Senior Principal Accountant

2 weeks ago


Laredo, Texas, United States Webb County, TX Full time
Salary: $57, $63,752.47 Annually

Location: Webb County, TX

Job Type: Full-Time

Department: Treasurer's Office

Description

This role is responsible for aggregating and evaluating all financial data for Webb County to formulate revenue and expenditure analyses and forecasts. The aim is to produce reports that highlight trends in cash flow requirements, providing senior leadership with insights for investment strategy development. This position also entails financial forecasting to facilitate routine recommendations for investment decisions and ensure the availability of funds to meet financial commitments. Additionally, this role supervises the Accounting & Finance Division within the Treasurer's Office, ensuring accuracy in all financial reporting aspects.
Key Responsibilities
  • Reconciles the general operating account.
  • Oversees the reconciliation process and ensures precision in all investment reporting.
  • Analyzes the investment portfolio, including trends, forecasts, and accurate record-keeping.
  • Compiles, reviews, and assesses daily financial data, allocates daily collections for county revenue, and guarantees fund availability to meet cash flow requirements.
  • Monitors county bank accounts for fraudulent activities; manages investments and disbursement of county funds as necessary.
  • Collects all necessary information for bank reconciliation.
  • Downloads and scrutinizes bank transactions daily to ensure accuracy.
  • Reviews journal entries as needed for bank reconciliations, transfers, hot checks, and received deposits.
  • Prepares cross-fund financial reports.
  • Generates month-end and quarterly financial statements.
  • Establishes collections for retirees and submits files to the bank.
  • Reviews the Treasurer's monthly report for accuracy.
  • Gathers requested data for Sales Tax, Mixed Beverage, and Bingo Tax.
  • Generates Monthly Reports as required.
  • Assists in the preparation of 1099 forms.
  • Provides information to independent auditors upon request.
  • Performs additional duties as assigned.
Qualifications
  • Master's Degree from an accredited institution in Accounting or a related field.
  • A minimum of five (5) years of professional experience in accounting, finance, or a related discipline.
  • Certified Public Accountant (CPA) certification is preferred.
Supplemental Information
  • Familiarity with professional accounting principles and practices.
  • Understanding of relevant local, state, and federal regulations.
  • Ability to prepare and interpret statistical, technical, and narrative reports.
  • Knowledge of fixed income investing.
  • Comprehension of generally accepted accounting principles (GAAP) and Governmental Accounting Standards Board (GASB) standards.
  • Awareness of investments, economic conditions, and other financial market factors.
  • Skill in problem analysis and solution development.
  • Proficiency in preparing clear and concise financial and statistical reports.
  • Experience in budget preparation and management.
  • Ability to communicate effectively in both English and Spanish.

There are a variety of benefits available to Webb County employees, including health, dental, vision, life insurance, optional life and disability insurance plans, and flexible spending accounts for healthcare.

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