Job Title

Job Family

Job Code

Job Exempt

Financial Reporting Manager

Non_Bargaining

AFM93

Pay Grade

Pay Rate Type

Minimum

Midpoint

Maximum

NB115

Salary

$39.62

$50.52

$61.42

Job Description

Performs professional accounting and supervisory work in the area of financial reporting with primary responsibility for monitoring a variety of complex funds; preparing financial statements and reports; reconciling accounts; and developing and implementing accounting systems. Reviews, interprets, implements, and ensures compliance with: Governmental Accounting Standards Board (“GASB”) pronouncements, interpretations, and standards; State of Florida Rules of the Auditor General; and federal and State of Florida audit and reporting requirements. Also supervises a small staff of professional and technical employees who perform similar work. Employees assigned to this classification are expected to exercise considerable independent, professional judgment and initiative in: solving complex accounting problems; modifying and/or designing systems and procedures; and coordinating staff to ensure management's financial information needs are met. Work is performed under the direction of the Assistant Controller and performance is reviewed through periodic audits, observations, analysis of statements and reports, and evaluation of results obtained.

Minimum Qualifications:

Bachelor's Degree in Accounting or closely related field plus four (4) years of accounting and financial reporting or auditing experience, three (3) years of which must have been in a governmental entity, two (2) years of which must have been in a supervisory capacity; or an equivalent combination of education, training, and experience. Certified Public Accountant (CPA) Certification required or must be obtained within one (1) year of hire. Certified Management Accountant (CMA) preferred.

Responsibilities

EXAMPLES OF WORK PERFORMED:

Note: The listed duties are only illustrative and are not intended to describe every function that may be performed by this job class. The omission of specific statements does not preclude management from assigning specific duties not listed if such duties are a logical assignment to the position.

Manages the City’s Annual Financial Audit, including issuance of the Annual Comprehensive Financial Report (“ACFR”) and Federal and State of Florida Single Audits in compliance with State of Florida Statutes 218.32 and 215.97, State of Florida Rules of the Auditor General 10.550, and requirements of the State of Florida Department of Financial Services.

Is responsible for the preparation and issuance of the City’s Community Redevelopment Agency (CRA) standalone financial statements in accordance with Generally Accepted Accounting Principles and applicable State of Florida statutes.

Reviews, interprets, and implements GASB pronouncements, interpretations, and state, federal, and local requirements.

Plans, assigns, and reviews the work of professional and technical employees engaged in recording and reporting of financial data.

Provides advice concerning various automated accounting systems and the development of new computer applications for financial management and control.

Monitors and analyzes revenues, expenditures, bond covenants, fund balances, and related financial data for complex funds (e.g. construction management, sewer system, pension, internal service, community development block grants) to ensure compliance with bond agreements, sufficiency and propriety of funding, and applicable laws. Reconciles accounts, resolves problems, and prepares financial and/or statistical reports.

Designs, develops, and implements accounting systems, procedures, and forms to meet management needs, state requirements, and federal regulations; provides technical assistance and training to other City departments regarding fiscal matters, reporting requirements, and accounting policies and procedures.

Reviews and approves pension fund benefit payment computations, monthly reconciliations, and financial and statistical reports. Analyzes funding flows in three pension funds to ensure amounts meet actuarial requirements.

Conducts research studies and provides management with information needed to evaluate and monitor the City's current and projected financial position and compliance requirements.

Instructs employees and City officials on accounting policies and interprets and applies them to various accounting functions.

Supervises and/or participates in the preparation of various audits and implements audit recommendations.

Reviews and approves monthly fuel tax and sales tax reporting.

Serves as a liaison with external financial auditors and coordinates the completion of audit requests with City personnel.

Supervises accounting staff who work in the following areas: Cash, Investments, Debt, Fixed Assets, and Pensions.

Performs other duties as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES:

Knowledge of State of Florida Statutes 218.32 and 215.97, State of Florida Rules of the Auditor General, State of Florida Department of Financial Services, and Federal Single Audit requirements.

Knowledge of governmental Generally Accepted Accounting Principles and of laws, rules, and regulations applicable to municipal governmental accounting, debt issuance, pensions, and budgeting.

Knowledge of existing GASB pronouncements and experience implementing new GASB pronouncements on a proactive basis.

Knowledge of purchasing systems and procedures and knowledge of applicable laws, regulations, procedures, and processes governing the receipt and expenditure of municipal monies.

Some general knowledge of data processing systems related accounting software and an in-depth knowledge of programming opportunities related to fiscal work.

Knowledge of various financial and statistical analysis techniques.

Skilled in the operation of software and office equipment used in conjunction with accounting work.

Skilled in analyzing financial data for trends and/or variances and documenting information for the preparation of regular and special financial and budget reports.

Ability to interpret and apply professional accounting principles and ability to maintain complex sets of fiscal and accounting records.

Ability to supervise the maintenance of complex accounting records.

Ability to prepare a governmental Comprehensive Annual Financial Report.

Ability to identify critical aspects of fiscal problems and create/select alternative solutions.

Ability to perform detail work involving written or numeric data and to make arithmetical calculations rapidly and accurately.

Ability to establish and maintain effective working relationships with City Officials, employees, and representatives of other outside agencies.

Ability to communicate clearly and concisely, both orally and in writing.

ADDITIONAL QUALIFICATIONS FOR PROMOTION: N/A.