Director – Budgets

The Budget Director supports the Deputy Chief in the development, administration, forecasting and monitoring of CHA’s annual operating budget and the capital needs plan. The position directs the day-to-day work of Budget team staff; oversees budget monitoring, financial analysis, and executive reporting; coordinates required HUD budget and funding submissions; and monitors the allocation and use of operating and capital resources.

DUTIES AND RESPONSIBILITIES

• Directly supervises assigned Budget team staff and is responsible for assigning and reviewing work, providing training and guidance, monitoring performance and completing performance evaluations.

• Coordinates the preparation and submission of required budget document and funding forms to HUD. 

• Leads Budget team activities with the transition from Lawson to Yardi, including implementation and ongoing use of budget, forecasting, capital-planning, workflow, and reporting function. 

• Manages Yardi Jobs request, review, approval, and revision workflows to ensure adherence to CHA policy, appropriate funding allocation, and accurate tracking of all capital funding sources and uses; includes migration into Yardi Forecast IQ for operating budget management, compilation, and reporting.

• Directs the development of revenue and expenditure forecasts for CHA programs and coordinates monthly variance analysis and explanations with budget staff and user groups.

• Directs the development and updating of the five-year capital needs plan using information provided by leadership and applicable user departments. 

• Assigns capital funding sources to projects and provide monthly reporting that include budget versus actual, commitment & spend status of various capital funds, and other ad hoc reporting needs.

• Supervises and directs day-to-day departmental activities to ensure smooth and efficient operations. Oversee processes to ensure that expenditures have proper approval and have been budgeted.

• Directs the preparation and review of monthly budget to actual reports, forecasts, and financial analyses for executive leadership and operating departments. 

• Participates in and directs strategic planning initiatives to ensure overall goals and objectives of the departments are met.

• Oversees preparation of program applications related to operating subsidy and capital grants and assists in completing budget-related portions of HUD Annual Plan and Report submissions. 

• Monitors available financial resources and anticipates future funding requirements for review with the Deputy Chief of Budgets.

• Monitors relevant trends, developments, and federal regulations to ensure accurate maintenance of budgets authority-wide. 

• Reviews program contract agreements relative to financial issues to ensure funds are allocated accordingly.

• Performs other related duties consistent with the purpose and level of the position.

QUALIFICATIONS

This position requires considerable knowledge of accounting and budget practices and procedures, knowledge of HUD budget and accounting regulations, financial reporting practices, effective analytical, problem-solving, and communications skills, and a general working knowledge of manual and automated accounting and budget maintenance systems.Familiarity with Yardi ERP would be a plus.

This position also requires a bachelor’s degree in Accounting, Mathematics, or Business Administration, and a minimum of seven (7) years’ progressive, responsible experience in an accounting environment or the equivalent of education and related work experience. CPA or MBA preferred.