Los Angeles Community College District

Compiles and analyzes a wide variety of highly complex bond related transactions, financial and statistical reports, statements, and summaries for compliance with sound financial practices and bond requirements; prepares reports of findings; recommends corrective measures and solutions; and ensures proper use of funds.

Reviews the design and effectiveness of internal controls related to the effective tracking of bond funds and corrects and prevents problems and makes adjustments as required.

Maintains knowledge of bond issuance schedules, debt service requirements, and capital fund restrictions.

Performs cash flow projections for assigned bond funds; prepares cash flow statements for assigned funds; and reviews and approves transfers or deposits in response to the funding needs of the bond program prior to the commitment of projects and contracts.

Consults with administrators, bond program staff, and auditors in the development and control of assigned bond accounts.

Provides assistance in the coordination of bond financing activities with District’s Municipal Advisor, bond counsel, and the Facilities Division; reviews financial documents; tracks bond related employee salaries, and the spend down of bond funds; and monitors repayment and compliance with regulations.

Provides assistance in the financial oversight of special District funds such as Debt Service Fund and Building Fund.

Collaborates with Facilities Planning & Development and Project Management Offices (PMOs) to ensure financial data aligns with construction schedules and project budgets.

Effectively utilizes the capabilities of management information systems and software related to bond programs.

Develops technical specifications for the marketing, service, and sale of bonds.

Coordinates investments of available program funds with County Treasurer, bankers and bond trustees.

Maintains awareness of potential, pending, and current legislation and trends that may impact assigned area.

Prepares status reports and correspondences and makes presentations related to assigned area.

Serves as a resource at meetings to discuss and advise on bond accounting compliance issues.

Performs related duties as assigned.

A Bond Accounting Analyst performs highly complex professional accounting and financial analysis and reporting duties related to the Build LACCD bond program; interfaces with the Facilities Division for accurate tracking and recording of spending of assigned bond funds.

A Finance Project Manager–Bond and Special Funding, performs a combination of professional accounting, financial, and administrative analysis related to the bond program and other specialized funding sources; provides assistance to the Vice Chancellor/Chief Financial Officer by exercising financial and administrative oversight of special projects and programs, transacting treasury functions, and technical review of external audits; interfaces with the Facilities Division for accurate tracking and recording of spending of bond proceeds; supervises the work of an assigned unit.

General supervision is received from a Finance Project Manager-Bond and Special Accounting. Work direction and technical assistance may be exercised over professional and technical staff.

Knowledge of:

Requirements related to the organization, servicing, and administration of bonds

Principles and practices of bond fiscal management and reporting

Principles and practices of auditing, accounting and internal controls related to bond programs

State laws and regulations pertaining to bond measures including Proposition 39 and 46, Tax and Revenue Anticipation Notes, Certificates of Participation and Subsidy Bonds

Federal, state, and local laws, ordinances, codes, and regulations, and policies affecting bond accounting and financial systems

Enterprise systems and software used in bond accounting and financial management

Principles and procedures of general and governmental accounting

Banking and investment policies, regulations, and practices

Current trends and developments in bond accounting and financial management

Research, statistical, and forecasting methods used in accounting and financial analysis and management

Organization and management of records

Ability to:

Effectively apply principles and procedures for accurate tracking of spending of bond funds

Analyze highly complex bond accounting and financial data; draw conclusions, and make sound findings and recommendations

Apply accounting principles to the analysis of highly complex bond accounting problems

Interpret and apply laws, rules, and regulations related to bond accounting and financial systems

Prepare accurate bond accounting and financial reports, statements, and documents

Express complex concepts effectively, orally, visually and in writing

Exercise initiative, discretion, and critical judgment

Consistently use and promote professional standards and practices related to assignments

Anticipate conditions, plan ahead, establish priorities, and meet deadlines

Maintain a focus on details, quality, and precision in the performance of duties

Actively contribute to a culture of constructive collaboration and innovation with colleagues

Train others in specialized accounting and financial practices and procedures

Establish and maintain effective and cooperative working relationships with a diverse pool of District administration, staff and representatives of government agencies, and various private organizations

Effectively utilize computer equipment, software, and management information systems in the performance of duties

Keep accurate and complete records

Travel to off-site meetings

Learn specialized software applications used in accounting and financial systems

Education:

A. A bachelor’s degree from a recognized college or university, which included or was supplemented by at least 24 semester units of accounting coursework. A degree with a major in accounting, finance, business administration, or a related field is desirable.

OR

B. A valid license to practice as a Certified Public Accountant in California

Experience:

Four years of full-time, paid, professional-level experience in bond accounting or bond financial analysis. Experience with a public agency is desirable.

Special:

A valid Class “C” California driver's license.

Travel to locations throughout the District is required.

Reasonable Accommodation

Our class specification generally describes the duties, responsibilities, and requirements characteristic of the position(s) within this job class. The duties, responsibilities, and requirements of a particular position within this class may vary from the duties of other positions within the class.

In accordance with the Americans with Disabilities Act (ADA), the Los Angeles Community College District provides reasonable accommodation to qualified individuals with covered disabilities on a case by-case basis throughout the application, examination, and hiring processes and throughout employment. If an individual is in doubt about their ability to perform the duties and responsibilities of a position or possession of any other requirement noted in a class specification or job announcement, they should always apply for a position and request reasonable accommodation at the appropriate time.