Accounting Analyst/Jr. Subsidy And Grants Specialist

New York State Homes and Community Renewal (HCR) is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing and increase homeownership throughout New York State.

Under the leadership of Governor Kathy Hochul and Commissioner RuthAnne Visnauskas, HCR is a vibrant, innovative agency that integrates and leverages New York State’s housing resources. We have offices in New York City, Albany, Buffalo, and Syracuse, and employ a diverse workforce of professionals who are hard-working and committed to serving low- and moderate-income families. Our mission is far reaching, encompassing single and multifamily housing finance, home improvement, rent regulation, housing subsidies, and community development. We partner regularly with a variety of public and private stakeholders.

Achieving this mission requires a wide range of skills and backgrounds in public policy, administration, real estate, architecture, finance, law, and many other areas of expertise. We seek to provide a workplace environment that is productive, flexible, accountable, ethical, and caring. Our employees are empowered to make a difference where they live and work. We offer competitive pay and a comprehensive benefits package, including paid leave, health, dental, vision, retirement, and family-friendly policies.

The Office of Professional Services (OPS) is responsible for all administrative and support services, including Human Resources, Communications and Public Information, Fair Housing, Policy Development, Competitive Procurement and Contract Management, Fiscal Planning, Accounting and Treasury Services, Facilities and Building Management Services, Internal Audit, Project Management, and Information Technology Services. OPS values professionals that enjoy working in a fast-paced environment and who have the skills required to effectively plan, direct, and coordinate HCR’s wide array of support services.

DUTIES

• Monitor and reconcile the Federal Housing Trust (FHTF) and Housing Plan Funds programs
• Draw and record FHTF, IRP, and CHC funds receive from HUD
• Assist and provide backup support for HFA subsidy program funds received and requisitioned
• Assist and provide backup support for AHC grant program funds received and disbursed
• Prepare, review and reconcile subsidy project billing and associated receipts
• Prepare and maintain analysis of HFA administrative revenues and expenses
• Prepare and maintain Moody’s analysis of SONYMA indenture net revenues
• Perform bank reconciliations and promptly follow-up on outstanding items
• Provide support for T&I and Reserve billing and surcharges
• Prepare project reserve analysis reports
• Respond to inquiries from projects, internal and external auditors, Agency staff and other State Agencies as necessary
• Perform other duties as required

QUALIFICATIONS

• College degree in Finance or Accounting
• Approximately 2 plus years of work-related experience
• Ability to manage accounting functions
• Understanding mortgage loan process, financial securities and investments
• Successful candidate must demonstrate ability to pay attention to detail, multi-task, prioritize, have strong oral and written communication skills and be able to work independently
• Strong computer skills required (Microsoft Office)
• Experience using SAP ERP system(s) a plus

This job description is not intended to be all inclusive and employee will be expected to perform other reasonably related duties as assigned.

What we offer:

• Exciting opportunity to be part of New York’s resurgence to greatness;
• Extensive benefits package including paid leave, excellent health, dental, vision and retirement benefits;
• Promotional opportunity for dedicated professionals.