Investment Analyst (Accountant II)

$54,863 - $73,242/Yr

City Of Atlanta - Atlanta, GA

Full-time - Mid Level

Atlanta, GA

Executive, Legislative, and Other General Government Support

About the position

The Investment Analyst (Accountant II) position at the City of Atlanta is responsible for managing the reconciliation of the City's investment portfolio statements and ensuring accurate financial reporting. This role involves monthly general ledger closing, balance sheet and income statement analysis, and providing support for investment-related matters. The position requires a strong understanding of governmental accounting principles and the ability to work collaboratively with other accounting staff.

Responsibilities

• Perform monthly reconciliations of all investment bank statements held at the City.
• Participate in monthly ledger close by ensuring accurate and complete recording of financial transactions.
• Prepare analysis of Cash Equivalents, Short Term and Long Term Investment classifications.
• Ensure all investment interest earnings and fees are recorded monthly.
• Prepare General Ledger entries and various reconciliations for month-end close in accordance with deadlines as determined by management.
• Perform trending and variance analysis for all balance sheet, revenue and expense activity for assigned Funds.
• Identify and resolve discrepancies in a timely manner.
• Review incoming journal including debt related entries to ensure transactions comply with the City's policies and procedures and adhere with General Accepted Accounting Principles.
• Provide professional assistance and support to management and staff on investment and other related matters as needed.
• Participate in the preliminary and annual fiscal year-end financial audit.
• Prepare various annual PBC audit schedules as needed in a timely manner.
• Assist in the documentation and monitoring of internal controls.
• Participate in the development or updating of departmental policies and procedures.
• Perform other duties or special projects as assigned.

Requirements

• Strong understanding of accounting theory and application of general accepted accounting principles and practices.
• Intermediate level hands-on knowledge of all accounting functions and related internal controls, including cash, investments, and extensive balance sheet reconciliations.
• Knowledge of governmental accounting principles, applicable laws and regulations, and financial reporting practices.
• Basic Information Systems applications related to accounting functions.
• Demonstrating a minimum intermediate skills level in Excel.
• Effective verbal and written communication skills.
• Ability to perform complex analytical activities and build logical approaches in problem solving.
• Maintaining accurate records and making accurate arithmetic calculations.
• Ability to work on several assignments simultaneously, setting priorities, meeting deadlines, and working independently within established guidelines.
• Extensive use of common office software including Microsoft Office and applicable specialized finance software applications.
• Detail-oriented and organized work style.
• Ability to work cooperatively and collaboratively with all levels of employees and management.