CITY OF WILMINGTON Accountant - Loans Salary in the United States

 
This position is to support accounting operations and activities.  This is accomplished by preparing statutory reports and other filings, assisting with and completing audit schedules, completing special projects, maintaining the general ledger,.  Other duties include assisting with annual departmental materials and supplies inventory observation. Duties include maintaining loan subsidiary by adding accounts, preparing posting documents, and reconciling the loan subsidiary to the general ledger. Makes on site visits of outside agencies receiving federal funds from the city to test for adequacy of financial systems and to monitor financial compliance within those systems.Reconciles operating accounts; compiles and analyzes financial information for discrepancies to prepare journal entries.    

Maintain the loan subsidiary by adding accounts, preparing posting documents, and reconciling to the general ledger and to grantor systems.   Investigate and resolve discrepancies, prepare journal entries, monthly updating of the loan module, enter information into Grantor systems, and prepare requests for drawdown of Federal funds.

Reconciles cash within the loan funds to account for program income, customer escrow deposits, disbursement of funds, and other sources of cash transactions. Prepares quarterly Federal Cash Transaction Reports and submits to HUD.   Prepares monthly delinquent report and distributes to staff and makes a quarterly presentation to the Loan Review Board.  

 Assist with the annual audit and CAFR preparation.  Assist with the preparation of the Consolidated Annual Performance & Evaluation Report (CAPER) submitted to HUD at year end.  Prepare the loan fund audit work papers and schedules; assist with the preparation of work papers and schedules for the Community Development Block Grant (CDBG) and HOME funds. Compile expenditure and demographic data for the CAPER.  Compile    information to update related statistical portion of the CAFR.  

Conduct annual financial and regulatory monitoring of sub recipients of Federal grant funds by making on site visits or off site monitoring to non-profits.  Examine the accounting systems and financial policies to ensure there is adherence to uniform standards 2 CFR 200 requirements.   Collection of sample data from the sub recipient for examination.  Issue monitoring letter to the sub recipients detailing any findings and/or recommendations.   Provide follow up communication with sub recipients to offer technical assistance and recommendations to address identified deficiencies on compliance with 2 CFR 200.

Ensures timely receipts from sub recipients for reimbursement.  Reviews payment documents to ensure completeness and compliance with the award/project scope of work, budget and cost allowance considerations, federal regulations, and administrative rules.  Issues payments to sub recipients.

Ability to interpret fiscal policies and government regulations for purposes of compliance and financial control.   Monitors inter-governmental actions affecting community programs.  

• Governmental accounting experience
• Intermediate proficiency with Microsoft Excel
• Strong oral and written communication skills
• Detail oriented and demonstrated ability to identify, analyze and resolve discrepancies among different data sets.