Accountant II (Finance)

Village of Schaumburg • Schaumburg, IL

20h • Onsite

About The Position

The Village of Schaumburg is seeking a detail-oriented, collaborative Accountant II to join our Finance team. The ideal candidate is highly organized, proactive, and committed to maintaining accurate and reliable financial records in a public-sector environment. This position performs a variety of accounting functions, such as preparing journal entries, financial statement analysis, bank reconciliations, annual audit-related duties, preparation of a variety of financial reports, and assisting in maintaining accurate financial records for the village and performing related accounting tasks as assigned.

Requirements

• Bachelor’s degree in accounting or a related field.
• A minimum of three years of accounting work experience including extensive knowledge of accounting principles and techniques.
• Proficiency with current computer technology, job-specific software, and customer service systems.

Nice To Haves

• Certified Public Accountant (CPA) preferred.
• Payroll experience highly desired.

Responsibilities

• Reviews, records, and reconciles all deposits and withdrawals posted to village accounts on a daily, weekly, and monthly basis. This includes making adjustments, providing justification for variances, and verification to the bank and village general ledger as well as outside agencies.
• Maintains and reconciles general ledger and all subsidiary ledgers accurately and proficiently, including reconciling bank accounts monthly, preparing monthly closing entries, and preparing journal entries for all transactions posted to the general ledger. Verifies the processing and mapping of all applications to the general ledger, including correct setup for online payment posting, customer payment reports, and verification of correct accounting in the general ledger system.
• Maintains and reconciles a variety of spreadsheets, reports, and records; verifies the accuracy of accounting documents and other financial transactions. Assists in the implementation of the latest accounting standards and pronouncements and accounting policies and procedures to ensure compliance and transparency.
• Works closely with project managers during the year and at year-end to ensure that grant revenue and related expenditures are recorded within generally accepted accounting principles and that federal grants are properly identified for the schedule of expenditures of federal awards. Maintains information regarding all active grants, including a summary of revenues and/or expenditures, funding source, CFDA number, and other pertinent information required for a single audit.
• Assists with year-end closing journal entries and year-end close processes in the village’s accounting software. Assists in coordination of an annual audit by preparing work papers, financial statement schedules, and notes, and responding to the auditors’ requests for information.
• Assists in accounting for investments and support to all treasury functions, including preparation of the daily available cash report.
• Serves as backup for the Payroll Administrator and Customer Service Clerk in Accounting. Assists the Payroll Administrator with year-end filings and special payroll processes.
• Leads compilation, review, and posting of the monthly financial report.
• Performs other duties as assigned.

Benefits

• flexible benefit Section 125 plan including health, dental, vision, and life insurance
• medical and dependent care flexible spending accounts
• a retirement plan through the Illinois Municipal Retirement Fund
• paid holidays
• paid vacation
• sick leave
• tuition reimbursement
• succession development

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level