PHFA
Financial Services
FinancialAnalyst
Neural analysis suggests this role is
optimal for Entry candidates.
“Financial Analyst at PHFA. Skills: Financial analysis, Compliance, Auditing. Review audited financial statements. Determine surplus cash”
Industry & Context.
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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