ACCOUNTANT III RETIREMENT SYSTEMS (CURRENT CITY OF ...

ACCOUNTANT III RETIREMENT SYSTEMS (CURRENT CITY OF DETROIT EMPLOYEES ONLY) Print ( Apply  ACCOUNTANT III RETIREMENT SYSTEMS (CURRENT CITY OF DETROIT EMPLOYEES ONLY) Salary $71,987.00 - $89,408.00 Annually Location Michigan, MI Job Type Certified-Regular Civil Service Job Number NONRSmm Department Non Departmental Division Pension & Employee Benefi Opening Date 11/08/2024 Bargaining Unit 7100-Senior Accountants Analysts and Appraisers As Description Benefits Questions Description RESUME REQUIRED FOR CONSIDERATION!!! ACCOUNTANT III - RETIREMENT SYSTEMS THIS RECRUITMENT IS OPEN TO CURRENT CITY OF DETROIT EMPLOYEES ONLY INCOMPLETE APPLICATIONS WILL NOT BE CONSIDERED Position Summary Accountant III is an experienced level accounting professional within the Retirement Systems of the City of Detroit that requires minimal direction and supervision. The Accountant performs complex accounting duties that are required to support timely and accurate financial statement reporting. The key services provided include, but are not limited to: preparing, analyzing, interpreting, and presenting accounting data; operating, maintaining, and modifying accounting systems; using accounting information to recommend solutions to management problems and structuring of organization programs; managing, operating, and analyzing cost accounting systems in connection with functions, activities and financial operations; and designing, implementing, and assessing internal control processes and systems. Accountant III positions may delegate assignments to subordinate staff engaged in budget preparation, purchasing activities, payroll analysis, and grants management. Some services may be performed within the appropriate modules of the ERP Cloud that impact the operations of this position. Examples of Duties MAJOR DUTIES AND RESPONSIBILITIES The duties specified below are representative of the range of duties assigned to this job class and are not intended to be an inclusive list Plans, assigns and coordinates the work of Accountant I and II and other clerical and administrative staff Using ERP Cloud applications performs the following activities: Creation of Financial Reports Editing of reporting templates Use of Business Intelligence Publisher templates and data models Creation of Transactions Business Intelligence dashboard and reports Analysis of data through SmartView and Account Monitor Performs complex accounting functions consistent with Generally Accepted Accounting Principles (GAAP), standardized bookkeeping processes, accounting terminology, accounting techniques, and other financial rules and regulations Researches, analyzes, and implements accounting rules and regulations as stipulated by Governmental Accounting Standards Board (GASB) or other regulatory agencies Evaluates fiscal accounting work including budget preparation, purchasing activities, payroll and general ledger analyses, grants, bonds, revenue, cost allocation, capital assets, expenditures, and other accounting activities Analyzes accounting systems or modifies and adapts conventional accounting and analytical techniques to solve a variety of accounting problems Conducts searches and complex examinations of budget and financial records to provide factual data on the amount and type of funds available for submission to others within the employing entity who will use the data to prepare budget estimates and reprogramming actions Analyzes program operations for impact upon the accounting or financial management system Plans, coordinates, and conducts audits and develops reports on work processes and accounting systems Independently conducts the complete range of tax examinations and related investigations of a broad range of business taxpayers such as sole proprietorships, partnerships, fiduciaries, and sizable corporations Researches and analyzes information to establish the proper interpretation and application of pertinent tax laws Identifies accounting problems such as inadequate maintenance of fund controls, inaccurate records and reports, improper methods for document control, and lack of documentary evidence to support performance of regulatory reconciliations Compiles centrally requested cost reports and reports of variance from standards. Develops reports comparing actual results to plans and budgets Uses conventional accounting methods to reconcile payroll system and general ledger payroll data and to analyze internal controls over accounts receivable overpayments Persuades program managers and other officials in positions of decision- making authority with widely differing goals and interests to follow a recommended course of action consistent with established budget/financial management policies, objectives, or regulations Influences or persuades representatives of an audited organization to accept critical or controversial observations, findings, and recommendations when representatives of audit subjects are reluctant to agree that costly errors were made, that corrective action is required, or that suggestions for change will improve operations Influences and persuades taxpayers to comply with requirements for information to resolve outstanding problems and issues or to pay tax liability when the taxpayers or their representatives hold strong opposing views, and/or