Senior Accountant, Municipal Grants & Financial Reporting

City of Raleigh; Raleigh (NC); On-site; USD 70,000 - 95,000; Full time

Job summary

The City of Raleigh Accounting department is seeking an experienced Senior Accountant to join its team, preparing accurate financial statements, analyzing data, and supporting audits and reporting processes. You will collaborate with City departments to provide expert guidance on accounting, financial reporting, and grant management, ensuring fiscal standards and compliance across the organization.

This role also engages in researching accounting pronouncements, assisting with ACFR preparation,

Qualifications

• Bachelor's Degree in Accounting or related field; 3 to 5 years' experience in accounting or a related field.
• Any equivalent combination of training and/or experience that provides the required knowledge, skills and abilities may be substituted

Responsibilities

• 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 GASB and GAAP to ensure accuracy of the 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

Bachelor's Degree in Accounting

Job description

The City of Raleigh Accounting department is seeking an experienced Senior Accountant to join its team, preparing accurate financial statements, analyzing data, and supporting audits and reporting processes. You will collaborate with City departments to provide expert guidance on accounting, financial reporting, and grant management, ensuring fiscal standards and compliance across the organization.

This role also engages in researching accounting pronouncements, assisting with ACFR preparation,