Closing: 1/11/21 11:59pm EST
Hiring Range: $56,732 – $104,954 annually
The Financial Reporting Manager manages the day-to-day activities of the fiscal staff in Finance’s Accounting and Financial Reporting division with duties including staff supervision, overseeing the general ledger for the City, internal and external financial reporting in compliance with Generally Accepted Accounting Principles, and serving as fiscal liaison to our City departments as well as external parties. The Financial Reporting Manager also serves an integral role in discussions surrounding fiscal policies and process improvements. The Financial Reporting Manager reports to the Chief Accountant who leads the Accounting and Financial Reporting division of Finance. The City of Raleigh is looking for a highly competent, results oriented CPA with extensive knowledge of accounting standards, financial reporting, and strong internal control structures. Governmental accounting experience is preferred.
This position manages accounting and financial reporting staff as they conduct the day-to-day fiscal operations for City-wide accounting services and coordinates annual financial reporting requirements.
Duties and responsibilities include:
- Ensure an accurate and timely monthly, quarterly and year-end close process.
- Monitors and adheres to deadlines; coordinates timely reporting of financial information and deliverables due throughout the year to internal departments, external partners, and regulatory agencies.
- Leads and oversees the preparation for Finance’s two major fiscal reports – Comprehensive Annual Financial Report (CAFR) and Citizens Annual Financial Report (PAFR).
- Directs staff as the division audits departmental accounting data, identifies and corrects errors.
- Reviews complex journal entries, financial analyses, reconciliations and accruals to ensure data integrity.
- Collaborates on revisions to accounting policies and procedures, as well as special projects to drive efficiencies in operations and reporting.
- Maintains an understanding of the ERP PeopleSoft accounting system and the interaction of sub-modules. Collaborates on strategic system design decisions involving these financial systems.
- Manages and supports the external auditor relationship for financial and pension audits.
- Stays abreast of and performs research for complex regulations and collaborates with the Chief Accountant in implementing requirements for reporting.
- Provides direction and guidance to department directors, assistant directors and staff on processes, projects and issues within assigned area; provides subject matter expertise to internal and external customers; manages resolution of escalated issues.
- Oversees and administers financial policies and compliance with internal controls, including adherence to City policies and procedures as well as the Accounting and Financial Reporting division’s specific review structure and adopted best practices.
- Supervises staff in the Accounting and Financial Reporting division – directing assignments, conducting performance evaluations, coordinating training, and managing hiring and disciplinary decisions as required.
- Participates in and facilitates meetings in alignment with division’s assigned duties.
- Other duties and Committee appointments as assigned.
Education and Experience
Bachelor’s degree in accounting, finance, business or public administration, five years of professional finance, budget analysis or accounting experience which includes experience with Generally Accepted Accounting Principles (GAAP) and/or public sector accounting and budgeting and two years of supervisory experience.
An equivalent combination of education and experience sufficient to successfully perform the essential duties of the job such as those listed above, unless otherwise subject to any other requirements set forth in law or regulation.
Current certification as a Certified Public Accountant (CPA) required.
- Supervisory principles, practices, and techniques.
- Techniques and methods for organizing, prioritizing, assigning and monitoring work.
- Practices and methods of coaching and leading the work of others.
- Principles and practices of accounting theory, as they apply to a variety of accounting transactions.
- Preparing complex financial statements, supporting schedules, and footnote disclosures.
- Microsoft Excel with at least an intermediate skillset, including knowledge of the use of pivot tables, V-lookup, and formulas.
- Knowledge of internal control frameworks and ability to assess and monitor financial controls.
- Project management principles.
- Best practices, trends and emerging technologies.
- Enterprise-wide software programs (ERP General Ledger and all associated modules)
- Principles and methods of qualitative and quantitative research.
- Principles and applications of critical thinking and analysis.
- Principles and techniques of effective oral presentations.
- Principles and practices of conflict resolution.
- Applicable federal, state and local laws, codes, regulations, as it relates to government accounting.
- Customer service principles.
- Supervising and evaluating staff performance.
- Training and coaching staff.
- Coordinating deadlines, prioritizing work demands and assigning/monitoring work performed.
- Problem solving and decision-making skills, especially as this relates to reactions to unanticipated issues.
- Managing a program or project.
- Overseeing the implementation and adherence to quality assurance and standards.
- Interpreting, monitoring and reporting financial information and statistics.
- Researching industry trends, solutions and best practices.
- Compiling and sorting data and articulating issues and recommendations.
- Authoring and preparing original reports, documents and presentations.
- Developing policies and procedures.
- Facilitating group discussions and building consensus using persuasive reasoning.
- Providing technical guidance, direction, and education to program stakeholders.
- Developing and managing business relations in support of financial management.
- Interpreting and applying applicable laws, codes, regulations and standards.
- Providing customer service.
- Working effectively under pressure, with multiple deadlines and changing priorities.
- Establish and maintain cooperative working relationships with those contacted in course of work.
- Utilizing a computer and relevant software applications.
- Utilizing communication and interpersonal skills as applied to interaction with coworkers, supervisors, the general public and others to sufficiently exchange or convey information and to receive work direction.
ADA and Other Requirements: Positions in this class typically require: fingering, grasping, talking, hearing, seeing and repetitive motions.
Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Working Conditions: Work is routinely performed in an indoor, office environment.
Note: This job classification description is intended to be generic in nature. It is not necessarily an exhaustive list of all duties and responsibilities. The essential duties, functions and responsibilities and Fair Labor Standards Act (FLSA) designation may vary based on the specific tasks assigned to the position.