OMB Accounting Coordinator

Summary Objective

The purpose of this position is to review the preparation of financial reports and reconciliation of accounts and evaluates compliance with Generally Accepted Accounting Principles (GAAP) for governmental entities, as well as Metro financial administration policies and procedures and recommends modifications. This class works under administrative supervision, developing and implementing programs within organizational policies and reports major activities to executive level administrators through conferences and reports.

• Supervises, directs, and evaluates assigned staff, processing employee concerns and problems, directing work, counseling, disciplining, and completing employee performance appraisals.

• Coordinates, assigns and reviews work and establishes work schedules; maintains standards; monitors status of work in progress; inspects completed work assignments; answers questions; gives advice and direction as needed.

• Analyzes and monitors financial activity and approves interim and annual financial statements for related agencies, nonprofits, trusts, and foundations, and Metro account reconciliations.

• Ensures that accounting work papers, reports, and schedules are sufficient to document basis for conclusions, accounting, and financial reporting in compliance with professional standards, GAAP, relevant laws/regulations, and contractual obligations.

• Reviews accounting policies and procedures and recommends modifications.

• Prepares correspondence and documents and completes special projects.

• Compiles and prepares financial information, reconciliations and work-papers in response to audit requests.

• Reviews, approves, and provides technical assistance for reconciliations of general ledger balance sheet accounts including cash, investments, accounts & loan receivables, capital assets, payroll liabilities, and reserves.

• Reviews interim financial statements and provides technical assistance for staff preparation of financial reports for trusts and related nonprofits and foundations.

• Recommends policies and procedures for capital asset management, audits of departmental inventories, and coordinates fixed assets, prepares reports and oversees general fund appropriation disbursements.

• Analyzes balance sheet accounts and prepares year-end closing adjustments for significant accruals including revenue accruals, receivable and loan loss reserves, capital assets, eliminations and transfers, and debt service.

• Provides coordination and technical assistance for processing of closing year-end books and post-closing financial reporting adjustments.

• Coordinates and prepares financial reports for component units in accordance with Generally Accepted Accounting Principles and Governmental Accounting Standards.

• Reviews and monitors accounting and reporting for debt service funds, including analysis of related premiums, discounts, refunding, and debt management functions and recommends policies and procedures for debt administration.

• Recommends policies and procedures for petty cash management and coordinates periodic audits of departmental petty cash funds.

• Reviews daily account balance reports and monitors reconciling items to identify significant discrepancies in transaction accounting and reporting.

• Reviews and approves monthly sales tax reporting and approves requests for tax payments.

• Monitors accounting and reporting for subdivision development performance bond funds.

• Reconciles inventory and general ledger accounts for surplus property and coordinates reporting with Business Administration.

• Reviews and analyzes property tax, occupational tax, and other significant revenue accounts.

• Audits, analyzes, and approves accounting transactions for accuracy and compliance with GAAP and Governmental Accounting Standards.

• Researches, collects, and analyzes financial data for departmental financial analysis including CFO, budget, component units, related agencies, and other internal departments.

• Performs related work as assigned.

• Bachelor’s Degree in Accounting, Business Administration, Economics, Finance or related discipline.

• Five (5) years of finance,…