Financial Specialist II

Make a difference - join our team to empower communities and build futures!

The Fairfax County Department of Housing and Community Development works in partnership with the Redevelopment and Housing Authority to serve the people of Fairfax County by creating housing opportunities to promote inclusive and thriving communities. Help make our vision of a community everyone can afford to call home a reality!

Under the general supervision of Financial Specialist IV, performs a wide variety of professional full performance level budget and fiscal management responsibilities for HCD.

Functional area

s include, but not limited to project tracking, fund management, budgeting, financial reconciliations, financial reporting review and compilation, auditing, oversight and review of third‑party property management company accounting records and financials including rent rolls; housing assistance payments; capital assets recordings; and reserve contributions, and fixed asset management.

This role necessitates a thorough understanding of General Accepted Accounting Principles (GAAP), and the application of Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) accounting requirements, and the consolidation of such financial statements into GASB requirements. The position also requires an understanding of federal and state regulatory reporting requirements for agencies such as U.S. Department of Housing and Urban Development (HUD) and Virginia Housing Development Authority (VHDA).

The role requires the individuals to prepare analysis and recommendations that convey financial and budgetary impacts to management and to the financial reports and accounting practices.

This role also requires knowledge and ability to prepare reports in the agency's enterprise system; ensure compliance with County and grantor policies; interact extensively with internal and external customers including the contracted vendors for Third‑Party Property Management, auditors and tax accountants. Strong interpersonal skills and the ability to communicate complex data to a variety audiences are essential. Preferred candidates would have previous experience with property management, housing authorities, or housing choice voucher programs.

Any combination of education, experience, and training equivalent to the following:

Graduation from an accredited four‑year college or university with either a bachelor's degree in accounting, business administration, public administration, public policy or related field; plus, two years of professional‑level experience in finance, business administration, budgeting, or contract management, a master's degree in a related field or CPA may substitute for 1 year of experience.

The appointee to the position will be required to complete a criminal background check to the satisfaction of the employer.

• Three to five years of progressive experience in the field of accounting or finance, preferred in a governmental, housing authority, or property management setting.
• Ability to prepare financial statements to include Balance Sheet, Income Statement, Statement of Cash Flow and related notes to the financial statements, in either GASB or FASB format.
• Ability to interpret and monitor federal and state funding requirements and compile related reporting.
• Proven ability to develop and present complex financial reports and analysis, including detailed projections and financial scenarios relative to program analysis, operating and capital budget forecasting and preparation, and annual budget monitoring.
• Highly proficient at financial systems, producing customized reports, and data manipulation to create management reports; experience working with SAP or a similar automated accounting/financial ERP system.
• Demonstrates initiative and knowledge to research, understand, and resolve complex financial issues.
• Ability to plan and implement activities in order to ensure effective and efficient utilization of resources.
• Ability to form collaborative partnerships across intra‑departmental divisions and with external stakeholders to…