Housing Director oversees all aspects of on-campus housing for students. Assigns residence hall managers to each dormitory. Being a Housing Director reviews and updates all housing policies to ensure the safety of residents. May also be in charge of an off-campus housing program. Additionally, Housing Director typically requires a bachelor's degree. Typically reports to a senior institutional officer. The Housing Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. To be a Housing Director typically requires 3+ years of managerial experience. (Copyright 2024 Salary.com)
TYPICAL DUTIES AND RESPONSIBILITIES
Coordinate with the Senior Cash Manager, the daily planning, concentration, transfer and management of facility and corporate cash. Review and approve Wire/ACH transfers and insure corporate cash resources are adequately protected. Ensure that all terms and conditions are met to conform to HUD regulations, debt covenants, etc. Initiate or approve Oracle ACH’s as needed and forward them to the bank to be processed.
Backup to assist the Treasury Analyst II or Corporate Financial Analyst to make sure bank activities are recorded and cleared off Oracle ledgers in a timely manner. This includes overseeing payroll’s bank activities, processing and coding deposits in Oracle and many other miscellaneous transactions that occur in RHF, FPM, RHF HUD, RHF Market Rate, RHF Security Deposit, RHF Payroll account, and RHF Charitable Foundation accounts. Oracle processes continue to improve, but these activities require time and attention almost daily to keep Oracle updated.
Assist the Development and Operations Departments regarding interim and permanent financing required for new projects and for the refinancing of existing facilities. Maintain regular contact with representatives of bank real estate departments, mortgage loan brokers and other financial institutions who may provide project financing. Review and mark up financing documents. Gain familiarity with HUD financing programs and Low Income Housing Tax programs (LIHTC’s).
Manage banking costs by reviewing account analysis statements. Maintain relationships with RHF’s commercial bankers, trust companies, etc. Keep up with best business practices, review and recommend implementation of banking systems and processes to gain efficiencies and reduce manual processes. Work with bank contacts to solve problems that arise in daily operations. Administrator role for various financial institution websites along with the Senior Cash Manager and CIO.
Work with the CIO, CFO and Controller to learn about RHF’s various reserves and investments along with GAAP recordkeeping requirements. Oversee a training program for the Senior Cash Manager and Treasury Analyst II. Insure that the positions are sufficiently documented and supported by cross-training or back-up staff.
Coordinate with the Budget Department regarding annual Corporate and RHF, RHFFI and Charitable Foundation budgets. Insure cash forecasts are completed and that sufficient cash resources are available to support RHF and others’ operational and development requirements.
Insure timely and accurate submission of financial and other required performance data to appropriate parties under provisions of financial covenants contained within bond indentures, loan agreements and other related documents. This includes ongoing Know-Your-Client (KYC) and other requests from banks.
Ongoing research to be aware of changing market conditions so that banking and investment strategies can capitalize on opportunities all while maintaining safety as outlined in the Investment and Liquidity policies. Monitor the yield, and other economic news.
Attend and make presentations during Board meetings as needed, as well as the Finance Committee and/or Investment Committee as they occur.
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