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Town of Fairfield, CT · 1 month ago

Senior Accounting Administrator and Analyst

Fairfield, CT

Full-time

Onsite

Mid, Senior Level

4+ years exp

The Town of Fairfield is seeking a Senior Accounting Administrator and Analyst to perform highly advanced financial analysis and regulatory work under the direction of the Chief Financial Officer. The role involves assisting various departments with financial data collection, analysis, and reporting, while also recommending actions to resolve financial issues and supporting strategic planning efforts.

CommunitiesGovernment

Responsibilities

Analyzes financial statements to evaluate investment opportunities

Analyzes market trends, industry benchmarks, and competitive landscape to provide recommendations for strategic financial planning

Consolidates and analyzes financial data (budgets, income statement forecasts etc.) taking into account Town operations and financial standing

Develops forecast models based on comparative performance metrics, conducts benchmarking, processes analysis and implements improvements

Develops internal controls and oversees record retention projects for the Finance department

Ensures compliance with financial regulations and maintaining the integrity of financial data

Evaluates and mitigates financial risk of providers of third-party financial instruments, including banks, insurance companies, and sureties

Monitors financial status by comparing datasets with projections

Oversees the administration of financial processes and systems developed to oversee financial or regulated entities

Participates in the development and implementation of budgets; tracks and makes financial budget projections by conferring with other Town-wide departments to validate revenue assumptions for utility rates and consumption estimates, fines, fees, and other revenue streams as assigned

Performs monthly/quarterly/annual journal entries and reconciliations

Performs variance analysis to identify discrepancies between budgeted and actual financial results, providing recommendations for corrective actions

Prepares and translates financial data to structure detailed budget reports, creates charts, graphs and tables on financial status, potential risks or opportunities

Reconciles transactions by comparing and correcting data

Reviews and evaluates contracts for compliance with department policies and procedures

Performs related duties as required

Qualification

Financial analysisGAAP knowledgeBudget managementFinancial modelingData analysis toolsFinancial reportingEDP systemsOral communicationWritten communicationInterpersonal skillsLeadership

Required

Bachelor's degree from an accredited college or university with major study in the field of finance, accounting, economics, business administration or related field

Four (4) years of experience working in a combination of fiscal/administrative functions (e.g., accounting, accounts examining, budget management, grants administration, personnel, payroll, purchasing) at least one (1) of which must be an accounting function

A Master's degree in public administration, business administration, or accounting may be substituted for one (1) additional year of experience

Incumbents in this class may be required to possess and retain a valid Motor Vehicle Operator's License

Incumbents in this class may be required to travel

Considerable knowledge of accounting principles, standards and techniques, cost analysis and reduction and cash flow management

Considerable knowledge of GAAP and IFRS accounting principles

Considerable knowledge and ability to apply principles and practices of public administration with special references to governmental budget management and governmental accounting

Considerable knowledge and ability to apply relevant state and federal laws, statutes and regulations

Considerable knowledge of and ability to apply management principles and practices

Considerable knowledge of and ability to apply principles and procedures of personnel, payroll, purchasing, grant administration and contract administration

Knowledge of governmental finance, municipal debt and the laws and regulation governing municipal finance

Considerable skills in data analysis tools

Considerable oral and written communication skills

Considerable interpersonal skills

Leadership skill and ability to manage and develop finance teams

Skill in financial modeling, forecasting and diagnosis, and information analysis, to support financial planning and decision-making

Skill in budgeting and accurate forecasting

Considerable ability in preparation and analysis of financial and statistical reports

Ability to develop and implement financial policies and controls

Ability to establish and maintain effective working relationships with employees, elected officials, superiors, subordinates and the public

Ability to interpret complex financial data and transform it into understandable and actionable information

Ability to utilize EDP systems for financial management