Principal Accountant
- Sets, maintains and reconciles a variety of ledgers, registers, journals and other records necessary for the accounting activities of the assigned unit.
- Prepares and reviews a variety of complex fiscal and statistical reports, memoranda and correspondence as requested by City departments.
- Encourages procedural revisions to facilitate record keeping processes and assists in implementing changes related to revised laws and regulations.
- Reviews documentation submitted for accuracy and conformance to legal and procedural requirements.
- Develops cost accounting tools to provide fiscal accountability and grant compliance for grant-funded programs; reviews and approves financial transactions and analysis for projects.
- Perform other related duties.
Knowledge of:
- Generally accepted governmental accounting and auditing principles and practices (GAAP) as applied to complex funds of all types.
- Relevant State and Federal law and regulations.
- Principles of financial administration, including budgeting, financial reporting, data administration, and purchasing.
- Modern office practices, procedures, methods and equipment.
- Cash handling practices.
Ability to:
- Analyze and interpret financial and accounting records.
- Prepare financial statements reports according to GAAP.
- Design and install new and improved complex accounting and record keeping systems, both manual and computer- based.
- Establish and maintain effective working relationship with all levels of staff and management throughout the City, and with external auditors.
- Communicate effectively, both verbally and in writing.
- Plan, assign, and lead the work of subordinates.
Skill In:
- Preparation and documentation of complex accounting transactions.
- Use of computers, computer applications, and software, and accounting-related software.
- Identification and implementation of internal controls.
EDUCATION AND EXPERIENCE:
Any combination of education and experience that would provide the required knowledge, skill and ability outlined above is qualifying. A typical way to obtain such knowledge, skill and ability is:
- A Bachelor's degree from an accredited four-year college or university with major course work in accounting or business administration is required AND
- Five (5) years of increasingly responsible professional accounting experience, preferably working in government or with government clients including preparation or auditing of certified financial statements. CPA license is desirable.
- A Master’s Degree in finance, accounting, or business administration or a CPA may be substituted for one-year of experience.
- Possession of a valid Class C California Driver's License is required.