SUPERVISOR OF ACCOUNTING

$94,500 - $94,500/Yr

City Of Chicago - Chicago, IL

Full-time - Mid Level

Chicago, IL

Executive, Legislative, and Other General Government Support

About the position

The Supervisor of Accounting position within the City of Chicago's Department of Finance is responsible for overseeing the work of professional accountants in the Enterprise Auditing Division. This role involves managing financial accounts, ensuring accurate invoicing and cash receipt applications, and supervising the preparation of financial reports and statements. The supervisor will also conduct staff training, performance evaluations, and coordinate audits, while applying knowledge of governmental accounting standards.

Responsibilities

• Assigns, supervises, and reviews the work of professional accountants engaged in the management of financial accounts.
• Supervises the auditing and reconciling of financial accounts, ensuring accurate invoicing and cash receipt applications.
• Reviews the preparation of account receivable cash receipt applications for completeness and accuracy.
• Updates and verifies that rates are properly set up per billing instructions and semi-annual rates and charges.
• Follows up and resolves pending billing issues in a timely manner.
• Reviews and reconciles Airport invoices to ensure accuracy in invoice generation.
• Develops goals, objectives, and work standards and conducts staff performance evaluations.
• Conducts and coordinates staff training and development.
• Reviews daily deposits to ensure proper funding allocation and verifies cash receipts are properly applied.
• Designs and implements computerized accounting systems and internal controls for operational efficiency.
• Interprets accounting principles and financial procedures related to governmental accounting and reporting.
• Coordinates audits performed by private firms and government agencies, preparing replies to auditors' findings.
• Applies knowledge of Governmental Accounting Standards Board (GASB) standards in accounting and financial reporting.
• Prepares and coordinates various schedules for the City's Annual Comprehensive Report audit.
• Functions as a liaison on accounting-related issues to the City Treasures' Office, City Department of Aviation, and external auditors.

Requirements

• Graduation from an accredited college or university with a bachelor's degree in accounting or a directly related field with 15 semester hours in accounting.
• Four years of professional accounting experience, with one year in a supervisory role related to the responsibilities of the position.

Nice-to-haves

• Previous experience in accounting and financial reporting.
• Previous experience with financial statement preparation, bank account, and general ledger reconciliations.
• In-depth knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) procedures.
• Proficiency using Microsoft Excel and accounting software.

Benefits

• Starting salary of $94,500.00
• Career service position
• Potential for additional vacancies pending budget approval