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Senior Financial Operations Specialist
2 months ago
Location: Montebello, CA
Job Type: Full Time
Department: Finance Department
THE POSITION
Under general supervision, manage daily accounting and financial operations within the Finance department. In a leadership capacity, execute a range of complex technical accounting tasks and statistical recordkeeping responsibilities associated with the preparation, processing, and maintenance of municipal financial data, reports, and funds; and to perform related duties as necessary.
DISTINGUISHING CHARACTERISTICS
Individuals in this role may be assigned to Payroll, Purchasing, Accounts Payable, Accounts Receivable, or other general accounting functions in the Finance Department, based on departmental needs.
Conduct routine accounting tasks; verify, categorize, post, and reconcile revenues and expenditures to appropriate accounts.
Compile, analyze, and prepare financial reports, schedules, and summaries for various municipal funds.
Perform preliminary reviews and approve weekly warrant packages, ensuring correct account numbers, proper documentation, valid payment authorization, accurate vendor names and addresses, completeness, and compliance with municipal policies.
Oversee the printing of Warrant Registers; prepare resolutions and staff reports for the City Council.
May assist in budget development and administration; audit contracts, purchase orders, vouchers, and compensation reporting; maintain accounting and budget documents for capital improvement projects.
Maintain computerized spreadsheets; keep records of city-owned or leased equipment; participate in year-end fixed asset capitalization processes; assist with annual ledger closings and reconciliations.
Execute assigned accounting activities using the requisite data processing systems and reporting; coordinate accounting and financial analysis with City Departments; prepare memos and letters for both internal and external correspondence.
Process and maintain payroll records; input and review the accuracy of time cards; prepare and calculate taxes, payroll deductions, retroactive pay, and taxable fringe benefits; coordinate and transmit direct deposits and deferred compensation deductions and deposits; print and distribute accounts payable and payroll checks; coordinate wage reporting or levies and garnishments with governmental agencies including the Internal Revenue Service (IRS), Employment Development Department (EDD), Franchise Tax Board (FTB), and Public Employees Retirement System (CalPERS); assist in the administration of the City's retirement plans; process year-end W-2s; 1095 and 1099 reporting; complete payroll, accounting, and any other adjustments as necessary.
Provide operational supervision to lower-level accounting staff in assigned areas; offer technical guidance and training. Coordinate workload and distribution of assignments and projects; assist in preparing performance evaluations of lower-level staff in assigned areas.
Monitor operations and identify potential improvements in service delivery methods; oversee the City's encumbrance system; research and reconcile purchase orders in the encumbrance system, making adjustments and closing purchase orders as needed; assist departments with inquiries regarding assigned areas.
Review accounts payable invoices for processing at year-end; assign to appropriate fiscal year; maintain documentation for audits; prepare year-end warrant schedules; maintain master signature authority listings; monitor weekly accounts payable postings to the General Ledger; process void warrants, and monitor pay requests; coordinate the Purchasing Card program; transmit weekly Positive Pay and Direct Deposit files to the City's bank.
Provide assistance and training to other city personnel regarding assigned accounting/bookkeeping tasks and Finance policies; assist the public as needed; support independent audits.
Compile data and prepare various reports and schedules; utilize a variety of computer databases. Employ computerized spreadsheet applications; prepare and provide financial charts, graphs, information, statistical reports, and statements as requested.
Maintain knowledge of City policies and procedures, basic governmental accounting principles, and the City's automated information systems.
Coordinate with other City departments on finance-related issues and perform other related duties as required.
Training and Experience:
Any combination of training and experience that would likely provide the required knowledge and abilities qualifies. A typical way to obtain the knowledge and abilities would be:
Education:
Graduation from high school or G.E.D., supplemented by courses in general and governmental accounting, bookkeeping, finance, taxes, and related areas is desirable.
Work Background:
Five years of progressively responsible work experience in the areas of finance, banking, accounting, and administration.
Knowledge of:
- Principles and practices of record-keeping, payroll processing, Accounts Payable, or routine accounting procedures and internal controls.
- Policies and procedures of an assigned specialized area of the City's financial and account record-keeping systems.
- Laws and regulations affecting the area of assignment.
- Financial analysis and research techniques.
- Preparation of financial statements, financial reports, and schedules.
- Solid understanding and knowledge of the use of financial and data-processing systems.
- Modern office methods, practices, and procedures.
Ability to:
- Understand, interpret, and apply the City's policies and procedures.
- Perform a wide variety of specialized financial and statistical record-keeping assignments.
- Lead, motivate, and train lower-level staff.
- Prepare and maintain complex records, information, and reports.
- Use data processing terminals, software, and equipment for inputting financial data and generating reports.
- Make arithmetical calculations quickly and accurately.
- Use standard office equipment such as computers, calculators, scanners, and copiers.
- Interpret the City Memoranda of Understanding (MOU) related to payroll.
- Interpret and apply the terms of vendor contracts.
- Provide information to others concerning payroll or financial records.
- Effectively represent the functions of the Department with concerned individuals and other governmental agencies.
- Communicate effectively orally and in writing.