City of Cambridge

Director of Financial Reporting

City of Cambridge  •  Cambridge, MA (Onsite)  •  2 months ago
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Job Description

ABOUT THE DEPARTMENT:

The City’s Auditing Division promotes an honest, effective, and fully accountable City government. It strives to provide independent, timely oversight of the City’s finances and operations to ensure that City programs are implemented legally, efficiently, and effectively. The Division functions as a safeguard against potential fraud or misuse of City resources. Auditing contributes to deadline-driven documents such as the Annual Comprehensive Financial Report, Schedule A, and the Per-Pupil Report, which play a crucial role in providing financial and other information to the City Council, City Manager, the investment community, the state and federal governments, and the residents of Cambridge. The Auditing Division uses electronic processing of accounts payable payments and journal entries in order to reduce paper usage and create an efficient method for tracking information electronically.

ESSENTIALDUTIES AND RESPONSIBILITIES:

Reporting directly to the City Auditor, the Director of Financial Reporting is responsible for timely, accurate, and efficient financial reporting for the City of Cambridge, including City’s Annual Comprehensive Financial Report (ACFR) and federal and state financial reports. The position plays a critical role in providing financial and other information to the City Council, City Manager, the investment community, state and federal governments, and the residents of Cambridge.

Duties and responsibilities include, but are not limited, to the following:

  • Responsible for ensuring the City’s financial systems are accurate and complete through monthly and quarterly reconciliations.
  • Leading the preparation of year-end closing and all required financial statements.
  • Coordinating the compilation of the “Annual Comprehensive Financial Report” (ACFR) which includes, but not limited to, populating financial statements, footnotes, required supplemental information, and the statistical section of the report.
  • Working closely with external auditors on the research and implementation of new GASB pronouncements.
  • Assisting in the compilation of the A-133 Schedule of Expenditures of Federal Awards and the state required Schedule A Report.
  • Supporting external auditors on various projects conducted during the calendar and fiscal year.
  • Compiling Fund Statements which includes loading the trial balance and completing all necessary journal entries.
  • Oversee the preparation of monthly reconciliations for fixed assets, real estate and personal property abatements.
  • Maintain Fixed Assets system and related module.
  • Participating in all financial system implementations and upgrades.
  • Managing multiple schedules and tasks.
  • Acting as a liaison between the Auditing Department and all other City Departments requiring assistance in resolving accounting, financial, and system issues.
  • Performing other duties as assigned.

Reasonable accommodations may be made to enable individuals with disabilities to person essential functions.

MINIMUM REQUIREMENTS:

  • Bachelor’s degree in accounting or related discipline, or equivalent combination of education, training and experience.
  • Minimum of four years of Public Accounting experience (CPA preferred) with a focus on large municipalities or quasi-governmental entities and with a focus on GASB reporting requirements.
  • Extensive working knowledge of large computerized financial systems such as Peoplesoft, Oracle and SAP.
  • Proficiency in MS Word and Excel is required.
  • Strong interpersonal skills and excellent communications skills, both written and verbal.
  • Highly organized and detail-oriented individual able to work both as part of a team and individually.
  • Demonstrated project management experience highly desirable.

PHYSICAL DEMANDS: Ability to access, input, and retrieve information from a computer. Answer telephones and maintain multiple files. May require minimal lifting of up to 10 pounds

WORK ENVIRONMENT: General office environment with air conditioning and fluorescent lighting. Requires attendance at meetings. Noise level can be high as the office is active with phone calls and walk in applicants.

REQUIRED DOCUMENTS:

Please upload the following documents to complete your application:

  • Resume
  • Cover Letter
City of Cambridge

About City of Cambridge

Cambridge is a city in Middlesex County, Massachusetts, United States, in the Greater Boston area. It was named in honor of the University of Cambridge in England, a nexus of the Puritan theology embraced by the town's founders. Notably, Cambridge is home to two internationally prominent universities, Harvard University and the Massachusetts Institute of Technology. According to a 2008 census estimate the city population was 105,594. It is the fourth most populous city in the state, behind Boston, Worcester, and Springfield. Cambridge is one of the two county seats of Middlesex County (Lowell is the other).

The site for what would become Cambridge was chosen in December 1630, because it was located safely up river from Boston Harbor, which made it easily defensible from attacks by enemy ships. The first houses were built in the spring of 1631. The settlement was initially referred to as "the newe towne"​. Official Massachusetts records show the name capitalized as Newe Towne by 1632. Located at the first convenient Charles River crossing west of Boston, Newe Towne was one of a number of towns (including Boston, Dorchester, Watertown, and Weymouth) founded by the 700 original Puritan colonists of the Massachusetts Bay Colony under governor John Winthrop. The original village site is in the heart of today's Harvard Square. The marketplace where farmers brought in crops from surrounding towns to sell survives today as the small park at the corner of John F. Kennedy (J.F.K.) and Winthrop Streets, then at the edge of a salt marsh, since filled.

Industry
Government & Public Safety
Company Size
1,001-5,000 employees
Headquarters
Unknown
Year Founded
1846
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