What are the responsibilities and job description for the City Comptroller position at CITY OF NEW CARROLLTON?
Job Details
Description
GENERAL
The City Comptroller is responsible for overseeing all aspects of the City's accounting operations, including financial planning, budgeting, payroll, reporting, internal controls, and compliance; works independently under limited supervision, and reports major activities to executive level administrators.
DUTIES AND RESPONSIBILITIES
• Financial Reporting: Prepare accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
• Budgeting and Forecasting: Develop and manage the City's budget, forecasting future financial performance, and monitor variances against the budget.
• Internal Controls: Establish and maintain robust internal controls to safeguard company assets and ensure compliance with accounting standards; evaluate and recommend changes to improve efficiency and accuracy.
• Accounting Operations Management: Oversee day-to-day accounting functions such as accounts receivable, accounts payable, payroll, and general ledger management. Ensure accurate reflection of the status of City assets; evaluate the performance of the City’s financial programs; identify needed modifications to the budget and/or to the City’s accounting procedures.
• Payroll: Oversee all payroll activities; verify time cards and enter data into system of record; print checks; verify and ensure garnishments and health insurance premiums are deducted; process payroll in a timely manner.
• Tax Compliance: Ensure compliance with all applicable tax regulations and coordinating with external tax advisors. Manage the completion of Federal and State tax reporting requirements for payroll taxes, grants, retirement, and other reports required by government regulation.
• Financial Records: Ensure financial records are maintained in compliance with City policies; responsible for reviewing monthly/quarterly account reconciliations and other documents to ensure this compliance.
• Auditing: Facilitate an internal audit process and address any findings with the City Administrative Officer and Mayor. Facilitate and participate in external audits; collaborate and communicate findings with appropriate stakeholders.
• Financial Analysis: Analyze financial data to identify trends, assess risks, and provide insights to inform strategic decision-making.
• Team Leadership: Coach, manage, and develop the Accounting team, delegate tasks, supervise performance, review and approve time off requests.
• Compliance and Regulatory Reporting: Ensure adherence to all relevant financial regulations and prepare required reports.
**The City of New Carrollton is a Drug-Free Workplace. Pre-employment and random drug screenings are required to maintain a safe and drug-free work environment.
**All candidates considered for the position will be required to successfully pass a background investigation.
Qualifications
MINIMUM EDUCATION AND EXPERIENCE
• Requires a Bachelor's Degree in Business Administration, Finance, or Accounting.
• Requires six (6) years of experience in municipal finance, financial management, or closely related experience.
• Strong understanding of Generally Accepted Accounting Principles (GAAP) and accounting standards.
• Proficient in analyzing financial data and interpreting trends.
• Ability to coach, lead, and motivate a team of Accounting staff.
• Excellent written and verbal communication skills to effectively convey complex financial information to management.
• Expertise in accounting software and ERP systems.
• Ability to identify and resolve accounting issues effectively.
• Ability to work independently with minimal supervision and with a team.
PHYSICAL DEMANDS
Work is performed primarily in a standard office setting. Must stand or sit for prolonged periods of time; occasionally stoop, bend, kneel, crouch, reach, and twist; operate office equipment requiring repetitive hand movement and fine coordination including use of a computer keyboard. Occasional weekend or evening hours are required.
UNAVOIDABLE HAZARDS (Working Environment)
None.
SPECIAL CERTIFICATIONS OR LICENSES
CPA Certification (preferred).
Salary : $114,309 - $184,186