GAAP Accountant

State of Illinois•Springfield, MO

13d•Hybrid

About The Position

The Illinois Department of Healthcare and Family Services, Division of Finance, Bureau of Fiscal Operations is hiring a GAAP Accountant. Under administrative direction, this position performs accounting and financial activities leading to the preparation of financial statements through the annual Generally Accepted Accounting Principles (GAAP) reporting process. The accountant prepares monthly, quarterly, and other financial reports and reconciliations for assigned funds, for internal use or as required by the Illinois Office of the Comptroller (IOC). Reports and reconciliations may cover cash, receipts and revenues, appropriations, expenditures, fixed assets, accounts receivable and payable, lapse-period expenditures, and other assigned financial information. The position completes computerized and manual HFS and IOC reporting forms and works with auditors and other applicable parties to answer questions or explain records and information in GAAP packages and financial reports. A CPA license is not required, but is preferred. The role is based at the agency headquarters in Springfield, Illinois, with required in-person reporting as needed according to operational requirements; hybrid work schedule availability is anticipated. Travel, including overnight stays as appropriate, may be required.

Requirements

Bachelor's degree in accounting, or a bachelor's degree in another field that includes at least 18 credit hours in accounting courses.
At least two years of experience preparing complete GAAP financial statements, including balance sheets, income statements, cash flow statements, and footnotes.
Complete a background check and self-disclose criminal history.
Ability to maintain and use state-issued equipment, such as a laptop.
Ability to travel for work, with overnight stays as appropriate.

Nice To Haves

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

Responsibilities

Perform accounting and financial activities leading to preparation of financial statements through the annual GAAP reporting process.
Prepare monthly, quarterly, and other financial reports and reconciliations for assigned funds, for internal use or as required by the IOC.
Reconcile cash, receipts and revenues, appropriations, expenditures, fixed assets, accounts receivable, accounts payable, lapse-period expenditures, and other assigned financial information.
Complete HFS and IOC computerized and manual financial reporting forms for annual GAAP and other reporting processes.
Work with external and internal auditors and other applicable parties to answer questions or explain records and information in GAAP packages or other financial reports.
Perform other duties reasonably within the scope of the position.

Benefits

Health insurance
Life insurance
Vision insurance
Dental insurance
Pension plan
Paid parental leave
Deferred compensation program and other pre-tax benefit programs for medical and daycare expenses
12 paid sick days annually
10 paid vacation days during the first year, with the potential to earn up to 25 annually
3 paid personal days annually
13–14 paid holidays annually, based on start date
Flexible work schedules are available in many program areas