The Controller is responsible for this division and oversees the Financial Reporting and Accounting Operations sections of the Office of Business & Financial Services.
Financial Reporting handles the accounting function for the City, which includes analysis of financial data, preparation of all fiscal year-end financial reports, including the Comprehensive Annual Financial Report (CAFR), preparation of supporting documentation to assist the external auditors during the year-end audit process and implementation of new accounting pronouncements and standards.
Accounting Operations is comprised of three sections:
- Accounts Payable – Monitors and processes cash disbursements, credit card disbursements and ensures compliance with internal policies and procedures.
- Revenue Collection – Processes cash and credit card payments received from federal, state and local sources, including payment for City services.
- Payroll – Processes weekly or bi-weekly payroll for more than 3,600 City employees, submits all payroll tax withholdings and prepares all necessary payroll tax reports, while ensuring compliance will all federal and state payroll and compensation laws.
To provide timely and accurate financial information and analyses in accordance with Generally Accepted Government Accounting Principles, assist management in making informed economic decisions, process accounts payable and payroll payments and process and receive revenue owed to the City in an accurate, timely and cost effective manner while adhering to City of Orlando policies and procedures.