Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.
Oversees the preparation of periodic internal and external financial statements, supporting schedules, related notes, and periodic reports to regulators to ensure accuracy and compliance with generally accepted accounting principles and regulatory requirements.
Oversees the City-wide coordination of year-end close, audit plans, schedules, and workpapers in preparation of the annual external audit, including preparation of the City’s Comprehensive Annual Financial Report (CAFR), Schedule of Expenditures of Federal Awards (SEFA), Schedule of Expenditures of State Awards (SESA), and other regulatory required reports.
Provides oversight and assistance to internal and external department financial staff through review and evaluation of financial and accounting transactions, documents, statements, financial summaries, studies, and periodic reports.
Provides expert assistance to departments and other customers in designing automated or manual systems, implementing internal controls and accounting/reporting procedures, designing/preparing special reports, and interpreting financial data.
Ensures that financial transactions are processed in accordance with Generally Accepted Accounting Principles (GAAP), City policy, applicable laws and regulations, and sound business practices.
Explains City policy and procedures to auditors and regulators and resolve audit differences.
Formulates Citywide and departmental polices and operating procedures; provides leadership and training to departmental financial staff and management.
Manages the issuance of debt and ensure transactions are recorded in accordance with GAAP; including long term, short term, and refundings. Oversee/ provide assistance in the development of the Official Statement, rating agency materials, and debt schedules. Calculate/ monitor debt related ratios.
Plans methodology, scope of various projects and program activities.
Conducts statistical analysis and writes technical reports summarizing project findings.
Evaluates program effectiveness and efficiency to meet the organization’s business goals.
Researches special topics, including new accounting standards, and prepares white papers, reports, and/or presentations of implementation recommendation and guidance to management and staff.
Develops work plans to achieve section goals, including management of the monthly and annual close cycles, general ledger and bank account reconciliations, and financial statement preparation.
Projects cost/revenue forecasts to determine utility rate requirements.
Conducts routine fiscal reviews; develops and reviews financial indicators and fiscal impact statements.
Analyzes market and economic conditions.
Manage derivative accounting section and oversee regulatory accounting processes.
Responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal
Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.
Knowledge of the preparation process of financial statements in conformity with generally accepted accounting principles.
Knowledge of accounting practices and financial reporting concepts.
Knowledge of preferred business practices.
Knowledge of manual and automated financial systems.
Knowledge of the concepts for review and evaluation of internal control systems and auditing procedures.
Knowledge of supervisory and management theory and techniques.
Skill in analyzing, preparing, reviewing, and balancing routing fiscal transactions and general ledger accounts.
Skill in managing large volumes of numerical data. * Skill in analyzing/ interpreting complex financial data and proposing viable solutions.
Skill in effective oral and written communication. * Skill in resolving problems or situations requiring the exercise of good judgment.
Skill in the application of cost benefit analysis, present value theory, and computer fundamentals.
Skill in determining needs, gathering, analyzing, and presenting data to provide accurate information for management use.
Skill in anticipating and accurately predicting the results of alternate courses of action.
Skill in compiling division reports.
Skill in preparing accurate and complex financial statements.
Graduation with a Bachelor’s degree from an accredited college or university with major course work in a field related to accounting, which included twenty-four (24) semester hours in Accounting, plus six (6) years of accounting experience one (1) year of which included a lead capacity and (1) year of which included a managing capacity.
A Master’s degree in Accounting or Business Administration, or a five (5) year Accounting degree, may substitute for one (1) year of accounting experience requirement.
Licenses or Certifications:
Certified Public Accountant.
•Licensed CPA in the State of Texas •Experience managing a professional accounting team •Experience managing GAAP-based financial reporting •Experience managing the accounting close cycle and balance sheet reconciliations •Experience managing an external audit •Experience researching accounting topics, implementing accounting standards, and presenting recommendations/guidance to senior management and staff