Accounting Specialist 13

State of Michigan • Lansing, MI

8d

About The Position

This position serves as General Ledger and Interim Assessment Specialist. The position has the sole responsibility for monitoring and analyzing General Ledger balances on a monthly basis providing Interim Assessments which mirror year-end closing monitoring for LARA which is highly diverse and complex in its organizational and Budgetary structure. LARA’s annual appropriation is $408 Million with over 75 funding sources including Federal, Private, Local and Restricted. Since the inception of MAIN, it is imperative that General Ledger balances are monitored on an ongoing basis so that the Budget and Accounting Directors and lead Managers have accurate totals for Budgetary Projections that are used by the Legislature, LARA Executive Office and the Office of Financial Management. The position performs independent research and analysis assignments and recommends proper treatment of accruals, expenditures, and revenue disposition throughout the year. Year-end closing activities of LARA’s accounting records require the performance of highly complex duties under very tight closing deadlines set by Department of Management and Budget, Office of Financial Management. In depth, specialized knowledge of the following accounting areas is required: GAAP (Generally Accepted Accounting Principles), specific transactions and how the MAIN financial tables are affected, the General Ledger in MAIN and the state’s SOMCAFR. (State of Michigan Consolidated Annual Financial Report).

Requirements

• Possession of a bachelor's degree with at least 24 semester (36 term) credits in accounting.
• Four years of professional experience performing or auditing the systematic classification and evaluation of accounting data and the preparation of related financial and managerial reports equivalent to an Accountant, Auditor, or Assistant Auditor General.
• Two years equivalent to an Accountant P11, Auditor P11, or Assistant Auditor General P11 or one year equivalent to an Accountant 12, Auditor 12, or Assistant Auditor General 12.
• Specialized knowledge of GAAP (Generally Accepted Accounting Principles).
• Specialized knowledge of specific transactions and how the MAIN financial tables are affected.
• Specialized knowledge of the General Ledger in MAIN.
• Specialized knowledge of the state’s SOMCAFR (State of Michigan Consolidated Annual Financial Report).

Nice To Haves

• Possession of a Certified Public Accountant certificate (CPA) may be substituted for one year of Accountant P11 experience.
• Possession of a Certified Management Accountant certification (CMA) may be substituted for six months of Accountant P11 experience.

Responsibilities

• Monitoring and analyzing General Ledger balances on a monthly basis.
• Providing Interim Assessments which mirror year-end closing monitoring.
• Performing independent research and analysis assignments.
• Recommending proper treatment of accruals, expenditures, and revenue disposition throughout the year.
• Performing highly complex duties under very tight closing deadlines for year-end closing activities.

Benefits

• Accommodations if you require a reasonable accommodation to participate in the application or selection processes, please contact the ADA coordinator for the agency that posted this position vacancy.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level