ASSISTANT CONTROLLER

City-of-Riverside; Riverside (CA); On-site; USD 110,000 - 170,000; Full time

Job summary

The City of Riverside is seeking an Assistant Controller in its Finance Department to oversee Accounts Receivable, Accounts Payable, and Payroll, and to assist with the Annual Comprehensive Financial Report and other required financial statements. The role may also support SEFA, annual City’s Financial Transactions Report, external audits, and GASB updates.

The position requires leadership to supervise staff, prepare journal entries, and manage month-end and year-end closings, with communication

Qualifications

• Five years of professional experience in governmental accounting, budget management, debt administration, revenue analysis, internal auditing, or finance, including two years in a supervisory capacity.

Responsibilities

• Oversee Accounts Receivable, Accounts Payable, and Payroll within the Finance Department.
• Assist with preparation and review of the ACFR, SEFA, and annual financial statements; coordinate external audits.
• Prepare and present to City Council and Committees; supervise, train, and evaluate subordinates.

Skills

Supervisory experience

Accounting knowledge

Education

Bachelor's Degree in accounting/finance/business administration

Job description

The City of Riverside, Finance Department is accepting applications for the position of Assistant Controllerto fill one (1) vacancy. The eligibility list established may be used to fill the current and/or upcoming vacancies within this classification for up to six (6) months.

The current Assistant Controller vacancy will be focused on overseeing Accounts Receivable, Accounts Payable, and Payroll within the Finance Department. This position may assist with preparation and review of the Annual Comprehensive Financial Report (ACFR) and other required financial statements. This position may also assist with the preparation and review of the Schedule of Expenditures of Federal awards (SEFA); oversee the preparation and review of the annual Cities’ Financial Transactions Report; assist with external audit requests; assist with research and implementation of new Governmental Accounting Standards Board (GASB) pronouncements; prepare and/or present to City Council and Committee reports and presentations as needed; assist with fiscal month-end and year-end closing; prepare and review journal entries; supervise, train, and evaluate subordinates as assigned; oversee the annual calculation of compensated absences, oversee the review of accounts receivable balances and allowance for doubtful accounts adjustments; and assist departments with accounting related questions.

In general, and under management direction, an Assistant Controller will supervise, assist in the preparation of financial and budget analysis, financial reporting, financial statements, and oversee the daily operations for various divisions within the City's Finance Department. Manage key functions, prepare recommendations, reports, and presentations and perform related work as required.

Duties may include, but are not limited to, the following:

• Plans and manages accounting related projects such as ACFR preparation and compilation, annual audit, single audit and various state and federal reports to ensure fiscal responsibility.
• Develop and implement accounting systems, procedures, and standards for the financial management system.
• Directs the City's accounting methodology to comply with various accounting principles and standards in accordance with federal/state granting agencies and compliance agencies.
• Assist in the development in establishing and implementing organizational policies and procedures for department operations such as accounting, payroll, and treasury.
• Monitor effectiveness of policies and procedures and make revisions or recommendations for improvement as needed.
• Maintains awareness of new trends and developments in the field of accounting, including legislation, court rulings, and professional practices and techniques, incorporates new developments as appropriate.
• Develop internal controls to increase efficiencies throughout the City; develop forecast models; and prepare monthly financial statements and reports.
• Maintain the City's general and subsidiary ledgers.
• Assist in the implementation of new accounting standards and laws that impact financial reporting disclosures and requirements.
• Coordinates internal and external audits and makes recommendations on findings.
• Selects, trains, mentors, and evaluates assigned personnel; provides or coordinates staff training; plans, directs, coordinates, reviews, and assigns the work plan for accounting staff; reviews and evaluates work products, methods and procedures; meets with staff to identify and resolve problems.

Education:

Bachelor's Degree from an accredited college or university with a course work in accounting, finance, business administration, or a closely related field.

Experience:

Five years of professional experience in governmental accounting, budget management, debt administration, revenue analysis, internal auditing, or finance, including two years in a supervisory capacity.

Documents Required at the time of application:

• 1)Completed Employment Application
• 2) Completed Supplemental Questionnaire

The selection process will begin with an employment application package screening, with the best qualified candidates being invited to participate further in the assessment process. This process may include any combination of written, performance, and oral assessments to evaluate job-related education, experience, knowledge, skills, and abilities. Those who successfully complete the selection process will be placed on the eligibility list for this classification.

Important Information on Scheduling Assessments:

If you are selected to move forward in the assessment process, you may be required to self-schedule your appointment. You will be notified via email of your status and provided with self-scheduling instructions. Please check your email regularly following the closing date of this recruitment.

Positions that require, or may require, a California Commercial Driver’s License are considered Safety Sensitive and are monitored by the U.S. Department of Transportation. Any candidate being considered for a Safety Sensitive position must submit authorization forms to the City immediately upon request to begin the pre-employment process.

It is the responsibility of candidates with a disability requiring accommodation in the assessment process to contact the Human Resources Department in writing to request such accommodation prior to the closing date of this recruitment.

Appointment may be subject to the successful completion of a pre-employment background investigation, drug screen, and/or medical/physical examination.

NOTE:

The City reserves the right to modify selection devices and test instruments in accordance with accepted legal, ethical, and professional standards. Candidates may reapply when there is a posting to establish an eligibility list.

Educational Requirements:

Proof of education listed in your application will be requested at the time of conditional offer. Acceptable documentation consists of transcripts or degree, if applicable, by the accredited U.S. college or university.

Education obtained outside the United States (US) require one of the following options:

1. An equivalency statement from an evaluation company certified by the National Association of Credential Evaluation Services (NACES) at Members – NACES or the Association of International Credential Evaluators Inc. (AICE) at http://aice-eval.org/members/.
2. An advanced-level degree from an accredited US college or university.

All applicants will be notified via e-mail or telephone of their application status and the assessment dates/times/locations after the closing date of this announcement.

THE PROVISIONS OF THIS JOB ANNOUNCEMENT DO NOT CONSTITUTE AN EXPRESSED OR IMPLIED CONTRACT.