Controller, Finance & Banking, Financial Manager

Job Description

This position works under the general guidance and direction of the Chief Financial Officer/Treasurer to formulate, implement and enforce accounting policies, procedures, internal controls and ensure the integrity of the city’s financial operations.

The Controller works independently to develop and provide accurate and timely financial reports for both internal and external users in accordance with GAAP (generally accepted accounting principles) and professional standards. The position under the Chief Financial Officer/Treasurer’s direction is responsible for preparation of documents used in the City’s annual external audit, preparation of the Annual Comprehensive Financial Report (ACFR), and other financial reporting.

This position is given wide latitude in performing the responsibilities and exercising independent professional judgment. This position supports accounting management, internal controls and financial reporting. Manages journal entries, reviews accounting information for accuracy, assists with budgets, forecasting and compliance. Works closely with the Chief Financial Officer/Treasurer to ensure compliance with regulations and accounting guidelines. Oversees the accounting team, enforces internal controls, implements accounting policies, practices and procedures.

Works closely with an external auditing team on completing the financial audit and Annual Comprehensive Financial Report. Manages accounting team work schedules. The job oversees the reconciliation of cash on a daily and monthly basis, and the Treasurer’s Report for Council meetings. The position oversees the development of the annual Service Level Report. This position assists with preparation of the city’s annual budget and budget digest, including assisting with interfund and transfer charges, assisting in the development of salary projections, and training staff on the development of the projection report and presenting information required by City Council.

The job requires attention to detail, the demonstrated ability to conduct detailed financial analysis and prepare periodic financial reports and projections, an attitude of cooperation, and the ability to work harmoniously with all levels of City employees, the general public and other organizations. This job reports to the Chief Financial Officer/Treasurer and provides oversight to other staff in the Chief Financial Officer/Treasurer's absence.

The work is conducted in a general office environment with stable temperatures and a moderate level of noise.

• The Controller is responsible for preparing the Annual Comprehensive Financial Report and the summary schedules with the assistance of staff. Coordinates the conduct of the annual independent audit of the City’s financial records between the City’s staff and the independent auditor and resolves auditor’s requisitions. Plans and executes preparation of the annual comprehensive financial report as required by Government Accounting Standards Board and bondholder covenants.
  
  This process involves all year-end procedures for closing funds in preparation to complete the financial statements. May delegate selected funds to other finance department staff for preparation; the incumbent retains overall responsibility and imposes will on the final product.

• The Controller is responsible for all accountants, overseeing and assisting with their workloads, including but not limited to, training, cross‑training and providing necessary support to all accountants within the Finance Department, under direction of the Chief Financial Officer/Treasurer. They also provide day‑to‑day supervision of the accounting clerks, including involvement in the hiring process, providing employee coaching and feedback, assigning of day-to-day and significant duties, input on disciplining and terminating employment;
  
  exercising independent judgment to direct others’ work and having the authority to take corrective action; and, utilize people skills to communicate, motivate and direct or oversee staff.

• Assists the Chief Financial Officer/Treasurer in the development of the City’s budget, including…