General Description***There will be a 3.9% increase to the salary range for this position, effective July 1, 2024***Irvine Ranch Water District is currently accepting applications for an
Accountant in our Finance/Treasury Department.
The District Irvine Ranch Water District (IRWD) is a progressive, values-driven agency, with an international reputation for its leading-edge financial management practices, water recycling program, water use efficiency practices, water banking, urban runoff treatment, and energy generation and storage. Established in 1961 as a California Water District under the provisions of the California Water Code, IRWD is an independent special district serving central Orange County. IRWD provides high-quality drinking water, reliable sewage collection and treatment, ground-breaking recycled water programs, and environmentally sound urban runoff treatment to its customers. As an independent, not-for-profit public agency, IRWD is governed by a publicly elected five-member Board of Directors. The Board is responsible for the District's policies and decision-making. Day-to-day operations are supervised by the General Manager. Additional information can be found at the District's website: www.IRWD.com.
The PositionAccountants routinely perform analytical duties with responsibility for one or more of the following areas: General Ledger, Inventory, iProcurement / Purchasing, Accounts Payable, Accounts Receivable, Payroll Accounting, Debts, Investments, Real Estate, Water and Wastewater Accounting, Water Budget, Year End Processing, Financial Reporting.
Summary of DutiesThe responsibilities assigned to Accountants may include any of the following depending on functional areas of expertise and District needs:
All assigned areas Perform as back-up to other Accountants / Senior Accountant.
Perform special projects and assignments.
Perform other duties as assigned.
Comply with District work-related safety practices and attend relevant safety training.
General Ledger Understand and apply accrual basis of accounting and GAAP.
Understand and apply Chart of Accounts.
Perform general ledger period end closing process.
Perform inventory / cost management subledger period end closing process, review and balance subledger control accounts to general ledger.
Perform purchasing / cost management subledger period end closing process, review and balance subledger control accounts to general ledger.
Prepare, review and approve journal entries with proper supporting documentation for recording and adjusting transactions.
Review, analyze, and balance various general ledger accounts.
Process, review, balance, and report G&A and provide recommendations.
Review, reconcile, and report equipment usage and cost pool.
Review, reconcile, and report inventory material overhead.
Project and Grant Subledger Accounting In charge of project and grant subledger accounting.
Analyze and reconcile projects identified and entitled from local agencies, state or federal grants.
Prepare supporting documentation for grant filling.
Reconcile grant receivables and revenues.
Prepare and coordinate single audit or program audit.
iProcurement / Purchasing, Accounts Payable, and Accounts Receivable Understand recording of payables, expenses, and payments in iProcurement / Purchasing and Accounts Payable; review PO / invoices to determine proper recording.
Understand recording of receivables, revenues, and cash receipts in Accounts Receivable; record, review, and balance transactions in Receivables subledger.
Prepare, review, balance, and report transactions related to property taxes and connection fees.
Prepare, review, balance, and report UB receivables and revenues.
Prepare, review, and approve Daily Cash Report.
Payroll Accounting Act as a back-up for Payroll Administrator.
Understand recording of payroll transactions and adjustments in the payroll subledger and general ledger.
Prepare, review, analyze, and reconcile payroll related accounts to the general ledger.
Perform and review all payroll journal entries such as payroll costing, vacation and sick accruals, and payroll cash fund transfers.
Perform reconciliations of various reports and accounts.
Prepare annual State Controllers Report for payroll and other reporting for internal/external use.
Identify and assist with testing of payroll automation opportunities and any payroll system updates.
Identify issues, find solutions, and make recommendations for improvement.
Formulate, establish and maintain processes and procedures to improve internal controls.
Work closely with various departments to solve issues and provide recommendations.
Ensure activities are in accordance with District policy, regulations, and guidelines.
Ensure proper application of established accounting processes and procedures.
