Accountant III (1654) - Controller's Office

Application Opening: July 7, 2025

Application Deadline: This job will close no sooner than July 21, 2025

Annual Salary:$121,836 to $148,070 Annually

Role type: Temporary Exempt Role Description

Schedule: Full-time

The Controller's Office manages the City's bonds and debt portfolio, including providing low-cost debt financing for large-scale capital infrastructure improvements while balancing market and credit risk with appropriate benefits, mitigations, and controls.

In addition to the utilization of traditional debt instruments like General Obligation Bonds, Commercial Paper (CP), Lease Obligation Bonds, and Certificate of Participation, the City is increasingly utilizing Mello-Roos Community Facilities Districts (CFDs), Infrastructure Financing Districts (IFD), and other special tax districts.

The 1654 temporary position will assist with the ongoing accounting and reporting process for all debt instruments, including General Obligation Bonds (GOB), Commercial Paper (CP), Certificates of Participation (COP), Community Facilities Districts (CFDs), and Infrastructure Financing Districts (IFDs) Bonds. In addition to developing and implementing Citywide accounting policies and procedures, the 1654 position will assist departments with the timely closeout of these projects and infrastructure improvements built using bond financing. By so doing, the position will reduce the City's administrative burden and interest costs. As an example, the debt team successfully closed out completed projects under the 2010 ESER Bonds, and returned $1 million of unspent cash, which will be applied towards debt service. Furthermore, the position will ensure that the City accounts for all debt instruments in a manner consistent with new Governmental Accounting Standards Board (GASB) pronouncements.

Duties and Responsibilities

• Performs complex accounting functions in connection with budget preparation, purchasing activities, payroll analysis and grants management.
• Processes and pre-audits accounting documents and transactions in conformance with established procedures and controls.
• Reviews, prepares, reconciles and supervises the preparation of complex financial reports.
• Reviews, reconciles and audits accounting records of receipts, disbursements and encumbrances to ensure fiscal accuracy and control.
• May supervise subordinate staff by delegating, planning, directing and assigning accounting work. Includes training, coaching, and evaluating staff performance.
• Performs fiscal year-end closing activities.
• Analyzes, recommends new or updated fiscal policies, procedures and internal controls and re-aligns business practices to improve operations.
• Maintains current knowledge of applicable ordinances, rules, regulations, policies and standards.
• Presents and explains reports to financial and non-financial managers, co-workers, and clients.
• May coordinate, define, develop and maintain financial data extracts, reports and interfaces.
• Participates in the identification of functional processing and reporting requirements, end-users testing and documentation, implementation support for financial processing and reporting systems.
• Participates in the identification, creation and maintenance of accounting codes and structures to ensure accurate recording, reporting and control in financial systems.
• Performs special projects and other duties as assigned.

Desirable Skills & Qualifications

• Experience with PeopleSoft and Excel
• Exceptional written and verbal communication skills.
• Exceptional people skills and ability to establish and maintain effective working relationships that foster engagement and creative problem-solving as a member of a diverse staff team.