Finance - Finance Accountant in Madisonville, Kentucky at City of Madisonville

TITLE: FINANCE ACCOUNTANT

PURPOSE OF CLASSIFICATION:

The purpose of this classification is to provide an advanced level of professional accounting expertise in accordance with generally accepted accounting principles (GAAP). Employees in this classification also report to the Finance Director. This includes assisting with budgeting and cost control, monitoring and analyzing income and expenses across all funds, disbursing and accounting for City funds according to established policies, providing reports directly related to the disbursement of City monies and reconciling bank activity.

ESSENTIAL FUNCTIONS:

The following duties are normal for this position. The omission of specific statements of the duties does not exclude them from the classification if the work is similar, related, or a logical assignment for this classification. Other duties may be required and assigned.

• Process monthly transfers between funds.
• Prepare reconciliations of bank accounts, credit cards and debit cards.
• Monitor and reconcile inventory accounts.
• Maintain grant related spreadsheets detailing receipts and expenditures.
• Maintain restaurant tax spreadsheets detailing receipts and expenditures.
• Calculate and prepare miscellaneous billing for rent, projects and contracts
• Assist Finance Director in preparing financial reports.
• Assist Finance Director with annual budget preparation.
• Assist Finance Director/Audit Director in reviewing accounts payable invoices prior to payment as needed.
• Assist Finance Director with preparing and filing City Form W-2s, monthly and quarterly payroll tax returns.
• Assist Finance Director in monitoring of tax collections and review of tax submissions.
• Maintain reconciliation of balance sheet accounts.
• Prepare and enter journal entries.
• Provide assistance to Finance Director and Audit Director in preparation of internal financial statements and other accounting projects as needed.
• Maintain worksheets and subsidiary schedules of key accounts and transactions in order to assist external auditors who perform annual financial statement audit.
• Provide assistance to auditors while audit fieldwork is being performed at City Hall.
• Participate in various financial analysis and studies as requested.
• Crosstrain on various financial accounting functions.
• Willingness to assist in financial system transition and assist with training of others throughout the City.

MINIMUM QUALIFICATIONS:

BA/BS in Accounting

Five (5) years of professional experience in accounting, audit, or income tax; or any equivalent combination of education training and experience which provides the requisite knowledge, skill, and abilities for the job. Governmental accounting experience preferred.

A good working knowledge of computer programs including Microsoft Office and financial software is also required.