Financial Assistant

## Summary

Performs a variety of accounting and financial management duties to support grant-funded programs and activities administered by the Community Development (CD) department of the City of Lubbock.

## Essential Functions

– Acquire and apply a working knowledge of HUD federal regulations and TDHCA state regulations pertaining to financial reporting of programs administered by CD;
– Follow City of Lubbock established policies and procedures for grant management, financial processes and records retention;
– Examine a variety of accounting transactions related to expenditures, funds and revenue received for completeness, accuracy, and compliance with federal and state regulations;
– Monitor contractual budgets, expenditures and balances. Ensure that transactions are properly supported, classified, and recorded according to acceptable accounting practices;
– Reconcile reports and prepare routine financial statements, schedules, and summaries;
– Prepare performance and expenditure reports;
– Create funding draws utilizing federal and state reporting systems;
– Maintain professional and technical knowledge by attending educational events, reviewing and implementing federal and state financial reporting requirements, as updated by HUD and TDHCA, respectively.
– Follow internal control procedures for all departmental processes and practices;
– Perform related duties as required.

## Qualifications

Completion of a bachelors degree in finance or accounting, or any related field, or any combination of relevant education and work experience which provides the following:

## Knowledge and Abilities

Knowledge of:

– Principles and practices of: (1) General and governmental accounting; (2) Financial management; and (3) Budget preparation and development;
– Federal and State grant management;
– Federal and State grant-funded programs and reporting softwarepreferredbut not required.

Ability to:

– Navigate a Windows operating system and utilize Microsoft Office Suite;
– Format reports and documents in accordance with City guidelines;
– Understand requirements for document retention and confidentiality practices;
– Coordinate with administrative staff on internal control procedures and program regulations;
– Communicate effectively with others;
– Provide excellent customer service.

Physical Requirements:

– Occasionally lift and carry up to 25 pounds;
– Occasionally push and pull objects;
– Occasionally flex upper trunk forward while sitting or standing;
– Occasionally rotate upper trunk to the right or left or forward while sitting or standing;
– Occasionally reach above, at and below shoulder heights.