HomeMy WebLinkAboutSenior Accountant - RevenueUpdated: March 2024
CITY OF IOWA CITY – JOB DESCRIPTION
Posi�on Title: Senior Accountant - Revenue
Department: Finance
Division: Revenue
Supervisor: Assistant Finance Director
FLSA: Exempt
Civil Service: Yes
Pay Grade: 14
Job Number: 1421
Job Summary
Under direc�on, applies principles of accoun�ng to analyze financial informa�on, perform
special projects and prepare financial reports with an emphasis in accoun�ng for revenue and
investment transac�ons.
Essen�al Job Du�es and Responsibili�es
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 informa�on to prepare entries to accounts and
document business transac�ons.
• Reconciles bank deposits, receipts and expenditures to accoun�ng records and prepares
journal entries.
• Encodes all receipts and disbursements through data entry into ERP system and
reconciles cash register �e out.
• Analyzes total deposits entered in cash register system; verifies totals and completes
correc�on form as needed.
• Analyzes and forecasts cash flow projec�ons. determines cash flow needs in rela�on to
investment maturi�es.
• Prepares documents for entry of investment ac�vity into system, verifies month end
investment ac�vi�es and maintains por�olio analysis, obtains investment interest rate
quotes.
• Prepares quarterly investment report for City Council.
• Works with Informa�on Technology Services Division on web payment repor�ng issues
such as parking, u�lity, library fees and ge�ng those posted to the system.
• Prepares banking correspondence; emails and wires instruc�ons, check research, stop
payment and void requests and bank errors; wires instruc�ons for cer�ficate of deposits,
emails Surepay (water and parking) account debits, enters wire and ACH payments on
bank website.
• Processes and follows up on non-sufficient funds checks.
• Prepares various reports on a monthly basis including the parking revenues and hours
report and the transit pass �ckets and revenue report.
Updated: March 2024
• Maintains list of credit card terminals and coordinates credit card terminal maintenance,
acquisi�on, replacement and banking rela�ons.
• Tracks web credit card sta�s�cs; reconciles credit card ac�vi�es to bank reconcilia�on;
assists in management of web credit card accounts.
• Assists in maintaining PCI compliance and training other staff.
• Prepares and submits unclaimed property report to State of Iowa each year.
• Coordinates special projects on a regular basis including the investment yield report and
por�ons of the fiscal year audit that are related to cash and investments.
• Enters daily banking ac�vity for all bank accounts and investments.
• Trains division co-workers as back-up for all accoun�ng procedures and du�es listed
above.
• Assists as back-up for other division co-workers responsibili�es.
• Conducts self in a manner which promotes and supports diversity and inclusivity in the
workplace and community.
• Performs all other related du�es as assigned.
Minimum Education, Experience, Certification/Licensure, Other
• Bachelor’s degree from an accredited educa�onal ins�tu�on and two years of related
experience; or six years of related experience and/or equivalent combina�on of
educa�on and experience. Degree in Accoun�ng or Finance. Experience in accoun�ng
or as a financial analyst.
• Must pass criminal background check.
Preferred Education, Experience, Certification/Licensure, Other
• Bachelor’s degree from an accredited educa�onal ins�tu�on and three to five years of
related experience; or seven years of related experience and/or equivalent combina�on
of educa�on and experience. Experience in governmental accoun�ng.
• Cer�fied Public Accountant designa�on.
Knowledge, Skills, and Abili�es
• Ability to apply principles of logical or scien�fic thinking to define problems, collect data,
establish facts and draw valid conclusions.
• Ability to calculate figures and amounts such as discounts, interest, commissions,
propor�ons, percentages, ability to develop and present mathema�cal and sta�s�cal
informa�on.
• Ability to effec�vely present informa�on and respond to ques�ons from groups of
managers, clients, customers, and the general public.
• Ability to interpret a variety of instruc�ons furnished in writen, oral, diagram, or
schedule form.
• Ability to interpret a variety of instruc�ons furnished in writen, oral, diagram, or
schedule form.
• Ability to operate standard office equipment.
Updated: March 2024
• Ability to read and interpret technical materials, reports and journals and government
regula�ons.
• Ability to reliably and predictably carry out du�es.
• Ability to solve prac�cal problems and deal with a variety of concrete variables in
situa�ons where only limited standardiza�on exists.
• Ability to summarize data and meet required deadlines.
• Ability to write reports, business correspondence, and procedure manuals.
• Knowledge of generally accepted accoun�ng principles, governmental accoun�ng, bank
procedures, and investment op�ons.
• Skill in using computers and applicable so�ware applica�ons (Microso� Office – Word,
Excel, Outlook) and financial management so�ware.
• Skills in financial analysis and related problem solving.
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
Updated: March 2024
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
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