GAAP Accountant

Position Overview

The Illinois Department of Healthcare and Family Services, Division of Finance, Bureau of Fiscal Operations is seeking to hire a GAAP Accountant. This position is responsible for performing a broad range of accounting and financial activities leading up to the preparation of financial statements through the annual Generally Accepted Accounting Principles (GAAP) reporting process. The GAAP Accountant prepares monthly, quarterly, and other financial reports and reconciliations for internal use or as required by the Illinois Office of the Comptroller (IOC) for the funds assigned, including reconciliations of cash, receipts/revenues, appropriations, expenditures, fixed assets, accounts receivable, accounts payable, lapse period expenditures, and other required or assigned financial reports for supervisory or management review.

While this position does not require a CPA license, it is preferred.

HFS values employees with different backgrounds, life experiences, and talents. If you are seeking a new opportunity, and this position appeals to you, please apply today!

Essential Functions

• Under administrative direction, serves as a GAAP (Generally Accepted Accounting Principles) Accountant for Illinois Department of Healthcare and Family Services (HFS), Division of Finance, Bureau of Fiscal Operations by performing a broad range of accounting and financial activities leading up to the preparation of financial statements through the annual GAAP reporting process
• Prepares monthly, quarterly, and other financial reports and reconciliations for internal use as required by the IOC for the funds assigned, including reconciliations of cash, receipts/revenues, appropriations, expenditures, fixed assets, accounts receivable, accounts payable, lapse period expenditures, and other required or assigned financial reports for supervisory or management view
• Completes HFS and IOC financial reporting forms (both computerized and manual) for use in the annual GAAP or other reporting process
• 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. A bachelor's degree other than Accounting is acceptable if it includes at least 18 credit hours in accounting courses towards such degree
• Requires two (2) years of experience preparing complete financial statements (balance sheet, income statement, cash flow statement, footnotes) in accordance with GAAP

Preferred Qualifications

• Registered or licensed Certified Public Accounting (CPA)
• Working knowledge of accounting theory, principles, methods and procedures
• Two (2) years of accounting experience working for governmental type agencies
• Two (2) years of experience utilizing an accounting system such as the Comptroller’s Statewide Accounting Management System (SAMS), and Systems, Applications and Products (SAP)

Conditions of Employment

• Requires completion of a background check and self-disclosure of criminal history
• Requires the ability to maintain and utilize state issued equipment such as a laptop
• Requires ability to travel in the performance of duties, with overnight stays as appropriate
  
  • The conditions of employment listed here are incorporated and related to any of the job duties as listed in the job description

Agency Statement

At the Illinois Department of Healthcare and Family Services (HFS), we value staff as our greatest asset. We work in a spirit of teamwork to help millions of Illinoisans access high-quality healthcare and fulfill child support obligations to advance their physical, mental, and financial well-being. We provide healthcare coverage for children and adults through Medicaid and other medical programs, and we help ensure that children receive financial resources from both their parents through Child Support Services. The HFS Office of the Inspector General investigates, audits and reviews program activity to ensure the integrity of our programs is maintained.

HFS is committed to promoting and preserving a workplace culture that embraces diversity, equity, and inclusion.  We welcome and value employees with different backgrounds, life experiences, and talents.  It is the collective sum of our individual differences that provides a broad perspective, leading to greater innovation and achievement.  In recruiting for our team, we recognize the unique contributions of each applicant regardless of culture, ethnicity, race, national origin, sex, gender identity and expression, age, religion, disability, and sexual orientation. HFS is an equal opportunity employer.

Benefits Statement

Employees receive a robust benefit package including:

• Monday-Friday work schedule
• Flexible work schedules are available in many program areas. (Remote work may be an option for certain positions.)
• Health, Life, Vision, and Dental Insurance
• Pension Plan
• Paid Parental Leave
• Deferred Compensation Program and other pre-tax benefit programs (Medical/Daycare)
• Employees earn (12) paid Sick Days annually.
• New Employees earn (10) paid Vacation Days their first year of service and can earn up to (25) paid Vacation Days annually.
• Employees earn (3) paid Personal Days annually.
• (13-14) paid holidays annually (based on start date)