Accountant ; Gasb

To perform this job successfully, an individual must be able to perform the essential job functions satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary job functions herein described. Since every duty associated with this position may not be described herein, employees may be required to perform duties not specifically spelled out in the job description, but which may be reasonably considered to be incidental in the performing of their duties just as though they were actually written out in this job description.

This position performs specialized accounting work in compliance with GASB 87 and 96 leases, contract accounting, utility accounting, and general accounting functions. Responsible for managing lease and contract reporting requirements, utility sales and transaction analysis, year-end reporting, audit preparation, and providing technical accounting guidance across multiple accounting functions.

• Creates, updates, analyzes, and processes accounting transactions; analyzes financial transactions; provides accounting guidance; communicates financial information; records adjusting and corrective journal entries; assists departments with financial questions, training, and systems integrations.
• Analyzes ledger accounts, prepares reconciliations, and balances assigned general ledger accounts.
• Assists with annual audit work papers, ACFR schedules, auditor requests, and assigned financial reporting.
• Maintains, prepares, verifies, and confirms GASB 87 and 96 leases and contracts in using the City’s accounting systems.
• Identifies contracts requiring financial reporting and maintains contract software for year-end reporting.
• Maintains electronic contract files for contracts not requiring financial reporting.
• Extracts monthly utility transactions from utility software systems and supports related reconciliations.
• Prepare monthly utility sales reports and maintain utility analytical spreadsheets.
• Assists with reconciliation and data management for utility rate modeling software.
• Analyzes, compiles, evaluates, and reviews information for internal and external reports.
• Supports Accounting Manager with reporting analysis, special projects, project implementation coordination, and key financial ratio analysis.
• Performs other related job duties as assigned.

• Bachelor’s degree from an accredited institution.
• One (1) year’s experience in a related field of work.
• Or an equivalent combination of education and experience.

Ability to be bonded.

• Knowledge of financial accounting and specialized accounting requirements for government entities.
• Knowledge of Governmental Accounting Standards Board guidelines.
• Knowledge of the Governmental Accounting, Auditing, and Financial Reporting model.
• Knowledge of internal financial controls.
• Knowledge of accounting principles.
• Knowledge of computerized financial software.
• Knowledge and ability to use Microsoft Word and Excel at an advanced level.
• Skill in analyzing complex financial problems and identifying solutions.
• Skill in preparing clear and accurate reports.
• Skill in establishing cooperative and productive working relationships.
• Skill in setting priorities for competing projects with established deadlines.
• Skill in performing complex mathematical calculations.
• Skill in operating computers and other standard office equipment.
• Skill in interpersonal relations.
• Skill in oral and written communication.

The General Accounting Supervisor assigns work in terms of general instructions. The supervisor spot-checks completed work for compliance with procedures and the nature and propriety of the final results.

Guidelines include Generally Accepted Accounting Principles;
Governmental Accounting Standards Board guidelines;
City ordinances and administrative policies; various federal and state requirements; auditing standards; the Machinery Act of North Carolina; local government rules and regulations; state statutes; the City Personnel Policy Manual; the Fair Labor Standards Act; and the Internal Revenue Code. These…