Financial Reporting Analyst II

Chesterfield County; Virginia; On-site; USD 65,000 - 85,000; Full time

Job summary

Chesterfield County is seeking a Financial Reporting Analyst II to join the General Accounting team. The role focuses on fixed assets, capital assets, and year-end reporting, ensuring accuracy and compliance with county policy.

The ideal candidate holds a Bachelor's in accounting with 3 years of experience, strong GAAP knowledge, and excellent analytical and communication skills. Pre-employment background checks apply; regular daytime hours are 8:30 a.m. - 5:00 p.m., Monday through Friday.

Qualifications

• Working knowledge of GAAP and financial reporting processes.
• Ability to prepare and review journal entries and workpapers.
• Strong analytical and communication skills for collaboration.

Responsibilities

• Collaborate with Fund Managers to classify fixed assets and set useful lives per policy.
• Review asset purchases for correct account coding and capitalization compliance.
• Serve as liaison for fixed asset and lease inventory transactions.
• Prepare journal entries for depreciation, purchases, donations, transfers and disposals.
• Assist in the audit and reporting of year-end Capital Assets in the CAFR.
• Maintain Fixed Asset system data and ensure GAAP compliance.

Skills

GAAP knowledge

Analytical skills

Communication skills

Time management

Education

Bachelor's degree in accounting

Job description

Minimum Qualifications

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.

Shift

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

Work Location

Accounting

Chesterfield County is an Equal Opportunity Employer Committed to Workforce Diversity, Equity, and Inclusion