Financial Analyst

Position Summary

The Financial Analyst role is a blend of traditional governmental accounting, HUD-compliance-heavy work, and forward-looking financial analysis to support housing and urban development projects. The primary purpose is to maintain accurate financial and accounting records, support budgeting and reporting, and provide analysis that informs management decisions.

Typical Duties

• Analyze audited financial statements and income/expense reports for public housing, HCV, and other assisted housing projects to identify risks affecting debt service or operating viability.
• Perform financial monitoring of loans and property statistics, including debt service coverage ratio, return on equity, and subsidy loan calculations as assigned.
• Review monthly variance reports and project-level operating performance with asset management or property management staff.
• Support the preparation, review, and monitoring of annual operating budgets for public housing and voucher programs, including expense, capital, and revenue budgets.
• Calculate and complete budget-based rent determinations, shelter rent calculations, and related subsidy calculations in accordance with HUD and agency policies.
• Cook up and coordinate collection, import, and analysis of project budgets and financial reports to support annual risk analysis and comparability studies (e.g., utility allowances, rent reasonableness).
• Prepare periodic financial reports and dashboards summarizing program performance, cash flows, and key metrics for senior management, boards, and external stakeholders.
• Conduct expense variance analysis, trend analysis, and scenario modeling (e.g., funding changes, portfolio changes) to inform strategic decisions.
• Perform special projects and ad hoc analyses related to acquisitions, refinancing, redevelopment, or capital planning for multifamily housing portfolios.
• Ensure financial operations and reporting comply with HUD regulations, GAAP, state/local rules, and internal policies.
• Afford assistance with the processing of public housing and debt services payments, fund transfers, and the establishment of bank and investment accounts.
• Identify financial issues, recommend solutions, and support process improvements in budgeting, reporting, and data management systems.

Minimum Qualifications

• Bachelor's degree in public administration, business Administration, real estate, finance, accounting, or a related field.
• 3-7 years of professional experience in planning, finance, or project management.

Preferred Experience, Knowledge, Skills, And Abilities

• Expertise Requires knowledge of government accounting, HUD regulations, IRS filing guidelines, and being detail oriented.
• Resilience Willingness, mental and physical ability to perform the duties involved in this classification.
• The ability to perform work with or without accommodation requires the ability to sit, stand, and walk; dexterity of the hands; clarity of vision, speech, and hearing; the power of observation; and other physical duties as required.
• Software Proficiency Highly proficient in Microsoft Word, PowerPoint, and Excel; Yardi and RentCafe experience preferred.

THE METROPOLITAN DEVELOPMENT AND HOUSING AGENCY IS AN EQUAL OPPORTUNITY EMPLOYER AND HIRES REGARDLESS OF RACE, COLOR, NATIONAL ORIGIN, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, AGE, RELIGION, AND DISABILITY, GENETIC INFORMATION, OR ANY OTHER LEGALLY PROTECTED STATUS.