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Comptroller

$109,006 - $141,760/Yr

City Of Springfield - Springfield, MA

posted 2 months ago

Full-time - Senior
Springfield, MA
Executive, Legislative, and Other General Government Support

About the position

The Comptroller for the City of Springfield, MA is responsible for maintaining the city's financial system and providing essential accounting and financial records to city management and stakeholders. This role ensures compliance with governmental accounting standards and oversees the financial management team in developing budgets and financial forecasts. The Comptroller supervises department employees and plays a key role in the city's financial decision-making processes.

Responsibilities

  • Serve as a key member of the city's financial management team in the development of the annual operating budget, capital budget, and financial forecasts.
  • Oversee the hiring, training, and work of all staff within the Comptroller's Office.
  • Ensure that all cash disbursements by the city are not in excess of appropriation.
  • Approve and post the city budget transfers and amendments.
  • Balance and reconcile various accounts and ledgers of all city funds.
  • Reconcile all accounts for year-end closing in addition to Treasurer's cash book to the city's general ledger.
  • Establish the city's tax rate and certify free cash by completing required forms and the Schedule A Report with the Massachusetts Department of Revenue.
  • Enforce the City's budget pursuant to chapter 44 of Massachusetts general law, including sweeping of unexpended funds in accordance with chapter 468 of the acts of 2008.
  • Create and present financial orders to the CAFO, Mayor, and City Council.
  • Train, maintain, and test the City's integrated accounting software.
  • Review and recommend accounting policies and make recommendations to improve existing accounting software.
  • Prepare regular and special financial and statistical statements and reports of a complex nature.
  • Prepare the city's Annual Comprehensive Financial Report (ACFR).
  • Prepare reports for the yearly external audit and various state and federally mandated reports.
  • Supervise the preparation of 1099 forms for tax reporting purposes.
  • Perform other related job duties as assigned.

Requirements

  • Bachelor's degree in a related field.
  • Ten years of municipal accounting and/or finance experience with a minimum of five years' experience in a supervisory role.
  • Extensive knowledge of Massachusetts municipal finance laws.
  • Strong written and verbal communication skills.
  • Ability to supervise and manage a professional and clerical staff.
  • Ability to effectively use complex math equations to reconcile accounts.
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