Job Information
City of Detroit Supervisory Accountant IV (OCFO) in Detroit, Michigan
Supervisory Accountant IV (OCFO)
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Supervisory Accountant IV (OCFO)
Salary
$93,710.00 - $122,906.00 Annually
Location
Michigan, MI
Job Type
Certified-Regular Civil Service
Job Number
20240313201012GAOCFOJS
Department
Off Chf Financial Officer
Division
General Accounting
Opening Date
03/07/2025
Bargaining Unit
9000-Non Union Salary Regular Service General
Description
Benefits
Questions
Description
Be a Part of the City You Love!
The Office of the Chief Financial Officer - Controllers division is accepting applications for a Supervisory Accountant IV position.
Position Summary
The Supervisor of Fixed Assets will oversee the management, tracking, and reporting of the city's fixed assets. This role ensures compliance with accounting standards and city policies, and provides strategic recommendations for Citywide asset management and tracking.
The incumbent will supervise the entire lifecycle of fixed assets, including acquisition, maintenance, and disposal.
Examples of Duties
Overview of Key Responsibilities:
•Asset Management: Oversee the acquisition, tracking, and disposal of fixed assets, ensure accurate records and compliance with city policies. The incumbent will also be responsible for supervising the Oracle fixed assets month-end closes as well as ensuring transactions are reconciled timely and exceptions resolved amicably.
•Reporting: Prepare and present detailed reports on fixed asset status, depreciation, and fiscal impact to city officials and other stakeholders. Reports may include but are not limited to preparing periodic fixed asset roll-forwards, depreciation, and capital outlay reconciliations, as well as supervising preparation of various year-end audit deliverables. Use Business Intelligence Publisher to create dashboards and custom reports.
•Compliance: Ensure all fixed asset activities comply with all relevant accounting standards and city policies. Supervise periodic testing of fixed assets and host ongoing training sessions for city agencies. Perform relevant technical research to ensure fixed assets policies and standard operating procedures are in alignment with recent changes in accounting standards.
•Team Leadership: Supervise, mentor, and develop a team of fixed asset accountants and support staff.
•Process Improvement: Identify and implement process improvements to enhance efficiency and accuracy in asset management.
•Collaboration: Work closely with other city departments to ensure accurate and timely delivery of asset information as well as support city-wide initiatives.
•Regular Audits: Conduct periodic audits and perform other substantive procedures to verify the existence and condition of assets. Supervise periodic yearend physical inventories.
Using Oracle Cloud ERP technology and through appropriate application modules:
Perform complex accounting research on upcoming changes in Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB).
Supervise preparation, analysis, and presentation of key financial information, roll-forwards, reconciliations and other metrics pertinent to the fixed assets cycle. Ensure such information is timely, accurate, reliable, and professionally presented.
Ensure accounting functions adhere to sound fiscal and regulatory policies and compliance to safeguard public assets and ensure adequate control of agency revenues and resources
Prepare several regular and recurring special purpose reports using Business Intelligence Publisher.
Provide experience in using the specific procedures of automated systems to find, review, or change accounting data in transaction files, subledgers, accounts, summary reports, and financial statements
•Ably present and explain reports orally and in writing to management, accounting staff, and other stakeholders
•Coordinate with other city officials and external auditors and other stakeholders to prepare yearend audit deliverables, otherwise known as PBC’s, for the Annual Comprehensive Annual Financial Report (ACFR).
•Perform other special projects and duties as assigned
GENERAL MANAGEMENT/SUPERVISORY DUTIES AND RESPONSIBILITIES
•Supervise subordinate staff of supervisors, professionals, and paraprofessionals who perform accounting work
•Identify operational issues associated with ERP Cloud or recent technologies to bring to the attention of upper-level personnel for resolution
•Set goals and priorities and prepare project schedules for work completion. Assign work based on level of priority and capabilities of employee.
•Evaluate performance of subordinates and advise, counsel, or instruct subordinate employees on both work and administrative matters.
