Financial Specialist II

Salary : $67,425.90 - $112,377.41 Annually
Location : FAIRFAX (FH22), VA
Job Type: FT Salary W BN
Job Number: 24-02541
Department: Housing & Community Dev
Opening Date: 10/26/2024
Closing Date: 11/15/2024 11:59 PM Eastern
Pay Grade: S24
Posting Type: Open to General Public
Job Announcement
Make a difference - join our team to empower communities and build futures!
The Fairfax County Department of Housing and Community Development (HCD) works in partnership with the Redevelopment and Housing Authority to serve the people of Fairfax County by creating housing opportunities to promote inclusive and thriving communities. Help make our vision of a community everyone can afford to all home a reality!
Under the general supervision of Financial Specialist IV, performs a wide variety of professional full performance level budget and fiscal management responsibilities for HCD. Functional areas include, but not limited to project tracking, fund management, budgeting, financial reconciliations, financial reporting review and compilation, auditing, oversight and review of third-party property management company accounting records and financials, and fixed asset management. This role necessitates a thorough understanding of General Accepted Accounting Principles (GAAP), and the application of Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) accounting requirements, and the consolidation of such financial statements into GASB requirements. The position also requires an understanding of federal and state regulatory reporting requirements for agencies such as U.S. Department of Housing and Urban Development (HUD) and Virginia Housing Development Authority (VHDA). The role requires the individuals to prepare analysis and recommendations that convey financial and budgetary impacts to management and to the financial reports and accounting practices.
This role also requires knowledge and ability to prepare reports in the agency's enterprise system; ensure compliance with county and grantor policies; interact extensively with internal and external customers including the contracted vendors for third-party management, auditors and tax accountants, and the county departments of FBSG, and Management and Budget. Strong interpersonal skills and the ability to communicate complex data to a variety audiences are essential.
Read about Fairfax County Department of Housing and Community Development, click And review the Fairfax County Redevelopment and Housing Authority Fiscal Year 2023 annual report.
We are committed to the One Fairfax Policy by intentionally considering equity when making policies, delivering programs and services, considering diverse ideas and perspectives, and communicating with transparency in the decision-making processes. Click here to learn more about the policy.
Working for Fairfax County Government offers a culture of well-being that empowers, educates, and engages employees and promotes a holistic approach to physical, mental, emotional, social, spiritual, and financial wellness.
Watch these videos to learn more:
Click to watch a video on working for Fairfax County Government.
Click to watch a video on benefits offered by Fairfax County Government.
Employment Standards
MINIMUM QUALIFICATIONS:
Any combination of education, experience, and training equivalent to the following:
(Click on the aforementioned link to learn how Fairfax County interprets equivalencies for "Any combination, experience, and training equivalent to") Graduation from an accredited four-year college or university with either a bachelor's degree in accounting, business administration, public administration, public policy or related field; plus, two years of professional-level experience in finance, business administration, budgeting, or contract management, a master's degree in a related field or CPA may substitute for 1 year of experience.
NECESSARY SPECIAL REQUIREMENTS:
The appointee to the position will be required to complete a criminal background check to the satisfaction of the employer.
PREFERRED QUALIFICATIONS:

• Three to five years of progressive experience in the field of accounting or finance, preferred in a governmental or housing authority setting.
• Ability to prepare financial statements to include Statement of Net Assets, Balance Sheet, Income Statement,
• Statement of Cash Flow and related notes to the financial statements, in either GASB or FASB format.
• Ability to interpret and monitor federal and state funding requirements and compile related reporting.
• Proven ability to develop and present complex financial reports and analysis, including detailed projections and financial scenarios relative to program analysis, operating and capital budget forecasting and preparation, and annual budget monitoring.
• Highly proficient at financial systems, producing customized reports, and data manipulation to create management reports; experience working with SAP or a similar automated accounting/financial ERP system.
• Demonstrates initiative and knowledge to research, understand, and resolve complex financial issues.
• Ability to plan and implement activities in order to ensure effective and efficient utilization of resources.
• Ability to form collaborative partnerships across intra-departmental divisions and with external stakeholders to work towards a common goal and maintain effective working relationships.
• Strong written and oral communication skills, with an ability to prepare and present reports for leadership decision-making.
• Advanced knowledge of Excel, Word, and PowerPoint.
• Team leadership skills and experience in working with the public is preferred.