are hostile, skeptical, or uncooperative requiring the Accountant to use tact, persuasiveness, and diplomacy to obtain the desired results Provides skeptical and fearful individual and business taxpayers with information on agency products and services, and in-depth authoritative tax advice and assistance to increase compliance with tax laws and regulations through increased knowledge Provides experience in using the specific procedures of automated systems to find, review, or change accounting data in transaction files, ledgers, accounts, summary reports, and financial statements Designs new and changing system and program environments due to new laws, regulations, and standards Prepares, examines, or analyzes accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards Reports to management regarding the finances of establishment Computes taxes owed and prepares tax returns, ensuring compliance with payment, reporting, or other tax requirements Resolves issues where governing laws and regulations are highly interpretive and/or precedents are non-existent, obscure, or conflicting Reviews and posts journal entries, reconciles dates, and manages inter-agency billings and transfers required to support financial reporting Supervises the creation of accounting codes and structures to ensure accurate recording, reporting, and control in financial systems Develops new systems for tax examination, tax management control, and tax documentation systems Acts as a liaison between accounting staff, financial staff, information systems staff, and other key departmental staff in order to keep abreast of issues and initiatives that may impact accounting and financial information Reviews grant management, monitoring and administrative duties and activities (e.g. financial, set-up, post-award, closeout, etc.) to ensure timely expenditures and reimbursement, and regulatory and audit compliance Presents, prepares and explains to financial and non-financial managers, co-workers and clients including an analysis of the issues, problems and trends identified Assists in the preparation of the Consolidated Annual Financial Report (CAFR) Serves as an expert or authority in some aspect of accounting or in the application of accounting to some mission-related program(s) Performs special projects and other duties as assigned Minimum Qualifications Education Bachelor's degree from an accredited college or university, with major course work in accounting, finance, business administration, statistics, or a closely related field. Such education must include at least twenty-four (24) semester (36 terms) credits of coursework in accounting and statistics (21 hours in accounting and 3 hours in statistics). Experience Three (3) years of professional experience performing or auditing the systematic classification and evaluation of accounting data and the preparation of related financial and managerial reports are required. Accountant III must demonstrate proficiency with integrated word processing and spreadsheet functions. License / Certificates There may be a requirement for some positions to have or be working on achieving a Certified Public Accountant (CPA) and/or Certified Management Accountant (CMA) certification. Equivalency Equivalent combinations of education and experience that provide the required knowledge, skills, and abilities will be evaluated on an individual basis. Supplemental Information Evaluation Plan Interview: 70% Evaluation of Training, Experience & Personal Qualifications: 30% Total of Interview and Evaluation T.E.P: 100% Additional points may be awarded for: Veteran Points: 0 - 15 points Detroit Residency Credit: 15 points LRD: 09/16/2024 KNOWLEDGE, SKILLS, AND ABILITIES At the advanced level, knowledge requirements might include professional, comprehensive knowledge of: Theories, concepts, principles, and practices of accounting, financial, and performance auditing, tax auditing, and financial management Standardized bookkeeping processes, accounting terminology, GAAP, accounting techniques, governmental accounting, budgeting principles and other financial rules and regulations Rules and regulations as stipulated by GASB and Generally Accepted Auditing Standards (GAAS) Federal, State, County, and City grant policies, procedures, and reporting requirements Grants Management accounting including SEFA and other requirements Cost accounting and cost funding procedures Procurement policies, practices, and contractual requirements in order to ensure compliance with financial reporting, tracking, and cost allocation for contracts and procurement actions Techniques commonly used in locating errors in accounting records Arithmetic, algebra, geometry, calculus, statistics, and their applications Office practices and procedures and routine office supplies and equipment Structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar Personal computer capabilities and the application of computer systems to issues of format and content in City and departmental financial management Enterprise resource planning systems for finance, budget, general ledger, human resources, and other management systems and software programs SKILL IN: Use of personal computers Use of Microsoft Office (e.g. Word, Excel, Access, PowerPoint) and other office suite software packages Use of Excel (e.g. Formulas, Pivot