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CO
City of Riverside
ASSISTANT CONTROLLER
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What they do
An Assistant Controller assists the controller in managing the cash flows and financial activities of an organization. Assists in the development of budgets, regulatory and tax compliance, staff development and other accounting and financial duties.
$162,498 / year median in California
+4% projected growth
Job Description
The City of Riverside, Finance Department is accepting applications for the position of Assistant Controller to fill one (1) vacancy. The eligibility list established may be used to fill the current and/or upcoming vacancies within this classification for up to six (6) months. The current Assistant Controller vacancy will be focused on overseeing Accounts Receivable, Accounts Payable, and Payroll within the Finance Department. This position may assist with preparation and review of the Annual Comprehensive Financial Report (ACFR) and other required financial statements. This position may also assist with the preparation and review of the Schedule of Expenditures of Federal awards (SEFA); oversee the preparation and review of the annual Cities' Financial Transactions Report; assist with external audit requests; assist with research and implementation of new Governmental Accounting Standards Board (GASB) pronouncements; prepare and/or present to City Council and Committee reports and presentations as needed; assist with fiscal month-end and year-end closing; prepare and review journal entries; supervise, train, and evaluate subordinates as assigned; oversee the annual calculation of compensated absences, oversee the review of accounts receivable balances and allowance for doubtful accounts adjustments; and assist departments with accounting related questions. In general, and under management direction, an Assistant Controller will supervise, assist in the preparation of financial and budget analysis, financial reporting, financial statements, and oversee the daily operations for various divisions within the City's Finance Department. Manage key functions, prepare recommendations, reports, and presentations and perform related work as required. Duties may include, but are not limited to, the following: Plans and manages accounting related projects such as ACFR preparation and compilation, annual audit, single audit and various state and federal reports to ensure fiscal responsibility. Develop and implement accounting systems, procedures, and standards for the financial management system. Directs the City's accounting methodology to comply with various accounting principles and standards in accordance with federal/state granting agencies and compliance agencies. Assist in the development in establishing and implementing organizational policies and procedures for department operations such as accounting, payroll, and treasury. Monitor effectiveness of policies and procedures and make revisions or recommendations for improvement as needed. Maintains awareness of new trends and developments in the field of accounting, including legislation, court rulings, and professional practices and techniques, incorporates new developments as appropriate. Develop internal controls to increase efficiencies throughout the City; develop forecast models; and prepare monthly financial statements and reports. Maintain the City's general and subsidiary ledgers. Assist in the implementation of new accounting standards and laws that impact financial reporting disclosures and requirements. Coordinates internal and external audits and makes recommendations on findings. Selects, trains, mentors, and evaluates assigned personnel; provides or coordinates staff training; plans, directs, coordinates, reviews, and assigns the work plan for accounting staff; reviews and evaluates work products, methods and procedures; meets with staff to identify and resolve problems.