Controller, Finance & Banking, Financial Reporting

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 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 has wide latitude in performing the responsibilities and exercising independent professional judgment, and supports accounting management, internal controls and financial reporting. It 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 ACFR, manages accounting team work schedules, oversees the reconciliation of cash on a daily and monthly basis, and the Treasurer’s Report for Council meetings.

It also oversees the development of the annual Service Level Report, assists with preparation of the city's annual budget and budget digest, including interfund and transfer charges, assists in the development of salary projections, and trains 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 their 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, resolves auditor’s requisitions, plans and executes preparation of the annual comprehensive financial report as required by Government Accounting Standards Board and bondholder covenants.
• The Controller is responsible for all accountants, oversees and assists with their workloads, provides training, cross‑training and necessary support to all accountants within the Finance Department, and at the direction of the Chief Financial Officer/Treasurer. They also provide day‑to‑day supervision of the accounting clerks, including hiring, coaching, feedback, assignment of duties, disciplinary input and termination decisions, and exercise independent judgment to direct others’ work.
• Assists the Chief Financial Officer/Treasurer in the development of the City’s budget, including building and maintaining the personnel budget database, compiling and analyzing financial data, creating reports for publication, and assisting in developing budget instructions and formats.
• Conducts detailed financial analysis of budgeted and actual citywide or departmental costs and revenues on behalf of city departments and/or other budget staff, performs complex cash reconciliation for multi‑fund/multi‑bank accounts, creates inter‑fund and transfer charges, creates budget worksheets (e.g. the budget digest), and financial information reports for service‑level reports. Produces the salary projection report, oversees bookkeeping and any audits under the direction of the Chief Financial Officer/Treasurer.
• Assists departments with budget preparation,…