Senior General Ledger Accountant

Virginia Information Technologies Agency•Chesterfield, VA

1d•$94,500 - $115,000•Hybrid

About The Position

Commonwealth Savers, formerly Virginia529, is an independent state agency that offers savings and investment programs to meet future financial goals, while providing meaningful work to our diverse and collaborative team. Our name change to Commonwealth Savers reflects our expanded mission to empower individuals on their entire financial journey through education, disability, and retirement savings programs. Commonwealth Savers manages the largest 529 and independent ABLE plans in the nation, helping people save for higher education and disability related expenses, and now manages the state’s private retirement program, RetirePathVA, bringing retirement savings to those who do not have employer-provided options. If you want to make a difference with us, visit our Careers page to learn more about our culture, values, and rewarding career opportunities. Our growing General Accounting Team is seeking a Senior General Ledger Accountant to contribute advanced expertise in general ledger accounting and reconciliation processes. This position performs and reviews accounting activities related to general ledger accounts, payments, financial statements, budgeting, and financial analysis. The role analyzes receipts, disbursements, and journal entries within the accounting system and monitors, reconciles, and reports on records, transactions, and accounts. This position processes program redeposits, reversals, and settlement corrections, and develops and performs highly complex general ledger reconciliations.

Requirements

Seven or more years of relevant work experience in governmental accounting, finance, or related field, with demonstrated knowledge of Generally Accepted Accounting Principles (GAAP), budget practices, financial reporting, and general business processes; equivalent combination of education and experience may be considered; CPA preferred
Experience with the Commonwealth’s accounting procedures and policies preferred
Ability to read, compile, analyze and accurately interpret complex accounting and financial records and statements
Ability to identify and define problems, collect and reconfigure data, establish facts, develop and communicate options and draw valid conclusions
Demonstrated critical thinking, decision making and analytical ability with a strong attention to detail and ability to meet critical deadlines
Demonstrated master level proficiency with Microsoft Excel; strong skills in Microsoft Word and PowerPoint
Proficiency with financial systems and business accounting software (general ledger, fixed assets, accounts payable, accounts receivable, and reporting); Frontier Reconciliation Software is a plus
Knowledge of SQL Queries, Business Objects, and Tableau Reporting Software preferred
Ability to communicate clearly, concisely, and persuasively, orally and in writing
Ability to build rapport and collaborate with coworkers, other state government employees and the financial community

Nice To Haves

CPA preferred
Experience with the Commonwealth’s accounting procedures and policies preferred
Frontier Reconciliation Software is a plus
Knowledge of SQL Queries, Business Objects, and Tableau Reporting Software preferred

Responsibilities

Perform all aspects of general ledger accounting including recording, processing, summarizing, reconciling, and reporting accounting transactions and data, and assist with monthly, quarterly, and year-end close processes
Develop highly complex financial reconciliations, analyze and communicate results to management, and prepare related schedules and supporting documentation used in internal and external reporting including the Annual Comprehensive Financial Report
Process, program redeposits, reversals, and settlement corrections in accordance with established accounting policies and procedures
Analyze and evaluate data recorded in various financial systems including financial and investment data reported by the agency’s financial institutions and master custodian, and prepare internal and external agency financial reports and related financial analysis
Monitor evolving accounting guidance and work with the General Accounting Team and Finance management to interpret and implement Governmental Accounting Standards Board statements and other applicable accounting standards and practices
Consult and train staff on reporting, reconciliation, and analysis tools as needed and collaborate with internal and external stakeholders to support compliance with accounting standards, processes, procedures, and policies