What are the responsibilities and job description for the Sr. Accountant IV position at City of Norfolk?
Norfolk, Virginia is America's most authentic and urban waterfront city. Home to the world's largest naval station and the business, arts, and cultural center of Coastal Virginia, Norfolk has been rated a top place to live, work, play, and raise a family by numerous publications. Working for the City of Norfolk is an opportunity to make a real difference in the lives of others. With our commitment to competitive pay and a strong retirement package, you can do good for your community and do well for yourself. Join a caring workplace that proudly celebrates uniqueness, authenticity, and a shared commitment to improving the lives of our residents.
The Department of Finance provides centralized structure and support for the City of Norfolk, to include financial reporting; debt; payroll; procurement; risk management; fiscal systems support; accounts payable; collections; business process improvement; and retirement. Finance’s Retirement Division is responsible for facilitating the City’s, Virginia Retirement System’s (VRS) and the Norfolk Employees’ Retirement Systems’ (NERS) annual external audit, preparing the City’s and NERS’ Annual Comprehensive Financial Report (ACFR), and maintaining the integrity of the City’s general ledger accounting system. Through the provision of assistance and guidance, the Department of Finance is positioned to interact with just about every City department and is a great place to build a career. We work hard, but we also have fun and take care of our greatest resource, our people.
This position will work independently and assist with critical tasks such as preparing complex and detailed reconciliations (for example fund, contribution, bank and investment), performing high-level analyses, tracking and reporting a variety of activities, and ensuring compliance with federal, state and local requirements. The position will also be heavily involved in external audits. The position will work as part of a collaborative team, support the Executive Director of Retirement, Retirement Benefits Administrator, Senior Accounting Manager and the City Controller, and communicate regularly and effectively to promote stable financial operations.
Overtime may be required during high volume periods and in conjunction with federal and state deadlines. While we continue to build a great Financial Reporting team and try to limit additional hours as much as possible, failing to meet our essential City obligations is not an option for our division.
City of Norfolk - Accountant Video
Essential functions include but are not limited to: - Prepares financial reports, including comprehensive annual financial reports, comparative cost transmittal forms, bureau of census reports and annual reports.
- Performs fund accounting by monitoring to ensure the integrity and accuracy of automated financial accounting system and related reports.
- Maintaining the accuracy of account balances between the general ledger and subsidiary ledger.
- Prepares account reconciliations and adjustments.
- Expedites budget preparation and review by preparing various budgets and related calculations.
- Oversees accuracy of financial statements in accordance with Accounting Principles Generally Accepted in the United States, portions of which may be prepared by subordinate staff or staff from other departments.
- Preparation of required internal and external invoices, financial statements and reports.
- Reviews for accuracy financial documents prepared by others prior to final posting and distribution.
- Recommends development or modification of financial accounting and reporting controls and/or procedures for implementation.
- Initiates and assists in the implementation of new and revised accounting statement and standards.
Required:
- Three years of experience in accounting within a local government, nonprofit organization or related industry; or an equivalent combination of education and accounting or finance experience.
- Three to five years of experience in accounting, with at least one year within local government, nonprofit organization, or related industry.
- Experience using AFMS, multi-year projects, financial reporting, single audit, and work paper preparation for external auditors.
Work Schedule: This is a full-time position. Monday - Friday, 8:30 am - 5:00 pm
Signing Bonus: This position is eligible for a one-time $5,000 signing bonus.
Salary : $68,675 - $111,968
