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Comptroller

Company: Government Finance Officers of Connecticut
Location: Torrington
Posted on: June 26, 2022

Job Description:

The City of Torrington seeks qualifiedapplicants for the position of Comptroller.This is a highly responsible position that includes administrative andprofessional work involving the supervision and control of the financial andbudgeting services of the City's Finance department. -

Minimum Qualifications :
Bachelor of Science degree in Business Administration, Accounting, or Financewith 5 to 6 years of experience in municipal government finance and 2 years ofsupervisory experience. Applicants must also have thorough knowledge ofmunicipal accounting principles and standards. -

Full job description is available at www.torringtonct.org .

To Apply :
Download an application from www.torringtonct.org ,complete, and mail to:
City of Torrington
140 Main Street
Torrington, CT 06790
Applications can also be emailed to HR@torringtonct.org . -

APPLICATIONS WILL BEACCEPTED UNTIL THE POSITION HAS BEEN FILLED. -
AA/EOE. - City ofTorrington

Title: Comptroller

Department: Finance

Reports to: Mayor and Board of Finance

OBJECTIVES:

This is a highly responsible position that includes administrative andprofessional work involving the supervision and control of the financial andbudgetary services of the City's Finance department.Finance department duties include financialplanning, accounting, financial reporting, payroll, pensions, accounts payable,procurement, debt and cash management, employee and retiree benefits andworkers compensation management.

ESSENTIAL FUNCTIONS:

Direct the maintenance and operation of the Citywide accounting system and itsfunctions.Ensure the timely completionand accuracy of financial reporting.Establish and maintain procedures and controls over municipal revenuesand expenditures in all departments of the City.

Perform all municipal functions and duties required for the preparation,maintenance, auditing, and disbursement of financial records. Prepare datafor actuaries for completion of retirement fund and OPEB valuations anddisclosures.

Review and approve retiree pension calculations and process retirement requestsfor necessary approvals.

Administer voluntary employee retirement benefit plans.

Assist the Mayor, City Council, Board of Finance and Department Heads in thepreparation and administration of the annual budget.Provide recommendations for funding levels ofvarious items within the budget.

Create and/or verify several various schedules for inclusion in annualfinancial statements.Prepare the annualfinancial statements (including Management Discussion and Analysis) and reviewwith auditors for accuracy.Coordinatepresentation of annual audit to the boards.

Maintain accounting records for assets including disposals, additions andinventories.

Maintain records and reconcile tax collector activity including collections,commissions, certificates of correction and refunds for overpayments.

Oversee internal and external City audits.

Oversee finance system replacement and/or enhancements.

Present recommendations relating to policy and/or procedure to appropriatedepartments, governmental bodies and to the Mayor.

Attend all required board meetings.

Participate in bond issuance and bond rating process.

Provide support data and participate in union negotiations when requested.

Perform related work as required.

SUPERVISION:

Work under the supervision of the Mayor with occasional guidance from theCity Council and Board of Finance.

Full supervision of the Comptroller's office employees with shared supervisionof Purchasing and Treasurer's office employees.

NON-ESSENTIAL FUNCTIONS:

Performing non-exempt duties, lifting and carrying heavy office supplies andequipment.

REQUIRED KNOWLEDGE, SKILLS, ANDABILITIES:

Thorough knowledge of municipal accounting principles, practices andprocedures.Considerable knowledge ofGenerally Accepted Accounting Principles (GAAP), considerable knowledge ofGovernmental Accounting Standards Board (GASB).

Knowledge of principles and practices of municipal finance administrationincluding budget preparation.

Considerable knowledge of modern principles and practices of public financeadministration, liability and group insurances.

Knowledge of computerized systems and financial management software.Ability to effectively use those systems.

Knowledge of financial system design and analysis.

Ability to plan and coordinate automated financial, accounting and payrollsystems.

Knowledge of principles of supervision and management.

Ability to determine work priorities to meet established schedules.

Ability to devise improved methods and procedures.

Ability to present ideas effectively orally and in writing.

Ability to prepare accounting/ financial data projections.

Ability to supervise the work of departmental staff including: coordinating,assigning, monitoring, and evaluating work; hiring, training, counseling, anddisciplining staff and process grievances.

Ability to establish and maintain effective working relationships with staff,other City employees/ departments, City officials and the public.

Understanding the City's political environment and sensitivities; ability tofunction effectively within that environment.

REQUIRED EQUIPMENT OPERATION:

Must be able to sit at a desk or stand and work continuously for extendedperiods of time.The employee may berequired to push, pull, lift and/or carry objects weighing up to 25pounds.

REQUIRED QUALIFICATIONS:

Graduation from an accredited college or university with a B.S. degree inBusiness Administration, Accounting, or Finance with 5-6 years of experience inmunicipal government finance, including 2 years of supervisory experience orequivalent.









Revised: 12/2018


Keywords: Government Finance Officers of Connecticut, New England , Comptroller, Accounting, Auditing , Torrington, Northeast

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