Job Description

GENERAL RESPONSIBILITIES

The Senior Accounting Administrator and Analyst performs highly advanced financial analysis and regulatory work. Under the direction of Chief Financial Officer, the incumbent performs responsible professional and administrative work assisting the Chief Financial Officer, Director of Human Resources and Town departments and staff with research, financial data collection, study and reporting for all areas of budgeting and financial analysis. The Senior Accounting Administrator and Analyst will recommend and approve appropriate action to resolve financial and regulatory problems and he/she will provide support for contract and benefits administration, procurement, capital and other strategic planning, and carries out special projects and analyses, as needed. The incumbent may also be assigned to serve on a regular or ad hoc basis as staff analyst liaison to various Town boards and committees. Responsibilities also include summarizing information and making recommendations to municipal staff based on analysis.

ESSENTIAL DUTIES & RESPONSIBILITIES

Oversees the administration of financial processes and systems developed to oversee financial or regulated entities.

• Performs variance analysis to identify discrepancies between budgeted and actual financial results, providing recommendations for corrective actions.
• Consolidates and analyzes financial data (budgets, income statement forecasts etc.) taking into account Town operations and financial standing.
• Participates in the development and implementation of budgets; tracks and makes financial budget projections by conferring with other Town-wide departments to validate revenue assumptions for utility rates and consumption estimates, fines, fees, and other revenue streams as assigned.
• Prepares and translates financial data to structure detailed budget reports, creates charts, graphs and tables on financial status, potential risks or opportunities.
• Evaluates and mitigates financial risk of providers of third-party financial instruments, including banks, insurance companies, and sureties.
• Develops forecast models based on comparative performance metrics, conducts benchmarking, processes analysis and implements improvements.
• Analyzes market trends, industry benchmarks, and competitive landscape to provide recommendations for strategic financial planning.
• Develops internal controls and oversees record retention projects for the Finance department.
• Analyzes financial statements to evaluate investment opportunities.
• Ensures compliance with financial regulations and maintaining the integrity of financial data.
• Reconciles transactions by comparing and correcting data.
• Monitors financial status by comparing datasets with projections.
• Reviews and evaluates contracts for compliance with department policies and procedures.
• Performs related work as assigned.

Requirements

KNOWLEDGE, SKILLS AND ABILITIES

• Possess a thorough knowledge of accounting skills, including knowledge of accounting principles, standards and techniques, cost analysis and reduction and cash flow management
• Proven ability to interpret complex financial data and transform it into understandable and actionable information.
• Demonstrates a strong proficiency in financial modeling, forecasting and diagnosis, and information analysis, to support financial planning and decision-making.
• Possesses considerable knowledge of GAAP and IFRS accounting principles.
• Proven expertise in budgeting and accurate forecasting
• Ability to express oneself succinctly and professionally, both orally and in writing
• Possesses strong financial planning, organizational, and analytic, research and quantitative skills, with advanced skills in Microsoft Excel and other data analysis tools.
• In depth knowledge of governmental finance, municipal debt and the laws and regulation governing municipal finance
• Proficient in risk identification and mitigation strategies.
• Strong proficiency in computer software and report writing skills, specifically in MS Word and Excel.
• Ability to establish and maintain effective working relationships with employees, elected officials, superiors, subordinates and the public.

DESIRED QUALIFICATIONS

• Bachelor's degree from an accredited four-year college with major study in the field of Finance, Accounting, Economics, or a related field.
• Minimum four (4) years of experience working in accounting, finance, budgeting or related field.
• Professional certification, such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) designation preferred; will consider applicants currently working toward achieving professional certification.
• Financial analysis and financial modeling experience are preferred.
• Experience in preparing standard financial statements is preferred.
• Municipal experience is preferred.

SCHEDULE

• Monday-Friday, 8:30AM-4:30PM

AFFILIATION

• Member of Professional and Technical Employees Association (PETA) Collective Bargaining Unit, FLSA Exempt

Benefits

PTO

Medical/RX

Dental

Vision

401(a) Retirement Savings & Match

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