Director, Financial Reporting

Job Description

General Description and Classification Standards

Manages the financial reporting function. Manages finance team to oversee the Department of Finance’s financial reporting processes, implementation of Governmental Accounting Standards Board (GASB) pronouncements, maintenance of one or more accounting systems: journal entries, general ledger etc. in accordance with GAAP policies and procedures. Works on issues of diverse scope where analysis of data requires evaluation of a variety of factors.

This is a high level of strategic and operations management reporting to a top department executive or a department deputy. Position manages a primary function of the department and recommends operating policy and procedure subject to department executive approval. This level would be expected to manage either a varied array of professionals and manager. This is NOT a routine promotional level and the specific justification for classification at this level must be documented.

Responsibilities

Supervision Received

Direction received is very general and focuses more on long-term and short-term operating objectives. This is a policy-advisory level of management and would be considered “middle" management.

Essential Duties & Responsibilities These are typical responsibilities for this position and should not be construed as exclusive or all inclusive. May perform other duties as assigned.

• Manages the financial reporting processes in accordance with GAAP policies and procedures and the day to day operations.
• Implements Governmental Accounting Standards Board pronouncements.
• Designs operational procedures and processes that meet audit standards and improves efficiency.
• Ensures integration of data produced into systems and supports objectives of financial analysts.
• Ensures the accurate compilation, analysis and reporting of accounting data and revenue.
• Participates in annual audits and special projects.
• Works with external consultants and auditors to provide required information and ensure record keeping for historical purposes.
• Develops organizational structure and selects, develops and manages staff.
• Establishes internal processes, interprets and applies organizational policies.
• Provides input into policy and strategy.
  
  

Decision Making

Selects from multiple procedures and methods to accomplish tasks. May make purchasing or resource allocation decisions within organization guidelines. Applies organizational policies. May interpret organizational policies and recommend exceptions. Policy advisory level of management.

Leadership Provided

Has formal supervisory authority over work group of subordinate managers or group of professionals to include discipline, performance management, scheduling, training, etc.

Knowledge, Skills & Abilities This is a partial listing of necessary knowledge, skills, and abilities required to perform the job successfully. It is not an exhaustive list.

• Strong knowledge of general accounting principles and GAAP guidelines.
• Strong knowledge of Excel spreadsheet modeling.
• In depth knowledge of City operations and systems.
• Strong leadership and management skills.
• Strong planning, organizational and presentation skills.
• Skill in the use of Microsoft Office, accounting software, and financial databases.
• Ability to analyze situations or data requiring an in-depth knowledge of selecting methods, techniques and evaluation criteria for obtaining results.
  
  

Qualifications

Minimum Qualifications – Education, Experience and Licensure

• Bachelor’s degree in finance or accounting (Equivalent professional experience may be considered for substitution for the required degree on an exception basis).
• 8-12 years of accounting experience and demonstrated management experience.
• CPA Designation.
  
  

Preferred Education & Experience

Master's degree in finance or accounting (Equivalent professional experience may be considered for substitution for the master’s degree on an exception basis) and 6-8 years of professional accounting experience, including 4-6 years of management experience.