Tables, Vlookup, Hlookup, other functions, charts, tables) and other financial management software packages functionality Use of large, complex, multi-departmental financial systems and demonstrate the knowledge required to interpret resulting financial and accounting reports, summaries, and budgets Analytical and problem solving Interpersonal skills to interact effectively with personal contacts in a business-like, customer service oriented manner, and maintain favorable public relations Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times Using mathematics to solve problems Presenting concise financial information to a variety of audiences ABILITY TO: Analyze and interpret fiscal, accounting, and other data and reports Advise City Agencies and the Office of the Chief Financial Officer (OCFO) staff on appropriate accounting polices, procedures, and requirements Maintain general and subsidiary ledgers and journals and to prepare, analyze, and maintain regular financial statements and reports Collect, organize, and interpret accounting data, tax rules, and regulations; synthesize data and work cross functionally to create and establish accounting guidelines, policies, and memos Prepare accurate and reliable financial reports Present accounting data orally, in writing, or in PowerPoint in a clear and understandable manner to both technical and non-technical users Analyze and recommend improvements in accounting systems Formulate solutions to difficult and complex accounting and related financial problems Utilize independent judgment Understand cost-benefit and business case analyses to provide insight and recommendations regarding best accounting methodology and suggestions to improve outcome Learn and use contemporary financial management software and other related software for program and financial management systems Interact effectively with senior leadership, subordinates, department personnel, and others with tact and diplomacy Listen to and understand information and ideas presented through spoken words and sentences Communicate information and ideas in speaking so others will understand Make mathematical computations Work as part of a team RESUME REQUIRED FOR CONSIDERATION!!! ACCOUNTANT III - RETIREMENT SYSTEMS THIS RECRUITMENT IS OPEN TO CURRENT CITY OF DETROIT EMPLOYEES ONLY INCOMPLETE APPLICATIONS WILL NOT BE CONSIDERED EMPLOYMENT BENEFITS The City of Detroit offers a competitive and comprehensive employee benefit package. We pride ourselves on the longevity of our employees. Part of the reason for the low turnover rate is the exceptional benefit package listed below. Benefits include, but are not limited to the following: HEALTH Medical - Eligible for hospital, surgical, and prescription drug benefits. Dental Vision INSURANCE Life Insurance - Optional group insurance available to employee and their family. The City pays 60% of premium for first $12,500 of employee life insurance. Employee may purchase, at own expense, life insurance for spouse and each dependent. Long-Term Disability Insurance (Income Protection Plan) - The City offers disability insurance through payroll deductions for persons who become disabled and who are not yet eligible for a service retirement. PAID TIME OFF Sick Leave Vacation Holidays OTHER LEAVE BENEFITS The City also has the following paid and unpaid leaves; funeral leave, Family and Medical Leave, jury duty, military duty leave, unpaid personal leave, RETIREMENT BENEFITS City Employees Retirement System As a regular City employee you automatically become a member of the General Retirement System. This entitles you to a retirement allowance after: • Completion of thirty (30) years of service; At age sixty (60) if you have at least ten (10) years of service, or At age sixty-five (65) with eight (8) years of service. • In the event of disability, other eligibility rules apply); An early, actuarially reduced, retirement is offered after you have attained at least twenty-five (25) years of service; • Employees are vested after ten (10) years of service, regardless of age. ADVANCEMENT OPPORTUNITIES - Employees have many opportunities for growth and career advancement throughout all City departments and divisions. Have a successful career with the City of Detroit. Always remember that you are a part of a team with a common Vision of delivering excellent service to the citizens of the City of Detroit. 01 Do you possess a Bachelor's Degree from an accredited college or university, with major course work in accounting, finance, business administration, statistics, or a closely related field? YES NO 02 Please indicate your highest level of education completed High School Diploma/GED Associate's Degree Bachelor's Degree Master's Degree PhD/J.D. No Education experience 03 Do you have experience reviewing or auditing accounting processes and procedure? If so please explain. 04 Do you have experience reviewing and documenting internal controls? if so please explain. 05 Please describe your proficiency with integrated word processing and spreadsheet functions. 06 Please describe your ERP experience (Oracle, SAP), if applicable. Required Question Agency City of Detroit Address Coleman A. Young Municipal Center 2 Woodward Ave ste 316 Detroit, Michigan, 48226 Website Apply Please verify your email address Verify Email

Created: 2024-11-10