Senior Accountant

2 weeks ago

Minneapolis, Minnesota, United States City of Minneapolis Full time
Position Overview

This role encompasses the comprehensive management of accounting operations, which includes the formulation and upkeep of Federal and City Accounts, budget preparation and evaluation, and the closing of fiscal month/year-end financial records alongside internal auditing duties.


Work Environment:
This position is exclusively on-site.

Salary Range:
Expected starting salary is $69,771.68 annually, contingent upon qualifications.

Key Responsibilities


1. Lead and execute a variety of accounting functions, collaborating closely with the accounting manager or supervisor to strategize, organize, assign, and oversee designated accounting tasks.

2. Serve as a financial consultant to management, staff, and clients, offering general guidance and information on financial matters.

3. Oversee, evaluate, and analyze all budgets submitted by assigned departments, assisting in the formulation of associated financial and business strategies.

4. Provide technical support and financial oversight to sub-recipient organizations to ensure compliance with grant stipulations.

5. Conduct audits and assessments of accounting records and statements, including budget versus actual comparisons, account balance reasonability, and financial projection preparation.

6. Generate financial statements, reports, and notes on a monthly, quarterly, and annual basis, including the preparation of the City's comprehensive annual financial report (CAFR).

7. Supply financial data to State Auditors upon request.

8. Manage the accounting and financial reporting of revenues, expenditures, and capital assets related to grant funds, including billing and reimbursement processes.

9. Recommend and assist in the creation of new accounting systems and procedures.

10. Review internal controls and accounting practices related to purchasing, inventory, billing, payroll, accounts receivable, etc.

11. Reconcile credit card bank accounts and review monthly banking activities.

12. Establish, update, and periodically report on cash forecasting.

13. Maintain logs of confidential funds, ensuring proper segregation and accountability.

14. Propose modifications to accounting practices to align with City ordinances and legal requirements.

15. Develop and sustain Federal and City accounts.

16. Act as a team leader, overseeing, assigning, and monitoring the work of Accountant I and Account Clerk staff, providing feedback and guidance.

17. Train staff on the accounting system and procedures, reviewing their work and offering additional support as necessary.

18. Provide technical assistance for non-grant funded activities, including report preparation and invoice processing.

19. Undertake special accounting projects and financial analyses as needed.

20. Analyze requests for bond issues and expenditure approvals.


Working Conditions
Standard office environment.

Required Qualifications
Education:
Bachelor's Degree in Accounting, Business Administration, Finance, or a closely related discipline.

Experience:
Minimum of two years of professional accounting experience, including the preparation of financial statements and reports, budget development and monitoring, and oversight of grant expenditures and reimbursements.
Equivalency:
An equivalent combination of education and closely related experience may be considered.

Licenses/Certifications:
No specific licenses or certifications required.

Selection Process
The selection process will involve a comprehensive evaluation of relevant education and experience. It is crucial that your application reflects all pertinent qualifications, as this information will be utilized to determine which candidates will advance in the selection process. A submitted application will also serve to verify responses to any supplemental questions.

Background Check
A thorough criminal background check is required for this position. Applicants must consent to the City obtaining their criminal history information.

Drug and Alcohol Testing
All applicants must successfully complete a pre-employment drug and alcohol test after receiving a conditional job offer.

Union Representation
This position is covered by a collective bargaining agreement with the Minneapolis Professional Employees Association (CPE).

Knowledge, Skills, and Abilities
1. Proficient understanding of public finance administration principles and modern accounting technologies.
2. Extensive knowledge of Governmental, Cost, and General accounting standards, including those established by GASB and applicable Federal and State regulations.
3. Familiarity with laws governing professional accounting activities.
4. Strong knowledge of the City's budget processes and finance policies.
5. Proficient in City software systems such as PeopleSoft Financials (COMPASS), HRIS, GOGNOS, and Data Warehouse.
6. Ability to work under pressure and meet deadlines.
7. Strong analytical skills to interpret abstract data.
8. Excellent oral and written communication skills.

Benefits Summary
Employees receive competitive salaries and a comprehensive benefits package that supports health and financial well-being. Programs and eligibility vary based on position and service length. For detailed benefits information, please refer to the benefits page.

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