Senior Principal Accountant

City of Albuquerque•Albuquerque, NM

10d•Onsite

About The Position

This position involves planning, prioritizing, assigning, supervising, reviewing, and participating in the work of staff. The role is responsible for maintaining and analyzing accounting records for grants, monitoring grant expenditures for compliance with Federal and State guidelines, and providing financial and technical assistance to management. Key duties include overseeing grant setup, reconciliation, billing, and draw down requests, as well as performing complex accounting tasks. The job descriptions are intended to present a general list of tasks/duties performed by employees within this job classification and are not intended to reflect all duties performed within the job.

Requirements

Bachelor's degree from an accredited college or university in accounting, finance, or business administration to include fifteen (15) credit hours in accounting with a passing grade of a 'C' or better
Six (6) years of accounting experience in analyzing and reconciling chart field accounts
At least four (4) years in governmental accounting, grant management or budget analysis
Three (3) years of supervisory experience
Possession of a valid New Mexico Driver's License, or the ability to obtain by date of hire.
Possession of a City Operator's Permit (COP) within six (6) months from date of hire.

Nice To Haves

Certified Public Accountant (CPA) or Certified Government Financial Manager (CGFM) preferred.

Responsibilities

Assume full management responsibility for all Family and Community Services Grant activities, including forecasting, budgeting, monitoring expenses, accounts payable, purchasing, cash flow, fixed assets, balance of accounts, draw downs and grant reconciliation; recommend and administer policies and procedures in accordance with uniform guidance.
Oversee, review, analyze, and maintain the official grant records for the Department of Family and Community Services in accordance with generally accepted accounting principles, City ordinances, and State and Federal laws.
Plan, prioritize, assign, supervise, review and participate in the work of staff responsible for performing various accounting and fiscal functions; assign work activities, projects and programs; review and evaluate work products, methods and procedures; meet with staff to identify and resolve problems.
Participate in the selection and evaluation of fiscal staff; provide or coordinate staff training; work with employees to correct deficiencies; implement discipline and termination procedures.
Administer the more complex financial functions relative to the Department of Family and Community Services which includes, but is not limited to, reviewing grant and general fund expenditures, revenues, capital expenditures and debt service requirements.
Provide professional financial support to the Department of Family and Community Services; respond and provide financial data to Accounting Division, Budget Office, City Administration and City Council.
Participate in the development of policies and procedures in the Fiscal Division; monitor work activities to ensure compliance with established policies and procedures; make recommendations for changes and improvements to existing standards and procedures.
Assist in the planning and implementation of new software systems and procedures including enhancements to existing financial systems.
Review and interpret new pronouncements of Government Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB) to determine the impact on the Family and Community Services Department's financial operations to include all grants; revise existing policies or establish new policies as necessary.
Review and evaluate the financial and organizational impact of proposed legislation including Federal and State statues and City ordinances.
Serve as a contact for the external auditors during the City's Annual Audit and Single Audit; provide auditors with special reports and schedules as required; respond to auditor inquiries.
Oversee a variety of financial activities including the preparation of reports, reconciliation of Grant and General Fund (s) expense accounts and ledgers.
Analyze and interpret financial reports of department expenditures; determine trends and prepare projections; advise higher level staff on using financial data for decision making.
Perform accounting functions including preparation or review of journal entries and journal vouchers, accruals, expense transactions, and reconciliations.
Monitor and audit professional technical contracts, social service contracts, and sub recipients; direct and coordinate staff responsible for initiating renewals including terms with vendors, purchase orders, and payment procedures.
Oversee and/or participate in the development and administration of the Department of Family and Community Services Budget including General Fund and Grants; approve expenditures and implement budgetary adjustments as appropriate and necessary.
Represent the Department of Family and Community Services Fiscal Division to other divisions, departments, elected officials, and outside agencies; coordinate assigned activities with those of other divisions, departments, and outside agencies and organizations.
Provide financial assistance to supervisory or management staff; prepare and present financial reports and other necessary correspondence.
Oversee and/or participate in the reconciliation of Federal and State grant funding.
Attend and participate in professional group meetings; stay abreast of new developments in the Department of Family and Community Services, accounting, grant, and fiscal management.
Perform related duties and responsibilities as required.