Contract Administration Financial Specialist

Description

• Responsible for assisting the Grant Accounting Supervisor with preparing and submitting 1099s to the IRS.
• Assists with the monthly, quarterly, and annual reports as required by HUD.
• Responsible for monthly bank reconciliation and general journal entries of the Contract Administration Program.
• Provide outstanding customer service to both external and internal stakeholders.
• Responsible for submitting annual Section 8 year-end statements, and OHFA Annual Audits to HUD in a timely manner as identified in the RFP and for the Line of Credit Control System (LOCCS) cut-over process of newly assigned contracts.
• Responsible for assisting the Grant Accounting Supervisor, CFO and the Deputy Executive Director in the creation of the annual work plan required by HUD.
• Responsible for monitoring, adopting, and implementing current and future HUD requirements and regulations governing the administration of Section 8 contracts.
• Oversee the monthly voucher payment process, ensuring timely disbursement for eligible units under Housing and Urban Development (HUD) and the Tenant Rental Assistance Certification System (TRACS)
• Responsible for identifying and correcting any Disincentive Deduction for any Incentive Based Performance Standard task as needed.
• Responsible for monitoring tenant files in Housing and Urban Development's (HUD) Tenant Rental Assistance Certification System (TRACS) to ensure properties are at or above 90% compliance.
• Responsible for accurately maintaining and documenting records, worksheets, and work papers.
• Responsible for the timely handling and processing of contract rent adjustments requested by owners, securing HUD approval when required, and ensuring the proper implementation of payments on voucher requests.
• Responsible for ensuring OHFA attains the Acceptable Quality Level (AQL) on all Incentive Based Performance Standard tasks.

Requirements

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance