Financial Reporting Specialist

Job Summary:
The incumbent is responsible for managing complex tasks associated with citywide accounting and financial reporting functions. Operating under general supervision, this role involves significant challenges, particularly in supporting year-end audits. Key responsibilities include maintaining an intricate system of accounts and records, reconciling subsidiary ledgers and various schedules with the general ledger, preparing reimbursement requests and debt requisitions, and implementing the latest standards established by the Government Accounting Standards Board to safeguard the City’s financial integrity.

Key Responsibilities:

• Draft financial documents, including the Annual Comprehensive Financial Report and various state reports.
• Reconcile the auditor of public accounts' schedule of reimbursements with the general ledger.
• Prepare and analyze accounting and financial reports.
• Oversee the entry and reconciliation of numerical and financial data, as well as the recording of funds in the General Ledger.
• Review financial and system reports for accuracy.
• Research and resolve financial discrepancies.
• Assist with inquiries related to receipts and disbursements.
• Provide support for encumbrance accounting and purchase order reconciliation.
• Contribute to capital fund accounting, including project updates, reporting, and review of bond drawdowns and submissions.
• Assist in maintaining the capital asset inventory.
• Monitor, analyze, and reconcile non-major funds.
• Perform related tasks as assigned.

Minimum Requirements:

• Bachelor's degree required (preferably in Accounting) with related experience preferred
• Any equivalent combination of education, experience and/or training sufficient to demonstrate the knowledge, skills and abilities is acceptable.

Knowledge, Skills, and Abilities:

• Considerable knowledge of the principles, methods and practices of accounting and auditing
• Knowledge of GAAFR (Government Accounting, Auditing and Financial Reporting) standards
• Knowledge of the principles, underlying laws, ordinances and regulations governing financial operations is required
• Knowledge of accounting procedures and automated systems, required.
• Must be computer literate. Proficiency in Microsoft Office computer programs and Tyler Munis is preferred.
• Excellent mathematical skills, ability to analyze numerical data and maintain general ledger is required.
• Effective written and oral communication skills is required.
• Must know how to organize and prioritize work and meet deadlines with minimal supervision.
• Must be able to establish and maintain successful working relationships with staff, government officials and the general public.

Why Join Us?

• Contribute to the financial integrity of the City.
• Work in a collaborative and responsive environment.
• Opportunities for professional development.

Application Process:
Completed City applications should be submitted prior to 11:59 pm on Wednesday, January 30, 2025. Please include a cover letter and a resume with your application. We look forward to welcoming a new member to our Finance team!

The City is a member of the Virginia Retirement System and offers competitive health, dental and vision insurance as well as generous vacation/sick leave benefits and 13 paid holidays a year.

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