Federal Reporting Compliance Analyst

Title: Federal Reporting Compliance Analyst

State Role Title: Financial Services Spec II

Hiring Range: $57,733 - $75,000

Pay Band: 5

Agency: Department of Accounts

Location: JAMES MONROE BUILDING 101 North 14th Street Richmond, VA 23219

Agency Website: https://doa.virginia.gov/

Recruitment Type: General Public - G

This position has a hybrid work schedule with three days/week working in the office in downtown Richmond, VA.

The Department of Accounts (DOA) seeks a financial professional to work in the Compliance Oversight and Federal Reporting unit as a Federal Reporting Compliance Analyst.

DOA’s mission is to provide a uniform system of accounting, financial reporting, and internal control adequate to protect and account for the Commonwealth’s financial resources, while supporting and enhancing the recognition of Virginia as the best managed state in the union.

Job Duties

This unit ensures compliance with Federal and State laws and policies including the Commonwealth’s Agency Risk Management and Internal Control Standards (ARMICS), Commonwealth Accounting Policies and Procedures (CAPP), best practices surrounding governmental accounting and reporting to include general ledger oversight and compliance with Financial Reporting Directives. The unit is responsible for all Federal Reporting including the Schedule of Expenditures of Federal Awards (SEFA), Cash Management Improvement Act (CMIA), Statewide Indirect Cost Allocation Plan (SICAP) as well as coordination over reporting and resolution of audit findings. The unit manages the Commonwealth’s single vendor database including compliance with all applicable state and federal laws. The functions include daily weekly, monthly, quarterly and annual analyses and reconciliations; conducts Quality Assurance Reviews; and prepares mission critical federal reports.

This position supports DOA with state and federal reporting requirements within the Compliance Oversight and Federal Reporting Unit. Ensures compliance with state and federal reporting requirements; prepares schedules to maintain compliance with the Code of Federal Regulations; compiles federal grant information for inclusion in the SEFA annually; prepares the annual federal and full costing statewide cost allocation plans; compiles the federal repayment schedule; functions as data custodian for CAPPS and SEFA; and provides support for other functional areas within the Reporting Compliance Unit.
May be required to perform other duties as assigned and may work after hours on occasion to support business unit demands.

Minimum Qualifications

Experience in finance, accounting, business, or related field required.
Advanced Excel knowledge and skills required.
Knowledge of governmental compliance requirements; and accounting, reporting, and procedures. Strong verbal and written communication, financial analysis, and computer skills.
Demonstrated ability to implement guidelines, procedures, policies and reporting practices; analyze and resolve complex problems; effectively communicate verbally and in writing; organize, prioritize, and complete complex financial/accounting analysis; research and interpret regulatory guidelines; demonstrate integrity and respect for others; and professionally correspond with and maintain a positive working relationship with federal and state organizations.

Additional Considerations

Considerable knowledge of federal regulations regarding cost and interest calculations relating to state and local governments preferred.
Experience with federal reporting requirements associated with Single Audit Reporting, Indirect Costs Plans, and CMIA.
Progressive experience in federal and/or state compliance reporting.
Certification in a financial/accounting field preferred.

Special Instructions

This position has a hybrid work schedule with three days per week working in the office in downtown Richmond, VA.

Applications are only accepted through the state jobs website and must be submitted by 11:55pmEST on the closing date for consideration. You will receive confirmation of receipt when your application is submitted successfully. Please refer to “Your Application” in your account to check the status for this position. Applicants requiring sponsorship for a work visa or a certifying employer for a STEM OPT extension need not apply. No faxed, mailed, or emailed applications will be accepted.

Department of Accounts is an Equal Opportunity Employer, supports workplace diversity and is certified as a Virginia Values Veterans employer. Veterans and individuals with disabilities are encouraged to apply.

All job offers will be contingent upon successful completion of reference checks and a criminal background check.

Contact Information

Name: Human Resources

Phone: (804) 225-3038

Email: humanresources@doa.virginia.gov

In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.

Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.