Red Wing Housing and Redevelopment Authority
Finance Manager
Job Description
Under the general direction of the Executive Director, the Finance Manager is responsible for the
strategic long-term and day to day management of the Housing Authority’s fiscal operations.
The Finance Manager plans, organizes and provides administrative direction and oversight for all
financial functions and activities including budgeting, accounting, payroll, accounts payable,
accounts receivable, financing activities and overseeing the HRA’s investments.
REPORTS TO:
POSITION STATUS:
Executive Director
Exempt Position
MINIMUM QUALIFICATIONS/REQUIRED KNOWLEDGE & SKILLS:
1. Bachelor’s Degree from an accredited college or university with a major in accounting,
finance, business administration, public administration or a related field plus five years
financial management related experience. Possession of a Master’s Degree in one of the
related fields may be substituted for one year of required experience.
2. Must be able to perform each essential function satisfactorily.
3. Must have knowledge of the principles and techniques associated with the management
of general accounting and financial record keeping in a public entity setting.
4. Must have knowledge of internal auditing procedures.
5. Must have knowledge of principles and practices of budget development and
administration.
6. Must have knowledge of relevant HUD standards for HUD programs administered by the
HRA.
7. Must have the ability to maintain confidentiality.
8. Must have the ability to analyze, interpret and prepare financial statements and reports.
9. Must have the ability to effectively handle the investment of HRA funds.
10. Must have the ability to design, improve and implement accounting and record keeping
systems.
11. Must have the ability to establish and maintain effective working relationships with
others.
12. Must have the ability to communicate complex ideas clearly and effectively both orally
and in writing.
13. Must have the ability to prepare budgets.
14. Must have the ability to operate a personal computer using HRA specific software
programs and Microsoft Office programs.
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15. Must have the ability to attend trainings as requested and obtain certifications.
16. Must possess and maintain an applicable Minnesota Driver’s License and insurance.
17. Must have the ability to communicate verbally, in written documents, and electronically
in an effective, professional manner with a variety of audiences.
18. Must have the ability to read, comprehend and interpret federal regulations and HRA
policies.
19. Must have the ability to perform mathematical analysis and create spreadsheets to assist
with analysis.
20. Must have the ability to plan, organize and prioritize work in an environment with
competing demands on time.
Essential Functions:
1. Overall responsibility for the management and administration of the systemic recording
and reporting of financial and budgetary transactions of the HRA and of other agencies
and non-profits administered by the Authority. Maintain adequate monitoring and
reporting systems to ensure the adequacy, quality, and timeliness of accounting work.
Administer funds within the context of the HRA’s accounting policies and procedures
and approved budgets.
2. Oversee the preparation of the annual budgets and expenditure projections, payroll
processing, allocation system, accounts payable/receivable, internal auditing and all other
fiscal activities. Compile and estimate sources and amounts of revenue for the budget
year. Review expenditures monthly during the budget year. Advise the Executive
Director on year to date budget status and revision needs. Directs preparation of budgets,
reviews budget proposals with supporting documentation and justification in conjunction
with HRA staff.
3. Direct the preparation of a wide variety of financial statements and reports. Prepare
monthly reports on Authority operations for ED and Board review. Provides Executive
Director with timely reviews of organization’s financial status and progress in its various
programs and activities. Ensure the preparation of monthly activities and status reports.
4. Upon Executive Director approval, invest authority funds in accordance with federal,
state and HRA guidelines. Prepare periodic reports regarding investments; review annual
Housing Authority Investment Policy and make revision recommendations as needed.
5. Develop and annually update accounting policies for Executive Director review and
Board approval. Develop written accounting procedures that ensure sound accounting
practices and control systems. Plan, design and coordinate accounting methods and
systems and make such recommendation to the Executive Director. Serve as a policy
accounting advisor to the Executive Director regarding accounting management and
operations issues. Continuously monitor and evaluate the efficiency/effectiveness of the
accounting methods and procedures, assess and monitor the work load, identify
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opportunities for improvement, recommend accounting procedure changes for sound
efficient practices, direct and implement approved changes.
6. Arrange for and coordinate all annual independent agency and program audits. Work
with independent auditor to complete all audits. Ensure agency audit is in compliance
with Single Audit Act. Determine corrective action to address any audit findings.
7. Attend staff meetings on budget matters and keep abreast of legislative and funding
source changes that may have an impact on budget needs.
8. Undertake special assignments as directed by the Executive Director.
9. Make verbal reports and presentations to the Board of Commissioners and other bodies as
requested by the Executive Director.
10. Supervise an assigned department in fiscal matters, such as Section 8 HCV and report to
the Executive Director.
11. Supervise HRA employees assigned to assist in the performance of the financial
operations.
12. Assist the Executive Director in the administration of the Human Resources functions of
the HRA, including employee benefits.
13. Perform other duties as assigned or apparent.
PHYSICAL DEMANDS/WORK ENVIRONMENT:
A. Position generally works inside with others in an office setting.
B. Activities that occur frequently 7-8 hours are talking, hearing, using near vision, color
vision, sitting, using fingers, wrists and hands for handling and fine manipulating.
C. Activities that occur occasionally up to one hour are standing and walking, lifting 20
pounds.
November 2015
The Red Wing Housing and Redevelopment Authority is an equal opportunity employer.
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