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Director of Finance

Company: Bellingham Housing Authority
Location: Bellingham
Posted on: November 22, 2020

Job Description:

Director of Finance
Provides direct, knowledgeable guidance & oversight of the financial components of BHA's operations.
106,398–$113,976 DOQ + exc benefits.
Apply at www.bellinghamhousing.org/careers by 12/1.
ESSENTIAL JOB FUNCTIONS

  • Interprets, implements, and administers the policies of the Board of Commissioners and Executive Director.

  • Ensures Department leadership with the development of monthly financial reports, annual budgets for Cost Centers and provisions of monthly statements.
  • Works with the Accounting Manager and accounting staff to monitor the financial components of the Authority's Strategic Business Plan, monitoring the Plan's goals, objectives, and metrics to ensure that the Department is making timely progress.


  • Supervises accounting staff. Evaluates employee performance, recommends step increases, disciplinary actions, makes hiring and termination recommendations. Establishes job performance criteria appropriate for each reporting position. Plans regular training opportunities, coaching, organizational development and employee relations. Provides additional support to resolve performance issues.
  • Audits all internal control procedures for the Authorities.
  • Prepares reports and statements, interprets financial data for the Executive Director, other Department heads, HUD, and other funding agencies.
  • Serves as financial administrator for private property management company, including creation of internal control procedures, general oversight, monthly financial reviews, budget planning/review, field auditing and reporting compliance.
  • Establishes and maintains all accounting systems, financial reporting and ensures compliance.
  • Develops, recommends, and implements written financial policies, procedures and materials in compliance with changing Federal, state and local regulations.
  • Manages audit processes from soliciting proposals to scheduling exit interviews. Monitors audit progress and serves as primary point of contact for auditor inquiries.
  • Plans, schedules and manages the annual budget process. Presents and obtains budget approval and prepares budget adjustments.
  • Provides the principal direction, in coordination with the Executive Director, Accounting Manager, and Department heads, to ensure the development of an effective financial management process including:

    • Cost Center budgets for approval by the Board of Commissioners prior to the beginning of each fiscal year with amendments as needed.
    • Utilization of monthly Comparative Statements for each Cost Center so that deviations from the budgets income and expenditures can be clearly identified including all accrued income and obligations, status of reserves, amount of reserve that is owed to other Cost Centers (or elsewhere), and Receivables including from Tenants and other sources.
    • Monthly reports with Department heads that outline deviations in income and expenditures between Cost Center Budgets and Statements including the identification of appropriate corrective actions that have or will be taken.


    • Maintains fund management in the following areas:

      • Budget variance analysis and reporting system
      • Cost control system
      • Investment management
      • Reserves management
      • Banking services management
      • Purchase order control


      • Manages housing authority accounts, including bond accounts, account set up, reporting, new financing assistance, and account review.
      • Manages timely annual, quarterly and monthly reporting to various governmental entities (such as IRS, State Department of Revenue, Department of Labor and Industries, County Assessor, etc.).
      • Ensures that all external statements, documents, reports, and policies are approved by the Executive Director before release.
      • Manages the Housing Authority's insurance and benefit programs. Oversees procurement processes to acquire cost effective insurance plans, acts as employee benefits liaison, and monitors COBRA compliance. Maintains risk management insurance and manages claims.
      • At the approval of the Executive Director, the Director of Finance attends meetings, workshops, conferences, seminars, etc. which impact upon sound Authority operations, compliance and performance, in order to obtain insight and knowledge of changes concerning the operations of the programs administered by the Authority.
      • Acts as liaison with funding governmental agencies on all matters affecting the finances of the Authorities.
      • Authorizes payments of vendor's invoices and oversees accounts payable for all vendors and contractual obligations.
      • Reviews contracts as to their financial aspects and makes recommendations as required.
      • Reviews and approves all financial statements.

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Keywords: Bellingham Housing Authority, Bellingham , Director of Finance, Executive , Bellingham, Washington

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