Project Finance Analyst - Seattle Housing Authority : Job Details

Salary: $42.11 - $63.16 HourlyLocation : Queen Anne Central Office, WAJob Type: Regular Full-Time PositionRemote Employment: Flexible/HybridJob Number: 105464Department: Asset ManagementOpening Date: 01/16/2025Closing Date: Continuous Job SummaryWe offer a competitive salary, great benefits, and work that matters to our community.The Organization: The Seattle Housing Authority (SHA) is a growing, innovative, and mission-driven agency; our headquarters is nestled in vibrant Lower Queen Anne, with numerous field offices operating across the city of Seattle. We are committed to housing equity throughout the city, fostering an inclusive workplace for our 800+ employees. Our focus is expanding housing opportunities, building strong communities, and promoting race and social justice equity.SHA's talented workforce has made us a nationally recognized leader in housing and development. We embrace diversity and create an environment where employees can thrive. Benefits include competitive pay, flexible work arrangements, learning opportunities, and affinity groups.At SHA, we value your unique perspective and background. We encourage you to apply, even if you don't meet every qualification. Our hiring practices prioritize diversity and equity. Learnmore inour and The Position: We are seeking to fill a Project Finance Analyst position. The Project Finance Analyst will perform varied and complex financial management, budget, and accounting analyses in support of our construction rehabilitation and development projects.?Additionally, this role will assist with preparing spending forecasts of bond revenue and a project's overall costs; approve development project expenditure requests to assure compliance with budget authorization and restrictions; and execute project funding draws per project budget plans. The Project Finance Analyst actively provides leadership or participates on cross-functional teams as an authoritative representative of the Senior Project Finance Analyst and the Director of Asset Management. How to Apply: Complete the online NEOGOV application by clicking the Apply button in the upper right-hand corner of this posting.

The work experience and education sections should be updated with your latest information. SHA does not accept external attachments for resumes and cover letters.

Answer the Agency-Wide questions. Please note that if this is not your first SHA application, you should still review and update the agency-wide questions.

Answer the supplemental questions, if applicable.

The ideal candidate has:

• Three years' work experience in public, private or non-profit housing development, financing, budgets, or directly related experience.?Relevant experience includes administering and managing major real estate projects involving multiple fund sources.
• Experience with low-income housing operations, financing, development, and/or regulation desirable. Experience applying GAAP accounting principles and familiarity with basic financial statements (Balance Sheet and Income Statement) desirable. Experience with enterprise accounting systems, particularly JD Edwards, desirable.
• A Bachelor's degree in Public Administration, Economics, Statistics, Business Administration, or a closely related field from an accredited college or university required.
  • four years relevant experience may be substituted in lieu of degree.

While these requirements are the traditional standards for developing the skills required for this classification, the hiring team may consider any combination of experience, training and education that demonstrate the ability to successfully perform the essential functions of the classificationWhat will you do?

• Conduct analysis of development project financial reports and accounting records to determine if allocated funds have been spent as required by the approved budgets and any fund restrictions. Work with project and program managers to resolve budget variances.
• Assist the Senior Project Finance Analyst with conducting research and analysis to forecast project costs and final fund interest earnings.
• Track and analyze costs in preparation for project milestones where stakeholder requirements must be met according to partnership agreements., Plan for and execute payment of short-term construction sources and conversion to permanent financing. Create financial reports.
• Orchestrate project payments in compliance with contract terms, coding and routing invoices as needed. Serve as technical expert on Accounts Payable software.
• Assist program managers in the closing of funds for projects including preparing all required budget estimates and financial forms.
• Work with Finance and Administration staff to reconcile lender-approved budgets to the use of funds by various projects. Ensure budget funds are spent according to regulations.
• Serve as technical expert to ensure the accuracy and reconciliation of budget and financial data. Serve as a technical expert in Enterprise One accounting and budgeting software.
• Lead a staff team in working with other housing and community development agencies, housing authorities, and private sector investors on city, state, and federal housing and community development issues, policy formulation, and other funding strategies.
• Oversee budgets for each project and related programs for use by program and asset managers and directors. Review reports and accounting records to determine if allocated funds have been spent as required by the approved budgets, and any fund source restrictions.
• Oversee the agency's Asset Management databases. This includes both the creation of new modules within existing databases and maintenance of these existing databases. Work with other agency departments to maintain the databases in ways that support the collection, extraction, and analysis of asset management data for use across the entire agency.
• Participate in developing and implementing goals, work plans, and performance measures. Improve service delivery to assist in attaining team/ program/ department initiatives and goals, agency core strategies, and SHA's mission through a spirit of service, teamwork and respect. Work respectfully and courteously with other employees, follow directions, and adheres to deadlines.
• Maintain current knowledge of issues, legislation, and regulations related to budgeting, accounting and low-income housing financing.
• Perform other duties as assigned.

