Lead Financial Analyst
Job Description
The City of Franklin is a progressive community, as well as a great place to live and work. There are tremendous opportunities to establish a career with the City's municipal government. Job responsibilities at the City of Franklin are many and varied, as well as challenging and rewarding. Working for the City of Franklin instills a sense of civic pride and gratification for serving the needs of the public. Please click the link for Benefits Information: Under limited supervision, performs and/or reviews Finance functions and provides financial analysis. A. Financial analysis and reporting Performs detailed reviews of work of Financial Analyst for accuracy and completeness. Performs technical review of statements, schedules, and calculation for compliance to GASB accounting standards. Analyzes the daily activities, maintenance, and operations of the accounting functions relative to the City’s funds. Performs a variety of financial tasks, which may include posting financial data, tracking fund activity, and maintaining financial ledgers. Prepares various external and internal financial reports, including journal entries, payment documents, balance sheets, Monthly reports, Quarterly reports, and the Annual Comprehensive Financial Report (ACFR). Reconciles general ledger accounts and creates journal entries to adjust or correct previous transactions. Assists Comptroller and Financial Manager with special financial reporting required for Budget and Finance Committee. Develops long-term revenue projections and cash flow needs. Oversees budgetary encumbrance accounting. Responsible for reviewing journal entries for monthly and year-end receivables and liabilities. Communicates with Comptroller, Financial Manager, employees, other departments, City officials, customers, financial institutions, the public and other individuals, as needed, to coordinate work activities, review status of work, exchange information and/or resolve problems. Serves in a lead role for implementation of financial systems and software. Assists City grant administration, with regard to payments, compliance, and audits. Ensures payment of the City’s interest and principal payments related to long term debt. Ensures compliance with ongoing financial disclosure required for long term debt. Ensures lease receivable, revenue, and expenditures are accurate at each month-end. B. Auditing Responsible for assisting external auditor regarding the audit of accounting and financial management systems; provides information to auditors as requested. Serves in a lead role in preparation of external audit schedules and procedures. Prepares for and assists auditors regarding the accounting and financial management systems; provides information to auditors as requested. Assists Comptroller and Financial Manager with internal audit functions. Responsible for development, accuracy, and completeness of information reported in the City’s Annual Comprehensive Financial Report (ACFR). C. Internal controls Prepares financial policies and internal control procedures. Reviews various documentation to ensure internal control compliance. Serves as internal control liaison between Finance Department and customers, both internal and external. Monitors Financial Systems Internal Controls including monitoring the City’s financial system. Monitors Unclaimed Property Internal Controls including review of amounts, notifications, and timely submittals to the State. Monitors General Ledger Setup Internal Controls including updating the chart of accounts in the financial system. Monitors Lease Compliance Internal Controls including review. Monitors Quarterly Report Preparation Internal Controls including reviewing reconciliations of funds and accounts for quarterly reporting. Monitors Audit Preparation Internal Controls including answering audit inquiries. Complies with the 60-day deadline for closing the financial period and completion of financial statements, as required by the State. III. Other Job Duties Performs other job duties as assigned, including: Trains new employees on current software systems, and serves in lead role in the implementation of new financial software. Serves in a lead role in the implementation of new and upcoming GASB Statements. Performs related duties and responsibilities to assist other employees in the department as required. Maintains financial related information on City’s Finance Department webpage. IV. Primary Job Challenges Primary challenges of this position include the preparation of financial documents in accordance with GASB requirements and effectively communicating financial information to different departments as needed. V. Equipment Operated Computer and other office equipment such as printers and fax machines VI. Job Content Knowledge
Job Content Knowledge: Thorough understanding of governmental accounting and ability to understand explain advanced governmental accounting concepts. Is very knowledgeable of accounting practices as necessary in the completion of daily responsibilities. Is capable of reading and using ledgers, bank statements, billing invoices, and insurance forms. Is familiar with bidding procedures. Must be able to perform word processing and data entry functions. Is knowledgeable of personnel rules and regulations and principals of supervision. Has comprehensive knowledge of the terminology, principles, and methods utilized within the department. Is knowledgeable and proficient with computers. Language Skills: Reads, analyzes, and interprets complex scientific and technical journals (GASB, GFOA, and U.S. Treasury publications), financial reports, and legal documents. Responds to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Mathematical Skills: Calculates figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Applies concepts of basic algebra and geometry. Reasoning Ability: Defines complex problems, collects data, establishes facts, and draws valid conclusions. Interprets an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables. Teamwork: Develops constructive and cooperative working relationships with others. Encourages others to express their ideas and opinions. Serves in a leading role in identifying and solving problems. Anticipates need of others for information about job tasks and work environment and provides it to them in a timely manner. Willingly assists others with job tasks when appropriate. VII. Physical Demands and Work Environment Physical Demands:
Must be able to remain in a stationary position 50% of the time. Occasionally move about inside the office/building to access file cabinets, office machinery, the public, etc. Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, computer, printer, and telephone. Regularly positions self to maintain office area and items needed to complete daily tasks. Regularly communicates information and ideas so others will understand. Must be able to exchange accurate information in these situations. Occasionally moves/transports up to 10 pounds. Work Environment: Performance of the essential duties of this job requires: The work environment is moderately noisy (examples: business office with computers and printers, light traffic). Education and Experience The required knowledge, skill, and abilities to satisfactorily perform job duties are normally acquired through obtaining a Bachelor’s or higher degree in accounting, finance, or business administration, plus a minimum of five (5) to eight (8) years related experience and/or training; or an equivalent combination of education and experience. Preferred Certifications/Licenses Certified Public Accountant (CPA), Certified Municipal Finance Officer (CMFO), or Certified Public Finance Officer (CPFO) Must hold active certification/license within 18 to 24 months of employment date and maintain through period of employment. The City of Franklin is dedicated to providing equal opportunity for employment to all applicants without regard to race, color, religion, creed, gender, national origin, age, disability, marital or veteran status, or any other protected class. The City of Franklin adheres to Title VI as well as Title VII. #J-18808-Ljbffr