Accounts Payable Accountant

State of Colorado • Denver, CO

17h • Onsite

About The Position

The Colorado Department of Revenue's Lottery Division is seeking a detail-oriented Accounts Payable Accountant to join our Financial Services team. In this vital role, you will be the backbone of our financial compliance and operations—managing vendor payments, navigating complex tax obligations, serving as our travel policy expert, and ensuring winner intercept payments reach key state programs. If you thrive on financial accuracy, data integrity, and problem-solving within a collaborative environment, we want to hear from you.

Requirements

• Four (4) years of relevant professional Accounting or Auditing experience.
• A combination of related education in Accounting, Finance, Business (coursework requires 27 semester hours completed in accounting or auditing) and/or relevant experience in an occupation related to the work assigned equal to four (4) years.
• Current, valid licensure as a CPA by the Colorado Board of Accountancy will substitute for four (4) years of education.

Nice To Haves

• Additional years of Accounting or Auditing experience in a government setting.
• Extensive experience applying Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) pronouncements within a public sector environment.
• Hands-on experience using the CORE financial system for entering and approving transactions (such as GAX, JV, and MD) and utilizing UKG dataview reports for payroll reconciliation.
• Expertise in managing federal, state, and foreign tax withholdings, with specific knowledge of IRS same-day reporting rules for high-value winnings.
• Skill in collaborating with legal counsel, such as an Attorney General’s Office, to ensure program operations comply with state statutes.
• Demonstrated ability to perform variance analysis on general ledger accounts and independently resolve discrepancies with vendors or insurance companies.
• Experience performing multi-level reviews of financial statement workpapers and management reports for validity, consistency, and propriety of estimates.
• Ability to maintain accuracy and internal controls while adhering to strict daily, month-end, and fiscal year-end deadlines.
• Knowledge of establishing and maintaining internal control measures to ensure the integrity of full accrual reporting.

Responsibilities

• Issue disbursements to fulfill the Lottery’s financial commitments, review source documents, and monitor vendor records in CORE to ensure alignment with GAAP, GASB, and State Fiscal Rules.
• Audit vendor invoices against contractual agreements and purchase orders (POs), liquidate encumbrances correctly, and track multi-year payments across fiscal years.
• Analyze, refine, and reconcile federal, state, and foreign tax withholdings on daily game winnings, ensuring compliance with strict IRS timelines—including same-day/next-day deadlines for winnings over $120,000.
• Audit subsystem data and process timely payments to the Department of Human Services and Department of Justice for player winning intercepts related to child support and court judgments.
• Monitor vendor payment data integrity, analyze W-9 documentation, and perform ongoing audits in CORE to ensure accurate annual 1099 tax reporting.
• Evaluate employee travel expense reports against statutory state fiscal guidelines, resolve policy discrepancies, and train staff on proper reimbursement submission procedures.
• Issue manual and replacement warrants for claims counters and lottery winners (handling lost or damaged checks), perform monthly account reconciliations, and generate CORE reimbursements.
• Audit, code, and input inter-agency transactions into CORE, matching invoices against underlying agreements or purchase orders with full backup documentation.
• Research vendor statements, analyze CORE payment chains (held, issued, or paid), and collaborate directly with purchasing agents and vendors to correct invoicing errors.
• Formulate standard and ad-hoc expenditure reports, audit promotional drawing journal entries, assist with year-end closing processes, and provide audit support.

Benefits

• PERA retirement benefits including PERA Defined Benefit Plan, PERA Defined Contribution Plan, plus 401K and 457 plans
• Medical , Dental , and Vision insurance coverage
• Automatic Short-Term and Optional Long-Term Disability Coverage
• Life and AD&D Insurance
• Flexible Spending Accounts (FSAs)
• Family Medical Leave Act (FMLA) job protection and State of Colorado Paid Family Medical Leave (PFML)
• 11 Paid Holidays Annually and Accrued Annual and Sick Leave
• Variety of discounts on services and products available through the State of Colorado's Work-Life Employment Discount Program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree