Assistant Manager - Accounting Operations

Position Overview

In addition to the salary posted above, this position is currently receiving an additional 5% premium pay due to the position being in King County.

The Washington State Housing Finance Commission is seeking an Assistant Manager for the Finance Division. The incumbent’s primary focus is supporting the General Operations Manager, including performing their duties in their absence.

The Finance Division of the Washington State Housing Finance Commission (the “Commission”) monitors, records, summarizes and reports all financial transactions, oversees the system of internal controls to ensure that assets are safeguarded and that financial activities conform to Federal and State regulations, and monitors and manages outstanding bond debt.

As a leader within the general accounting team, the Assistant Manager will play a critical role in the transition to a new timecard system, development of payroll related policies, and managing general operations function. This role is essential to ensuring the Commission’s continued goal of transparency and risk management necessary to maintain internal and external trust.

The duty station for this position is Seattle, WA. The work will be performed through a combination of teleworking and complementary onsite work and meetings as needed. Employees must reside in Washington state and within a reasonable distance of our worksite to respond to workplace reporting requirements.

The Commission is a market-driven and self-supporting agency created to provide below-market rate financing for building, purchasing, or preserving affordable housing and nonprofit capital facilities. The Commission functions as a financing conduit between developers, lenders, first‑time home buyers, real estate professionals, and nonprofit organizations to provide affordable financing for homes, rental housing, civic and social services facilities, energy conservation projects and first‑time farmers and ranchers.

We believe that creating a diverse, inclusive, and equitable environment is important and vital to the success of the Commission. We are committed to a work environment free from harassment and discrimination and to celebrating the rich dimensions of diversity contained within each individual.

• Provide leadership, oversight, and training to General Accounting and payroll staff, serving as the primary backup to the General Operations Manager.
• Develop and monitor policies governing all general operations and payroll functions to maintain compliance with state laws, GAAP, and internal controls.
• Periodically monitor fiscal health using key metrics to provide insights and recommendations for continuous improvement.
• Manage month‑end, quarter‑end, and year‑end financial statement close processes, verifying that reconciliations across all systems are accurate and timely.
• Review and approve journal entries, vendor payments, travel reimbursements, and inter‑fund allocations.
• Oversee accounts payable, accounts receivable, and cash receipt transactions, confirming all data is reconciled with daily bank statements.
• Direct the total payroll function, including the development of processing methods, work procedures, and pay schedules.
• Review and approve payroll batches for release to the statewide accounting system, validating the accuracy of financial coding.
• Coordinate payroll policies with the fiscal office and department heads and conduct payroll processing training for staff to uphold system integrity.
• Prepare and oversee financial reports, business analyses, and investigations of transactions for auditors or executive leadership.
• Work on additional special projects throughout the year as identified by management and perform other duties as assigned.

• Substantial professional experience in accounting or a closely related financial field.
• Progressive experience in a supervisory or lead capacity, including staff development and strategic planning.
• Strong knowledge of Generally Accepted Accounting Principles (GAAP) and accounting policies (including payroll, accounts payable, or accounts receivable).
• In‑depth understanding of the Washington State…