Comptroller (48721

Comptroller

Comptroller City of Covington, KY Finance Department

Reports To:

Director of Finance

Location:

City Hall FLSA Status:
Full-time, Exempt

Hours:

Monday through Friday, 8:00am – 4:30pm Salary Range: $85,000 - $105,000

Under the direction of the Director of Finance, the Comptroller oversees the City's accounting, financial reporting, and internal control functions. The Comptroller manages the general ledger, monthly and annual close processes, and preparation of the ACFR while serving as the primary liaison with external auditors.

The Comptroller develops and enforces accounting policies in compliance with laws, regulations, GAAP, and GASB standards and communicates goals and policies across the organization. The Comptroller ensures accuracy in all financial transactions, maintains strong internal controls, and represents the Finance Director on matters affecting accounting operations while fostering effective relationships with staff, officials, auditors, and the public. This role is distinct from other financial management positions by its comprehensive responsibility for accounting and reporting rather than budgeting and forecasting.

Essential Duties and Responsibilities:

These tasks are typical for this position and may include, but are not limited to, the following:

• Support the Director of Finance by managing departmental operations, evaluating and improving policies and procedures, and communicating goals to staff.
• Oversee all accounting and financial reporting functions, including general ledger, month-end and year-end close, reconciliations, capital assets, debt, leases, grants, and fund reporting.
• Direct preparation and publication of the Annual Comprehensive Financial Report (ACFR) in compliance with GAAP and GASB standards.
• Serve as the lead liaison to external auditors, coordinating annual audits, preparing required documentation, and ensuring timely resolution of audit findings.
• Monitor, evaluate, and implement new accounting and reporting standards, and update policies, disclosures, and procedures to maintain compliance.
• Maintain and strengthen internal controls, perform reviews and analyses for data integrity, and investigate financial irregularities.
• Provide financial information and problem-solving support to departments, evaluate financial systems, and lead staff training and technology adoption.
• Contribute to development and monitoring of the City's Operating Budget and Capital Investment Program through financial analysis and reporting.
• Conduct research and analysis on financial policy issues, prepare reports, and respond to inquiries from officials, stakeholders, and the public.
• Other duties as assigned.

Performance Standards:
Employees at all levels are expected to work effectively together to meet the needs of the community and the organization through work behaviors demonstrating the City's values. Employees are also expected to lead by example and demonstrate the highest level of ethics.

Supervisory Responsibilities:

Exercises supervision over managerial and professional staff either directly or through subordinate supervisors, as assigned.

Qualifications:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education and/or

Experience:

• Bachelor's degree from an accredited college or university in Accounting, Finance, Economics, Business Administration, or a closely related field is required.
• Minimum of 5 years of related professional experience in areas of technical accounting, auditing, financial reporting, budgeting, purchasing, information systems, cash management, or financial management is required.
• Supervisory experience is required.

Preferred Qualifications:

• Master's Degree from an accredited college or university in Accounting, Finance, Economics, Business Administration, or closely related field is preferred.
• Two or more years of experience in the administration of business/government financial systems and significant supervisory responsibility for professional and support staff is strongly preferred.
• Active Licensure as a Certified Public Accountant (CPA) is strongly preferred.
• Certification as a Certified Public Finance Officer or Certified Government Financial Manager is preferred.

Certificates, Licenses, Registrations:

• Possess and maintain a valid motor vehicle license.

Knowledge, Skills and Abilities:

• Thorough knowledge of accounting, financial reporting, and financial management principles and practices, including generally accepted accounting principles (GAAP)
• Working knowledge of governmental fund accounting, internal control frameworks, and audit processes and standards applicable to municipal governments.
• Ability to make prompt decisions on complex matters and make evaluations concerning day-to-day operations.
• Ability to perform or…