Reporting directly to either the Manager, Accounting Services, or the Manager, Financial Planning and Analysis, the Municipal Accountant will be responsible for the most complex (many components or steps) and some complicated (degree of difficulty) routine and non-routine accounting duties such as journal entries, general ledger reconciliations, and financial reporting.
The Municipal Accountant will support the production of monthly reports, provide analysis and commentary for budget vs. actuals, capital project progress reports, cost recovery, and special non-routine requests, for management review.
Additionally, it is expected that the Municipal Accounting will work directly with their respective manager to recommend and implement improvements to accounting processes, policies, and financial controls, in the sprit of continuous improvement.
A successful Municipal Accountant requires a strong understanding of accounting, financial systems, data, and internal controls to ensure the integrity of the financial data with the City’s Enterprise Resource Planning (ERP) system.
General areas of knowledge and responsibility:
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Most complex and some complicated journal entries
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Most complex and some complicated account reconciliations
(including control accounts related to sub-ledgers, such as accounts receivable, accounts payable, inventory, business licenses, utilities, and taxes)
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Bank reconciliation
- Accounting for tangible capital assets
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Accounting for grants
- Accounting for investments
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Accounting for debt
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Budget vs. actual reports – operating/capital
- Quarterly financial statements
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GST/PST remittances
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Progress payment/holdback review
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System configuration and troubleshooting
- Other accounting tasks that are complex and complicated in nature, as required
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Maintain a calm demeanor in stressful or emergent situations when expectations change, or things don’t go as planned
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Provide coverage for all levels of accounting clerks, as required
Financial Reporting
- Support accurate collection of all financial data as required to produce quarterly financial statements.
Internal Controls
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Identify areas of improvement and provide recommendations to strengthen internal controls to enhance the reliability of financial information.
Management Reporting
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Support the accurate collection of financial data from the core financial system into the project accounting system, and budgeting software to produce monthly budget vs. actuals, capital project reports, etc.
- Provide training/mentorship to other team members and external departments as it relates to project accounting (JAOs), budget, and analysis, etc.
Budget, Forecasts, and Analysis
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Support the budgeting process by entering complicated information into the budgeting software such as inter-departmental expenses for management review.
- Support the analysis of the operating and capital budgets, as required for management review.
Business Processes and Procedures
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Identify and provide recommendations to improve financial and administrative policies and procedures.
- Support the implementation of new policies and procedures.
- Commitment to continuous improvement.
Business Partner
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Support the respective finance manager on interdepartmental projects or business processes.
Treasury and Debt Management
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Support the accurate collection of financial information to produce financial projections and non-routine requests related to cash, debt, etc.
Records Management
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Responsible to monitor the retention and disposal of all finance related municipal records.
Education and Development
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Provide training/mentorship to other team members and external departments as it relates to purchase orders, receiving, payment issuance, invoicing, and other accounting processes to support accurate accounting of financial information.
- Provide training sessions/presentations for specific groups.
Project Management
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Lead internal finance related non-routine projects that are complex and complicated in nature that might include other team members.
Leadership
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Demonstrate personal commitment to quality financial management.
- Invest time in personal professional development.
- Provide insightful, motivating, and constructive feedback to support continuous improvement in the department.
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Have a high standard of ethics and confidentiality.
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Maintain a positive public image as pertains to the City of Lloydminster.
Coaching and Mentoring
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Support the team in its growth and development by investing time in sharing skills by training other team members.
- Develop, document, and then present a new process to educate users with management guidance. Review and guide others through this process.
Other
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Other related duties as required.
