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Chief Financial Officer in Athens,GA,US

Our Client is currently seeking qualified applicants for the position of Chief Financial Officer ("CFO"). This highly responsible position provides leadership in instituting financial integrity, safeguarding the assets and promoting organizational accountability. The CFO reports to the Chief Executive Officer ("CEO") and is responsible for all aspects of financial management, accounting, payroll, purchasing, risk management, benefits administration, compliance reporting, and tax reporting. Duties require thorough knowledge of current accounting techniques, the policies and procedures and the accounting and reporting requirements of the U.S. Department of Housing and Urban Development ("HUD"). Performance of the duties also requires the application of executive skills and excellent judgment and decision-making ability. Work is performed under the general supervision of the CEO and is evaluated through independent audits required by HUD.The functions listed are also examples of duties that may be required and in no way imply a contractual agreement between the employer and employee or affect the at-will relationship between the parties.Major Duties and ResponsibilitiesResponsible for all aspects of the Authority's accounting, financial management, and financial reporting activities including planning, budgeting, and external reporting.Supervises the Controller and other Finance Department staff.Supervises the preparation of reports or financial statements for internal management use, for use of the Commissioners, or for use by the various offices of the State of Georgia and U.S. Department of Housing and Urban Development.Prepares budgets for the Central Office Cost Center and the Authority's non-federal funds. Coordinates and oversees the budgets for each Asset Management Property (AMP).Performs calculations and completes paperwork and online submissions as required for annual Operating Subsidy and related subsidy payments in accordance with applicable regulation.Establishes and maintains internal controls to protect and safeguard Authority assets and to provide surety of fiscal reporting.Oversees all the Authority's procurement activities.Completes year-end closing processes and ensures the timely submission of financial data to the U.S. Department of Housing and Development's Real Estate Assessment Center (REAC).Produces all official financial statements, along with related notes, for each program as well as consolidated financial statements.Supervises fixed asset accounting for the Authority's capital assets.At the direction of the Bond Compliance Officer, assists with bond compliance activities.Serves as the Authority's chief Risk Control Administrator. Identifies potential loss-causing areas; monitors, inspects and recommends actions to reduce potential loss; and performs follow-up.Routinely evaluates current benefit programs against alternatives.Administers all personnel benefit programs, including but not limited to health, dental, life, disability, and retirement.Maintains contract, securities investment, and insurance and property registers; advises on extraordinary maintenance and major repairs.Examines and audits the accounting provisions of contracts, leases, and agreements.Stays abreast of public housing matters through careful study of HUD regulations, laws, ordinances, and publications related to public housing.Stays abreast of all accounting issues through careful study of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) pronouncements.Represents the Housing Authority in meetings with HUD representatives, federal, state, and local officials, consultants, the residents, and the general public.Maintains contact with various HUD Officials in the Field and Regional Offices.Performs other related duties as required.We will provide reasonable accommodations provided that the individual is otherwise qualified to safely perform the duties and assignments connected with the job and provided that any accommodations made do not require significant difficulty or expense.Desirable Knowledge and Abilities1. Thorough knowledge of the policies and regulations of the Housing Authority as established by the Commissioners or set forth by Housing and Urban Development regulations.2. Thorough knowledge of modern office practices and procedures, including knowledge of principles of public finance and contract administration.3. Thorough knowledge of the principles, methods, and practices of professional governmental accounting.4. Thorough knowledge of the Housing Authority's accounting system and procedures.5. Considerable knowledge of the programs, budgetary needs, and organizational structure of the Housing Authority.6. Knowledge of report preparation techniques and procedures, a demonstrated ability to prepare and evaluate professional, technical reports, and other documents.7. Knowledge of computer-based accounting systems.8. Ability to understand, act on, and interpret policies, regulations, and procedures as set forth by the Housing Authority.9. Ability to understand or apply laws, regulations and polices to the maintenance of financial records.10. Ability to present ideas and information in a clear and concise manner, both orally and in writing.11. Ability to train and instruct subordinates to effectively and efficiently achieve departmental goals.12. Ability to prepare and interpret comprehensive, accurate and concise reports and data.13. Ability to meet and deal courteously and tactfully with the general public and to present ideas and recommendations effectively.14. Ability to perform the duties of all employees in the department as primary back-up.15. Ability to establish and maintain effective working relationships with co-workers, residents, contractors, vendors, the general public, and local, state, and federal officials.Physical RequirementsThe following is a list of physical requirements necessary to perform this job, either with or without an accommodation.1. The following is a list of physical requirements necessary to perform this job, either with or without an accommodation.2. Must be physically able to operate a variety of automated office machines including computers, copiers, printers, facsimile machine, telephone, etc.3. Must be able to work, move, or carry objects or materials such as files, computer printouts, reports, calculator, pencils, legal pads, etc.Minimum Education, Training, and/or Experience1. Graduation from an accredited college or university with a bachelor's degree in accounting, finance, business administration, or closely related field. A CPA is desirable.2. Four (4) to six (6) years professional accounting experience including at least two (2) years in a supervisory position over a professional or para-professional accounting staff.3. Any equivalent combination of education, training and experience which provides the required knowledge and abilities may be considered sufficient.Position open until filled.Equal Employment Employer: F/M/Disability/VetJob Type: Full-timeEducation:Bachelor's (Preferred)Experience:Accounting: 4 years (Preferred)Supervising: 2 years (Preferred)Work Location: In person
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What You Should Know About Chief Financial Officer in Athens,GA,US, W3Global

Join our amazing team in Athens, GA as the Chief Financial Officer (CFO) of our Housing Authority! As the CFO, you'll play a vital role in ensuring financial integrity and organizational accountability while safeguarding our assets. Reporting directly to the CEO, you will be in charge of all financial management duties, which means getting to flex your executive skills! From overseeing budgeting, financial reporting, and accounting to managing payroll and compliance reporting, you’ll truly be at the helm of our financial operations. On your watch, you'll ensure we meet the accounting and reporting requirements as per the U.S. Department of Housing and Urban Development (HUD). Your expertise in modern accounting techniques, deep understanding of public finance, and strong analytical skills will be hugely valuable as you supervise our Finance Department and collaborate with various state and federal offices. If you’re passionate about public housing, adept at navigating regulations, and thrive in a leadership role, this is the perfect opportunity for you. You’ll evaluate and implement benefit programs for our staff, ensuring we're providing the best options available. With every financial statement you produce and every budget you prepare, you will contribute to the enduring success of our Authority, supporting our mission in the community. If you meet the educational background and professional experience required for this position, we encourage you to apply!

