Finance Department
Financial Reporting and Operations
Arif Rasheed, Deputy Director
832.393.9013
Arif has over 35 years of accounting, external/internal audit, and grants management experience, 18 of which are in governmental accounting. Prior to joining the city, Arif was Assistant Director of Accounting and Financial Reporting in Wayne County, Michigan. He was also an adjunct professor at Davenport University, Michigan, where he taught various accounting and audit courses for undergraduate students.
The division's primary responsibility is city-wide monitoring and oversight of accounting, fixed assets, grant regulations and compliance, internal controls, and Enterprise Risk Management (ERM) processes. The division is also responsible for ensuring process documentation exists and assessing the need for and updating policies and procedures. The division is responsible for coordinating annual external audits, including the Single Audit Report (SAR), preparing an indirect cost allocation plan, and performing cost of service fees study.
Division Goals
- Work in partnership with the Controller's Office to coordinate the City's Annual Financial Audits.
- Develop annual indirect cost allocation plans for recovering all allowable federal grant administrative costs for the General Fund.
- Establish Accounting Procedures and Standards for Trust and Local Government Corporations (LGCs) to ensure compliance with A.P. 2-10.
- Determine full fee cost of services citywide in an effort to maximize cost recovery.
Kiran Chandu, Assistant Director
832.393.9067
Kiran has over 20 years of experience in accounting, budgeting, cost/fee analysis, and cost allocation. She has oversight over the accounts payable, accounts receivable, cost allocation plans, and city-wide fee schedule.
| Accounts Payable |
| Accounts Receivable |
| Property Assessments and Liens |
| Cost Allocation |
Fazal Syed, Assistant Director
832.393.9037
Fazal has over 18 years of experience with accounting, auditing, grants management, and large-scale disaster recovery projects. He has taught college courses in accounting and holds several professional certifications. He holds a Master of Accountancy and a Bachelor's degree in Accounting, Political Science, and Management Information Systems.
| Disaster Cost Recovery |
| Grants Management | General Accounting |
| Fixed Assets |
| Internal Controls |
| Trust and Funds Management |