PRINCIPAL ACCOUNTANT II

Job Description:

PRINCIPAL ACCOUNTANT II

Description

job description

The Office of Finance’s Accounting Division has one Principal Accountant II vacancy. The position is located at 200 N. Spring St, Room 220, City Hall, Los Angeles, CA 90012.

The duties and responsibilities of the Principal Accountant II position may include, but are not limited to:

• Oversees the financial activities and the daily operation in Revenue Reporting Unit, Accounts Payable Unit, Payroll, and Treasury Accounting.

• Serves as the division’s “liaison” for the new LATAX solution, which includes attending meetings, workshops, and trainings; participating in discussions; communicating details and updates; providing technical support and training to team members; troubleshooting.

• Serves as the “Department Payroll Liaison” (DPL) for the new HRP system, Workday, which includes attending meetings, workshops, and trainings; collaborating with the Payroll supervisor and/or Finance’s Human Resources on Workday related issues; troubleshooting.

• Reviews various reports such as: reconciliation of Financial Management System (FMS) Revenue Distribution Report, Monthly Revenue Report, Monthly Business Tax Report, Cost Allocation Plan (CAP) Schedules, reversion worksheets, Proprietary billings, Cannabis billings, Revenue Estimate, Transient Occupancy Tax (TOT) report, and other as-needed reports.

• Reviews and approves various FMS documents.

• Prepares and analyzes the year-end Generally Accepted Accounting Principles (GAAP) reports requirement by the Controller’s Office such as GASB 51, 87, 94, 96, and accruals of revenues.Coordinates with other divisions for additional information and/or documents needed to complete the reports.

• Prepares, analyzes and reconciles LATAX dump file report and FMS Fund Receipts Detail report on a monthly basis, identifies variances, and resolution of it.

• Prepares and analyzes monthly reconciliation involving the department’s banking computer based system (CashWiz) and the JPM banking application system (Paymentus).

• Serves as the department’s Petty Cash Custodian and alternate PCARD coordinator.

• Assists the Departmental Chief Accountant, as needed.

• Assists with external and internal audits’ requests.

• Performs other related duties and responsibilities, as assigned and needed.

• Requires understanding of the provisions of the various Memoranda of Understanding and GAAP, and great familiarity with the City’s HRP Workday System, FMS, and Finance’s new LATAX System.

REQUIREMENTS

1. Two years of professional accounting or auditing experience with the City of Los Angeles in a class at least at the level of Senior Accountant is required.

How to apply

Submit a City of Los Angeles Departmental Application and resume to financepersonnel@lacity.org by the deadline.

Emergency Appointment

An emergency appointment is not a regular appointment. It is a temporary appointment which does not require that you successfully compete in the Civil Service examination process. The appointment may not exceed one year and must be terminated immediately when a regular appointment can be made from an eligible list. No emergency appointment can exceed one year. (City Charter Section 1013).

Closing Date/Time: 1/23/25