Principal Accountant

Department/Agency of position: 
City of Beverly Hills General Accounting Department
Location of position: 
Beverly Hills, CA
$92,429.04 – $114,832.33 Annually
Date Posted: 
Thursday, January 25, 2018
Closing Date: 
Monday, February 12, 2018
Job Description: 

A Principal Accountant performs high level accounting and payroll work; records and reports financial transactions and budgetary control for assigned funds and city departments; reviews fiscal records and prepares financial reports, statements and analysis. Supervises other Accounting staff as assigned.

What We're Looking For The City of Beverly Hills is seeking an outstanding Principal Accountant with exceptional technical accounting skills to perform a variety of complex accounting duties for the Administrative Services Department's Accounting Division. Additionally, the Principal Accountant may lead or supervise the implementation of accounting related projects and new software modules of the City's ERP system, and therefore should possess strong project management skills, seeing projects through to completion. In addition to being detail oriented and possessing excellent customer service and communication skills, the ideal candidate should be innovative, forward-thinking, and looking for ways to improve processes, and increase efficiencies. This position reports directly to the Accounting Manager.

Selection Process: Candidates who meet the minimum qualifications and whose interests and experience appear to meet the desired qualifications of the position will be invited to participate in the next steps of the recruitment process which will include: • Oral Exam

All applicants will be notified of their status approximately 2-3 weeks after the close of the recruitment.

Conviction History As a finalist for a job, you will be fingerprinted, and your fingerprints will be sent to the California Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI). The resulting report of your conviction history (if any) will be used to determine whether the nature of your conviction (or arrest, in limited circumstances) conflicts with the specific duties and responsibilities of the job for which you are a finalist. Having a conviction history does not automatically preclude you from a job with the City. If you are selected as a finalist, you will be contacted to schedule a fingerprinting appointment.

Conclusion Verification: Applicants may be required to submit verification of qualifying education and experience at any point during the recruitment and selection process. Note: Falsifying one's education, training, or work experience or attempted deception on the application may result in disqualification for this and future job opportunities with the City of Beverly Hills. Disaster Service Workers: All City of Beverly Hills employees are designated Disaster Service Workers through state and local law (California Government Code Section 3100-3109). Employment with the City requires the affirmation of a loyalty oath to this effect. Employees are required to complete all Disaster Service Worker-related training as assigned, and to return to work as ordered in the event of an emergency.

MAJOR DUTIES Some of the major duties include, but are not limited to: • Participates in the preparation, posting, balancing and reconciliation of journal entries, the General Ledger, subsidiary accounts, as well as reviewing related worksheets prepared by s staff. • Controls accounts and funds for various City departments and projects including governmental funds, enterprise funds, clearing funds, revenue, investments and special funds; determine if funds are available and expenditures properly classified; researches and analyzes transactions to resolve budget problems; provides analysis of available funds at management request. • Performs accounting and financial research, analysis and reporting on such types of issues • Monitors financial grant compliance and prepares or reviews grant reimbursement requests • Prepares audit schedules and assists auditors as assigned. • Reviews and prepares accounting work papers, financial statements and various reports for Federal, State, other outside agencies, internal users, and other stakeholders. • Reviews and prepares work papers in compliance with the latest governmental accounting standards to ensure accuracy of information and calculations. Ensures that correcting entries necessary. • Analyzes and prepares reports of fund balances projections and reviews with operating departments. • Reviews and processes payments for various contracts and miscellaneous expenses. • May perform routine payroll tasks such as data entry, data extraction, report production, etc. • May enter, access and account for compensation related data (including benefits) as necessary. • Monitors and reports on the status of State and Federal grants; reviews and audits grant contracts amendments and other documents to insure grant compliance. • Monitors records of City's fixed assets. • Participates in the administration of the City investment program; prepares investment activity summary. • Identifies areas of accounting and internal control procedures within City departments that are in need of improvement. Recommends or implements changes in accounting systems a • Implements emerging accounting and financial reporting standards as needed for ensuring that all City funds are properly accounted. • Assists departmental personnel with budget activity, proper expenditure coding, document preparation and other accounting related activities. • Performs related duties as required.

MINIMUM QUALIFICATIONS • Bachelor's Degree in Accounting, Business Administration or related field. • Two years of increasingly responsible accounting experience comparable to that gained by an Accountant II.