Fiscal Analyst 3 - Project Support & Receivables

State of Washington•Thurston County – Lacey, WA

5d•Hybrid

About The Position

The Washington State Department of Transportation (WSDOT) is seeking a Fiscal Analyst 3 to join the Project Support and Receivables (PS&R) team within the Accounting and Financial Services Division. This role involves performing a wide range of fiscal, grant, contract, and accounts receivable activities to ensure agency compliance with GAAP, state and federal regulations, and WSDOT policies. The position is critical in supporting transportation projects and programs by analyzing financial information, maintaining financial records, monitoring compliance, and providing consultation on complex accounting and funding issues.

Requirements

Knowledge of Generally Accepted Accounting Principles (GAAP) and their application to governmental accounting, including revenue recognition and accounts receivable.
Knowledge of accounts receivable lifecycle management, including third-party damage receivables, adjustments, collection monitoring, allowance for doubtful accounts, and write-offs.
Knowledge of financial reporting concepts and performance measures used to evaluate receivable balances, cash collections, and collection effectiveness.
Skills in analyzing, reconciling, and validating accounting data to ensure accurate recording of revenues, expenditures, and accounts receivable.
Skills in researching complex accounting issues across multiple financial and reporting systems and determining appropriate corrective actions.
Ability to communicate complex financial information clearly and effectively, both orally and in writing, to diverse audiences.
Ability to work independently, exercise sound professional judgment, and make decisions within assigned authority.
Ability to manage a dynamic workload, balance competing priorities, and complete assignments accurately within required timeframes.
Ability to work effectively as part of a team, contribute to shared goals, and maintain individual accountability.
Actively demonstrates a commitment to learning and growth.
Demonstrates a willingness to take action to meet the needs of others.

Nice To Haves

Knowledge of federal and state fiscal regulations and requirements governing public-sector accounting and receivable management.
Knowledge of enterprise financial systems and subsidiary receivable and reporting systems used to record, research, and report fiscal activity.
Skills in processing and adjusting receivable transactions while ensuring appropriate documentation and compliance with internal controls.
Skills in translating complex accounting and financial data into clear, concise, and actionable information for management and program staff.
Skills in using enterprise accounting systems to independently query data, prepare financial entries, and support accurate fiscal reporting.
Ability to consult with program managers and stakeholders on proper accounting treatment and the fiscal impacts of accounting decisions.

Responsibilities

Perform senior-level financial monitoring, review, and analysis of accounting and fiscal data in accordance with GAAP, federal and state regulations, and WSDOT policies and practices.
Analyze expenditures, grants, and financial transactions to ensure compliance with federal funding requirements and identify potential impacts to project budgets and funding sources.
Establish and modify work orders, reimbursable agreements, and payable agreements within WSDOT's financial systems while ensuring accurate coding and compliance with funding requirements.
Analyze financial data from multiple systems, interpret grant and funding requirements, determine eligibility and matching requirements, and identify potential compliance concerns.
Review agreements to identify funding limitations, billing requirements, time constraints, and other fiscal obligations.
Monitor accounts receivable, revenue, and general ledger activity; prepare reconciliations; process accounting adjustments; and resolve billing and collection issues.
Collaborate with agreement managers, program staff, and customers to address outstanding financial issues and ensure accurate financial reporting.
Provide additional fiscal, accounting, and financial support activities as assigned.