Debt, Investments and Real Estate Record new debt; maintain, reconcile, balance and analyze debt accounts; reconcile and maintain capital expenditures and construction fund availability.
Maintain, reconcile, balance and analyze bank accounts, cash ledgers, treasury ledgers and investment ledgers.
Prepare and record fair market value of investments.
Calculate and record investment interest accrual and investment receipts.
Record, maintain, reconcile, balance and analyze real estate transactions; work with outside bookkeeping companies to resolve any accounting issues; prepare reports and calculate rate of return.
Water and Wastewater Accounting and Water Budget Maintain, reconcile, balance, and analyze water revenues and expenses.
Generate various reports for internal customers and outside agencies.
Process water bills with correct coding in the iProcument and verify that the invoices are paid on a timely manner.
Assist in preparing water budget.
Maintain, reconcile, balance and analyze accounts related to equity participation and operational contracts with the Orange County Sanitation District.
Year End Processing and Financial Reporting Responsible for year-end processing of relevant accounting functions including preparing lead and audit schedules for the annual external audit.
Prepare ACFR's introductory section, notes to the basic financial statements, basic financial statements, and statistical section.
Prepare the Public Water System Statistics Report filing to the Department of Water Resources in Sacramento, California Municipal Utilities Association Report, Water Rate Survey Report filing to OC Water Agency, Certification for number of Retail Water Meters to MWDOC and East Orange County Water District.
Prepare, with appropriate oversight, the annual State Controller's reports.
QualificationsEducation: - A combination of education and experience equivalent to a bachelor’s degree in business administration or related field with accounting emphasis is required. For degrees obtained outside of the U.S., an official equivalency evaluation is required.
Experience: - Two (2) years of experience in a general accounting environment is required.
- Ability to create and maintain spreadsheets, amortization schedules, databases, and flowcharts including the use of financial functions.
License/Certifications - A valid California Class C driver's license is required.
Additional Information IRWD Corporate Values Irvine Ranch Water District believes that its values drive the character, culture, and capacity of our organization. IRWD was built on values, and we weave them into the fabric of everything we do. Values are the ingredients in our recipe for both institutional and individual success. They are a code of conduct to promote positive outcomes for others and ourselves. They are more than words on a wall or a website. We live by them every day. We pledge to keep them relevant in an ever-changing world.
IRWD's employees enjoy working in a safe, supportive, and nurturing environment where they form strong bonds with fellow employees. To ensure effective communication and promote a collaborative team environment, employees report to work each day in the office or in the field, depending on their positions.
The physical and mental demands described below are representative of those that must be met by employees to successfully perform the essential functions of this class. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Language Ability and Interpersonal Communication
Ability to communicate effectively with all levels of office/field employees and management. Represent District in a professional manner when dealing with outside customers and suppliers. Ability to explain, demonstrate and clarify to others within well established policies, procedures and standards, as well as the ability to follow specific instructions and respond to simple and difficult requests from others. Ability to effectively listen and communicate with multi-cultural customers.
Mathematical Ability
Ability to add, subtract, multiply, divide and calculate percentages. Ability to apply Generally Accepted Accounting Principles (G.A.A.P.) and Governmental Accounting Standards (G.A.S.) to all analytical duties.
Technology Ability
Proficiency with the following software programs, depending on the requirement within the specific area of concentration: Oracle Enterprise Business Suite R12 - financials, projects, grants, fixed assets, payables, receivables, payroll, inventory, and purchasing; OBIEE; Excel; Access; Word; Visio. Basic knowledge of SQL queries is preferred.
Judgment and Situational Reasoning Ability
Ability to use good personal judgment and discretion in performing all job functions. Ability to use good judgment in decision making with customers. Ability to work independently with minimum of supervision.
Physical Requirements
Regularly required to sit, walk, bend, stand and stoop. Ability to sit for extended periods of time. Ability to lift up to 20 lbs. on a routine basis.
