City of Madison, WI · 4 hours ago
Accountant 3 or 4 - Water Utility
Madison, WI
Full-time
Onsite
Mid, Senior Level
$86K/yr - $94K/yr
3+ years expThe City of Madison Water Utility is seeking to hire an Accountant 3 and Accountant 4 to manage professional accounting tasks for the utility. The roles involve preparing financial statements, conducting audits, and ensuring compliance with accounting principles while supervising accounting functions and staff.
CommunitiesGovernmentNon Profit
Responsibilities
Perform complex and varied professional Monthly / Quarterly / Annual Accounting and Reporting tasks
Prepare and review various journal entries and work papers
Prepare, review and reconcile general ledger accounts and reports for compliance
Collect data and prepare supporting documents for capital/operating budgets, rate case, PSC annual reports, financial statements, management discussion analysis and footnotes
Prepare various financial reports and budget as needed
Develop, implement, prepare and maintain financial records of the Water Utility
Review and close work orders during year-end process
Review and approve various journal entries, payroll, accounts payable and general billing processes and orders
Assist Finance Unit Supervisor with various year-end processes and audit
Assist Finance Unit Supervisor with various forecast and analysis
Provide general leadership for day-to-day accounting functions of the Water Utility
Train paraprofessional staff in processing Accounts Receivable (AR), Accounts Payable (AP), and miscellaneous accounting functions
Assign tasks as needed to paraprofessional staff
Create Standard Operating Procedures (SOPs) and implement processes
Answer questions and provide information to paraprofessional staff and other City agencies
Perform other duties as required
Develop, coordinate and maintain the day-to-day financial records and operations of the Water Utility, supervise and review or prepare the following tasks
Prepare various journal entries, cash billing receipts and disbursements along with supporting documentation
Prepare annual management discussion analysis, financial statements and footnotes
Administer and coordinate annual audit and year end closure working with independent auditors
Prepare annual Public Service Commission Wisconsin report and necessary work paper support
Prepare annual operating and capital budgets
Prepare monthly financial reports, cost analysis and forecast projections as needed
Prepare Water Rate Application filed with the Public Service Commission with necessary work paper support
Forecast financial impacts of changes in service area, analyze appropriate relevant revenues and expenditures
Maintenance of investment account and work with Finance & Administrative Manger to invest Water Utility funds in conjunction with City Finance
Prepare and coordinate project closeout along with supporting documentation
Supervise Finance section staff
Assign and schedule work for professional and paraprofessional staff
Provide training and development to supervised employees
Perform discipline, performance evaluation, grievance handling and other related supervisor functions to supervised employees
Maintain utility financial forecasting model
Work with Finance & Admin Manager to coordinate the issue of revenue bonds, general obligation bonds and loans with financial advisor, bond counsel and City Finance Department to take advance of market conditions for new bond/loan issues or refinancing opportunities
Evaluate hardware and software for use by the Finance and Customer Service Staff
Work with Finance & Admin Manager and City IT Department to coordinate and implement new hardware and software related to financial, customer information system and meter data management system software
Present financial information to Water Utility Board, Finance Committee, Common Council and Public Service Commission on rates, expenditures, budgets, operating rules and levels of services as required
Perform other duties as required
Qualification
Required
Three (3) years of professional accounting experience in performing financial audits, preparing financial reports, and reconciling reports and records
Associate's degree in Accounting, or a Bachelor's degree in a related program such as finance, including completion of advanced-level accounting major coursework
Two (2) years of professional accounting experience in performing financial audits, preparing financial reports, and reconciling reports and records
Bachelor's degree in Accounting
Four (4) years of experience applying professional accounting theory, principles, and practices
Two (2) years of experience with various accounting systems and their applicability to municipal financial operations
Two (2) years of experience with Public Service Commission of Wisconsin rules and regulations
Four (4) years of professional accounting experience in performing financial audits, preparing financial reports, and reconciling reports and records
Four (4) years of experience with Generally Accepted Accounting Principles and practices
Four (4) years of experience with Public Service Commission of Wisconsin rules and regulations
Four (4) years of experience with computer software applicable to the duties of the position, including accounting systems
Two (2) years of experience with Enterprise Fund accounting systems and their applicability to municipal financial operations
Benefits
Employees may be eligible for loan forgiveness through the Public Service Loan Forgiveness Program.
Company
City of Madison, WI
The City of Madison employs more than 3,000 people who provide services to City residents from the Department of Civil Rights or the Streets Division to the Planning Division and Metro Transit.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Erin Hillson
Chief Human Resources Officer
Rachel Johnson
Chief Administrative Officer - Metro Transit
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