Financial Reporting Manager
POSITION SUMMARY
Why It's a Great Opportunity:
Our team is seeking a governmental accounting professional for the Financial Services Department. Using your experience, you will manage the City’s financial reporting functions including Annual Comprehensive Financial Report (ACFR), Popular Annual Financial Report (PAFR), Council and Board Reports, and other financial statements. The role provides critical support in the City's finance and budget functions, audit coordination, and internal financial reporting. You will also supervise a team of professional and senior accountants responsible for various functional areas including capital assets, inventory, grants, contract compliance, and GASB implementation.
Why It's a Great Department:
Financial Services is a diverse and fast-moving department filled with motivated professionals working to protect, advance, and fairly present the City of Frisco’s financial position. We achieve this by maintaining proper internal controls, recommending sound financial policies, and providing quality customer service. Some of the Financial Services Department’s core responsibilities include accounts payable, payroll, grant management, financial reporting, and the operations of the City’s Municipal Court.
Learn more about Financial Services at www.friscotexas.gov/financialservices
How to be Successful in the Role:
You will report to the Director of Financial Services, whose responsibilities include accounts payable, accounts receivable, payroll, grants, contract compliance, municipal court functions, financial reporting, capital asset and inventory management, and ERP system administration.
You will need to be a subject matter expert in Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) requirements. Your ability to prepare clear, accurate, compliant, and timely financial reports will be essential. You will also need strong leadership skills to manage and develop your team. Communication skills will also play a major role as you will be a critical voice advising executive leadership on financial issues.
Your Future in this Role:
The City of supports individualized training and development including opportunities for training courses and webinars. Any continuing education requirements for applicable certifications are covered at the City’s cost. Membership in local, state, and/or national professional associations is encouraged.
Core Daily Responsibilities:
- Assumes management responsibility for assigned services and activities of the Finance division including financial reporting, revenue & receivables, grants & contracts, inventory and fixed assets functions and various general ledger reconciliations.
- Oversees, manages, and prepares the Annual Comprehensive Financials Report (ACFR), including all schedules and disclosures as required by the Government Finance Officers Association (GFOA’s) Certificate of Achievement for Excellence in Financial Reporting.
- Plans, coordinates, and reviews the work plan for assigned employees to include work activities, projects and programs.
A complete job description with a more detailed list of essential functions can be found here (https://www.governmentjobs.com/careers/friscotexas)
QUALIFICATIONS
Required Knowledge and Skills:
- Knowledge of Governmental Accounting Standards Board (GASB) requirements and Generally Accepted Accounting Principles (GAAP) related to municipal finance administration and program development.
- Knowledge of Federal, State and Local financial policies, laws and regulations, including tax laws.
- Knowledge of accounts payable and accounts receivable, financial reporting and complex general ledger systems.
- Knowledge of computers and related equipment, hardware and software for development and tracking of payroll, accounts payable and receivable, tax preparation and journal entries.
- Knowledge of municipal audit practices and procedures.
- Knowledge of City policies and procedures.
- Skill in effective oral and written communications.
- Skill in tracking, monitoring, and reviewing reports of payroll, annual leave, long and short-term disability, worker’s compensation, health insurance plans, and other ongoing payroll expenditures.
- Skill in planning, developing, and implementing departmental procedures and objectives.
- Skill in effectively supervising and delegating duties to assigned staff.
- Skill in resolving customer complaints and concerns
Preferred Education, Experience, and Certifications:
- Bachelor’s degree in accounting, finance or related field and five (5) years of increasingly responsible accounting experience including three (3) years of administrative and supervisory responsibility in accounting or related function or equivalent combination of education and experience
- Certified Public Accountant (CPA) preferred.
- Preference given to individuals with governmental fund accounting experience.
- Must pass a pre-employment drug screen, criminal background check and MVR check.
- Must possess State of Texas Driver’s License.
SUPPLEMENTAL INFORMATION
Environmental Factors and Conditions:
- Work is performed in an office environment.
- Dedicated workspace with ergonomic chair and optional standing desk
- May be subject to extended periods of intense concentration in the review of fiscal and accounting reports.