Accountant III (Appointed)

City of Memphis, TN; Memphis (TN); On-site; USD 60,000 - 92,000; Full time

Job summary

City of Memphis, TN seeks an Accountant III to manage accounting and financial reporting for assigned funds under the supervision of the Accounting Manager. Responsibilities include reconciliations, general ledger maintenance, and preparing schedules for the ACFR and SAR.

The role requires GAAP expertise, seven years of experience, and CMFO certification within 24 months of hire; CPA or MBA is preferred. Proficiency in Microsoft Office and Oracle Financials is desirable; governmental or

Qualifications

• Bachelor's degree in Accounting or Finance required.
• Seven years' accounting or finance experience.
• CMFO certification within 24 months of hire.
• GAAP knowledge and accounting standards expertise.
• Experience with Microsoft Office applications.
• CPA or MBA preferred.
• Governmental or non-profit accounting experience preferred.
• Oracle Financials experience is a plus.

Responsibilities

• Responsible for accounting and financial reporting for assigned funds.
• Perform reconciliations and maintain general ledger.
• Prepare ACFR and SAR schedules as assigned.
• Prepare audit work papers and assist external auditors.
• Post transactions, prepare financial statements and reports.
• Identify opportunities to improve accounting procedures.
• Interpret city policy for external customers and auditors.

Skills

GAAP expertise

Microsoft Office

Education

Bachelor's degree in Accounting/Finance

CMFO certification within 24 months

CPA or MBA preferred

Tools

Oracle Financials

Microsoft Office

Job description

Job Description

Salary Range: $60,029.58 - $92,456.00

Works under the direction of the Accounting Manager and is responsible for all accounting and financial reporting (internal and external) related to assigned funds. Performs reconciliation functions necessary for the maintenance of accounting system as needed. Compiles, analyzes, and prepares financial information for proper general ledger accounts and sub-systems entries. Aids in the preparation of schedules for the Annual Comprehensive Financial Report (ACFR) and Single Audit Report (SAR) when assigned. Prepares audit work papers for annual or special audit for assigned area(s). Assists external auditors with the annual audit as required. Makes adjusting and closing entries and audits journal entries prepared by other departments for accuracy and sufficiency of funds. Updates and verifies posting transactions to the general ledger and other systems. Prepares financial statements and supporting documentation. Seeks to improve accounting systems by making procedures modification recommendations. Stays abreast of and maintains a professional knowledge of generally accepted accounting principles. Enters transactions to the accounting system and provides financial information and reports using automated accounting system. Prepares balance sheets, income statements, cashflows and other special financial reports. Assists external auditors with annual audit and prepares financial reports for internal and external use (including the ACFR and SAR). Reconciles general ledger account balances and records month-end and year-end transactions. Manages special projects as assigned and completes projects of various levels of complexity. Research current and new accounting standards and may summarize the results for presentation to management. Maintains financial security by following established internal accounting controls. Interprets city policy/procedures for external customers and auditors.

Responsibilities

OTHER FUNCTIONS:

Performs additional functions (essential or otherwise) which may be assigned.

TYPICAL PHYSICAL DEMANDS:

Primarily deskwork. Requires the ability to communicate clearly, both verbally and in writing with management, staff and external auditors. Requires the ability to use general office equipment, such as personal computers, calculators and telephones.

TYPICAL WORKING CONDITIONS:

Work is performed in an office environment which involves staff interaction.

Qualifications

• Bachelor's degree in Accounting, Finance or closely related field and seven (7) years' experience in Accounting or Finance; or any combination of experience and training which enables one to perform the essential job functions.
• Must obtain CMFO certification within 24 months of date of hire and maintain as a condition of continued employment in the Accountant III tier.
• Working experience demonstrating advanced application of generally accepted accounting principles (GAAP) required.
• Working experience using Microsoft Office applications is highly desirable.
• CPA or MBA preferred.
• Governmental or non-profit accounting experience preferred.
• Oracle Financials experience a plus.