PHYSICAL REQUIREMENTS:
Ability to read information on a computer monitor; effectively communicate; operate keyboard-driven equipment and computer. Work is generally sedentary in nature; however, incumbent is required to frequently move about to perform office work such as accessing files, attending meetings, making presentations, operating general office equipment, and performing other essential job duties; may be required to move items up to approximately 15 pounds in weight. All duties performed with or without reasonable accommodations.
SELECTION PROCEDURE:
Panel interview and may include a practical exercise.
The population of Fairfax County is very diverse where 38.7% of residents speak a language other than English at home () and we encourage candidates bilingual in English and a foreign language to apply to this opportunity.
Fairfax County Government prohibits discrimination on the basis of race, color, religion, national origin, sex, pregnancy, childbirth or related medical conditions, age, marital status, disability, sexual orientation, gender identity, genetics, political affiliation, or military status in the recruitment, selection, and hiring of its workforce.Reasonable accommodations are available to persons with disabilities during application and/or interview processes per the Americans with Disabilities Act. Contact 703-324-4900 for assistance. TTY 703-222-7314. EEO/AA/TTY.
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Merit Positions
Fairfax County is proud to offer employees an attractive and comprehensive benefits program, including the following:

• Medical/Vision/Dental Insurance Coverage
• Group Term Life Insurance
• Long Term Disability
• LiveWell Program
• Flexible Spending Programs
• Paid Leave (annual, sick, parental, volunteer activity, and more!)
• Paid Holidays
• Contributory Retirement Plan
• Deferred Compensation
• Employee Assistance Program
• Employees' Child Care Center
• Commuter Benefit Program
• Continuous Learning Opportunities

NOTE: Fairfax County Government is a qualifying employer under the Public Service Loan Forgiveness program. For more information about the PSLF program:
For additional details please visit the
Non-Merit Positions

1. Non-Merit Benefit Eligible: scheduled to work a minimum 1,040 hours and no more than a maximum of 1,560 hours in a calendar year.
   • Medical/Vision/Dental Insurance Coverage
   • Flexible Spending Program
   • Deferred Compensation
2. Temporary: scheduled to work a maximum of 900 hours in a calendar year.
   • No benefits

01
What is the highest level of education that you have completed?

• Less than 12th grade
• High school diploma or GED
• Some college
• Associate's degree
• Bachelor's degree
• Master's degree
• Doctorate degree

02
Please indicate your area(s) of study or major(s)/minor(s) towards a degree. Check all that apply. supplemented by at least six credit hours of basic accounting principles and concepts

• Accounting
• Finance
• Business administration
• Related field with 6+ credit hours of basic accounting principles and concepts
• Other (related field)
• Other (non-related field)
• Not Applicable

03
If you answered "Other (related field)" or "Other (non-related field)" for the previous question, please list all of your majors and minors. If this question does not pertain to you, or you do not have a degree, enter "Not applicable".
04
If you answered "Some college" for the highest level of education completed, please indicate the number of quarter or semester hours you have completed towards a degree.

• Less than 45 quarter hours
• 45 to less than 90 quarter hours
• 90 to less than 135 quarter hours
• 135 to less than 180 quarter hours
• 180 or more quarter hours
• Less than 30 semester hours
• 30 to less than 60 semester hours
• 60 to less than 90 semester hours
• 90 to less than 120 semester hours
• 120 or more semester hours
• Not applicable

05
Do you currently possess a CPA (Certified Public Accountant) license?

• Yes
• No

06
How many years of full-time equivalent professional-level experience do you have in finance, business administration, budgeting, or contract management? (Please note that answers for all questions must be substantiated in the application.)