Frequently Asked Questions (FAQs) for Chief Financial Officer in Athens,GA,US Role at W3Global
What are the responsibilities of the Chief Financial Officer at the Housing Authority in Athens, GA?

The Chief Financial Officer (CFO) at the Housing Authority in Athens, GA is responsible for overseeing all financial management operations. This includes budget planning, financial reporting, accounting, payroll, purchasing, and compliance reporting. The CFO ensures that all financial practices align with HUD regulations and are executed with financial integrity and organizational accountability.

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What qualifications are needed for the Chief Financial Officer position in Athens, GA?

To qualify for the Chief Financial Officer position in Athens, GA, candidates should possess a bachelor's degree in accounting, finance, business administration, or related fields. A CPA is desirable, along with 4-6 years of professional accounting experience, including a minimum of 2 years in a supervisory role. This combination of education and experience will equip you with the necessary knowledge and skills to excel in this role.

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How does the Chief Financial Officer contribute to compliance at the Housing Authority in Athens?

The Chief Financial Officer plays a critical role in compliance at the Housing Authority in Athens by ensuring that all financial practices adhere to the regulations set forth by HUD. This involves diligent reporting, maintaining accurate financial statements, and overseeing audits to safeguard the Authority’s assets and ensure transparent financial operations.

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What skills are essential for the CFO role at the Housing Authority in Athens, GA?

Essential skills for the Chief Financial Officer role at the Housing Authority in Athens, GA include a deep understanding of public finance, strong leadership capabilities, excellent judgment in decision-making, and effective communication skills. Familiarity with modern accounting systems and ability to prepare detailed reports are also key to managing the Authority’s financial health successfully.

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What is the work environment like for the Chief Financial Officer in Athens, GA?

The work environment for the Chief Financial Officer in Athens, GA is dynamic and requires strong collaboration with various stakeholders, including the CEO, Commissioners, and regional HUD officials. The role is hands-on and multifaceted, involving frequent interaction with the Finance Department staff and other organizational entities, creating a vibrant workplace culture.

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Common Interview Questions for Chief Financial Officer in Athens,GA,US
Can you describe your experience with budget preparation as the Chief Financial Officer?

When answering this question, emphasize your previous experience in creating, managing, and adjusting budgets in line with organizational goals. Discuss specific instances where your budgeting skills directly contributed to the financial health of your previous organization, highlighting your analytical approach and decision-making process.

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What do you believe are the key financial indicators for a housing authority?

A strong response to this question would include mentioning key financial indicators such as occupancy rates, operating margins, return on investments, and compliance with HUD financial regulations. Discuss how tracking these indicators can assist in strategic planning and financial forecasting.

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How do you ensure compliance with HUD regulations in your financial reports?

To ensure compliance with HUD regulations, I would conduct regular audits, maintain up-to-date knowledge of HUD policies, and establish a robust internal control system. I believe in fostering a culture of compliance through ongoing training and communication with staff, ensuring that everyone understands the importance of adhering to these regulations.

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As a leader, how do you manage your finance team effectively?

Managing a finance team requires strong leadership skills and open communication. I prioritize fostering an environment where team members feel valued and heard. I believe in mentoring through regular feedback, setting clear expectations, and providing opportunities for continuous professional development.

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What methods do you use to analyze financial risks?

To analyze financial risks, I employ a combination of quantitative and qualitative methods. This includes using financial modeling, assessing historical data for trends, and performing stress testing. I also engage in regular discussions with each department to identify emerging risks early.

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How do you stay updated with changes in accounting standards and HUD regulations?

To stay updated, I regularly attend workshops, webinars, and industry conferences, and I'm an active member of accounting and finance associations. Following news from HUD and subscribing to updates from the Governmental Accounting Standards Board (GASB) also ensures I'm knowledgeable about any recent changes.

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Can you detail a time when you had to make a tough financial decision?

When tackling this question, provide a specific example where your decision-making under pressure had significant implications. Discuss the options you considered, the stakeholders involved, the rationale behind your choice, and the outcome, emphasizing your analytical and ethical approach.

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Describe your approach to financial reporting and communication with stakeholders.

I believe in transparency and clarity for effective financial reporting. My approach includes tailoring reports to meet the needs of various stakeholders, ensuring accuracy, and conveying critical information in a straightforward manner. Regular updates and meetings with stakeholders also help facilitate productive discussions.

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What strategies do you use to optimize the financial performance of an organization?

To optimize financial performance, I focus on budgeting effectively, improving cash flow management, and regularly analyzing financial metrics. I also explore cost-saving measures without sacrificing service quality, ensuring we remain competitive while delivering value to our community.

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Why do you want to work as the CFO for the Housing Authority in Athens, GA?

When answering this question, express your passion for public service and making a positive impact in the community. Share specific reasons you feel connected to the mission of the Housing Authority, as well as how your skills and experiences align with their goals for financial stewardship and accountability.

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Full-time, on-site
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December 1, 2024

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