FINANCIAL ACCOUNTANT II

Definition:

Under direction of a Senior Financial Accountant/Supervisor, performs professional accounting work, including auditing, analyzing and verifying fiscal records and reports, preparing financial and statistical reports, providing information to portfolio regarding accounting practices and procedures, and reconciling general ledger accounts; assists in preparing the annual and mid-year budgets; prepares year-end audit reports and schedules; trains and provides technical advice to other accounting personnel, and performs related work as required.

Characteristics:

This professional-level Accountant is assigned to the Financial Reporting Division of PK Management, LLC. The incumbent works with a high degree of independence in performing accounting and financial activities for PK. Successful performance of the work requires good knowledge of HUD accounting practices and procedures and fiscal management. Responsibilities include direct contact with all Regional Managers, Property Managers and other staff regarding monthly reports, revenue and expenditure accounts, the purchasing and financial reporting system and payroll activities.

Key Duties: (Duties are illustrative and not inclusive and may vary with individual assignment.)

• Prepares journal entries and reconciles general ledger and subsidiary accounts; prepares monthly financial statements, including distributing monthly revenue and expenditure reports to departments.
• Analyzes and reconciles expenditure and revenue accounts, including trustee accounts and investment reports.
• Makes wire transfers and journal funding transfers and reconciles monthly bank statements.
• Monitors Service Coordinator grant revenues and expenditures, ensuring data is recorded in the financial accounting system.
• Calculates and prepares reimbursement billings and tracks receivables; reconciles monthly accounts receivable.
• Prepares audit schedules for external auditors and acts as a liaison between the property and auditors.
• Assists with the preparation of the annual budgets.
• Assists with the fiscal year-end and fixed asset accounting.
• Provides training in the use of the organization’s computerized financial system and assists departmental personnel with budget questions, proper expenditure coding, document processing and other accounting related activities.
• Performs other duties of a similar nature or level.