• None
• Less than one year
• One to less than two years
• Two to less than three years
• Three to less than four years
• Four to less than five years
• Five to less than six years
• Six or more years

07
How many years of full-time equivalent experience do you have preparing and reviewing financial statements?

• None
• Less than one year
• One to less than two years
• Two to less than three years
• Three to less than four years
• Four to less than five years
• Five to less than six years
• Six or more years

08
If you answered "one year or more years in the previous question, please indicate the relevant accounting standards?

• GASB
• FASB
• Both
• Not applicable

09
How many years of full-time equivalent professional-level experience do you have in auditing and accounting, and/or fund management?

• None
• Less than one year
• One to less than two years
• Two to less than three years
• Three to less than four years
• Four to less than five years
• Five to less than six years
• Six or more years

10
How many years of full-time equivalent professional-level experience do you have developing budgets, financial forecasts, and project management?

• None
• Less than one year
• One to less than two years
• Two to less than three years
• Three to less than four years
• Four to less than five years
• Five to less than six years
• Six or more years

11
How many years of full-time equivalent experience do you have working with SAP or a similar accounting/financial management ERP system?

• None
• Less than one year
• One to less than two years
• Two to less than three years
• Three to less than four years
• Four to less than five years
• Five to less than six years
• Six or more years

12
Please indicate which of the following work areas you have two years or more professional level experience. Check all that apply.

• Fund management
• Grants management
• Budget preparation and monitoring
• Financial analysis and projections
• Audit processes
• Complex financial data analysis
• Financial reporting
• None of the above

13
Please indicate your level of proficiency with Microsoft Excel.

• Beginner (Basic knowledge of creating a worksheet; performing calculations in a worksheet; modifying and formatting a worksheet; printing workbook contents)
• Intermediate (Knowledge of inserting and modifying graphic objects in a worksheet; customizing and enhancing workbooks; analyzing data using Pivot Tables, Slicers, and Pivot Charts)
• Advanced (Extensive knowledge of increasing productivity and improving efficiency by streamlining workflow; collaborating with others using workbooks; auditing worksheets; analyzing data; working with multiple workbooks; importing and exporting data, using Excel with the web)
• No experience

14
How many years of full-time experience do you have drafting correspondence for a supervisor's review and signature?

• None
• Less than one year
• One to less than two years
• Two to less than three years
• Three to less than four years
• Four to less than five years
• Five to less than six years
• Six or more years

15
Please indicate your level of experience with SharePoint.

• Basis (Used SharePoint but know nothing about administration)
• Intermediate (Can do a few simple things with wiki pages, lists or libraries)
• Advanced (Handle permissions, lists, libraries, web parts, and more)
• None of the above

16
What is your level of proficiency with PowerPoint?

• Beginner (Basic knowledge of creating, modifying and formatting slides, inserting and working with text, clipart, drawn objects and drawing tools; use and run slide show options; work with notes and print a presentation)
• Intermediate (Knowledge of creating or customizing templates; create a template; work with graphic, animation and multimedia, inserting sound and movies and import or export from other Office Suite applications)
• Advanced (Extensive knowledge of almost all functions of program including building interactive proesentations, creating interactive objects and explore online meetings and broadcast presentations)
• None of the above

17
Please indicate your level of proficiency with Microsoft Word.

• Beginner (Basic knowledge of creating, editing, formatting, and saving simple documents; inserting simple tables; and proofreading documents for accuracy)
• Intermediate (Knowledge of common commands such as creating a title; using, modifying, and creating styles; setting up the ruler; indenting paragraphs, using tabs and tables; inserting captions, footnotes, endnotes, special characters, or hard page breaks; using page numbering; creating headers and footers; inserting graphics; inserting an equation, adding comments and tracking changes.)
• Advanced (Extensive knowledge of almost all function of program including mail merge, macros, creating a table of contents, creating bookmarks and cross-referencing.)
• No experience

18
Please indicate your level of proficiency with using Microsoft Teams.

• Beginner
• Intermediate
• Advanced
• None experience

Required Question