DESCRIPTION OF WORK: Position Definition: Plans, organizes and oversees the City's general accounting system, treasury activities, payroll system and investment program; and prepares revenue and expenditure information for the Board of Finance, Mayor and the Common Council. Performs all duties as prescribed by City Charter.
Example of Duties: Receives oral and written instructions from the Director of Finance. Plans work according to fiscal year schedule. Establishes priorities in organizing and supervising work in the functional areas of accounting, financial planning, grant accounting and reporting and treasury duties. Maintains and supervises the general accounting system as prescribed by Charter, state and federal regulations and according to generally accepted accounting principles. Coordinates revenue and expenditures of all City funds and account groups. Supervises and administers the City's investment program, including investment strategies for various funds. Coordinates investment and borrowing strategy with the Board of Estimate, Mayor and Common Council. Prepares narrative, statistical and technical information to assist in executive fiscal decision making. Provides cash management of City funds. Prepares financial information for bond offerings. Attends legislative and executive meetings as requested. Confers with banking and investment personnel as needed. Confers with and reviews the work products of external auditors. Supervises and trains accounting and clerical staff. Administers personnel policies and collective bargaining agreement for department employees. Reports work accomplished to the Director of Finance. Provides fiscal consultation to the Mayor, Board of Estimate and City departments. Assumes responsibility for department in the absence of the Director. Oversees the administration of new accounts. Provides fiscal management of grants. Assists appointed auditors by compiling necessary statistical and related program information. Oversees contracted financial services. Reviews technological methods and equipment to update as needed. Operates computer terminal and office equipment.
The above description is illustrative of tasks and responsibilities. It is not all-inclusive of every task and responsibility.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES: Thorough knowledge of GAFFR and generally accepted accounting principals. Thorough knowledge of municipal accounting principles and practices. Connecticut Public Accounting experience preferred. A working knowledge of financial planning and investment strategies. Ability to oversee and maintain a complex automated accounting system. Ability to interpret and enforce Charter, state and federal regulations relative to financial matters. Ability to prepare detailed financial information in clear, concise and non-technical terms. Ability to deal effectively with Bond Counsel, Auditors, Bank Officials, the public and staff members. Ability to train and supervise professional and clerical staff members. Ability to utilize data processing equipment.
MINIMUM QUALIFICATIONS: Bachelor's degree in Accounting, Business Administration, Economics, or some closely related field, with six or more years of progressively responsible experience in public financial management, including two years of supervisory experience.
SPECIAL LICENSES/CERTIFICATIONS AND/OR SUPPLEMENTAL INFORMATION: This position is a Grade 10. Starting Salary: Depending on qualifications.