Principal Accountant (Internal OBF applicants only)

Hennepin County (MN)Minneapolis, MN
53dRemote

About The Position

The Office of Budget and Finance (OBF) is seeking a Principal Accountant to manage the county's Purchasing Card Program and oversee capital asset accounting. This position plays a key role in ensuring compliance with accounting standards and maintaining the integrity of countywide financial data. Using PeopleSoft applications, the Principal Accountant will also support financial reporting for the Annual Comprehensive Financial Reports (ACFR), Housing and Redevelopment Authority (HRA), and Regional Railroad Authority (RRA), and perform advanced accounting for the Employee Health Self-Insurance Fund. As a vital member of the accounting team, this role contributes to a broad range of financial operations and reporting functions.

Requirements

  • One of the following:
  • Eight years or more of experience as an accountant or auditor, two of which are in a functional area of accounting, auditing, or financial management related to the position.
  • Bachelor's degree or higher in accounting, business administration with an emphasis in accounting or other specialty area related to the position and four years of experience as an accountant or auditor, two of which are in a functional area of accounting, auditing, or financial management related to the position.

Nice To Haves

  • Experience:
  • Managing Hennepin County's purchasing card program.
  • With capital asset accounting, lease accounting, and financial reporting.
  • With professional accounting related to self-insurance programs.
  • Knowledge of:
  • Generally accepted accounting principles.
  • Governmental Accounting Standards Board (GASB) standards, especially GASB 87.
  • Ability to:
  • Handle multiple priorities with minimal direction.
  • Communicate effectively both verbally and in writing.
  • Meet deadlines and produce accurate work in a fast-paced office environment.

Responsibilities

  • Manage the county's purchasing card program, including complex accounting and coordination responsibilities for the program, which has over $7 million annual spend and over 400 cardholders.
  • Manage the county's capital asset accounting and inventory tracking, ensuring compliance with accounting standards and internal controls.
  • Prepare and review sections of the ACFR, including capital assets and lease disclosures.
  • Perform GASB 87 lease accounting, including journal entries and government-wide conversion entries.
  • Prepare annual financial reports for the HRA and RRA.
  • Provide leadership, training, and work directions to professional staff related to the county's accounting operations.

Benefits

  • Meaningful work
  • Public service
  • Competitive pay
  • Work-life balance
  • Generous benefits
  • Opportunities to grow
  • Commitment to your success

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Executive, Legislative, and Other General Government Support

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