Principal Accountant Job Santa Fe Springs area,California USA,Finance & Banking

Position: PRINCIPAL ACCOUNTANT

The City of Santa Fe Springs Finance Department is seeking a highly-motivated individual for the position of Principal Accountant
.

PLEASE NOTE:

Recruitment is scheduled to close on Wednesday, February 26th at 5:00p,m. As such, interested Candidates are encouraged to apply early.

Employment Type

Full-time position represented by the City of Santa Fe Springs City Management and Confidential Association.

Work Schedule

The Principal Accountant is assigned a 4/10 work schedule between the hours 7:30 am – 5:30 pm.

POSITION PURPOSE

Under general supervision, participates in difficult and advanced professional accounting duties involving the analysis, preparation and maintenance of major financial records and statutory reports; advises department management on financial matters and will serve as a primary liaison with external auditors.

SUPERVISION RECEIVED

Receives general supervision from the Director of Finance or designee.

SUPERVISION EXERCISED

Exercises direct supervision over professional, technical and support staff.

EXAMPLES OF DUTIES AND RESPONSIBILITIES

A. Held in Common

Supports the Mission of the City and its Elected and Appointed Officials.
Provides courteous and timely service to the public as the ultimate employer.
Works cooperatively with other City employees.
Exhibits integrity and displays ethical behavior.

B. Essential Job

Specific Duties

Trains accounting staff in the proper application of accounting standards and procedures; reviews and approves account numbers, journal entries, and other transactions.

Prepares, reviews and reconciles general ledger, journal ledger, subsidiary accounts, bank statements, invoices and other accounting transactional reports to include Special Revenue and Capital Projects.

Completes and reviews various State and Federal financial and grant reports and accounting transactions; coordinates with recipient departments and manages corresponding accounts.

Prepares City's State Controller's Report; prepares Redevelopment Agency's State Controller's Report; completes financial section of Housing and Community Development Report; prepares statistical section of the CAFR report; prepares all necessary schedules and spreadsheets for consultant to prepare annual AB1600 report.

Prepares Statement of Indebtedness for the Redevelopment Agency and the Component Unit Financial Statement; accounts for Redevelopment Agency's term loans and debt issues; maintains schedules for various City and inter-fund loans; makes journal entries as necessary.

Prepares cash flow reports and analyses for the City or particular types of capital projects; estimates and prepares division budget and debt service budgets on debt issues, revenue projections, and various financial statements.

Completes accounting analyses for various Redevelopment Agency agreements and reconciles tax receipts; calculates annual AD and CFD tax roll assessments and prepares required documentation; oversees property tax receipts and reports from the county; prepares cash distributions and correspondence for tax adjustments; reviews correspondence and spreadsheets relating to assessment delinquencies.

Administers City's and Redevelopment Agency's bond issues by maintaining amortization schedules for debt service payments, arbitrage calculations, and reserve requirements; prepares analysis for bond calls, bond closings, and related correspondence; maintains spreadsheets for formation deposits and cost of issuance.

Provide highly responsible and complex administrative support to the Director of Finance in the areas of finance, accounting, budgeting, treasury, and debt administration.

Ensures compliance with legal record keeping requirements according to accepted accounting procedures; ensures that accounts receivable, accounts payable, and payroll transactions are verified, processed, and recorded; manages the City’s water utility billing and financial systems.

Assist in preparation of financial reports including the Annual Comprehensive Financial Report (ACFR), City budgets and various annual and special reports in compliance with federal, state and local laws, rules and regulations.

Ensures fulfilling of state and federal financial…


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