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City of Norfolk, VA · 4 days ago

Accountant IV

Norfolk, VA

Full-time

Onsite

Mid, Senior Level

$63K/yr - $84K/yr

3+ years exp

The City of Norfolk, VA is seeking an Accountant IV in their Budget and Accounting Division. The role involves performing various financial and accounting reporting functions in accordance with US GAAP, maintaining the integrity of the accounting system, and preparing annual budgets.

CommunitiesGovernmentNon Profit

H1B Sponsor Likely

Responsibilities

Prepares financial reports, including preparation of monthly and annual financial reports and historical financial statements of the Department. Also prepares budget reports and analyzes variances with actual amounts. In addition, prepares complex work papers, assists independent auditors in reviewing financial information, and assists financial consultants with the Department's rate studies and true-up analysis

Assists in monitoring debt management by calculating the debt service, ensuring that debt service, grants and special projects are paid in accordance with bond covenants and contracts. Prepares and maintains records to ensure all outstanding debts, grants, and special projects are properly accounted for. Assists management with Department's financial policies compliance

Performs general accounting tasks by resolving issues with subsidiary ledgers, preparing monthly reconciliations and related calculations, preparing general ledger adjustments, and providing assistance to support staff in reconciling accounts

Maintains fixed assets records for the Department and ensures proper recording of fixed asset transactions in accordance with U.S. GAAP

Prepares cash flow projections to assist management in making decisions regarding operating and capital outlay for the Department on an ongoing basis

Performs other duties by drafting, reviewing and recommending approval for Department's ordinances, reviewing Department contracts, approving payment documents and pay advances, and providing technical assistance to various personnel

Managerial responsibilities include monitoring program and budget activity for various projects, coordinating project activity with other personnel and prioritizing work to meet deadlines. Oversees preparation of Department's budget and reviews and approves expenditures of significant budgeted funds for the Department and may research and prepare recommendations for Department-wide budget expenditures

Work requires functioning as a lead worker performing essentially the same work as those directed, and includes overseeing work quality, training, instructing, and scheduling work

Qualification

US GAAPFinancial reportingBudget preparationDebt managementGeneral accountingFixed assets managementTechnical assistanceVariance analysisTeam leadership

Required

Bachelor's degree or equivalent in a general professional or technical field

Three years of experience in accounting within a local government, nonprofit organization or related industry; or an equivalent combination of education and experience

Knowledge of US GAAP

Ability to prepare financial reports, including monthly and annual financial reports and historical financial statements

Experience in preparing budget reports and analyzing variances with actual amounts

Ability to prepare complex work papers and assist independent auditors

Experience in monitoring debt management and ensuring compliance with bond covenants and contracts

Ability to perform general accounting tasks, including resolving issues with subsidiary ledgers and preparing monthly reconciliations

Experience in maintaining fixed assets records and ensuring proper recording of fixed asset transactions

Ability to prepare cash flow projections

Experience in drafting, reviewing and recommending approval for Department's ordinances and contracts

Ability to oversee preparation of Department's budget and review and approve expenditures

Experience in functioning as a lead worker, overseeing work quality, training, instructing, and scheduling work

Company

City of Norfolk, VA

Norfolk, Virginia is a city of over 247,000 residents and more than 100 diverse neighborhoods.

Founded in 1682

Norfolk, Virginia, USA

5001-10000 employees

https://www.norfolk.gov

H1B Sponsorship

City of Norfolk, VA has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

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