ASSISTANT CONTROLLER

Assistant Controller

The City of Riverside, Finance Department is accepting applications for the position of Assistant Controller to fill one (1) vacancy. The eligibility list established may be used to fill the current and/or upcoming vacancies within this classification for up to six (6) months.

The current Assistant Controller vacancy will be focused on overseeing Accounts Receivable, Accounts Payable, and Payroll within the Finance Department. This position may assist with preparation and review of the Annual Comprehensive Financial Report (ACFR) and other required financial statements. This position may also assist with the preparation and review of the Schedule of Expenditures of Federal awards (SEFA); oversee the preparation and review of the annual Cities' Financial Transactions Report; assist with external audit requests; assist with research and implementation of new Governmental Accounting Standards Board (GASB) pronouncements; prepare and/or present to City Council and Committee reports and presentations as needed; assist with fiscal month-end and year-end closing; prepare and review journal entries; supervise, train, and evaluate subordinates as assigned; oversee the annual calculation of compensated absences, oversee the review of accounts receivable balances and allowance for doubtful accounts adjustments; and assist departments with accounting related questions.

In general, and under management direction, an Assistant Controller will supervise, assist in the preparation of financial and budget analysis, financial reporting, financial statements, and oversee the daily operations for various divisions within the City's Finance Department. Manage key functions, prepare recommendations, reports, and presentations and perform related work as required.

Work Performed

Duties may include, but are not limited to, the following:

• Plans and manages accounting related projects such as ACFR preparation and compilation, annual audit, single audit and various state and federal reports to ensure fiscal responsibility.
• Develop and implement accounting systems, procedures, and standards for the financial management system.
• Directs the City's accounting methodology to comply with various accounting principles and standards in accordance with federal/state granting agencies and compliance agencies.
• Assist in the development in establishing and implementing organizational policies and procedures for department operations such as accounting, payroll, and treasury.
• Monitor effectiveness of policies and procedures and make revisions or recommendations for improvement as needed.
• Maintains awareness of new trends and developments in the field of accounting, including legislation, court rulings, and professional practices and techniques, incorporates new developments as appropriate.
• Develop internal controls to increase efficiencies throughout the City; develop forecast models; and prepare monthly financial statements and reports.
• Maintain the City's general and subsidiary ledgers.
• Assist in the implementation of new accounting standards and laws that impact financial reporting disclosures and requirements.
• Coordinates internal and external audits and makes recommendations on findings.
• Selects, trains, mentors, and evaluates assigned personnel; provides or coordinates staff training; plans, directs, coordinates, reviews, and assigns the work plan for accounting staff; reviews and evaluates work products, methods and procedures; meets with staff to identify and resolve problems.

Qualifications

Education: Bachelor's Degree from an accredited college or university with a course work in accounting, finance, business administration, or a closely related field. Experience: Five years of professional experience in governmental accounting, budget management, debt administration, revenue analysis, internal auditing, or finance, including two years in a supervisory capacity.

Selection Process

Documents required at the time of application: 1) Completed Employment Application 2) Completed Supplemental Questionnaire

The selection process will begin with an employment application package screening, with the best qualified candidates being invited to participate further in the assessment process. This process may include any combination of written, performance, and oral assessments to evaluate job-related education, experience, knowledge, skills, and abilities. Those who successfully complete the selection process will be placed on the eligibility list for this classification.

If you are selected to move forward in the assessment process, you may be required to self-schedule your appointment. You will be notified via email of your status and provided with self-scheduling instructions. Please check your email regularly following the closing date of this recruitment.

Positions that require, or may require, a California Commercial Driver's License are considered Safety Sensitive and are monitored by the U.S. Department of Transportation. Any candidate being considered for a Safety Sensitive position must submit authorization forms to the City immediately upon request to begin the pre-employment process.

It is the responsibility of candidates with a disability requiring accommodation in the assessment process to contact the Human Resources Department in writing to request such accommodation prior to the closing date of this recruitment.

Appointment may be subject to the successful completion of a pre-employment background investigation, drug screen, and/or medical/physical examination.

Note: The City reserves the right to modify selection devices and test instruments in accordance with accepted legal, ethical, and professional standards. Candidates may reapply when there is a posting to establish an eligibility list.

Educational requirements:

Proof of education listed in your application will be requested at the time of conditional offer. Acceptable documentation consists of transcripts or degree, if applicable, by the accredited U.S. college or university.

Education obtained outside the United States (US) require one of the following options:

1. An equivalency statement from an evaluation company certified by the National Association of Credential Evaluation Services (NACES) at Members – NACES or the Association of International Credential Evaluators Inc. (AICE) at
2. An advanced-level degree from an accredited US college or university.

All applicants will be notified via e-mail or telephone of their application status and the assessment dates/times/locations after the closing date of this announcement.

The provisions of this job announcement do not constitute an expressed or implied contract.

Benefits

Benefit Level II includes Senior Management, Management and Professional classifications (Exempt)

The City offers an attractive benefits package, the central provisions of which are as follows:

• Retirement for Classic Members - For employees hired after 1/1/2013 who are CLASSIC MEMBERS of California Public Employees' Retirement System (CalPERS) or a reciprocal agency as of 12/31/12 and have not been separated from service from such agency for six months or more, the retirement benefit shall be 2.7 % @ age 55; 3-year final compensation. The required employee contribution is 8%. The City does not participate in Social Security; thus, employees do not bear this additional 6.2% expense.

• Retirement for New Members - For employees hired 1/1/2013 or later and who ARE NOT a member of the California Public Employees' Retirement System (CalPERS) or a reciprocal agency as of 12/31/12, or those who have been separated from a public agency which contracts with CalPERS or a reciprocal agency for six months or more, the retirement benefit shall be 2% at age 62; 3 year final compensation. The required employee contribution is 50% of the normal cost. And is subject to change per CalPERS every fiscal year. The City does not participate in Social Security; thus, employees do not bear this additional 6.2% expense.

• Health Insurance - The City offers six health insurance plans and contributes up to $1,734 per month for HMO plans (family coverage).

• Dental Insurance - The City provides three dental insurance plans and contributes up to $85 per month.

• Vision Insurance - The City provides vision coverage through Vision Service Plan (VSP) for employees and their dependents that are enrolled in medical coverage.

• Life Insurance - The City provides and pays for term life insurance with accidental death and dismemberment equal to two times the annual salary rounded to the next highest $1,000 (up to $700k) plus AD&D. Additional Life Insurance is available and voluntary for employee and eligible dependents (up to $300k).

• Deferred Compensation - The City will contribute the following amounts per month, with a minimum employee contribution of $12.50 per check:

  • Management and Professional Units: $150/month
  • Senior Management Unit: $175/month

• Leave Benefits - Includes vacation leave, sick leave, bereavement leave, and holiday benefits. Please refer to the Fringe Benefits