Job Description:

Accounting Manager II

Purpose:

This position is responsible for the management of a section of professional and staff accountants, providing high-level accounting services, and maintaining financial accounting records and reports within the Utility and/or Corporate Accounting function.

Duties, Functions and Responsibilities:

Essential duties and functions, pursuant to the Americans with Disabilities Act, may include the following. Other related duties may be assigned.

• Oversees the preparation of periodic internal and external financial statements, supporting schedules, related notes, and periodic reports to regulators to ensure accuracy and compliance with generally accepted accounting principles and regulatory requirements.
• Oversees the City-wide coordination of year-end close, audit plans, schedules, and workpapers in preparation of the annual external audit, including preparation of the City's Comprehensive Annual Financial Report (CAFR), Schedule of Expenditures of Federal Awards (SEFA), Schedule of Expenditures of State Awards (SESA), and other regulatory required reports.
• Provides oversight and assistance to internal and external department financial staff through review and evaluation of financial and accounting transactions, documents, statements, financial summaries, studies, and periodic reports.
• Provides expert assistance to departments and other customers in designing automated or manual systems, implementing internal controls and accounting/reporting procedures, designing/preparing special reports, and interpreting financial data.
• Ensures that financial transactions are processed in accordance with Generally Accepted Accounting Principles (GAAP), City policy, applicable laws and regulations, and sound business practices.
• Explains City policy and procedures to auditors and regulators and resolve audit differences.
• Formulates Citywide and departmental polices and operating procedures; provides leadership and training to departmental financial staff and management.
• Manages the issuance of debt and ensure transactions are recorded in accordance with GAAP; including long term, short term, and refundings. Oversee/ provide assistance in the development of the Official Statement, rating agency materials, and debt schedules. Calculate/ monitor debt related ratios.
• Plans methodology, scope of various projects and program activities.
• Conducts statistical analysis and writes technical reports summarizing project findings.
• Evaluates program effectiveness and efficiency to meet the organization's business goals.
• Researches special topics, including new accounting standards, and prepares white papers, reports, and/or presentations of implementation recommendation and guidance to management and staff.
• Develops work plans to achieve section goals, including management of the monthly and annual close cycles, general ledger and bank account reconciliations, and financial statement preparation.
• Projects cost/revenue forecasts to determine utility rate requirements.
• Conducts routine fiscal reviews; develops and reviews financial indicators and fiscal impact statements.
• Analyzes market and economic conditions.
• Manage derivative accounting section and oversee regulatory accounting processes.

Responsibilities - Supervisor and/or Leadership Exercised:

Responsible for the full range of supervisory activities including selection, training, evaluation, counseling, and recommendation for dismissal.

Knowledge, Skills, and Abilities:

Must possess required knowledge, skills, abilities, and experience and be able to explain and demonstrate, with or without reasonable accommodations, that the essential functions of the job can be performed.

• Knowledge of the preparation process of financial statements in conformity with generally accepted accounting principles.
• Knowledge of accounting practices and financial reporting concepts.
• Knowledge of preferred business practices.
• Knowledge of manual and automated financial systems.
• Knowledge of the concepts for review and evaluation of internal control systems and auditing procedures.
• Knowledge of supervisory and management theory and techniques.
• Skill in analyzing, preparing, reviewing, and balancing routing fiscal transactions and general ledger accounts.
• Skill in managing large volumes of numerical data.
• Skill in analyzing/ interpreting complex financial data and proposing viable solutions.
• Skill in effective oral and written communication.
• Skill in resolving problems or situations requiring the exercise of good judgment.
• Skill in the application of cost benefit analysis, present value theory, and computer fundamentals.
• Skill in determining needs, gathering, analyzing, and presenting data to provide accurate information for management use.
• Skill in anticipating and accurately predicting the results of alternate courses of action.
• Skill in compiling division reports.
• Skill in preparing accurate and complex financial statements.

Minimum Qualifications:

• Graduation with a Bachelor's degree from an accredited college or university with major course work in a field related to accounting, which included twenty-four (24) semester hours in Accounting, plus six (6) years of accounting experience, one (1) year of which included a lead capacity and (1) year of which included a managing capacity.
• Graduation with a Master's degree in Accounting or Business Administration, or a five (5) year Accounting degree, may substitute for one (1) year of accounting experience requirement.

