Financial Reporting Analyst II

Chesterfield County, VA; Chesterfield Court House (VA); On-site; USD 65,000 - 85,000; Full time

Job summary

Chesterfield County, Virginia is seeking a Financial Reporting Analyst II to join the General Accounting team. The role centers on fixed assets, depreciation, and year-end reporting within the County's GAAP framework.

You will collaborate with fund managers, prepare journal entries, and assist with audits while maintaining fixed asset records and meeting tight deadlines with accuracy and integrity.

Qualifications

• Bachelor's degree in accounting or related field with experience in GAAP and financial reporting.
• Experience preparing workpapers for external audits and financial reports.

Responsibilities

• Collaborate with Fund Managers to classify fixed assets with appropriate useful lives.
• Review asset purchases for proper account coding and capitalization policy.
• Serve as liaison for fixed asset and lease transactions inventory.
• Prepare journal entries for depreciation, purchases, donations, transfers, and disposals.
• Assist with year-end Capital Assets in the CAFR and related footnotes.
• Perform Fixed Asset system maintenance and GAAP compliance.
• Interpret and apply GAAP and regulatory standards.
• Manage priorities and complex deadlines.

Skills

GAAP knowledge

Analytical skills

Communication skills

Time management

Prioritization

Education

Bachelor's degree in accounting

Job description

Committed to excellence in local government accounting and financial reporting services and upholding the highest standards of ethics and integrity

Why Chesterfield County:

Chesterfield County offers flexible working schedules, career development growth and promotes work life balance. That is why in 2023, Forbes magazine recognized the County as one of America’s Best-In-State employers, 30 spots higher than its last ranking in 2021. Chesterfield County was recently recognized both nationally and regionally, for the fifth consecutive year, as a Top Workplace. USA TODAY Top Workplaces and the Richmond Times-Dispatch recognized companies that prioritize a people-centered culture and give employees a voice.

Chesterfield County is a recognized leader in local government and produces high quality, award winning financial reports receiving the Governmental Finance Officers Association (GFOA) Certificate of Achievement for the Annual Comprehensive Financial Report for 45 consecutive years and has earned the GFOA Triple Crown designation since fiscal 2020 reporting year.

If you have experience in providing supporting responsibilities for year-end audit, maintenance of capital assets, and managing competing priorities, we are looking forward to your application.

What You Do and How You Do It:

A Financial Reporting Analyst II is a results-oriented member of the General Accounting team that has a wide range of responsibilities. This includes:

• Collaborating with Fund Managers to ensure fixed assets are appropriately classified with reasonable useful lives in accordance with County policy.
• Reviewing asset purchases to ensure proper account coding and compliance with capitalization policy
• Serving as the liaison for fixed asset and lease transactions inventory
• Preparing journal entries to capture fixed asset depreciation, purchases, donations, transfers, and disposals.
• Assisting with the audit and reporting of year-end Capital Assets in the Annual Comprehensive Financial Report to include the Capital Asset footnote which includes asset cost and depreciation.
• Performing Fixed Asset system maintenance
• Interpreting and complying with generally accepted accounting principles (GAAP) and regulatory standards
• Applying strong analytical skills and sound professional judgment
• Managing competing priorities and complex deadline driven projects
• Performs other work as required

Here’s What You Need:

Bachelor's degree in accounting or similar field with three years of experience in the accounting environment; or an equivalent combination of training and experience. You must demonstrate working knowledge of GAAP; experience in financial report compilations, and workpapers for the external auditor. You must have excellent analytical and decision-making skills; and effective communication skills for collaborating at all levels in a complex organization. Effective time management and the ability to prioritize competing priorities are essential skills.

Pre-employment drug testing, FBI criminal background check and education/degree verification required.

This position is a part of an approved Career Development Plan (CDP) and offers career progression opportunities and salary incentives, as funding permits, based on performance, qualifications, and experience.

Monday - Friday; 8:30 a.m. - 5:00 p.m.

Accounting