Financial Professional III - Water Resources

City of Lynchburg•Lynchburg, VA

4d•Onsite

About The Position

The City of Lynchburg's Department of Water Resources is seeking a self-motivated individual to serve as the department’s primary project accountant. This role will oversee all accounting and budget functions for approximately 200 projects annually within the Water, Sewer, and Stormwater enterprise funds. The position is also responsible for leading accounting efforts during audit and budget seasons, preparing audit workpapers and budget schedules. This integral role within the Accounting Division supports project financial reporting, capital and operational budgeting analysis, cash flow monitoring, and other accounting and budgetary functions.

Requirements

BA or BS in Accounting, Finance, Business Management or related field (concentration in Accounting is preferred).
Minimum of 5 - 7 years related experience.
Working knowledge and proper application of GAAP and GASB.
Proficiency in Microsoft Excel that includes building and maintaining macros, VLOOKUP’s, and creating PIVOT tables.
Ability to compile data into an organized and meaningful format.
Effective and respectful communication skills with all levels of internal and external customers.
Solid communication skills both written and oral.
Values the importance of maintaining positive and effective working relationships.
Solid organizational skills to prioritize work.
High level of time management skills in meeting both short-term and long-term deadlines.
Ability to think logically for best approach for needed solutions.
Valid driver’s license and acceptable driving record according to City criteria.
Must successfully complete IS100 and IS700 National Incident Management (NIMS) training within 90 days of employment.
May also be required to complete higher levels of NIMS training as determined appropriate for the position.

Responsibilities

Creating and updating budget entries for each capital project.
Updating available appropriations for each capital improvement project category.
Designating and tracking funding streams for each expenditure category within each project using City designated accounting codes.
Processing requisitions for purchase orders.
Processing invoices for contractors’ progress work, design services, and engineering services.
Constant written and oral communication with several project managers.
Reconciliations to validate accuracy.
Preparing close-out documentation upon each completed project.
Creating capital expenditure reimbursement packages for grants, loans, and line of credit.
Setting up project cash flow schedules for stakeholders to monitor budgets and projected cash flows for each project and capital improvement project category.
Providing detailed and organized schedules to internal and external customers that can be easily followed.
Explaining clearly in written form accounting and budget variances.
Updating written procedures as needed for tasks in the Accounting Division.
On an as-needed basis for back-up support, monitoring general ledger accounts for budgeted vs. actual vs. projected for all operating revenues and expenses.
On an as-needed basis for back-up support, processing quarterly financial reports for three enterprise operating funds that summarize budget vs. projected performance with written narratives that discuss reasons revenue and expense categories are over or under budget.
Preparing journal entries to record revenues and expenses and any necessary corrections.
Reconciliations of Work Management System to general ledger and payroll system.
Lead accountant in annual inventory count and periodic inventory counts.
Preparation of audit work papers.
Preparation of required budget schedules used for annual budget submission.
Lead training sessions of team members for task instruction.
Any other tasks responsibilities that supervisor may assign.