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Accountant I

Employer
State of Arkansas
Location
Little Rock, Arkansas, United States
Closing date
May 25, 2024

View more

Job Role
Accountant
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Accountant I

Position #: 22131898

Grade: GS07

Salary: $40,340

Location: Central Administration, Little Rock, AR

Reg ID: 37771

Closing date: Until Filled

Job Duties: The position is responsible for analyzing financial information and preparing reports related to the financial activities of property, plant, and equipment. Tracks capital improvements expenditures, maintains the asset under construction by project database, ensures timely asset capitalization and records direct capital asset acquisitions and disposals. Develops and maintains manual or automated accounting records, produces monthly reconciliations. Produces and reviews method of financing and prepares fund transfers, as necessary. Prepares spreadsheets and database files from automated information systems, monitors purchasing procedures of section personnel, makes decisions regarding account responsibility of expenditures, and instructs new employees on procedures. Participates in the development of new accounting techniques in the design and implementation. Monitors accounting system as it pertains to construction budgeting, job cost purchase orders, and construction contracts. Preparation of year-end schedules for CAFR, recording all buildings, land, and infrastructures for the agency. Performing other auditing and reconciling tasks as directed by supervisor. A criminal background check is required.

Minimum qualifications are: The formal education of a bachelor's degree in accounting; plus one year of experience in accounting or a related field.

Position is eligible for full benefits package including health and life insurance, retirement, paid holidays, and annual and sick leave.

We are an EOE/AA/ADA employer. Minorities and women encouraged to apply.

The Arkansas Department of Parks, Heritage and Tourism has three major divisions: Arkansas State Parks, Arkansas Heritage and Arkansas Tourism. Arkansas State Parks manages 52 state parks and promotes Arkansas as a tourist destination for people around the country. Arkansas Heritage preserves and promotes Arkansas's natural and cultural history and heritage through four historic museums and four cultural preservation agencies. Arkansas Tourism improves the state's economy by generating travel and enhancing the image of the state.

Position Information

Class Code: A089C

Grade: GS07

FLSA Status: NON-EXEMPT

Salary Range: $40,340.00 - $58,493.00

Summary

The Accountant I is responsible for analyzing financial information and preparing reports related to the financial activities of an organization. This position is governed by generally accepted accounting principles (GAAP), state and federal laws, and agency/institution policy.

Functions

Establishes contract and grant accounts after award completion, reconciles accounts for billings/invoices/drawdown of grants/contracts, processes journal entries related to general ledger, monitors grant and contract activities, and budgets and processes budget modifications, receivable transactions, and expense transfers. Develops and maintains manual or automated accounting records to record production, sales, billings, receivables, cash received/disbursed, purchases, inventory, and assets to record and reflect organizational fiscal status; transfers and/or encumbers funds as necessary. Prepares spreadsheets and database files from automated information systems, monitors purchasing procedures of departmental personnel, makes decisions regarding account responsibility for payment of expenditures, and instructs new employees on purchasing and travel procedures. Analyzes business operations, trends, costs, revenues, and financial commitments and obligations to project future revenues and expenses for budget purposes. Enters and runs trial balances, reconciles out-of-balance amounts, and performs calculations on amortization and interest due or earned. Reconciles bank statements, bank transfers, and stop payments and makes necessary corrections as needed. Assists management in the development of new accounting systems and procedures and confers with information technology staff to resolve automated information system problems when necessary. Provides technical assistance to management, research investigators, staff, and members of the general public regarding policies and procedures and budget and accounting laws. Performs other duties as assigned.

Dimensions

None

Knowledge, Skills and Abilities

Knowledge of Generally Accepted Accounting Principles (GAAP). Knowledge of manual and automated accounting systems. Ability to develop and maintain manual or automated accounting systems. Ability to interpret and apply the provisions of laws, rules, or policies to accounting transactions. Ability to analyze financial information and prepare reports. Ability to provide technical assistance to management, research investigators, staff and the general public regarding accounting operations.

Minimum Qualifications

The formal education of a bachelor's degree in accounting. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.

Licenses

None

The State of Arkansas is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, citizenship, national origin, genetic information, military or veteran status, or any other status or characteristic protected by law.

Nearest Major Market: Little Rock

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