Licenses and Certifications Required:

Certified Public Accountant.

Preferred Qualifications:

• Experience managing and developing employees, including supervising professional accounting staff.
• Experience preparing and reviewing complex, consolidated financial statements.
• Experience serving as the primary point of contact for external auditors and successfully resolving audit findings and recommendations.
• Experience managing grant accounting and financial reporting, including compliance with federal and state grant requirements.
• Thorough knowledge of financial reporting in accordance with Generally Accepted Accounting Principles (GAAP), preferably within a governmental environment.
• Ability to travel to more than one work location

Notes to Candidate:

Position Overview:

The Accounting Manager II leads the Governmental Accounting Group within the Austin Financial Services Department. This position provides leadership and oversight for a team of nine employees, including two Accounting Manager I positions that report directly to this position. The Accounting Manager I positions supervise a team of seven accountants responsible for the City's Governmental accounting and financial reporting functions. This role is responsible for managing the accounting and financial reporting for the City's Governmental, Internal Service, Fiduciary, and Permanent Funds, ensuring accurate and timely reporting in the City's Annual Comprehensive Financial Report (ACFR). The position also oversees the City's Single Audit, grant accounting, and grant financial reporting activities. The Accounting Manager II serves as a key liaison with internal and external auditors and provides leadership in resolving complex accounting and audit issues.

Pay Range:

$97,450.00 - $125,200.00

Hours:

Monday - Friday; 8:00 a.m. to 5:00 p.m.

Telework opportunities may be available after an initial training period. Work schedules are implemented to meet the requirements of the department and are subject to change based on business needs.

Staff eligible to telework must be in the office for at least 60% of their scheduled work week.

Location:

Town Lake Center, 721 Barton Springs Rd. Austin, TX 78704

Application Details:

• A detailed, complete COA employment application is required. It helps us to better evaluate your qualifications and will be used to determine your salary if you are selected for this position.
• Please be sure to detail on the application all previous employment that you wish to be considered as part of your qualifications.
• For each position, please describe your specific experience as it relates to the minimum and preferred qualifications.
• A cover letter is required. In the cover letter candidates should describe, in concise detail, their interest in this position and highlight any prior experience that is relevant to this position.
• A résumé is also required, but will not substitute for a complete COA employment application. Resumes are not accepted in place of a completed online application. It is the responsibility of the applicant to provide the detailed and relevant work experience, which would qualify them for the position.
• When completing the City of Austin employment application, the work experience listed must include a month, year, and a verifiable Supervisor or Human Resources phone number.
• Incomplete applications will not be considered.
• Each individual who submits an Application as provided in the Municipal Civil Service Rules and meets the Minimum Qualifications for a Competitive Position shall be considered a Candidate for that Position. Employees, in Good Standing, who are candidates within the Department or division that the Position resides in and who meet the Minimum and Preferred Qualifications (if any) of the Position will be included in the initial interview.
• Use of AI is strictly prohibited to respond to the application and during the interview process.
• Please be aware that the Job Posting Close Date reflects the final day to apply, but the posting will close at 11:59 PM the day before the date listed. All application steps, including attachments and submission, must be fully completed before that time.

Additional Details:

• Austin Financial Services may close this job posting at any time after it has been advertised for seven (7) days, please apply as soon as possible if interested.
• This position may require a skills assessment.
• If you are identified as a top candidate, verification of your education, which may include High School graduation or GED equivalent, undergraduate and/or graduate degrees, will be required.
• This position will require a pre-employment Criminal Background Investigation (CBI).
• If you are selected as the top candidate for a position, we may contact your current and former employer.
• If you are identified as a top military candidate or a veteran, you must provide a copy of your DD-214.

Travel:

If you are selected for this position,and meet the Driver Safety Standards in the City of Austin Driver Safety Program, you may drive when necessary to multiple locations as part of your regular job duties. Otherwise, you are responsible for getting to and from these locations.

90 Day Provision for Additional Vacancy:

When the same or an additional vacancy occurs within a department in the same job title within 90 days after the start date of the top candidate, the hiring department may offer the additional position to another candidate from the same candidate pool.