Accounting Manager, Capital Fixed Asset & Revenue

Chicago Public Schools; Chicago (IL); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Medical Plan Options

Pension Plans

Competitive Paid Time Off

Job summary

A public educational institution in Chicago is seeking an experienced Accounting Manager to oversee the Capital Fixed Asset and Revenue Team. The role requires a minimum of five years of accounting experience and includes supervising financial reporting, ensuring compliance with regulations, and enhancing internal controls. Ideal candidates should have a Bachelor’s degree in Accounting or Finance, with a Master's degree or CPA preferred. This role prioritizes strong leadership and analytical skills and offers a comprehensive benefits package including medical, life insurance, and retirement plans.

Qualifications

• Minimum of five years of accounting experience required.
• Two years of supervisory experience required.
• Experience with Governmental Accounting preferred.

Responsibilities

• Manage and supervise the Capital Fixed Asset and Revenue Team.
• Review and approve all journal entries prepared by staff.
• Ensure accurate financial reporting and compliance with standards.

Skills

Financial reporting

Supervisory skills

Oracle Financials

Microsoft Office Advanced Skills

Problem-solving

Communication

Education

Bachelor’s Degree in Accounting or Finance

Master’s Degree in Accounting or Finance or CPA

Tools

Oracle Financials

SQL programming

Excel

Job description

Job Summary

Reporting to the Assistant Deputy Controller, the Accounting Manager (Capital Fixed Asset & Revenue) assigns, supervises, and reviews the work of professional accountants engaged in the management of financial accounts. This position will design and implement computerized accounting systems and internal controls to ensure operational efficiency within the Office of Controller. This position will use current industry technology to ensure the integrity of all data processes throughout the financial systems for the recording of property tax distributions, capital and fixed assets, payables and payroll accounts, cash and other bank accounts, as well as other revenue and expense transactions; as well as monitor payroll.

Responsibilities

• Manage and supervise the Capital Fixed Asset and Revenue Team.
• Ensure the staff follows established policies and procedures in the performance of their duties, application of accounting principles, and various system validations on a daily, weekly, monthly, quarterly, and annual basis.
• Review and approve all journal entries prepared by staff.
• Provide leadership, develop goals, objectives and performance standards for the Capital Fixed Asset and Revenue team and conduct performance evaluations.
• Organize, develop, and schedule ongoing training and development for staff.
• Prepare complex financial calculations and audit-related work papers and schedules.
• Ensure the various Prepared by Client (PBC) work papers prepared by staff, as well as the fiscal data compiled for inclusion in the Annual Comprehensive Annual Financial Report (ACFR) are completed accurately and within the established deadlines.
• Oversee the preparation of monthly, quarterly, and annual financial statements e.g., Annual Comprehensive Annual Financial Report (ACFR), Annual Financial Report (AFR), and the Popular Annual Financial Report (PAFR); as well as, present the District’s position to auditors, external parties in regards to accounting issues and financial statement presentation.
• Enhance and strengthen internal controls and increase process efficiency and effectiveness.
• Oversee the financial reporting system implementation, migration, testing, conversion, automation, and upgrades of the various financial modules; review and analyze the effectiveness of system controls at each process stage for the end user.
• Manage special ad hoc projects and technology endeavors to improve the efficiency and effectiveness of operations as assigned.
• Review Governmental Accounting Standards Board (GASB) Statements, Government Finance Officers Association (GFOA) Best Practices and Advisories, U.S. Office of Management and Budget (OMB) Guidance, and other Federal, State and Local regulatory directives.
• Review interpretations, concept statements and technical bulletins to ensure the timely and proper application of the standards, as well as implement the early adoption of new standards when necessary and beneficial to the Board.
• Maintain and update the Accounting Manual, as necessary, with approved changes in policies, procedures, and business processes related to the assigned area of responsibility for property tax, payroll, pensions, benefits, as well as, capital and fixed assets.
• Understand and communicate the School Districts’ complex property tax, payroll, pension, capital and fixed assets business requirements, cycles, processes, activities, and controls.
• Function as a liaison on accounting-related issues with various departments such as Grants Management, Payroll, Budget, Facilities, and Treasury.

Qualifications

Education

• Bachelor’s Degree from an accredited college or university in Accounting or Finance is required.
• Master’s Degree from an accredited college or university in Accounting or Finance and/or Certified Public Accountant (CPA) is highly preferred.

Experience

• Minimum of five (5) years of Accounting experience in accounting/financial reporting and auditing, including a minimum of two (2) years of Supervisory experience is required.
• Previous experience in Governmental Accounting and experience working with a Tier 1 ERP system and involvement in conversions/upgrades is preferred.

Knowledge, Skills, and Abilities

• Ability to read, analyze, and interpret general business periodicals, websites, professional journals, technical procedures, or governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
• Knowledge of financial practices at a large government organization.
• General knowledge of state and federal laws and regulations related to financial operations.
• General knowledge of financial internal controls.
• Able to write basic procedures and policies.
• Ability to read and understand various policies and procedures.
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
• Ability to identify problems and develop recommendations for resolution.
• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Ability to use spreadsheets to view data and perform analysis.
• Ability to analyze data and document any issues or problems.
• Advanced Microsoft Office skills i.e. Word, Excel, PowerPoint; Oracle Financials, SQL programming language.
• Advanced Oracle experience in a large government organization (preferred), and A dept user of internet, E-mail, and other office automation systems.

Benefits

Health & Wellness

• Medical Plan Options
• Pharmacy
• Vision
• Behavioral Health & EAP
• Employee Wellness Program

Financial Security

• Basic Life Insurance
• Life and Disability Insurance
• Pension Plans
• Supplemental Retirement Plans (403(b) and 457(b))
• Flexible Spending Accounts (FSAs)
• Spot Pet Insurance

Work-Life Balance

• Competitive paid time off policies.

Vaccination Requirement

As a condition of employment with the Chicago Public Schools (CPS), employees are required to be fully vaccinated against COVID-19 – unless approved for a medical or religious exemption, all employees are required to be up-to-date on COVID-19 vaccinations, including boosters, and to submit proof of vaccination to the district within 30 days of hire. “Up-to-date” on vaccination is defined as being at least two weeks past all primary vaccine doses and any applicable boosters.