A baccalaureate degree plus two years of professional level experience in Accounting Finance Business Administration or related fields.
Substitutions:
Six years of full-time professional experience in disaster recovery may substitute for degree.
A Masters degree from an accredited college or university may substitute for one (1) year of the required experience or two (2) years for a specialized degree in related fields.
Preferred Qualifications:
Knowledge of Community Development Block Grant particularly the Department of Housing and Urban Developments (HUD) Multifamily Asset Management and Project Servicing Handbook (4350)
Knowledge of Federal Emergency Management Agency Public Assistance Program
Professional experience with communications/public relations
Proficiency in Microsoft Office Suite
Experience with Mortgage Lending practices
Experience supporting audits and responding to monitoring or compliance reviews
Essential Functions
(Duties are illustrative and not comprehensive. Responsibilities may vary.)
Provides technical assistance to grantees to assure that all projects and expenditures comply with federal rules and regulations and program agreements.
Provide specialized guidance on recovery program areas as it relates to policy and implementation.
Assists the division in interpretation and understanding specialized program directives best practices applicable regulations and legislation.
Coordinates with key partners and agencies for special disaster recovery needs and in the area of specific technical expertise.
Provides highly responsible and complex technical support in specialized recovery effort to division Director or designee and LOCD-DR management.
Monitor assigned multifamily housing projects to ensure long-term compliancewith program regulatory and contractual requirements in accordance with HUD Multifamily Asset Management and Project Servicing Handbook 4350.
Conduct surplus cash reviews by analyzing financial statements annual audits and supporting documentation to determine required loan repayment amounts.
Review project submissions including budgets operating statements reserve analyses and compliance reports for accuracy completeness and adherence to HUD requirements.
Identify compliance risks financial concerns and trends affecting project viability; document findings and recommend corrective actions.
Prepare written analyses determinations and correspondence related to compliance status surplus cash calculations and repayment requirements.
Coordinate with internal program staff management and external stakeholders (e.g. owners lenders auditors and HUD representatives) to resolve compliance and servicing issues.
Track and maintain accurate project records in applicable databases and document management systems.
Assist management with portfolio-level reporting data analysis and special projects related to asset management and project servicing.
Interpret federal regulations policies and guidance to ensure consistent application across assigned projects.
Respond to inquiries from project owners and partners regarding compliance requirements financial reviews and repayment determinations.
Support audits monitoring reviews and internal or external examinations by providing documentation and analysis as requested.
Maintain current knowledge of HUD policies program updates and best practices related to multifamily asset management.
Position-Specific Details:Required Experience:
IC