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Compliance Officer

Published on October 2, 2020
Organization: Georgia Department of Community Affairs/Georgia Housing and Finance Authority

 

Essential Duties and Responsibilities

  1. Review of Internal Revenue Service and Treasury Guidance related to the Federal Low-Income Housing Tax Credit Program including but not limited to the 8823 guide, Private letter rulings, Technical Advice Memos, IRS Notices, Regulations and attorney opinion letters and provide technical advice to staff and customers from this guidance.
  2. Oversight of required reporting and forms related to LIHTC and the HOME Partnership Program including but not limited to 8610 filings and issuance of 8823’s.
  3. Primary conduit with Internal Revenue Service, Treasury, and office legal counsel regarding legal and programmatic issues related to the monitoring of multifamily properties funded with Low Income Housing Tax Credits and/or HOME Partnership funds or other Affordable Housing financing resources.
  4. Preparation and implementation of quality control and performance audits of internal procedures and processes for department compliance with statutory and program requirements of Section 42.
  5. Conduit for all audits of DCA Compliance monitoring programs including GHFA audit, HUD audits, Inspector General Audits, Government Accounting Audits, and Treasury Audits.
  6. Oversight of operational processes for affordable multifamily housing including but not limited to rent increases, utility allowance changes, and casualty losses.
  7. Other special assignments as needed.

Knowledge, Skills, & Abilities

  • Knowledge of the principles, policies, procedures and regulations used in auditing and/or compliance work
  • Knowledge of regulations and requirements of the federal housing programs being monitored
  • Knowledge of the IRS 8823 Guide
  • Skilled in effectively communicating information in a clear, concise, and understandable manner, both verbally and in writing
  • Skilled in using computer databases to maintain records of compliance
  • Skilled is use of Microsoft Office Suite, especially Excel
  • Ability to consistently and objectively identify project deficiencies and non-compliance with program standards
  • Ability to maintain a good working relationship with program participants and staff
  • Ability to manage multiple tasks

Agency Specific Minimum Qualifications

Bachelor’s degree in a related field from an accredited college or university AND two years of experience managing professional level staff

OR

Six years of related professional experience AND two years of experience managing professional level staff

Note: Related professional experience may substitute for the minimum educational requirement on a year for‐year basis.

Position Requirements
Job candidate for this position will be subject to a criminal background check, educational degree check, and reference checks prior to the extension of a job offer.

Qualifications
Bachelor’s degree in a related field from an accredited college or university OR Associate’s degree in a related field from an accredited college or university AND one year of related experience OR High School diploma or GED AND two years of related experience. Note: Some positions may require a valid driver’s license.

Job contact information/application instructions: https://ga.taleo.net/careersection/ga_external/jobdetail.ftl?job=REG024G&tz=GMT-04%3A00&tzname=America%2FNew_York

The post will close on Friday, October 9, 2020.