•Participate in candidate interviews for positions and make hiring, promotional and/or reassignment recommendations as needed.
•Hear and resolve staff complaints. Refer group grievances and more serious complaints to upper management or the Executive team. Recommend minor disciplinary actions such as warnings and reprimands.
•In consultation with the Chief Learning Office, identify developmental and training needs of employees and make provisions for such development and training to occur.
Minimum Qualifications
Education
Bachelor's degree from an accredited college or university, with major course of work in accounting, finance, business administration, statistics, or a closely related field. Such education must include at least twenty-four (24) semester (36 terms) credits of coursework in accounting and statistics (21 hours in accounting and 3 hours in statistics).
Experience
Four (4) years of experience in Accounting principles and functions.
One (1) year of supervisory experience of Class III occupations.
Skills: Strong analytical, organizational, and communication skills. Proficient in accounting software and MS Office Suite
Certifications: CPA, CIA, CMA or MBA from accredited institution preferred.
Equivalency
Equivalent combinations of education and experience that provide the required knowledge, skills, and
abilities will be evaluated on an individual basis.
Supplemental Information
Evaluation Plan
Interview: 70%
Evaluation of Training, Experience & Personal Qualifications: 30%
Total of Interview and Evaluation T.E.P: 100%
Additional points may be awarded for:
Veteran Points: 0 – 15 points
Detroit Residency Credit: 15 points
LRD: 03/06/2025
EMPLOYMENT BENEFITS
The City of Detroit offers a competitive and comprehensive employee benefit package. We pride ourselves on the longevity of our employees. Part of the reason for the low turnover rate is the exceptional benefit package listed below. Benefits include, but are not limited to the following:
HEALTH
Medical - Eligible for hospital, surgical, and prescription drug benefits.
Dental
Vision
INSURANCE
Life Insurance - Optional group insurance available to employee and their family. The City pays 60% of premium for first $12,500 of employee life insurance. Employee may purchase, at own expense, life insurance for spouse and each dependent.
Long-Term Disability Insurance (Income Protection Plan) - The City offers disability insurance through payroll deductions for persons who become disabled and who are not yet eligible for a service retirement.
PAID TIME OFF
Sick Leave
Vacation
Holidays
OTHER LEAVE BENEFITS
The City also has the following paid and unpaid leaves; funeral leave, Family and Medical Leave, jury duty, military duty leave, unpaid personal leave,
RETIREMENT BENEFITS
City Employees Retirement System
As a regular City employee you automatically become a member of the General Retirement System. This entitles you to a retirement allowance after:
• Completion of thirty (30) years of service;
At age sixty (60) if you have at least ten (10) years of service, or
At age sixty-five (65) with eight (8) years of service.
• In the event of disability, other eligibility rules apply);
- An early, actuarially reduced, retirement is offered after you have attained at least twenty-five (25) years of service;
• Employees are vested after ten (10) years of service, regardless of age.
ADVANCEMENT OPPORTUNITIES - Employees have many opportunities for growth and career advancement throughout all City departments and divisions.
Have a successful career with the City of Detroit. Always remember that you are a part of a team with a common Vision of delivering excellent service to the citizens of the City of Detroit.
01
Please indicate your highest level of education completed
High School Diploma/GED
Associate's Degree
Bachelor's Degree
Master's Degree
PhD/J.D.
No Education experience
02
How many years of previous experience do you have in Accounting principles and functions?
0 - 3 Years
4 - 6 Years
7 - 9 Years
10 Years or more
03
How many years of previous supervisory experience do you have?
None
1 - 3 Years
4 - 7 Years
7 Years or more
04
Which of the following certifications do you currently possess?
CPA
CIA
CMA
MBA
Required Question
Employer
City of Detroit
Address
Coleman A. Young Municipal Center 2 Woodward Ave ste 316 Detroit, Michigan, 48226
Website
http://www.detroitmi.gov/Detroit-Opportunities/Find-A-Job
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