Lead Accountant

1 month ago


Chicago, United States National Guard Employment Network Full time
Job Description

Under general supervision, performs professional accounting work of the most complex nature, typically requiring the application of advanced accounting knowledge, and/or functions as a working supervisor over a small accounting staff while maintaining own accounts, and performs related duties as required.

ESSENTIAL DUTIES:
  • Performs and supervises the work of professional accountants engaged in the management of financial accounts.
  • Develops and accesses new or existing computer applications or spreadsheets and records, verifies, and analyzes journal entries for assigned accounts and those managed by subordinates.
  • Develops work standards and conducts staff performance evaluations.
  • Conducts audits of financial documents (e.g., internal accounting records performed by private audit firms) and reviews those conducted by subordinates to ensure entries are accurate, appropriately allocated to accounts, and comply with contract and funding guidelines, and documents errors and reconciles accounts, as required.
  • Monitors the balances of assigned accounts and those of subordinates and adjusts spending levels and fund re-allocations to ensure the availability of funds to cover expenditures.
  • Prepares various reports (e.g., program and operating budgets with tiered funding structures, financial statements, balance sheets, financial reports) of a complex nature and reviews those prepared by subordinates.
  • Coordinates the analyses of historical records and anticipated economic trends and forecasts future expenses and revenues.
  • Coordinates the compilation of complex financial schedules and reports.
  • Interprets general accounting principles and financial procedures to management.
  • Trains staff on accounting procedures.
  • Functions as a liaison on accounting-related issues to the Office of Budget and Management, City Comptroller's Office, and government and delegate agencies.
  • Assists in designing and implementing computerized accounting systems and internal controls.
  • Processes and reviews invoice payments and purchase orders for various parties (e.g., refunds and payment voids, accounts payables issues, status of purchase orders and payment vouchers)
  • Calculates and prepares grant/project revenue collection reimbursement.
  • Reviews grant/project applications and awards.
  • Examines sub-grant agreements for any fiscal related requirements.
  • Reviews departmental requests for appropriating funds, authorizing grant/project obligations, monitoring and reporting grant/project expenditures, recording receivables and collections and closing out grant/project awards.
  • Coordinates and submits final close-out reports to various grantors.
Additional duties may be required for this position.

Certificates/Security Clearances/Other

THIS POSITION IS IN THE CAREER SERVICE

Location:
City Hall, 121 N. LaSalle, 9th Floor, Chicago, IL 60602

ALL REFERENCES TO POLITICAL SPONSORSHIP OR RECOMMENDATION MUST BE OMITTED FROM ALL APPLICATION MATERIALS SUBMITTED FOR CITY EMPLOYMENT.

The City of Chicago is an Equal Employment Opportunity and Military Friendly Employer.

Additional Qualifications/Responsibilities

Qualifications

MINIMUM QUALFICATIONS

Graduation from an accredited college or university with a Bachelor's degree in Accounting or a directly related field with 15 semester hours in Accounting; or an equivalent combination of education, training and experience, provided that the minimum degree requirement is met.

Preference will be given to candidates possessing the following:
  • Previous Supervisory experience
  • Previous work experience with federal, state and local grants.
  • Previous work experience with Tax Incremental Finance (TIF)

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