Senior Accountant V

About the role

The Department of Finance provides centralized structure and support for the City of Norfolk’s financial operations, to include financial reporting; debt and cash management; payroll; procurement; risk management; financial system administration and support; accounts payable; collections; 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.

Responsibilities

• Serves as the team lead, coordinating the fund accounting team in the preparation of fund financial statements and ensuring all work products comply with GAAP, GASB standards, and established regulatory guidelines.
• Provides technical accounting support and training as required.
• Maintains and monitors financial systems and workflows to ensure internal controls are adequate to safeguard the City's assets.
• Prepares and reviews various reports in compliance with local, state, and federal guidelines.
• Prepares and reviews monthly bank, investment, and other asset/liability reconciliations.
• Reviews the work product of the financial reporting team for quality control and compliance.
• Monitors various funds to ensure the integrity and accuracy of financial information.
• Uses Excel and Word to perform job duties.
• Performs other related work as required.

Requirements

• Knowledge of accounting principles and auditing standards promulgated by the Governmental Accounting Standards Board (GASB), U.S. Government Accountability Office (GAO), Government Finance Officers Association (GFOA), and the Commonwealth of Virginia Auditor of Public Accounts (APA).
• Four years of progressive experience in governmental accounting and computer software applications.
• Preferred: Certified Public Accountant (CPA) licensure.

Qualifications

• Bachelor's degree in accounting, finance, or a closely related field, or an equivalent combination of education and experience.
• Knowledge of accounting principles and auditing standards.
• Four years of progressive experience in governmental accounting and computer software applications.
• Preferred: CPA licensure.

Skills

• Proficiency in accounting mainframe systems such as AFMS or MUNIS.
• Experience preparing audited financial statements.
• Advanced proficiency with Microsoft Excel.

Benefits

• Regular full-time and permanent part-time employees may receive paid holidays, vacation and sick leave, employer paid pension plan, basic life insurance, voluntary participation in medical and dental, Section 457 deferred compensation, long-term disability, optional life insurance for self, spouse and children, medical and dependent care reimbursement plans, access to membership in credit union and employer provided parking.

Pay

• Details on pay are not specified in the job posting.

Schedule

• Position is expected to work more than 40 hours per week during high volume times and to meet critical deadlines.