Accountant III (Revenue, Receivables &Debt Supervisor)

City of Rocky Mount•Nc, NC

14h•Hybrid

About The Position

Under the general direction of the Accounting Manager, performs advanced professional governmental accounting and supervisory work directing the City's Revenue, Receivables, and Debt functions. Responsible for oversight of accounts receivable operations, revenue accounting, property tax and utility receivables, miscellaneous billings, deferred revenue, debt administration, and debt service accounting. Coordinates debt issuances, lease financings, arbitrage compliance, and DebtBook administration while ensuring compliance with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB) pronouncements, federal and state regulations, and City policies. Supervises Accounts Receivable staff, oversees revenue reconciliations and audit schedules, analyzes revenue trends, and provides technical accounting guidance related to revenue recognition and debt management.

Requirements

Bachelor’s degree from an accredited institution.
Ten (10) years’ experience in a related field of work.
Or an equivalent combination of education and experience.
Knowledge of financial accounting and specialized accounting requirements for government entities.
Knowledge of Governmental Accounting Standards Board guidelines.
Knowledge of the Governmental Accounting, Auditing, and Financial Reporting model.
Knowledge of internal financial controls.
Knowledge of generally accepted accounting principles.
Knowledge of complex computerized financial software with high volumes.
Knowledge of property tax regulations and the North Carolina Machinery Act.
Knowledge of subordinate positions.
Knowledge of all division positions.
Knowledge and ability to use Microsoft Word and Excel proficiently.
Skill in analyzing complex financial problems and identifying solutions.
Skill in preparing clear and accurate reports.
Skill in reading tax maps.
Skill in establishing cooperative and productive working relationships.
Skill in setting priorities for competing projects with established deadlines.
Skill in performing complex mathematical calculations.
Skill in operating computers and other standard office equipment.
Skill in interpersonal relations.
Skills in oral and written communication.

Nice To Haves

None

Responsibilities

Supervises, plans, assigns, reviews, and evaluates the work of assigned Accounts Receivable staff; provides training, coaching, mentoring, and performance evaluations.
Oversees all accounts receivable operations, ensuring timely and accurate billing, collections, adjustments, write-offs, cash application, and customer account maintenance.
Oversees revenue accounting activities, ensuring revenues are accurately recognized, recorded, reconciled, and reported in accordance with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB) standards, and City policies.
Oversees the administration of property tax receivables, utility receivables, miscellaneous billings, special assessments, and other City receivable programs.
Reviews customer account adjustments, payment plans, write-offs, refunds, interest assessments, and collection activities in accordance with applicable laws and City policies.
Oversees accounting for deferred revenue and unavailable revenue in accordance with governmental accounting standards.
Administers the City's DebtBook software for debt management, maintaining debt issuances, debt service schedules, amortization schedules, continuing disclosure information, and related financial reporting.
Coordinates bond financings, debt issuances, and other long-term financing transactions in conjunction with financial advisors, bond counsel, and City management.
Monitors debt service requirements, arbitrage compliance, continuing disclosure obligations, and other post-issuance debt compliance requirements.
Prepares and reviews debt service schedules, debt reconciliations, debt-related journal entries, and supporting documentation.
Oversees revenue reconciliations between subsidiary systems and the general ledger to ensure the completeness and accuracy of financial records.
Prepares assigned audit workpapers, revenue schedules, debt schedules, and supporting documentation for the annual external audit.
Prepares assigned audit schedules related to revenues, receivables, deferred inflows, and long-term debt.
Researches and recommends appropriate accounting treatment for complex revenue transactions, debt transactions, bond financings, and related GASB pronouncements.
Develops, implements, and maintains accounting policies, procedures, and internal controls related to revenue accounting, receivables, debt administration, and financial reporting.
Serves as the functional lead for revenue-related MUNIS modules and DebtBook, coordinating system maintenance, testing, reporting, and process improvements.
Provides technical accounting guidance and training to Finance staff and City departments regarding revenue recognition, receivables, debt administration, and related accounting matters.
Assists the Accounting Manager with special projects, strategic initiatives, and continuous process improvement efforts.
Performs other related duties as assigned.