Financial Reporting Manager

City of Alexandria; Alexandria (VA); On-site; USD 72,000 - 102,000; Full time

Job summary

An established industry player is seeking a detail-oriented Financial Reporting Manager to lead a dynamic team in producing accurate financial reports. This role involves supervising the financial reporting team, managing the City's Annual Comprehensive Financial Report, and ensuring compliance with governmental accounting standards. The ideal candidate will have extensive experience in public accounting, strong analytical skills, and advanced proficiency in financial software. Join a vibrant city that values its history and embraces opportunities for growth while making a meaningful impact in the community.

Qualifications

• 5+ years of experience in governmental accounting with supervisory experience.
• Expert in financial reporting and managing complex financial documents.

Responsibilities

• Manage the production of the City's Annual Comprehensive Financial Report (ACFR).
• Supervise grant and bond accounting processes and ensure compliance.

Skills

Governmental Accounting

Financial Reporting

Microsoft Excel

GAAP Compliance

Team Management

Analytical Skills

Education

Bachelor's Degree in Accounting

Certified Public Accountant (CPA)

Certified Government Financial Manager (CGFM)

Tools

Munis

Oracle/PeopleSoft

Job description

Financial Reporting Manager

The City of Alexandria is located in northern Virginia and is bordered by the District of Columbia (Potomac River), Arlington and Fairfax counties. With a population of approximately 150,000 and a land area of 15.75 square miles, Alexandria is the seventh largest city in the Commonwealth of Virginia. Alexandria has a vibrant waterfront and is a unique and historic place to live and work. About one-quarter of the City’s square miles have been designated as a national or local historic district. We proudly embrace our rich history and seize the endless opportunities that lie ahead. If you are interested in working for the vibrant City of Alexandria, we invite qualified candidates to apply for theFinancial Reporting Managerposition.

An Overview
The City of Alexandria's Finance Department is looking for a detail oriented, experienced, and collaborative Financial Reporting Manager to join our team. As a member of the Accounting Division, the Financial Reporting Manager directly supervises and manages the financial reporting team, which is responsible for the accurate and timely preparation of the City's Annual Comprehensive Financial Report (ACFR), in addition to other important financial reporting tasks and deliverables. A significant aspect of this work involves use of the City's enterprise resource planning (ERP) system, Munis. The Financial Reporting Manager is an expert in governmental fund accounting who takes ownership of and responsibility for production of accurate and complete key financial reports in a timely manner.

The Financial Reporting Manager leads a team of accounting professionals with responsibility for the accurate and timely production of the City's ACFR, management and reporting of its capital assets, managing year-end closings, grant and bond accounting, and other regulatory and financial reporting tasks, as well as the successful research and resolution of all discrepancies. Additionally, the Financial Reporting Manager, along with the Comptroller, is the primary point of contact for the City's annual audits, including the Single Audit. The Financial Reporting Manager has considerable latitude for independent judgment under the general supervision of the Comptroller. The day-to-day work of the Financial Reporting Manager is generally self-directed and determined by the City's overall financial reporting needs.

What You Should Bring
The ideal candidate is an expert in the field of public or governmental accounting and has experience successfully managing teams of financial professionals tasked with producing complex, critical financial reports and documents. Additional skills and abilities include:

• Thorough knowledge of accounting theory, principles, and practice and their application to a wide variety of transactions and problem solutions;
• Ability to analyze complex financial information with attention to detail to accurately prepare complex financial and administrative reports;
• Experience with Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) pronouncements and their applications, as well as preparation and analysis of financial statements in accordance with Generally Accepted Accounting Principles (GAAP);
• Highly proficient in the utilization of Microsoft Office, specifically advanced skills in Excel and Word;
• Ability to plan, organize, and review the technical work of accountants and to provide technical training;
• Ability to establish and maintain effective working relationships with all levels of management and external business partners.

The Opportunity – Examples of Work

• Manages the production of the City's ACFR and preparation of all relevant supporting documentation including deliverables for the annual external basic financial statements and single audits;
• Oversees the compilation and distribution of the ACFR to individuals and organizations;
• Supervises the grant and bond accounting processes;
• Assigns duties, supervises and evaluates progress, and sets direction for the City's financial reporting program including co-managing the monthly and year-end accounting close processes;
• Ensures staff work is thoroughly reviewed and that staff are cross-trained and empowered to grow professionally;
• Serves as the organizational expert on GASB standards and interprets changes to accounting processes and procedures, recommending and implementing courses of action, both internally and to external departmental partners;
• Effectively communicates with staff to ensure that new practices, processes, and procedures are implemented appropriately;
• Co-manages the maintenance of the general ledger, reconciliation of accounts, and accurate reporting of governmental funds;
• Evaluates employees’ performance;
• Responds to financial reporting requests from internal and external sources; and
• Performs related work as required.

About the Department

The City of Alexandria's Finance Department is a fast-paced, diverse, and customer service focused operation that is responsible for: theassessment, collection, and enforcement of all City taxes, the management of cash flow and investments, accounting for and reporting the City’s financial position, processing payroll, executing a fair and competitive procurement environment, assessing all real and personal property in the City, managing the City’s risk and safety programs, and managing the City’s pension plans.The Finance Department has seven divisions and in fiscal year 2025 is operating with a total budget of $15.6 million and 111 FTE positions. The goal of the Finance Department is to treat all employees, citizens, and business owners professionally, with fairness and compassion.

Four-year college degree; at least five years of experience in professional accounting work, including at least one year of experience in a supervisory capacity; or any equivalent combination of experience and training which provides the required knowledge, skills and abilities.

Five years’ experience in governmental accounting work, including leading the production of an ACFR; Bachelor’s degree in Accounting;three or more years of supervisory experience leading a public sector accounting/reporting team; experience utilizing a complex financial software system (e.g. Munis, Oracle/PeopleSoft, etc.) in a large organization; deep knowledge of governmental fund accounting and reporting; experience performing complex reconciliations of financial information; experience compiling governmental fund-based financial statements. Professional certification (Certified Public Accountant (CPA) or Certified Government Financial Manager (CGFM); advanced Microsoft Excel skills.

This position requires the successful completion of pre-employment background checks including but not limited to a criminal background check. The selection process for this position may include a phone or virtual interview, and in-person interview.

The starting salary range for this position is $72,597.46 to $101,773.10 (midpoint of the grade), based on qualifications and experience. The incumbent can eventually be awarded up to $127,755.68 (Step 20) with tenure and job performance.