What are the responsibilities and job description for the Comptroller position at City of Springfield?
Responsible for maintaining the city’s financial system by providing city management and other stakeholders with accounting and financial records necessary to make sound financial decisions. Ensures that all city transactions are in accordance with Governmental Accounting Standards Board (GASB), Generally Accepted Accounting Principles (GAAP), the Uniform Massachusetts Accounting System (UMAS), city policies, and city ordinances. Serves as the Ex-officio member of the Springfield Contributory Retirement System. Work is performed under the supervision of the CAFO. Supervises department employees.
- Serves as a key member of the city’s financial management team in the development of the annual operating budget, capital budget, and financial forecasts.
- Oversees the hiring, training and work of all staff within the Comptroller’s Office.
- Ensures that all cash disbursements by the city are not in excess of appropriation.
- Approves and posts the city budget transfers and amendments.
- Balance and reconcile various accounts and ledgers of all city funds.
- Reconciles all accounts for year-end closing in addition to Treasurer’s cash book to the city’s general ledger.
- Establishes city’s tax rate, certifies free cash by completing required forms and the completion of the Schedule A Report with the Massachusetts Department of Revenue.
- Enforces the City’s budget pursuant to chapter 44 of Massachusetts general law, includes sweeping of unexpended funds in accordance with chapter 468 of the acts of 2008.
- Creates and presents financial orders to the CAFO, Mayor, and City Council.
- Trains, maintains, and tests the City’s integrated accounting software.
- Reviews and recommends accounting policies and makes recommendations to improve the existing accounting software.
- Prepares regular and special financial and statistical statements and reports of a complex nature.
- Prepares the city’s Annual Comprehensive Financial Report (ACFR).
- Prepares reports for the yearly external audit and various state and federally mandated reports.
- Supervises the preparation of 1099 forms for tax reporting purposes.
- Performs other related job duties as assigned.
- Ability to supervise and manage a professional and clerical staff.
- Effectively use complex math equations to reconcile accounts.
- Extensive knowledge on all aspects of Massachusetts municipal finance laws.
- Requires ability to complete complex accounting forms for city, state, and external stakeholders.
- Strong written and verbal communication skills.
- Ability to establish and maintain effective working relationships.
- Bachelor’s degree in a related field.
- Ten years of municipal accounting and/or finance experience with a minimum of five years’ experience in a supervisory role.
- Residency in the City of Springfield is a requirement for this position.
Salary : $109,006 - $141,760
