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Contract Administration Financial Specialist
oklahoma housing finance agency (ohfa)
Entry level accounting position responsible for financial reporting and payment process of the Contract Administration program.
18d ago
$45,840 - $61,421
Junior (1-3 years)
Full Time
Oklahoma City, OK
Office Full-Time
Company Size
1500+ globally Employees
Service Specialisms
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Sector Specialisms
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Role
What you would be doing
- Assists with the monthly, quarterly, and annual reports as required by HUD.
- Responsible for identifying and correcting any Disincentive Deduction for any Incentive Based Performance Standard task as needed.
- Responsible for assisting the Grant Accounting Supervisor, CFO and the Deputy Executive Director in the creation of the annual work plan required by HUD.
- 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 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.
- Responsible for monitoring, adopting, and implementing current and future HUD requirements and regulations governing the administration of Section 8 contracts.
- 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 with preparing and submitting 1099s to the IRS.
- 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.
- Provide outstanding customer service to both external and internal stakeholders.
- Responsible for monthly bank reconciliation and general journal entries of the Contract Administration Program.
What you bringBenefits
Information not given or found
Training + DevelopmentInformation not given or found
Interview process
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Visa SponsorshipInformation not given or found
Security clearance- yes, background checks are required for this position.
Company
Overview
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Culture + Values- Bring your expertise in software development
- Bring your creativity and problem-solving skills
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- Bring your expertise in software development
- Bring your creativity and problem-solving skills
- Bring your expertise in software development
- Bring your creativity and problem-solving skills
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- Bring your expertise in software development
- Bring your creativity and problem-solving skills
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