GAAP ACCOUNTANT

POSITION OVERVIEW

Under administrative direction of the GAAP Coordinator, performs a broad range of accounting and financial activities for the Department of Central Management Services (CMS) leading up to the preparation of fund financial statements and the annual Generally Accepted Accounting Principles (GAAP) reporting process.  Prepares journal entries and financial reports in compliance with GAAP. Travels to attend meetings, training sessions, seminars, and conferences.

POSITION ESSENTIAL FUNCTIONS

• Under supervision, extracts, quantifies, and compiles dollar amounts, converting from cash to either modified accrual or accrual basis in order to prepare monthly, quarterly, and annual financial reports; prepares written entries to journalize amounts in accordance with GAAP as promulgated by the Comptroller in the Comptrollers’ Statewide Accounting Management System (SAMS) Procedures Manual.
• Prepares monthly, quarterly, and other financial reports and reconciliations for internal use or as required by the Comptroller for the funds assigned, including reconciliations of cash, appropriations, expenditures, fixed assets, accounts receivable, accounts payable, lapse period expenditures and other required or assigned financial reports for supervisory or management review.
• Completes Comptroller financial reporting SCO forms (both computerized and manual) for use in the annual GAAP reporting process; enters all adjusting and reclassification entries, and rolls-up and verifies applicable funds applications; prints and assembles fund packages and non-WEDGE SCO forms in a format prescribed by the agency for supervisory and management review.
• Works with external, internal auditors and other applicable parties as assigned, to answer questions or explain records or the information provided in the GAAP packages or other financial reports.
• Performs other duties as required or assigned, which are reasonably within the scope of duties enumerated above.

MINIMUM QUALIFICATIONS

Requires a bachelor’s degree in accounting or bachelor’s degree other than accounting is acceptable if it includes at least 18 credit hours in accounting courses towards such degree.

PREFERRED QUALIFICATIONS

• Prefers two (2) years’ professional experience preparing complete financial statements (balance sheet, income statement, cash flow statement, footnotes) in accordance with Generally Accepted Accounting Principles (GAAP).
• Prefers a registered or licensed CPA (Certified Public Accountant).
• Prefers working knowledge of accounting theory, principles, methods, and procedures.
• Prefers two (2) years’ professional accounting experience working for governmental type agencies.
• Prefers working knowledge with Systems, Applications & Products (SAP) in Data Processing and Quickbooks or equivalent accounting software.
• Prefers extensive knowledge of office methods, procedures, and standard office software packages (i.e., Microsoft Outlook, Access, Excel, Word, etc).
• Prefers one (1) year of professional experience effectively developing and maintaining cooperative working relationships.

CONDITIONS OF EMPLOYMENT

• This position requires the applicant to pass a background check.
• Overtime is a condition of employment, and you may be requested or required/mandated to work overtime including scheduled, unscheduled, or last-minute overtime.
• Requires the ability to travel in the performance of duties, with overnight stays as appropriate. Requires appropriate, valid driver’s license.