Basic Function
Reporting directly to the Finance Director and under the overall supervision of the Chief Financial Officer, the Controller directs and supervises the accounting functions within the Finance Department of the City of Princeton. This role includes managing accounting records, overseeing internal controls, preparing financial reports, and ensuring compliance with all relevant regulations. The Controller will also play a key role in the budgeting process and will act as a liaison for external audits.
Essential Functions:
- Supervise and oversee all accounting functions including accounts payable/receivable, payroll, cash collection, and fixed assets.
- Ensure the accuracy, efficiency, and integrity of financial records.
- Implement and maintain accounting systems and procedures.
- Ensure compliance with federal, state, and local financial regulations, GAAP, and GASB.
- Coordinate and manage external audits, including preparation of necessary documents and schedules.
- Implement auditor recommendations and new accounting standards as required.
- Prepare monthly, quarterly, and annual financial statements.
- Coordinate the timely preparation of the Annual Comprehensive Financial Report (ACFR).
- Monitor costs and monthly statements for banking and merchant accounts.
- Develop and update financial policies and procedures to enhance internal controls.
- Provide training to city departments on financial processes and compliance.
- Performs other duties as assigned or needed.