The Location: 101 Elliott Ave W, Seattle, WA 98119Why Should You Apply?

• A Mission that matters
• Competitive salary
• Great benefits
  • We offer medical, dental, vision insurance, and Public Employees' Retirement (PERS).
  • We also offer generous paid leave and holidays.
• Reasonable hours
  • Part-time telework opportunities in some jobs
• Opportunities for on-the-job training

BenefitsSeattle Housing Authority (SHA) is pleased to offer an excellent benefits package for Regular and Project full-time and part-time employees scheduled to work at least 80 hours per month. (Temporary and On-Call positions are not eligible for the full benefits package). The following is a brief summary of the SHA benefit programs: EligibilityAs a new hire, your coverage begins on the first calendar day of the month if your hired date is on the first of that month. Otherwise, your coverage begins on the first of the following month.MedicalEmployees may select from four medical plans - Kaiser Permanente Standard Plan, Kaiser Permanente Deductible Plan, City of Seattle Preventive Plan, and City of Seattle Traditional Plan.The monthly cost for each of the plans are as follows:is $48.40 with or without children or $99.90 with spouse/domestic partner with or without childrenis $25.00 with or without children or $56.92 with spouse/domestic partner with or without childrenis $48.12 with or without children or $98.50 with spouse/domestic partner with or without childrenis $0 with or without children or $32.34 with spouse/domestic partner with or without childrenDentalEmployees may select from two dental plans - , an incentive plan, or , a managed care plan. Our dental plans include coverage for eligible dependents and are paid for by SHA. VisionSHA offers two vision plans through The Basic plan is fully paid for by SHA. The Vision Buy-Up plan is paid for by the employee. The Buy-Up plan provides more frequent coverage of lenses, frames, and contact lenses and includes coverage of progressive lenses. Long Term Disability InsuranceIf you are disabled, the Basic Plan will be combined with other sources of income to pay you up to $400 a month after a 90-day waiting period. Employees may purchase long-term disability coverage that provides up to 60% of gross monthly salary during disability. Long Term Care InsuranceLong term care benefits provide for services such as home care, assisted living, and nursing home care. Varying levels of coverage and service options are available at low group rates through Group Term Life (GTL) InsuranceYou can select from one of two plans - Basic GTL, which is one-and-a-half times your annual earnings or Limited Basic GTL of $50,000.00. SHA will contribute 40% of the cost for the GTL insurance. If you have elected Basic GTL, you may purchase supplemental term life insurance for yourself, your spouse/domestic partner, and your dependent children. The maximum amount of supplemental life insurance available is four times your annual income for the employee, 50% of the amount of coverage you elect for the spouse, and $2,000, $5,000 or $10,000 for children.Accidental Death & Dismemberment (AD&D) InsuranceSHA offers an employee-paid group AD&D insurance plan. An employee may cover themself or a family member for amounts from $25,000 to $500,000 in $25,000 increments. AD&D insurance pays a death benefit if the insured person dies due to an accident or a percentage of the full insurance amount if the covered person loses a limb. Retirement Plan(PERS) membership is defined by Washington State statutes and is mandatory if you are hired into an eligible position. However, if you are retired from or have been a member of the City of Seattle, Spokane or Tacoma Employee's Retirement System, your PERS enrollment must be verified and approved by the Washington State Department of Retirement System.Flexible Spending Account (FSA)Employees have the option of making pre-tax contributions to pay for IRS eligible expenses. There are two accounts: a Health Care Flexible Spending Account and a Dependent Care Flexible Spending Account. Employees can sign up for one or both accounts.Leave BenefitsAnnual Leave is provided for vacation and personal time off. First year