Description
The Department of Finance provides centralized structure and support for the City of Norfolk, to include: financial reporting; debt; payroll; procurement; risk management; fiscal systems support; accounts payable; collections; business process improvement; and retirement.
Finance’s Financial Reporting Division is responsible for facilitating the City’s annual external audit, preparing the City’s Annual Comprehensive Financial Report (ACFR), and maintaining the integrity of the City’s general ledger accounting system.
Through the provision of assistance and guidance, the Department of Finance is positioned to interact with just about every City department and is a great place to build a career.
We work hard, but we also have fun and take care of our greatest resource, our people.
This position will work independently and assist with critical tasks such as preparing complex and detailed reconciliations (for example fund, bank, investment, and grant), performing high-level analyses, tracking and reporting a variety of activities, and ensuring compliance with federal, state and local requirements.
The position will also be heavily involved in external audits.
The position will work as part of a collaborative team, support the Senior Accounting Manager and the City Controller, and communicate regularly and effectively to promote stable financial operations.
Overtime may be required during high volume periods and in conjunction with federal and state deadlines.
While we continue to build a great Financial Reporting team and try to limit additional hours as much as possible, failing to meet our essential City obligations is not an option for our division.
Essential Functions
Essential functions include but are not limited to:
Supports the Senior Accounting Manager and the City Controller in the furtherance of the Department’s goals.
Communicates effectively as to work status and progress.
Prepares complex financial reports and analyses.
Reconciles, reviews, and approves transactions using the City’s financial system.
Prepares audit workpapers and schedules and assists with the coordination of external audits.
? Performs bank and/or investment reconciliations.
Monitors and reconciles a portfolio of assigned City funds.
Uses Excel and Word to perform job duties.
Performs other duties as assigned.
Works additional hours as required to meet departmental obligations and deadlines.
Education/Experience
Work requires broad knowledge in a general professional or technical field.
Knowledge is normally acquired through four years of college resulting in a Bachelor's degree or equivalent.
Required:
Three (3) years' experience in accounting or finance.
Preferred:
Three years of experience in accounting, with at least one year within a local government, nonprofit organization, or related industry.
Bachelor’s degree in accounting or finance.
Additional Information & Requirements
Work Schedule: Monday - Friday, 8:30 am to 5:00 pm
Signing Bonus: This position is eligible for a one-time $5,000 signing bonus.
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