Federal Funds Manager

State of North Carolina • Wake County, NC

1d • Hybrid

About The Position

NCDOT Accounting Operations & Budget oversees all essential financial services in compliance with state and federal laws, rules, regulations, and generally accepted accounting principles. Personnel is spread across multiple organizational units to support General Accounting, Compliance Reporting, State Project Funding, Federal Funds Management, Budget, Accounts Payable, Accounts Receivable, Payroll & Insurance, and DMV Financial Operations. NCDOT is seeking a Manager for the Federal Funds Unit to lead efforts to establish federal funding, allot funding to projects, and seek reimbursement from federal agencies including the Federal Highway Administration (FHWA), the Federal Aviation Administration (FAA), the Federal Transit Authority (FTA), the Federal Rail Administration (FRA), and others.

Requirements

• Bachelor's degree in accounting, or a degree in business administration, finance, public administration, or a related discipline from an appropriately accredited institution with 18 semester hours of accounting coursework; and six years of professional accounting experience in the preparation and review of interpretive or analytical accounting, financial statements and reports; of which at least two are supervisory; or equivalent combination of education and experience.

Nice To Haves

• Considerable knowledge of accounting principles, practices and theories of accounting, and the Department’s accounting structure.
• Considerable knowledge of government accounting, auditing, and reporting requirements, state and federal appropriations, budgeting, and complex accounting systems.
• Demonstrated ability to interpret complicated federal and state statutes, rules and regulations pertaining to applicable programs.
• Demonstrated ability to interpret and analyze financial data and reports.
• Demonstrated ability to communicate effectively and disseminate information to senior management.

Responsibilities

• Administer all activities and functions related to federal funding and billings to federal agencies.
• Ensure all state and federal laws are being followed and compliance with the Cash Management Policy.
• Oversee final billings and closure of federal projects.
• Direct activities related to creating, releasing, and maintaining disaster projects, ensuring disaster reporting is accurate and reimbursement requests are submitted timely to FHWA and FEMA.
• Partner with Finance on GARVEE Bond Issuances to include establishing funding, modifying projects, requisitioning cash from the Trustee for project expenditures, and billing FHWA semi-annually for debt service payments.
• Complete the Indirect Cost Allocation Plan annually and submit it to FHWA for review and approval.
• Develop repeatable standardized processes for key financial activities.
• Produce regular and customized reports to meet the needs of internal and external stakeholders.
• Oversee the organizational unit and supervise a team of experienced staff.

What This Job Offers

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