Environmental Adaptability
Noise level is equivalent to typical office conditions.
IRWD offers a comprehensive benefits package for eligible employees and their eligible dependents. These benefits include the following: retirement benefits; medical, dental, vision, and life insurance; anda variety of other benefits. Benefits may vary based on employment status. This benefits overview is intended to be a summary, is not intended to be all-inclusive,and may not be applicable to all employees.
Retirement Employees hired on or after January 1, 2013:
The District, in compliance with the California Public Employees' Pension Reform Act of 2012 (PEPRA), implemented a third tier for new employees hired on or after January 1, 2013. New employees hired on or after January 1, 2013 who have not been in PERS membership or in membership with a reciprocal retirement system within 6 months of hire date will receive benefits under the California Public Employees Retirement System at a 2 percent at age 62 formula. This formula gradually increases to a maximum benefits of 2.5 percent at age 67. Final compensation calculations will be based on the highest three-year average of regular recurring pay. The District pays the employer's share of these costs. The employee share of the pension cost of 7.50% is paid in full by the employees hired under this formula.
Employees hired on or after September 29, 2012 or "Classic" PERS members hired on or after January 1, 2013:
On September 24, 2012, the IRWD Board of Directors approved the addition of a second tier to the CalPERS retirement benefits. New employees hired on or after September 29th through December 31, 2012, and employees hired on or after January 1, 2013 who have been in PERS membership or in membership with a reciprocal retirement system, will receive benefits under the California Public Employees Retirement System at 2 percent at age 60 formula. This formula gradually increases to a maximum benefit of 2.418% at age 63. The District pays the employer share of these costs and the employee share of the pension cost of 7% is paid in full by the employees hired under this formula. Final retirement compensation calculations are based on the highest three-year average of regular, recurring pay.
IRWDdoes not participate or pay into Social Security except for the Medicare portion.
Medical InsuranceIRWD contracts with CalPERS for medical insurance coverage. Employees may elect coverage from a variety of PPO and HMO plans. The employee and District contribution for health insurance varies by plan.Coverage is effective the first day of the month following the date of hire.
Dental InsuranceIRWD contracts with Delta Dental for dental coverage.IRWD pays 100% of the premium for dental coverage for eligible employees and their eligible dependents. Coverage is effective the first day of the month following the date of hire.
Vision InsuranceIRWD contracts with the EyeMed for vision coverage. IRWD pays 100% of the premium for vision coverage for eligible employees and their eligible dependents. Coverage is effective the first day of the month following the date of hire.
Life InsuranceElgible employees are provided with life insurance coverage equal to three or four times their annual salary, depending on their level of compensation. Eligible dependents are also covered for a flat benefit amount. Coverage is effective the first day of the month following the date of hire.
Deferred CompensationParticipation in adeferred compensation plan is available through Empower Retirement. Enrollment is voluntary and contributions are employee-paid and subject to IRS limits. The District matches employee contributions up to 3% of base pay after 1 year of employment.
Paid VacationEligible employees begin accruing vacation benefits at the rate of 80 hours per year for the first 5 years of employment and are eligible to use paid vacation time after 6 months of employment. Employees accrue 120 hours per year after 5 years of employment and 160 hours per year after 10 years of employment.
Paid HolidaysThe District offers 11 scheduled paid holidaysplus one personal holiday per year.
Sick LeaveEligible employees accrue 96 hours of sick leave annually.
Flexible Spending AccountsEligible employees may elect to participate in the District's Flex Advantage program. This program allows employees to deposit pre-tax dollars into special accounts to be used for a variety of purposes, including paying for qualified miscellaneous health care expenses and dependent care expenses. IRWD contracts with a third party administer to process payments from employee accounts using claim forms or a Flex Spending debit card.
Educational AssistanceThe District will share in the pre-approved educational costs of tuition and books for employees who wish to attend college or take certification classes.
Closing Date/Time: Continuous
