Controller, Finance & Banking, Financial Compliance

Controller

Controller

Finance and Accounting Department

FLSA Status:
Exempt

Reports To:

Chief Financial Officer

Position Summary

The Controller directs the Housing Authority of the City of Milwaukee's (HACM) accounting operations and ensures the integrity, timeliness, and transparency of financial information across public housing, Housing Choice Voucher (HCV), and LIHTC/mixed-finance activities. The Controller leads financial reporting, the annual audit, accounting policy, internal controls, cash and balance-sheet reconciliation, and the accounting team. The position serves as the Chief Financial Officer's (CFO) principal accounting leader and a strategic partner to the CFO on financial matters.

Essential Duties and Responsibilities

• Financial Leadership and Administration
  • Direct and manage day-to-day operations of the Finance Department.
  • Serve as the senior financial administrator responsible for accounting, financial reporting, budgeting, treasury administration, and compliance activities.
  • Evaluate financial operations and recommend improvements to enhance efficiency, compliance, and internal controls.
  • Develop, implement, and maintain financial policies, procedures, and best practices.
  • Provide financial analysis and recommendations to executive leadership.
• Accounting and Financial Operations
  • Oversee all accounting functions including general ledger, accounts payable, accounts receivable, payroll review, grant accounting, fixed assets, and financial reporting.
  • Lead technical accounting analysis and implementation of new accounting standards.
  • Ensure the accuracy and completeness of all accounting records and financial transactions.
  • Review and approve journal entries, account reconciliations, and accounting adjustments.
  • Oversee monthly, quarterly, and annual financial closing processes.
  • Monitor interfund and inter-program transactions.
  • Ensure compliance with GAAP and applicable governmental accounting standards.
• Financial Reporting
  • Prepare, review, and present monthly financial statements, management reports, and supporting analysis.
  • Prepare financial reports for HUD, lenders, investors, auditors, and regulatory agencies.
  • Ensure timely and accurate completion of all financial reporting requirements.
• Budgeting and Financial Planning
  • Coordinate annual operating, capital, grant, and development budget preparation.
  • Assist with Agency-wide financial forecasting and long-range financial planning.
  • Review budget-to-actual reports and provide variance analysis and recommendations.
  • Monitor budget performance and recommend corrective actions when necessary.
  • Review budget amendments and financial projections.
  • Assist with debt management, capital planning, and financing initiatives.
• Treasury and Cash Management
  • Monitor Agency-wide cash flow, liquidity, and funding requirements.
  • Manage operating subsidy funding and capital fund financial activities.
  • Review bank reconciliations and banking activities.
  • Review, prepare, and recommend fund transfers for CFO approval.
  • Assist with cash management strategies and reserve monitoring.
  • Review and process draw requests and supporting documentation for Operating Fund, Capital Fund, grants, and other funding sources.
• HCV Contractor Financial Oversight and HUD Compliance
  • Provide finance and accounting oversight of HCV program contractor.
  • Monitor compliance with HUD financial management requirements, 2 CFR Part 200 (Uniform Guidance) regulations, grant requirements, and federal, state, and local financial regulations.
• Audit and Internal Controls
  • Serve as the primary coordinator for all financial audits, regulatory reviews, and compliance examinations.
  • Manage auditor requests and preparation of audit schedules and supporting documentation.
  • Coordinate responses to HUD financial reviews and monitoring activities.
  • Develop and maintain strong internal control systems to safeguard HACM assets.
  • Ensure implementation of audit recommendation and corrective action plans.
  • Conduct periodic reviews of financial processes and risk management practices.
• Leadership and Staff Development
  • Supervise finance department personnel and provide leadership, coaching, mentoring, and professional development.
  • Plan, assign, review, and evaluate…