employees earn up to 3.84 hours per bi-weekly pay period (100 hours annually), increasing incrementally due to service years - up to 7.69 per hours per pay period at 25 years of service (200 hours annually). Leave hours for part time staff are pro-rated. There is a 240-hour annual carryover limit for annual leave.Sick leave is provided for health care and related appointments. Employees earn 3.69 hours per pay period. Hours for part time staff are pro-rated. There is no maximum or carryover limit for sick leave.Seattle Housing Authority has ten legal and personal holidays, as detailed below.New Year's DayDr. Martin Luther King Jr. DayPresidents DayMemorial DayJuneteenthIndependence DayLabor DayThanksgiving DayThe day following ThanksgivingChristmas DayUp to three personal holidays are granted to regular employees each calendar year. They are available to be scheduled in advance by the employee with supervisor approval.Unless specified otherwise in a collective bargaining agreement, regular employees hired between January 1 and May 31 are granted three personal holidays. If hired from June 1 until November 10, two personal holidays are granted. If hired beginning November 11 or later, no personal holidays are granted until January 1.Pay for Performance Program & Merit AwardsRegular Administrative non-represented staff are eligible for Merit Pay and Merit Leave awards based on their annual performance evaluation, as well as on the agency's fiscal year performance from January through December of each year. An employee's merit awards are based on the employee's performance rating, the position of the employee's salary within the salary range, and the fiscal performance of the agency. For new and promoted employees, the merit awards will be pro-rated based on length of time in the current position during the calendar year.Public Service Loan Forgiveness (PSLF)As an SHA employee, you may be eligible for federal Public Service Loan Forgiveness. This federal program was created to assist full-time public service professionals in reducing their federal student loan debt burden. Employee Transportation ProgramA discount commuter is offered for use on Metro, Community Transit, Pierce Transit, Kitsap Transit, Everett Transit, Sound Transit, Link Light Rail, Sounder Commuter Train routes. It can also be used on the Seattle Center Monorail. ORCA Passport also provides reduced or fully covered fares on most vanpool routes. Additionally, an , bike racks at various sites, and shower facilities at several offices are also provided, along with discount membership (if accepted). Finally, group discount parking is available for registered vanpools in certain areas. Flex-TimeWith supervisor approval, work hours may be scheduled around core hours of 8:00 am to 5:00 pm or a compressed 4/10 workweek. This option is not available for every position.TeleworkWith supervisor approval, employees can perform assigned duties from home at certain times. This option is not available for every position.Employee Assistance ProgramConfidential counseling, referral, and information services are available through Washington Deferred Compensation ProgramTax deferred savings plans are available through the Washington State Department of Retirement Systems' 01 Do you meet the minimum requirements for this position?

• Yes
• No

02 Please note that SHA does not accept external attachments for resumes and cover letters. Did you update the work experience and education history section with your latest information?

• Yes
• No

03 In lieu of you cover letter, could you tell us why you think you are the best person for this position 04 Please briefly describe your professional experience conducting research and analysis to support effective decision-making and problem solving related to real estate and/or housing. 05 What motivated you to apply for this position and what skills and experience uniquely qualify you for the role? 06 Share briefly about your experience working with a person who has a different background or culture than your own. How did you ensure that you were inclusive and affirming of their identity? If you had the opportunity, what might you do differently? Required Question