Inkster Housing Commission Looking for FINANCE DIRECTOR at Inkster, MI Full Time

Seeking seasoned experience candidates only with strong nonprofit industry experience as well as the government sector. ONLY QUALIFIED CANDIDATES will be considered.

The primary purpose of this position is to direct all financial and accounting operations and internal and external audits for IHC. This position reports to the President and CEO and will assist in advancing the mission of IHC by providing leadership in the development and implementation of the Authority’s goals, policies and strategic initiatives and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding. The Finance Director is responsible for ensuring compliance with all applicable federal financial regulations and effective internal controls over compliance with major federal programs.

Essential Duties And Responsibilities

The position duties and responsibilities listed below describe the general nature and scope of work. Other responsibilities, duties, and skills may be required and assigned, as needed.

• Prepares financial budgets, reports, and spending forecasts for approval by the President and Chief Executive Officer and Board of Commissioners and analyzes income and expenditures for IHC to assure compliance with approved budgets and financial procedures. Establishes and maintains internal controls to appropriately safeguard the Authority’s funds.
• Oversees the management and coordination of all fiscal reporting activities for the organization including organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organization and contract/grant budgets. Supervises the preparation and submission of the annual operating budget and other necessary reports, records, and information to the President and CEO
• Provides regular reports on the financial condition of IHC to the President and Chief Executive Officer and the Board; responds to Board inquiries on financial matters; and ensures reporting deadlines are met to HUD, State, and local governmental entities; recommends changes to IHC financial policies and procedures as needed.
• Monitors banking activities and financial performance of IHC by evaluating and examining results; initiating corrective actions; minimizing the impact of variances. Serves as point of contact for banking administration, HUD related financial matters and auditors.
• Monitors spending of grant funds to ensure compliance with grant terms and conditions, and ensures effective internal controls are in place to meet GAAP and applicable governmental requirements for financial reporting.
• Manages the work of staff including assigning, planning, and reviewing work, evaluating work performance and completing performance evaluations, coordinating activities, maintaining standards, allocating personnel, selecting new employees, training, acting on employee problems, and recommending and implementing discipline.
• Develops and maintains financial policies and procedures such as low rent housing, Housing Choice Voucher, Homeownership, Family Self-Sufficiency, Shelter Plus Care Program, Market, Non-Federal, Real Estate, and other IHC managed programs. Assists in the development of Authority policies and procedures implementing federal, state, and local directives and statutes and other Authority programs.
• Directs IHC on compliance with state and federal procurement policies; monitors all contracts and small purchases for compliance; approves all purchases exceeding threshold amount; designs, implements, manages, and monitors procurement reporting systems to meet Authority and HUD requirements.
• Provides reports to Senior Managers when documentation is required for timely payment to vendors. Ensures payroll for employees is processed in a timely manner. Ensures W-2 and1099 reports are provided to employees, vendors and IRS as required.
• Coordinates compliance and financial reviews and audits; serves as primary contact with auditors by providing required information, coordinating documentation needed from other staff, reviewing draft and final audited financial statements and reports, and transmitting reports to all authoritative agencies.
• Ensures HUD Performance Standards and reporting requirements are maintained or improved to high performance levels.
• Assists with the preparation, review, analysis, and transmittal of PHAS information throughout the year and at the end of the fiscal year.
• Meets all job safety requirements and all applicable OSHA/PERRP safety standards that pertain to essential functions and maintains licenses and certifications as required.
• Performs other duties as assigned.

Company Description

IHC is under new leadership and on the path for continued growth. Looking for experienced leaders to join the team.

IHC is under new leadership and on the path for continued growth. Looking for experienced leaders to join the team.