OMB Accounting Coordinator

About the Role

This position reviews the preparation of financial reports and reconciles accounts, ensuring compliance with Generally Accepted Accounting Principles (GAAP) for governmental entities, as well as Metro financial administration policies and procedures. The role recommends modifications and works under administrative supervision, developing and implementing programs while reporting to executive-level administrators.

Responsibilities

• Supervises, directs, and evaluates assigned staff, addressing employee concerns, directing work, counseling, disciplining, and completing performance appraisals.
• Coordinates, assigns, and reviews work; establishes schedules; monitors progress; inspects completed assignments; and provides guidance as needed.
• Analyzes and monitors financial activity, approving interim and annual financial statements for related agencies, nonprofits, trusts, foundations, and Metro account reconciliations.
• Ensures accounting work papers, reports, and schedules sufficiently document compliance with professional standards, GAAP, laws/regulations, and contractual obligations.
• Reviews accounting policies and procedures, recommending modifications as needed.
• Prepares correspondence, documents, and completes special projects.
• Compiles and prepares financial information, reconciliations, and work-papers in response to audit requests.
• Reviews, approves, and provides technical assistance for reconciliations of general ledger balance sheet accounts, including cash, investments, accounts & loan receivables, capital assets, payroll liabilities, and reserves.
• Reviews interim financial statements and provides technical assistance for staff preparation of financial reports for trusts and related nonprofits and foundations.
• Recommends policies and procedures for capital asset management, audits of departmental inventories, and coordinates fixed assets; prepares reports and oversees general fund appropriation disbursements.
• Analyzes balance sheet accounts and prepares year-end closing adjustments for significant accruals, including revenue accruals, receivable and loan loss reserves, capital assets, eliminations and transfers, and debt service.
• Provides coordination and technical assistance for processing year-end closing books and post-closing financial reporting adjustments.
• Coordinates and prepares financial reports for component units in accordance with GAAP and Governmental Accounting Standards.
• Reviews and monitors accounting and reporting for debt service funds, including analysis of related premiums, discounts, refunding, and debt management functions; recommends policies and procedures for debt administration.
• Recommends policies and procedures for petty cash management and coordinates periodic audits of departmental petty cash funds.
• Reviews daily account balance reports and monitors reconciling items to identify significant discrepancies in transaction accounting and reporting.
• Reviews and approves monthly sales tax reporting and approves requests for tax payments.
• Monitors accounting and reporting for subdivision development performance bond funds.
• Reconciles inventory and general ledger accounts for surplus property and coordinates reporting with Business Administration.
• Reviews and analyzes property tax, occupational tax, and other significant revenue accounts.
• Audits, analyzes, and approves accounting transactions for accuracy and compliance with GAAP and Governmental Accounting Standards.
• Researches, collects, and analyzes financial data for departmental financial analysis, including CFO, budget, component units, related agencies, and other internal departments.
• Performs related work as assigned.

Requirements

• Bachelor’s Degree in Accounting, Business Administration, Economics, Finance, or a related discipline.
• Five (5) years of experience in finance, accounting, budget preparation, or budget analysis.
• An equivalent combination of education, training, and experience may be substituted.
• Must possess and maintain a valid state driver’s license with an acceptable driving history.

Physical Demands

Performs sedentary work involving walking or standing some of the time and exerting up to 10 pounds of force on a regular and recurring basis or sustained keyboard operations.

Benefits

• Full-Time Regular Employees:
  • Medical, Dental, Vision
  • Group Term Life, Supplemental Life, Accidental Death & Dismemberment
  • Sick Leave, Vacation, Holiday Pay, Bereavement Leave
  • Kentucky Public Pensions Authority
  • 457 Deferred Compensation
  • Voluntary Lifestyle Benefits
  • Tuition Assistance
  • Qualified Adult Benefits, Childcare Assistance
  • Free TARC Use
  • Paid Parental Leave
• Part-Time (17.5 to 25 Hours Per Week):
  • Vacation (pro rata)
  • Sick Leave (pro rata)
  • Holiday Pay (pro rata)
• Part-Time (Less Than 17.5 Hours Per Week), Temporary Positions, and Interns: Ineligible for benefits.