GAAP Liaison

State of Illinois•Springfield, IL

6d•Onsite

About The Position

The Office of Fiscal Services is seeking to hire a dynamic, organized, detail oriented Certified Public Accountant to serve as a GAAP Liaison, to prepare and review the agency’s GAAP (Generally Accepted Accounting Principles) reporting and perform financial audit related tasks. The position will be responsible for preparing and reviewing GAAP packages for the agency and responses to internal and external audit requests. The position will also be responsible for generating and approving journal entries, establishing appropriation lines, and generating numerous financial reports for the Office of Fiscal Services.

Requirements

Requires the knowledge, skill and mental development equivalent to the completion of four (4) years of college with course work in accounting and finance.
Requires three (3) years of progressively responsible accounting experience in a public or private organization.
Requires certification as a Certified Public Accountant (CPA) in Illinois
Requires basic proficiency in software applications such as Excel, Access, etc. for reports, financial statements, etc.

Nice To Haves

Two (2) years of professional experience working with accounting and auditing theory, principles, methods and procedures.
Two (2) years of professional experience working with Comptroller policies and procedures, Federal and State statutes, administrative rules, and regulations relative to federal grants and programs.
Two (2) years of professional experience developing financial reports and statements in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB).
Two (2) years of professional experience utilizing automated accounting systems.
Two (2) years of professional experience communicating with both internal and external stakeholders, including auditors.
Two (2) years of professional experience working with laws, rules and regulations relative to accounting and financial reporting.

Responsibilities

Serves as a GAAP Liaison for the Office of Fiscal Services to internal and external auditors.
Drafts responses to audit findings.
Serves as a representative of the Office of Fiscal Services on Department-wide projects, work teams and task forces involving the Office.
Serves as a liaison to the IDHS Office of Internal Audit and external auditors.
Serves as a liaison to the Federal Reporting Unit, Office of Fiscal Services.
Provides guidance and direction to various facility, school and regional office staff, regarding technical problems arising from the Accounting System, new GASB pronouncements, GAAP reports, and audit compliance issues.
Performs other duties as assigned or required which are reasonable within the scope of duties enumerated above.

Benefits

A Pension Program
Competitive Group Insurance Benefits including Health, Life, Dental and Vision Insurance
3 Paid Personal Business Days annually
12 Paid Sick Days annually (Sick days carry over from year to year)
10-25 Days of Paid Vacation time annually - (10 days in year one of employment)
Personal, Sick, & Vacation rates modified for 12-hour & part-time work schedules (as applicable)
13 Paid Holidays annually, 14 on even numbered years
Flexible Work Schedules (when available dependent upon position)
12 Weeks Paid Parental Leave
Deferred Compensation Program - A supplemental retirement plan
Optional Pre-Tax Programs such as Medical Care Assistance Plan (MCAP), Dependent Care Assistance Plan (DCAP)
Federal Public Service Loan Forgiveness Program eligibility
GI Bill® Training/Apprenticeship Benefits eligibility for qualifying Veterans
5% Salary Differential for Bilingual Positions
Commuter Savings Program (Chicago only)