Accounting Manager

Salary : $74,757.00 - $113,821.00 Annually

Location : The Colony, TX

Job Type : Full-Time

Job Number : 02

Department : Finance

Opening Date : 01 / 07 / 2025

Job Summary

The Accounting Manager is responsible for the day to day operations of the Finance Department, manages, supervises and coordinates the activities and operations of the general ledger, financial accounting, accounts payable, budget, monthly and yearly financial close, preparation of the annual budget and financial statements to include the Annual Comprehensive Financial Report (ACFR). This position will maintain an effective accounting system to capture data regarding economic activities of the City and provides technical accounting guidance and direction to subordinates. Provides internal and external customer service in a timely, effective and professional manner.

Examples of Duties

• Assumes management responsibility for assigned services and activities of the Finance Department including but not limited to accounts payable, budget, various general ledger and subsidiary ledger reconciliations.

Ensures that accounting activities are conducted and reported in accordance with GAAP, GASB and federal requirements.

Manages month-end and year-end financial system close processes including financial statement monthly reconciliations.

Responsible for developing, organizing, coordinating and preparing the City's annual budget; participates in the forecast of funds needed for staffing, equipment, materials and supplies; monitors and approves expenditures.

Prepares the Budget to a standard that obtains the Distinguished Budget Presentation Award from GFOA.

Responsible for developing, organizing, coordinating the City's annual audit ACFR in compliance with GASB, GAAP, Federal and GFOA requirements including providing assistance to and consults with external auditors; prepares audit work papers; prepares and reviews final documents.

Prepares the ACFR to a standard that obtains the Certificate of Achievement in Excellence in Financial Reporting from GFOA.

Coordinates the city's monthly, quarterly, yearly filings and regulatory reporting.

Evaluates and approves all payment authorization and transfer of funds requests.

Researches and analyzes financial and operating data to promote efficient operations of the City.

Reviews and approves monthly financial statements to departments.

Authorizes and approves all journal entries into the general ledger.

Prepares budget reports, reviews trial balances and general ledger activity, including any adjustments to journal entries.

Ensures compliance with financial reporting requirements of external Federal and State agencies (i.e state sales taxes, etc.)

Provides technical and leadership training to staff and resolves personnel issues.

Responsible for implementing and maintaining financial software and ledgers to accurately and timely track financial transactions of the City including but not limited to all receipts, expenditures and allocations.

Assists in the interpretation of City policies, department specific guidelines / policies and / or ordinances for internal and external customers.

Performs other duties as assigned or required.

Typical Qualifications

Knowledge of methods for the preparation and development of the Annual Comprehensive Financial Report (CAFR).

Knowledge of technical accounting, financial reporting and complex general ledger systems.

Knowledge of Federal, State and Local financial policies, law and regulations including tax laws.

Skill in planning, developing and implementing departmental procedures and objectives.

Skill in effectively supervising and delegating duties to assigned staff.

Possess excellent written and oral communication skills with the ability to communicate and work cooperatively with all levels and types of personnel.

Education and Experience

And five (5) years of progressively responsible experience in Governmental Accounting with at least three (3) years in a supervisory capacity. Corporate experience may substitute for Governmental Accounting if the experience includes preparing corporate wide financial statements.

A Master of Accountancy or a Masters of Business Administration may substitute for one year of professional experience.

BENEFITS FOR ALL FULL-TIME / PART-TIME REGULAR EMPLOYEES INCLUDE :

TEXAS MUNICIPAL RETIREMENT SYSTEM

All full-time employees are participants of TMRS; this is a mandatory contribution. (Part-time regular employees who work a minimum of 20 hours per week are participants of TMRS) The employee contribution rate is 7% per pay period; the City matches the contribution 2-1. There is a 5 year vesting period. Employees are eligible to retire at any age after 20 years of service or at age 60 with 5 years of service.

OPTIONAL RETIREMENTThe City offers employees the option of contributing to a 457 Deferred Compensation Plan and / or Roth IRA's through payroll deduction. The City does not match these contributions.

SOCIAL SECURITY / FICA

These deductions are matched by the City.

MEDICAL, DENTAL & VISION COVERAGE

All full-time employees have Medical, Dental, Vision, Life w / AD&D, and LTD insurance coverage paid for by the City. (Part-time regular employees who work a minimum of 30 hours per week qualify for this coverage) Employees have the option of purchasing dependent coverage.

SECTION 125 IRS BENEFIT PLANS

Employees who have dependent health or any supplementary insurance premiums deducted from their checks are eligible to pay their premiums, "pre-taxed". Pre-taxed flexible spending accounts are also available for health and dependent care.

VOLUNTARY / SUPPLEMENTAL BENEFITS

Employees have the option of purchasing supplemental benefits through AFLAC and LegalShield.

VACATION

Full-time employees vacation accrues as follows :

0-5 years 10 days per year

5-10 years 15 days per year

10-20 years 20 days per year

20 years 25 days per year

Employees are eligible to take vacation after 6 months of employment.

Part-time regular employees accrue vacation leave at ½ the accrual rate of a full-time employee.

SICK LEAVE

Sick leave accrues at 8 hours per month for full-time employees. (Fire accrues at 12 hours per month) Maximum accrual is 1,040 hours.

Part-time regular employees accrue sick leave at ½ the accrual rate of a full-time employee.

SICK LEAVE POOL

The sick leave pool allows the employees to donate up to 24 hours of sick leave per year (employees must have a minimum of 96 hours of sick leave accumulated before contributing). This pool was created to help employees during a catastrophic injury or illness.

HOLIDAYS

Full-time employees receive 14 paid holidays per year. This includes 1 personal floating holiday that may be taken at any time during the calendar year after 6 months of employment.

New Year's Day Columbus Day

Martin Luther King Jr. Day Veterans Day

Presidents Day Thanksgiving Day

Good Friday Day after Thanksgiving

Memorial Day Christmas Eve

Juneteenth Christmas Day

Independence Day Floating Holiday (Personal Day)

Labor Day

Part-time regular employees accrue holiday leave at ½ the accrual rate of a full-time employee.

LONGEVITY

All full-time employees with more than 1 year of service are eligible to receive longevity pay at the rate of $10 per month for each month of service. This is paid once a year in November. Part-time regular employees become eligible to receive this benefit after 5 years of service.

CERTIFICATE PAY

Some employees may be eligible to receive Certificate Pay in increments of $50, $100 or $125 per month depending upon the type of certification. Certification that is required per the job description in order to be employed is not eligible for pay under this plan.

TUITION REIMBURSEMENT

Full-time employees may be reimbursed up to $300 per semester for college courses. The courses must relate to their job, must have a passing grade of at least a "C", and obtain Director approval. This benefit may be used after 6 months of employment.

EMPLOYEE ASSISTANCE PROGRAM (EAP)

Provided by the city to help employees and their family members manage life's challenges by identifying options and making informed choices regarding Counseling Services, Legal Services, Financial Services, and Work / Life Wellness Resources.

PARK PASSES

Full-time and part-time regular employees receive a free year round park pass that can be used at Stewart Creek and Hidden Cove Park.

Salary : $74,757 - $113,821