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About the Role

The Director of Accounting and Finance provides proactive leadership in managing financial transactions, systems, accounting standards, and reporting requirements. This role helps administer treasury activities, including financial planning, and ensures that related transactions, policies, and procedures align with the Corporation’s goals, operational needs, and applicable requirements. This role will report to the Executive Vice President & Chief Financial Officer.

Responsibilities

Provide guidance and analytical support to accounting staff on recording new types of financial transactions.
Review and analyze financial transactions for accurate accounting including mortgage, bond, and investment transactions.
Review general ledger activity, account reconciliations, accruals and other accounts for unusual trends, errors and inconsistencies.
Read and interpret mortgage and bond documents to set up complex financial transactions in the general ledger and discuss them with other departments.
Drive meaningful process improvements, automating routine accounting tasks, strengthening financial reporting accuracy and providing strategic decision support.
Analyze quarterly and year-end financial statements and assist in the preparation of a written summary of financial activities.
Develop financial modeling and analytical tools to measure and forecast the impact of various corporation scenarios, risks, and changes.
Assist in managing the fiscal year-end financial statement audit process; communicate and work with external auditors and coordinate requests with accounting staff.
Ensure compliance with local, state, and federal government requirements.
Develop processes, policies, and controls to define operational standards and ensure accurate, timely, and compliant financial operations.
Manage external reporting requirements such as required under the Public Authorities Accountability Act (“PAAA”).
Provide guidance to other departments in relation to internal controls, procedures and policies of the Corporation.
Serve as finance liaison to interpret financial data to support corporate decision making.
Manage other special projects and assume additional responsibilities at the request of the CFO and Controller.

Requirements

BA/BS in Accounting, Finance, Business Administration or related field with a minimum of 10 years of relevant experience in the Accounting/Finance field.
Proficiency in accounting principles; knowledge of GASB a plus.
Experience in managing a large staff for a minimum of 5 years.
Ability to analyze, interpret and communicate financial data.
Excellent problem-solving skills and analytical approaches to address challenges.
Proficiency in Microsoft (Excel, Word, Access, Power Point, Copilot) required, Oracle Financials and Business Intelligent Query Tool a plus.
Strong project management skills.
Excellent communication (oral and written) and presentation skills.
Mortgage and/or banking experience.
Advanced degree such as MBA in Finance.
Professional certification such as a CPA.
Experience operating in a public sector or mission driven environment working with government policies and regulations.
Submit a cover letter with your resume.

Skills

Accounting principles
GASB
Financial data analysis
Problem-solving
Analytical approaches
Microsoft Excel
Microsoft Word
Microsoft Access
Microsoft Power Point
Microsoft Copilot
Oracle Financials
Business Intelligent Query Tool
Project management
Communication (oral and written)
Presentation skills
Mortgage experience
Banking experience
Public sector experience
Mission-driven environment experience
Government policies and regulations

Location

NYC/Financial District

Work Type

Full Time

Experience Level

Minimum of 10 years of relevant experience in the Accounting/Finance field
Minimum of 5 years of experience in managing a large staff

Education Level

BA/BS in Accounting, Finance, Business Administration or related field
MBA in Finance
CPA certification

Salary/Compensations

$145,000 to $155,000

Benefits

Health Benefits at a reasonable cost
Dental and Vision Benefits at no cost
Retirement savings plan with a generous match and a pension plan
Paid holiday, vacation, sick time and parental leave
Professional development opportunities
Public Service Loan Forgiveness for eligible employees
Wellness reimbursement
Back-up Caregiver Benefit

About the Company

The New York City Housing Development Corporation (HDC) is a public benefit corporation and the nation’s largest municipal Housing Finance Agency.
HDC’s programs support the construction and preservation of multi-family affordable housing in New York City.

Equal Opportunity

HDC is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.