Budget & Financial Advisor

THDA

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Job Summary

Handles complex professional budgeting and reporting activities in the division.  Serves primarily as a Budget and Financial Manager, performing advanced budgetary/financial analysis relative to receipts, expenditures, and other payments, encumbrances, fund transfers, revenues, and grants; performs data research and development projects of THDA’s accounting and proprietary line-of-business systems; these tasks are projected to be no more than 50% of the employee’s workload.

Job Responsibilities

Essential duties and responsibilities include the following. Other duties may be assigned.

• Prepares budgetary material into THDA’s operating budget document; performs difficult budget analytic work relative to budget preparation or other purposes; documents may be submitted to the Board of Directors, Department of Finance and Administration, State Senate and/or House of Representatives, or other oversight body.
• Presents Budget Information and Proposals to the Board of Directors, Executive Management, and others as required.
• Maintains files of budgetary information.
• Develop internal performance standards.
• Performs routine and ad hoc financial analysis of THDA’s financial operations as directed by the Accounting division management team and/or the Chief Financial Officer.
• Assembles fiscal and statistical data for use in budgetary evaluations and budget hearings; attends budget hearings.
• Performs indirect cost analysis, including the preparation of the Agency’s indirect rate proposal, and routes such through management to the Agency’s cognizant agency in compliance with applicable federal guidelines.
• Researches budget exception errors as noted in the State of Tennessee’s Enterprise Resource Planning (ERP) system, Edison, and resolves such as appropriate.
• Assists in establishing budgetary expenditure controls, including, but not limited to, the posting of budgetary journal entries into THDA’s accounting system, establishing appropriate budget-to-actual variance reporting, and other similar financial analyses.
• Completes financial/accounting technology research and development projects associated with the accounting and proprietary line-of-business applications systems used by the Accounting division.
• Handles the accounting function of assignment grouping of accounts and/or subaccounts, (such as bond resolutions, operating accounts, grant segments, etc.), including, but not limited to, entry of appropriate journal entries, periodic reconciliations, preparation and maintenance of appropriate financial schedules, reports, analysis, and other associated tasks.
• Handles payment processing procedures and offers recommendations for improvement, review (and subsequent approval or denial) of Accounts Payable vouchers, handles vendor maintenance, and resolves Accounts Payable issues as they arise in a timely and efficient process.
• Responsible for all aspects of Federal and State Grant Reporting.
• Records Automated Clearing House (ACH)/fedwire deposits into Edison, in compliance with established procedures and practices.
• Reviews and approves federal drawdowns through the applicable federal government data systems.
• Reviews the federal drawdown Accounts Receivable ledger, and researches and resolves aged items; reconciles the Accounts Receivable ledger to THDA’s General Ledger.
• Prepares statistical journal vouchers for federal administrative fee revenue, and enters such into Edison.
• Journal entries are entered into THDA’s accounting system and/or Edison based on appropriate support and documentation.
• Ensures that monetary receipts are appropriately deposited and entered into the assigned accounting systems in a timely manner, with the subsequent approval or denial of cashiering batches, and that such batches are subsequently completed.
• Reviews financial transactions, including preparing periodic journal entries to record the results of such transactions; performs subsequent reconciliations to ensure that such journal entries are appropriate.
• Represents the Division for all Budgetary responsibilities and communications in the absence of the Controller.

Qualifications

The requirements listed below are representative of the knowledge, skills, and/or abilities required. 

Education and Experience:

• Bachelor’s degree in accounting or finance, or a Certified Public Accountant (CPA) in good standing.
• Five years of experience in professional accounting or financial/budgetary analysis work, eight years preferred.
• Experience in governmental accounting preferred.

The above qualifications express the minimum standards of education and/or experience for this position. Other combinations of education and experience, if evaluated as equivalent, may be taken into consideration.

Knowledge, Skills, Abilities, and Competencies:

• Considerable knowledge of generally accepted accounting principles, including Government Accounting Standards Board (GASB)/Financial Accounting Standards Board (FASB) standards, advanced accounting theory and practice, financial/data analysis, auditing, budgeting, and data processing.
• Strong accounting and budgeting skills and good math skills.
• Ability to interpret and appropriately resolve complex budgeting and accounting issues.
• Knowledge of current business practices and principles, including the mortgage loan industry, bonds, grants, and governmental accounting.
• Ability to perform difficult financial analysis using Microsoft Excel, Access, or other professional software systems.
• Strong interpersonal skills.
• Excellent verbal and written communication skills.
• Ability to transfer data from accounting/financial/data systems into other programs, such as Microsoft Access, Excel, Word, etc. accurately.
• Builds and maintains positive relationships with internal and external constituents.
• Strong organizational skills.
• Strong time management skills; uses time effectively; consistently meets deadlines.
• Documents regularly, thoroughly, accurately, and completely.
• High level of detail and accuracy.
• Ability to work effectively and efficiently within a team environment.
• Exercises good and consistently fair judgment, courtesy, and tact in dealing with the staff and public in giving and obtaining information.
• Computer literate; knowledge and skills in use of professional accounting software; proficient in Microsoft Word, Excel, Outlook, and the internet; able to effectively adapt to and use other computer systems as needed for daily activities.

Additional Information

Benefits

How to Apply

https://phh.tbe.taleo.net/phh01/ats/careers/v2/viewRequisition?org=THDA2&cws=38&rid=958

Details

• Date Posted: January 14, 2025
• Type: Full-Time
• Job Function: Accounting / Financial Management
• Service Area: Government
• Salary Range: $4,517
• Working Hours: 37.5