Senior Accountant

City of Raleigh North Carolina; Raleigh (NC); On-site; USD 70,000 - 100,000; Full time

Job summary

The City of Raleigh is seeking a Senior Accountant to join its Accounting Division within the Finance Department. You will prepare financial statements, analyze data, support audits and reporting, and contribute to financial publications.

You will also research accounting pronouncements and guide other departments on accounting and grant management. The position requires a Bachelor’s degree in Accounting and 3–5 years of related experience, with deep knowledge of governmental accounting, GAAP,

Qualifications

• Bachelor's Degree in Accounting or related field; 3 to 5 years' experience in accounting or related field.
• Equivalent combination of training and/or experience may be substituted.

Responsibilities

• Prepares monthly journal entries and reviews financial records for all City departments.
• Coordinates with Accounts Payable, Procurement, Revenue and Treasury for accuracy.
• Provides monthly support to State for sales tax payments and reimbursements.
• Records monthly/quarterly tax-related data from counties.
• Performs complex account reconciliations and bank-to-cash reconciliations.
• Advises City departments on accounting treatments and internal controls.
• Researches GAAP and GASB pronouncements for ACFR accuracy.
• Coordinates training on new accounting pronouncements.
• Reviews grant reimbursement requests and monitors grant budgets.
• Prepares ACFR and year-end grant fund statements.

Skills

GAAP knowledge

Government accounting

Grant management

Financial reporting

Account reconciliations

Interdepartmental collaboration

Training staff

Budgets & surveillance

Education

Bachelor's degree in Accounting

Job description

Are you ready to make an impact through meaningful financial work? The City of Raleigh Accounting department is seeking an experienced Senior Accountant to join its team. In this role, you will help ensure the City’s financial integrity by preparing accurate financial statements, analyzing financial data, and supporting audits and reporting processes. You will contribute to key financial publications, research new accounting pronouncements, and collaborate with departments across the City to provide expert guidance on accounting, financial reporting, and grant management. This is an opportunity to apply your accounting expertise while supporting responsible financial management and the services our community depends on.

About You

The ideal candidate is a highly competent and motivated individual ready to join the Accounting Division within the Finance Department. T his role serves as a subject matter expert providing consultation on fiscal matters and will have the unique opportunity to collaborate with departments and positions throughout municipal government and external parties.

About Us

The City of Raleigh offers many benefits to the employee. We offer medical, dental, vision as well as 13 paid holidays, vacation and sick days, retirement and much more. The Accounting Division is responsible for the City’s general ledger, grants, accounting transactions/activities and financial reporting. This position ensures the City adheres to fiscal standards and requirements set by regulatory agencies as well as City policies and procedures.

The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by employees in this job. Employees may be requested to perform job-related tasks other than those specifically presented in this description.

• Prepares monthly journal entries and continuously reviews financial records and ledgers for accuracy for all City departments
• Coordinates with other central internal service departments including Accounts Payable, Procurement, Revenue, and Treasury to ensure monthly records are accurate and properly recorded
• Provides monthly financial support to the State for sales tax payments and sales tax reimbursements
• Records monthly/quarterly financial records from counties for property, rental vehicle, occupancy, franchise, and other taxes
• Conducts advanced analysis, performing complex account reconciliations and bank to cash reconciliations on a monthly basis, including for the main operating checking account that involves and serves all City departments
• Conducts research on variances found in reconciliations and coordinates with departments to resolve
• Serves as a subject matter expert to all City departments for accounting treatments and necessary adjustments
• Provides suggestions on proper internal controls, policies, and procedures to all City departments
• Researches existing and newly required accounting pronouncements issued by the Governmental Accounting Standards Board as well as Generally Accepted Accounting Principles (GAAP) to ensure accuracy of the Annual Comprehensive Financial Report (ACFR)
• Coordinates with City departments and provides training on implementing the new accounting pronouncements
• Reviews and approves grant reimbursement requests for all City departments on a monthly/quarterly basis
• Monitors the budget and reporting for each grant to ensure compliance with grant award agreements with federal and state agencies
• Prepares year-end reporting of grant fund financial statements as well as reconciliations of each grant for all departments
• Conducts research on single audit requirements to ensure the City, as well as the subrecipients are in compliance with federal and state grant award agreements
• Coordinates external auditors with annual single audits on all City-wide grants as required by the federal government
• Recommends grant process improvements to all City departments and provides trainings to City departments staff regarding eligible activities, grant management and reporting, and cash management
• Prepares Annual Comprehensive Financial Reports (ACFR)
• Prepares and reviews complex financial statements, schedules, notes to financial statements, and demographic and statistical information to ensure compliance with accounting standards as well as grant agreements
• Performs monthly bond drawdown eligibility determinations for the City's bonds to ensure the City is in compliance with the bond agreement under the direction of the Bond Council
• Performs related duties as required

Education and Experience

Bachelor's Degree in Accounting or related field; 3 to 5 years' experience in accounting or a related field;

OR

Any equivalent combination of training and/or experience that provides the required knowledge, skills and abilities may be substituted

Knowledge Of

• Governmental accounting and financial reporting (including GAAP and Governmental Accounting Standards Board)
• Grant management and reporting and subrecipient monitoring for grant compliance
• Bonds management
• Account reconciliations and bank to cash reconciliations
• Payroll and benefits; capital asset management and reporting; sales tax reporting
• Accounts Payable and Accounts Receivable
• Budget management and procurement
• Enterprise Resource Planning (ERP) system and any software applications relevant to the position
• Modern office practices and procedures including the use of standard office equipment and computer applications such as word processing, databases, and spreadsheet applications

Skill In

• Public speaking
• Analyzing complex financial statements and financial trends
• Interpreting, compiling and preparing analytical, financial, and administration data for reports
• Monitoring and reviewing accuracy of complex financial statements
• Providing technical guidance, direction, education to external and internal stakeholders
• Managing fiscal processes for variety of funds
• Preparing spreadsheets, reports and financial documents
• Organizing and maintaining fiscal programs/process documentation, schedules, records, and files

Ability To

• Initiate process improvement suggestions
• Conduct new research and present conclusions
• Interpret and apply procedures, regulations, and policy in preparation of financial and analytical reports
• Write, edit, format and train City-wide staff on financial guidelines and policies
• Exercise political acumen, tact, and diplomacy
• Assist departments with complex accounting treatments
• Adapt to wide variety accounting assignments
• Perform tasks with a high level of accuracy

Work Environment and Physical Effort

Sedentary: Exerting up to 10 pounds of force occasionally, a negligible amount of force frequently, and/or constantly having to lift, carry, push, pull, or otherwise move objects, including the human body.

Work Environment

Work is typically performed in an office or similar indoor environment.

Work Exposures

Work in this position does not require frequent environmental exposures.

City of Raleigh is an Equal Employment Opportunity (EEO) employer. Accommodations for individuals with disabilities are provided upon request.