Accountant 2

State of Iowa

Des Moines, IA

JOB DETAILS
SKILLS
Accounting, Accounting Certifications, Accounting Policies, Accounting Software, Accounts Payable, Accounts Receivable, Analysis Skills, Auditing, Budgeting, Business Administration, Career Development, Code of Federal Regulations, Communication Skills, Contract Creation, Corrective Action, Disbursement Accounting, External Audit, Federal Laws and Regulations, Finance, Financial Audit, Financial Transactions, General Ledger Accounting, Generally Accepted Accounting Principles (GAAP), Generally Accepted Auditing Standards (GAAS), Insurance, Investment Analysis, Maintain Compliance, Multitasking, Problem Solving Skills, Process Improvement, Public Accounting, Reconciliation, Regulations, Risk Analysis, Secondary School, State Laws and Regulations, Time Management, Training/Teaching Curriculum, United States Treasury, User Interface/Experience (UI/UX)
LOCATION
Des Moines, IA
POSTED
Today

Job DescriptionIowa Workforce Development seeks applicants for the position of Accountant 2 at 1000 E Grand Ave., Des Moines, IA office.The Accountant 2 responsibility consists of journal entry, reconciliation, and preparation of internal and external reporting related to Unemployment Insurance (UI) activity and for sub-recipient monitoring of Local Workforce Development Areas (LWDA's) for the WIOA TitleI programs.The ideal candidate will think critically, develop an understanding of various federal programs, have a basic understanding of generally accepted auditing standards, manage multiple priorities, adhere to deadlines, and have excellent communication skills.Primary ResponsibilitiesUnemployment Insurance Accounting and ReportingPerform journey level professional accounting work for unemployment insurance programs administered by Iowa Workforce Development.Prepare monthly, quarterly, and annual state and federal reports detailing the activities in the accounts and funds.Analyze the activities and performance for compliance with federal and state standards.Submit recommendations for problem resolution.Make corrections and adjustments to accounts as needed as a result of federal and state audits. Reconcile all accounts used in the fund with the State Department of Revenue, State Treasurer's Office, U.S. Treasury, and the employer's balance account.Reconcile unemployment insurance and trade funds 0054, 0497, and 0691.Unemployment Insurance Daily ActivityPrepare and reconcile daily reports detailing the activity of the Trust Fund, Clearing Account, UI Benefit account, and e-payment system.Sub-Recipient MonitoringResponsible for fiscal monitoring of local workforce development areas (LWDA's) under the WIOA programs as required by 2 CFR 200 and WIOA regulations. Each LWDA's fiscal agent is monitored semi‑annually.Fiscal monitoring includes:Meeting with fiscal agent staff.Reviewing financial records.Accounting policies.Accounting procedures.Reconciling accounting records to disbursement requests.Analyzing compliance with federal and state regulations and local policies.Completing a semi‑annual risk assessment for each LWDA's fiscal agent and Local Workforce Development Board.Maintain a log of external audits, audit responses, audits are submitted within deadlines specified in the Local Workforce Development Area Contract, and preparation of final determination letter.Collaborate with WIOA program staff on risk assessment results and areas of concern.Assist WIOA program staff on drafting findings and areas of concerns to be addressed by Local Workforce Development Boards.GAAP PackageResponsible for assisting with the preparation of the UI Trust Fund, Account Receivable (unemployment activity) and Accounts Payable (unemployment activity) pages for the division's GAAP Package.Prepare, and generate supporting backup used to substantiate various account balances.Provide assistance to the Finance Bureau Chief on recording general ledger entries required for various ledger accounts that aren't captured in the State of Iowa accounting system.Pre‑Audit Level4Make daily decisions by auditing financial transactions of accounting personnel. Including all aspects of the pre‑audit function for the agency's expense claims.Knowledge of rules and regulations, with which those daily decisions are made, relevant to each type of document being pre‑audited, is required.Ensure claims are checked for compliance according to Pre‑Audit rules, State Accounting Policy requirements, and federal rules and regulations.Provide appropriate guidance and positive feedback to original submitter of claim, including clear description of why the claim was rejected and corrective actions needed to process.Other duties as assigned.Agency OverviewIWD continually strives to improve processes and align the organization to provide effective, demand‑driven products and services. The Des Moines staff is organized across administrative services, disability determination services, information technology, labor market information, unemployment insurance services, vocational rehabilitation services, and workforce services.BenefitsExcellent health, dental, and vision insurance.Generous paid time off, including nine paid holidays, vacation, and sick leave with no cap on the sick leave accrual.IPERS retirement package, as well as an additional optional deferred compensation retirement plan.Flexible Spending Accounts for medical and dependent care.Free Life and Long‑term Disability Insurance with the option to purchase additional coverage.Employee Assistance Programs and Discount Programs for support.Hours of WorkMonday – Friday 8:00 am‑4:30 pm. Hybrid telework and alternate work schedule opportunities for eligible classifications after 6‑months of employment have been completed.Legal and E‑Verify InformationThe State of Iowa participates in E‑Verify, a federal program that helps employers confirm the employment eligibility of all newly hired employees. New hires will be verified through the E‑Verify system to ensure authorization to work in the United States. The State of Iowa also complies with federal Right‑to‑Work laws, which protect employees' rights to work without being required to join a labor organization.Minimum Qualification RequirementsGraduation from an accredited four‑year college or university with a minimum of twelve semester hours (or its equivalent) in accounting, business administration, or finance; course work and eighteen months of responsible experience in accounting, accounts examination or verification, budgeting or closely related fiscal experience with a governmental agency, public accounting firm, or private industry.Substitution of work experience in the public or private sector which entailed accounting, auditing, budgeting, assessment or computation of taxes, or closely related financial functions (e.g., treasurer, comptroller, accountant, auditor, budget analyst, etc.) on a year‑for‑year basis for the required education (thirty semester or equivalent hours equal one year).Substitution of successful completion of a post‑high‑school vocational/technical, business college, or area community college curriculum in accounting which included concentrated course work equivalent to twenty semester hours (or more) in accounting for the required education.Any combination of qualifying post‑high‑school level education and experience which totals five and one‑half years.Employees with current continuous experience in the state service that includes the equivalent of six months of full‑time experience as an Accounting Technician 2 shall be considered qualifying.Substituting graduate level course work in accounting, business administration, or finance for each year of the required experience on the basis that satisfactory completion of 30 semester or equivalent hours of graduate level course work is equivalent to one year of experience.Employees with current continuous experience in the state service that includes the equivalent of eighteen months of full‑time experience as an Accounting Technician 1 shall be considered qualifying.Certified Public Accountants may qualify with six months of the required experience.Employees with current continuous experience in the state classified service that includes the equivalent of twelve months of full‑time experience as an Accountant/Auditor 1, six months of full‑time experience as an Accounting Technician 3, or twenty‑four months of full‑time experience as an Accounting Technician 2 shall be considered qualifying.#J-18808-Ljbffr

About the Company

S

State of Iowa