Salary : $149,748.00 - $206,652.00 Annually
Location : Torrance, CA
Job Type: Permanent Full-time
Job Number: 24031274
Department: Finance
Opening Date: 03/05/2024
Closing Date: Continuous
DESCRIPTION
WE STRONGLY ENCOURAGE APPLICANTS TO READ THE JOB ANNOUNCEMENT
IN ITS ENTIRETY BEFORE SUBMITTING AN APPLICATION FOR THIS POSITION.
The City of Torrance is recruiting for an Accounting Manager to be part of the Finance Department Team!
About the Department:
The Finance Department is a dynamic organization whose mission is to protect the City's assets while providing and supporting the Torrance community with sound financial advice in a timely, cost effective and professional manner. The department's $6.3 million General Fund budget, $28.5 million Self-Insurance budget and day-to-day operations is skillfully executed by 42 staff members. The Finance Director assists the City Manager with the Operating and Capital Improvement Plan budgets, serves as advisor to the Land Management Team and Investment Committee, and presents to the City Council an annual audited statement of the City's financial condition prepared in accordance with governmental reporting standards promulgated by the Governmental Accounting Standards Board (GASB). Responsibilities of the Finance Department include:

• Accounting
• Accounts Payable
• Audit-External/Internal
• Billing/Collection
• Budget-Operating/Capital
• Business License
• Central Cashiering
• Debt Financing
• Financial Reporting
• Payroll
• Purchasing
• Revenue
• Risk Management
• Worker's Compensation

The Accounting Division is a dedicated team of professionals who contributes to the full transparency of the City's financial transactions. In addition, the Accounting Division provides specialized and centralized accounting and financial support, which includes Accounting, Accounts Payable, and Payroll, to other City departments.
The Position:
Responsibilities of Accounting Manager includes:

• Take a significant leadership role with oversight of an excellent team of dedicated financial specialists;
• Be responsible for the daily operations of the Division to ensure a high performance, customer service-oriented work environment;
• Develop, implement, and evaluate the Division's plans, policies, and procedures to achieve annual goals and work standards;
• Analyze complex financial data and prepare financial reports; and
• Prepare and administer the annual budget for the Division. For a detailed position description, please click here

Salary Information :
Minimum $12,479 - Reference $14,975 - Maximum $17,221 per month Benefits
Appointments are typically made between the minimum and reference point, depending on qualifications.
QUALIFICATION GUIDELINES

What we need from you:
Any combination of education and experience that provides the knowledge and skills is qualifying. A typical way to obtain the knowledge and skills would be:

Graduation from a recognized four-year college or university with a major in accounting, finance, business administration, or a closely related field and at least five years of progressively responsible financial experience in accounting, budgeting, or auditing, preferably in a governmental agency; and a valid California Class C driver's license.

In addition to the qualifications above, the ideal candidate will possess the following:

• Certification as Certified Public Accountant (CPA) or Certified Management Accountant (CMA);
• Sound technical skills in public sector accounting and finance;
• Proven critical thinking and problem solving skills; and
• Team player orientation with strong managerial skills.

HOW TO APPLY & EXAM PROCESS

Does this sound like a position for you? Here's how to apply:
Interested candidates must submit an online application, supplemental questionnaire, and resume at Application submission will be accepted on a continuous basis until the position is filled. Applicants are encouraged to apply early. The next review date of application will be those received by Monday, March 18, 2024.
Note: If a sufficient number of qualified applicants are received, the examination process for hire could happen at any time.
Only those candidates who best meet the Department's and City's requirements will be invited to participate in the examination process, which will consist of the following components:

Oral Interview weighted 100% {Tentatively scheduled on Tuesday, March 26, 2024)
The resume must be attached to the on-line application and submitted simultaneously by the close of the filing period.
SPECIAL NOTES

Visit to find out more information about our Community.
The City of Torrance Conflict of Interest Code requires that employees in this classification file an annual Financial Disclosure Statement. Information about this requirement may be obtained from the City Clerk's office.
Applicants with disabilities who require special testing arrangements must contact Human Resources prior to the examination date

As a condition of employment, candidates must pass a background check and a pre-employment medical examination.

The provisions of this announcement do not constitute an expressed or implied contract, and any provisions contained in this announcement may be modified or revoked without notice
BENEFIT SUMMARY FOR EXECUTIVE AND MANAGEMENT EMPLOYEES
Note: Not all benefits listed may be applicable to all positions with in the unit. Please refer to the MOU for specifics.
Health, Dental, Vision and Life Insurance (sec.3.1)
The City's contribution for health insurance is up to $1,470.96/month.
Employee only Employee 1 Employee 2 or more
Full time EE's $597.68 $1,140.36 $1,595.96
Part time $371.40 $639.24 $873.20
The City's monthly contribution for vision insurance is $3.33
The City's monthly contribution for dental insurance is $33.71/EE only and $67.42/EE 1 or more
The City provides a Cash In-Lieu payment of $400 per month for eligible full-time employees for as long as the employee opts-out of medical coverage
Category A employees: City shall cover under a $100,000 accidental and $200,000 term life insurance policy
Category B employees: City shall cover under a $100,000 accidental and $100,000 term life insurance policy
Disability Insurance (sec 3.1)
Employee receives 2/3 base pay after elimination period (14 consecutive days for STD and 180 consecutive days for LTD)

Retirement (Sec. 3.2)
PERS 2%@55
Employees hired prior to 09/21/2010, City pays 7% EPMC (9% for Fire Chief and Police Chief).
Employees hired on or after 09/21/2010 pay the 7% EPMC (9% for Fire Chief and Police Chief).
*Employer Paid Member Contribution (EPMC)
PERS 2%@62 (Miscellaneous / PERS 2.7%@57 (Safety)
" New" members hired on or after 1/01/2013 pay 50% of normal cost with three year average final compensation.
Deferr ed Compensation (sec. 3.3)
Required participation into a 457 plan, 401(a) plan, and a Retirement Health Savings Plan
401A Plan : City will match up to maximum of 0.5% of monthly base pay

Sick Leave (sec.3.4)
Accrual rate is 6 (six) hours per month. (Except City Manager)
Admin/Personal/Vacation Leave (Sec. 3.6) (Sec. 3.8) (Sec. 3.9)
Admin Leave: 8 days per fiscal year (Category A employees)
Personal Leave: 3 days per fiscal year (Category B employees)
(Vacation Accrual rate per month) :
Year 1:9.33 hours; Years 2-4: 10 hours; Years 5-9: 12.67 hours; Years 10-20: 16.02 hours; Years 21 - 24: 17.34 hours; Year 25 : 18 hours. Maximum accrual 500 hours
Holidays (Sec 3.7)
13 paid holidays (New Year's Day, Martin Luther King Jr.'s Birthday, Lincoln's Birthday, Washington's Birthday, Memorial Day, Independence Day, Labor Day, Veteran's Day, Thanksgiving Day, Day after Thanksgiving Day, Christmas Eve, Christmas Day, New Year's Eve)
Bereavement Leave (sec 3.10)
Up to five (5) work shifts of bereavement leave; three (3) shifts with pay and two (2) shifts without pay per death of eligible family members
Reimbursable Expenses (Sec. 3.13)
Category A employees: Up to $1,500 per fiscal year
Category B employees: Up to $750 per fiscal year