PHFA

Financial Services

FinancialAnalyst

$58–75k ~AI est. Harrisburg, Pennsylvania, United States FULL TIME
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Entry candidates.

The Brief

“Financial Analyst at PHFA. Skills: Financial analysis, Compliance, Auditing. Review audited financial statements. Determine surplus cash”

Industry & Context.

Financial Services
Eligibility Requirements

Ability to travel periodically, Overnight travel

What They're Looking For.

Must Have

Associate's degree in Accounting, Associate's degree in Business Administration, 2+ years accounting experience, 2+ years auditing experience, Computer proficiency in Microsoft Office, Ability to communicate verbally, Ability to communicate in writing, Ability to travel periodically, Ability to travel overnight

Nice to Have

CPA, Experience in property management accounting

What You'll Do.

Review audited financial statements

Determine surplus cash

Determine owner distribution

Ensure compliance with PHFA legal documents

Perform annual financial reviews of properties

Assess credit quality

Ensure compliance with PHFA regulations

Review monthly operating reports

Review general ledgers

Review disbursement journals

Review annual operating budgets

Assist in multifamily development underwriting

Underwrite PennHomes proposals

Underwrite tax credit proposals

Review requests for capital expenditures

Authorize funding from reserves

Establish project escrow accounts

Monitor project escrow accounts

Revise project escrow accounts

Establish project reserve accounts

Monitor project reserve accounts

Revise project reserve accounts

Authorize payment from accounts

Assist Escrow Officer on supplier invoices

Assist Escrow Officer on customer invoices

Assist Escrow Officer on supplier contacts

Assist Escrow Officer on customer contacts

Monitor collateral securities

Ensure compliance with PHFA legal documents

Authorize release of collateral

Authorize extension of collateral

Enter reviewed budgets into AS400

Enter portfolio income statements into AS400

Enter non-portfolio income statements into AS400

Monitor delinquencies for debt service

Monitor delinquencies for escrow payments

Monitor delinquencies for reserve payments

Respond to owner requests

Respond to management agent requests

Respond to Agency personnel requests

How You'll Work.

Team & Collaboration

Work with Director of Housing Management; Work with Supervisor of Financial Operations; Work with Supervisor of Financial Compliance

Communication Scope

Verbal communication; Written communication

Full Job Description

It's fun to work in a company where people truly BELIEVE in what they're doing! _We 're committed to bringing passion and customer focus to the business._ # **Job Description** **Key Responsibilities** Review and analyze audited financial statements to determine surplus cash, cash flow, owner distribution, and compliance with PHFA legal documents. Perform annual financial reviews of properties for credit quality and compliance with PHFA regulations. This may include the review of monthly operating reports, general ledgers, and disbursement journals. Review annual operating budgets submitted by the management agent. Assist in the multifamily development process underwriting PennHomes and tax credit proposals. Review requests for capital expenditures and authorize appropriate funding from PHFA-held reserves or project-held funds. Establish, monitor, and revise, as necessary, project escrow and reserve accounts. Authorize payment from the various accounts. Assist Escrow Officer on supplier invoice request, customer invoice, supplier and customer contacts related to Workday Finance. Monitor collateral securities for compliance with PHFA legal documents and authorize the release or extension as appropriate. Enter reviewed budgets, portfolio and non-portfolio income statements into the AS400 system. Monitor delinquencies for debt service, escrow, and reserve payments, as reported by the Finance Division. Review, assist, and respond on an ongoing basis to requests and correspondence from owners, management agents, and Agency personnel pertaining to financial issues of their assigned properties. Prepare reports, spreadsheets, and other responsibilities as required by the Director of Housing Management, Supervisor of Financial Operations and/or Supervisor of Financial Compliance. **Qualifications:** A.S. or B.S. in Accounting, Business Administration or at least two years accounting/auditing experience. Computer proficiency in Microsoft Office applications. Ability to effect

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