Financial Reporting Analyst

Title: Financial Reporting Analyst

State Role Title: Financial Services Spec II

Hiring Range: $59,850 - $77,000

Pay Band: 5

Agency: Department of Accounts

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

Agency Website: www.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 Financial Reporting unit at the Department of Accounts (DOA) is seeking a qualified individual for an Financial Reporting Analyst position.

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 position ensures the accurate and complete compilation and analysis of complex financial data for inclusion in the Annual Comprehensive Financial Report (ACFR) and annual Comptroller’s Financial Statement Directives. Compiles and analyzes financial data; adjusts data so it conforms with Generally Accepted Accounting Principles (GAAP); develops financial statements; prepares working papers to support statements; updates assigned program areas and ensures that data agrees; meets stringent timeframes with high accuracy; updates and tests financial reporting directives for state agencies; reviews and interprets Governmental Accounting Standards Board (GASB) and other accounting pronouncements to determine impact on assignments and the Commonwealth; and reviews, evaluates, and resolves issues with state agency financial statements. Administers the Fixed Asset Accounting and Control System and the Lease Accounting System; coordinates daily operations, and provides assistance to agencies as needed.

Conducts special projects, such as developing policies and procedures to comply with new accounting pronouncements, reviewing agency fund structure, and improving note disclosures to ensure that the State's financial statements and supporting accounting records are in compliance with GAAP.

Responsible for the protecting the data in their possession from unauthorized access, alteration, destruction, or usage and for providing and administering general controls, such as back-up and recovery systems in the ACFR – Annual Comprehensive Financial Report, FAACS - Fixed Asset Accounting and Control System and LAS Plus - Lease Accounting System.

Minimum Qualifications

Required qualifications include considerable knowledge of automated financial systems; generally accepted accounting principles (GAAP); Governmental Accounting Standards Board (GASB) and other accounting pronouncements; and financial reporting.
Strong oral and written communication; financial analysis, Microsoft Office (especially Excel); organizational; time management; teamwork; and interpersonal skills.
Ability to collect data; perform complex analysis/reconciliations on a variety of financial data; prepare written documentation to support findings; research and resolve financial issues; analyze financial transactions and reports; develop financial reports; work independently as part of a team; understand, develop and apply policies and procedures; research and interpret regulatory guidelines; conduct business with integrity and respect; communicate effectively with internal/external staff; make recommendations and report findings; and professionally correspond with and maintain a positive working relationship with coworkers and external organizations. Experience in accounting or finance; and completing complex financial reconciliations.

Additional Considerations

Preferred qualifications include knowledge of GAAP as they relate to governmental entities; and financial reporting in a government environment. Experience with working in governmental accounting; financial statement preparation or audit; Oracle PeopleSoft Financials applications; and developing financial guidance. Experience with reporting governmental capital assets, leases, and subscription-based information technology arrangements (SBITAs).

This position offers a hybrid work schedule, with three days per week working in our office located in the James Monroe Building at 101 North 14th St., Richmond, VA 23219.

Special Instructions

This position offers a hybrid work schedule, with three days per week working in our office located in the James Monroe Building at 101 North 14th St., Richmond, VA 23219.

Applications are only accepted through the state jobs website. You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position. Applicants requiring visa sponsorship need not apply. No faxed, mailed, or emailed applications will be accepted. Applications must be submitted online by 11:59 pm EST on the closing date for consideration.

DOA is an Equal Opportunity Employer, supports diversity in the workplace, 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.