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HomeMy WebLinkAboutSenior Accountant - AccountingUpdated: August 2025 (Admin Review) CITY OF IOWA CITY – JOB DESCRIPTION Position Title: Senior Accountant - Accounting Department: Finance Division: Accounting Supervisor: Assistant Finance Director FLSA: Exempt Civil Service: Yes Pay Grade: 14 Job Number: 1420 Job Summary Under limited direction, applies principles of accounting to analyze financial information and prepare financial reports. Essential Job Duties and Responsibilities The following duties are normal for this position. These are not to be construed as exclusive or all-inclusive. Other duties may be required and assigned. • Compiles and analyzes financial information to prepare entries to accounts and document business transactions. • Assists in coordination and preparation of the Comprehensive Annual Financial Report for audit. • Prepares Housing Authority financial records and financial submissions to Housing and Urban Development (HUD). • Collects, calculates and analyzes fiscal data pertaining to financial transactions; prepares year-end accrual journal entries, audit work papers and lead sheets. • Coordinates and maintains fixed asset database, analyzes expenditures based on capitalization policies, performs data entry for acquisitions and disposals, and generates and distributes appropriate reports. • Processes balances and reconciles various accounts including monthly accounts receivable and collections on past due accounts, processes recurring billing statement. • Checks receipts and expenditure activities for other divisions and provides detail and analysis as needed. • Prepares and maintains chart of accounts for distribution to departments; responds to department and division requests for new account setup. • Maintains security, role based permissions, workflow and TCM in the ERP system. • Assists and supports City employees with questions and/or problems with the ERP system. • Submits and monitors support tickets for the ERP system. • Performs grant-related post-award functions, including budget and expense analysis, financial reporting, and reconciliations. • Performs grant closeout functions, financial status reports, and final reporting; reviews general ledger transactions to ensure accuracy and completes journal entries. Updated: August 2025 (Admin Review) • Receives cross training as backup in other accounting functions and trains co-workers as backup in these job duties. • Conducts self in a professional manner which demonstrates courtesy and respect for all community members and coworkers. • Performs all other related duties as assigned. Minimum Education, Experience, Certification/Licensure, Other • Bachelor’s degree from an accredited educational institution and two years of related experience; or six years of related experience and/or equivalent combination of education and experience. Degree in Accounting. • Must pass criminal background check. Preferred Education, Experience, Certification/Licensure, Other • Bachelor’s degree from an accredited educational institution and three to five years of related experience; or seven years of related experience and/or equivalent combination of education and experience. Experience in financial analysis. • Certified Public Accountant. Knowledge, Skills, and Abilities • Ability to apply principles of logical or scientific thinking to define problems, collect data, establish facts, and draw valid conclusions. • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, ability to develop and present mathematical and statistical information. • Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. • Ability to operate standard office equipment. • Ability to read and interpret technical materials, reports, journals, and government regulations. • Ability to reliably and predictably carry out duties. • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. • Ability to summarize data and meet required deadlines. • Ability to write reports, business correspondence, and procedure manuals. • Knowledge of generally accepted accounting principles, governmental accounting, and auditing principles and procedures. • Skill in analysis, communications, finance, and interpersonal relationships. • Skill in financial analysis and related problem solving. • Skill in using computers and applicable software applications (Microsoft Office – Word, Excel, Outlook) and financial management software. Updated: August 2025 (Admin Review) Supervision No supervision of direct reports. Physical Demands The physical demands described here are representative of those that must be met by an employee to successfully perform the essential duties and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties and responsibilities. While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to sit; use hands to finger, handle, or feel and reach with hands and arms. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception and ability to adjust focus. Work Environment The work environment characteristics described here are representative of those an employee encounters while performing the essential duties and responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties and responsibilities. The noise level in the work environment is usually moderate. Duties are generally performed in an office setting with a controlled environment. The job requires sitting for extended periods of time and the work may expose the employee to unpleasant social situations and significant work pace pressure. Iowa City is an Equal Opportunity Employer. In compliance with the Americans with Disabilities Act as Amended, the City will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer. Reviewed/Approved by: Nicole Davies, Finance Director (4/2024) I have read and understand the duties and requirements of this job description, and I agree that I can perform the duties of this position with or without reasonable accommodation. Employee Date ________________________________ __________________