Starting salary is commensurate with education and experience.
4 Year Degree
Internal Number: R0008100
About the Position
The City of Birmingham is seeking a Principal Accountant to assist in the oversight of the accounting operations within its Finance Department. Reporting to a Chief Accountant, the Principal Accountant performs and oversees a variety of accounting related responsibilities, including, but not limited to, the maintenance of accounts payable, accounts receivable, banking, general ledger, grant, and/or budgetary accounts, while ensuring compliance to federal, state, and local guidelines and laws (e.g., Generally Accepted Accounting Principles, Governmental Accounting Standards Board). The Principal Accountant serves as the first-level manager and supervisor of professional accountants (Senior Accountants and Accountants) and administrative staff. This position is responsible for ensuring the effective and efficient day-to-day performance of accounting functions through training of subordinate staff, assigning and distributing of work, directing staff in their job duties, monitoring quality and progress of assigned work, and providing feedback to staff, as needed.
Typical Principal Accountant job duties may include, but are not necessarily limited to:
Overseeing internal and external audits of financial records, including acting as the point of communication, distributing audit-related tasks, and implementing changes identified during the audit.
Providing strategic direction for the work unit and oversees the daily financial operations to ensure compliance to federal, state, and local guidelines and laws (e.g., Generally Accepted Accounting Principles, Governmental Accounting Standards Board).
Managing the accounts payable and/or accounts receivable processes, including setting goals and objectives for the unit.
Overseeing the maintenance of banking records and informs decisions regarding what banks to utilize.
Preparing, monitoring, and administering departmental or organizational budgets by reviewing spending trends/expenditure reports, analyzing financial data and ensuring expenditures are within annual budgetary limits.
Performing the financial closing process at the end of an accounting period (i.e., monthly, quarterly, yearly).
Overseeing the maintenance of the general ledger by reviewing and approving journal entries, auditing for accuracy and completeness, creating journal entries and adjustments, and reconciling the ledger to other financial records.
Researching and preparing grant proposals and overseeing grant funds, including creating policies to administer the grant, maintaining grant financial records, and producing grant reports.
Procuring and/or managing inventory (i.e., supplies and equipment) to ensure the products and services are available to meet the operational needs of each department.
Facilitating the contract approval process and entering contract parameters into accounting software once approved.
Engaging in activities designed to ensure professional development, awareness of developments in the field, and knowledge of relevant practices, rules, laws, policies, and/or guidelines.
Supervising staff by assigning and distributing work, directing staff in their job duties, monitoring progress of work, providing feedback and/or training.
Monitoring and troubleshooting the accounting system (e.g., payroll, billing, accounting) through coordination with the IT department.
Compensation & Benefits
Salary range: $58,094 - $90,126 (starting salary is commensurate with education and experience)
Flexible work arrangements including remote/telework options for up to two days per week and alternative work schedules (e.g., four 10-hour days). Such flexible work arrangements must be approved by the Department Director.
Excellent medical insurance with employee monthly contribution as low as $32.50/month
Behavioral health plan
Group Term Life & AD&D Insurance, Voluntary Term Life & AD&D, Whole Life Insurance, and Short-term Disability options
Paid vacation and sick leave
Generous holiday schedule
Membership and admission benefits for City attractions such as the Birmingham Zoo, Birmingham Museum of Art, Southern Museum of Flight, and more.
Experience as an Accountant or Senior Accountant (or comparable position) performing governmental accounting work within a comparably-sized municipality
Accounting experience that requiring application of and compliance with Generally Accepted Accounting Principles (GAAP) and the accounting standards established by the Governmental Accounting Standards Board (GASB)
Master's Degree in Accounting or Finance
To be considered for qualified for the position, a candidate must possess the following:
A Bachelor's Degree (or higher) in Accounting, Finance, Business Administration.
Experience performing accounting functions such as preparing general ledger, accounts payable, accounts receivable, financial statements, payroll, or budgets.
Experience reviewing and/or reconciling financial accounts (e.g., bank statements and activity, cash transactions, general ledger accounts).
Experience with periodic financial reporting (e.g., balance sheets, income statements, transaction process reports, daily cash reports).
Experience assigning and reviewing the financial work of others (e.g., verifying financial data for accuracy).
Adorning the name “The Magic City,” Birmingham, Alabama is a vibrant place of outstanding communities and unlimited potential. Consisting of a population of over 200,000 and serving as the central hub of a metropolitan area of over 1.1 million, the Birmingham is the largest city and the economic center of the State of Alabama.
Birmingham offers an array of advantages that make it a perfect place to start or grow your career. Today’s Birmingham serves as an economic, cultural, and societal leader for the Southeast. It is home to world-class universities and medical research facilities and professionals, a critically-acclaimed culinary arts scene bursting with eclectic restaurants, a thriving arts community, a diverse range of local music venues and events, national and international sports and athletic competitions, and a progressive business climate with a strong entrepreneurial spirt and a devotion to social justice. Sitting in the foothills of the Appalachian Mountains, Birmingham also provides an abundance of natural and scenic wonders, beautiful parks, hiking and biking trails, and mild weather to complement virtually any lifestyle or adventure. Birmingham provides thes...e amenities, along with a robust, diverse and inclusive lifestyle, all while remaining as one of the most affordable cities to live in the nation.
With the motto of Putting People First, the City of Birmingham works to ensure employees and the citizens of Birmingham are the number one priority. Employment with the City provides an opportunity to work in an environment that fosters a culture of teamwork and community, supports equity and justice, promotes employee growth and development, and encourages individualism, while also emphasizing accountability to fellow coworkers and the community. Putting People First also means that, as an employer, the City of Birmingham strives to provide and maintain a highly competitive compensation structure, excellent health and medical benefits, and a strong and secure retirement and pension plan, along with other employee wellness benefits and programs. Working with the City of Birmingham provides not only the opportunity for a productive and secure career, but also a career that provides meaning and the opportunity to truly make a difference.