Accountant - Federal Reporting & Compliance (DFA/FCD #10114865)

State of New Mexico; Santa Fe (NM); On-site; USD 65,000 - 90,000; Full time

Job summary

The New Mexico Department of Finance and Administration (DFA) is seeking an Accountant - Federal Reporting & Compliance for on-site work in Santa Fe. The role focuses on reconciling data to the general ledger, ensuring federal reporting accuracy, and strengthening internal controls to reduce audit findings.

Ideal candidates hold a Bachelor's degree in Accounting, Finance, Auditing, or Business Administration and have at least three years of accounting/auditing/finance experience, including two

Qualifications

• Bachelor's degree in Accounting, Finance, Auditing, or Business Administration.
• Three (3) years of experience in accounting, auditing, finance, budgeting, public accounting, and conducting financial audits, including two (2) years preparing Comprehensive Annual Financial Reports or equivalent experience.

Responsibilities

• Analyze financial data to identify anomalies and recommend corrections.
• Reconcile financial data to the general ledger and evaluate financial and audit documentation.
• Assist with SHARE setup, chartfields, budgeting, project costing, and financial adjustments.
• Support SEFA preparation, audit reconciliations, and accurate federal financial reporting.
• Assist with FFRs, drawdowns, cash management compliance, and documentation reviews.
• Develop dashboards, checklists, and statewide financial reporting tools.
• Develop and deliver training, templates, and technical assistance for agency reporting staff.
• Strengthen subrecipient risk assessments and monitoring tools.
• Provide guidance on federal allowability, cost principles, and internal controls under Uniform Guidance.
• Review documentation to ensure compliance with federal regulations and agency policies.

Education

Bachelor's degree in Accounting, Finance, Auditing, or Business Administration

Job description

Job Title Accountant - Federal Reporting & Compliance (DFA/FCD #10114865)

For more Job Requirements & Classification Description:

THIS POSTING WILL BE USED FOR ONGOING RECRUITMENT AND MAY CLOSE AT ANY TIME. APPLICANT LISTS MAY BE SCREENED MORE THAN ONCE. THIS POSITION REQUIRES FULL-TIME, ON-SITE PRESENCE IN SANTA FE.

The New Mexico Department of Finance and Administration (DFA) serves as the State's central financial management agency, providing fiscal oversight, budgetary control, accounting guidance, and statewide financial reporting to ensure transparency, accountability, and compliance with state and federal law. DFA supports executive leadership, the Legislature, state agencies, and the public by promoting sound fiscal stewardship and consistent financial practices across New Mexico government.

The Financial Control Division (FCD) is responsible for statewide accounting policy, financial reporting, and oversight of the State's financial systems, including SHARE.

The Federal Reporting and Compliance Bureau offers state agencies training, tools, data analysis, and hands-on technical assistance. Our goal is to help state agencies improve financial accuracy, strengthen compliance with federal regulations, reduce audit findings, and strengthening internal controls statewide.

Why does the job exist?

The Federal Reporting and Compliance Accountant position exists to ensure the State of New Mexico properly manages, reports, and safeguards federal funds. Strong accounting is the foundation of Federal grant management, as it is the core operational function behind reporting, compliance, internal controls, and audit readiness.

This position is responsible for reconciling financial data to the general ledger, evaluating financial and audit documentation, interpreting reporting and compliance requirements, and monitoring corrective actions in relation to Single Audits.

How does it get done?

Reporting Responsibilities

• Analyze financial data to identify anomalies and recommend corrections.
• Assist agencies with SHARE setup, chartfields, budgeting, project costing, and financial adjustments.
• Support SEFA preparation, audit reconciliations, and accurate federal financial reporting.
• Assist with FFRs, drawdowns, cash management compliance, and documentation reviews.
• Help develop dashboards, checklists, and statewide financial reporting tools.
• Develop and deliver training, templates, and technical assistance for agency reporting staff.

Compliance Responsibilities

• Strengthen subrecipient risk assessments, monitoring tools, and corrective action processes.
• Provide guidance on federal allowability, cost principles, and internal controls under Uniform Guidance.
• Review documentation to ensure compliance with federal regulations and agency policies.
• Support agencies in implementing and documenting corrective actions related to audit findings.
• Enhance statewide oversight by improving internal controls and ensuring consistent compliance practices.

Who are the customers?

Ultimately, this position serves the public by ensuring Federal funds are managed accurately and compliantly.

• State agencies administering federal awards
• Fiscal and program teams responsible for reporting, audits, and financial controls
• Federal oversight entities and agencies

Ideal Candidate

The ideal candidate is collaborative, proactive, comfortable learning new financial systems, and committed to accuracy, consistency, and strong documentation practices. The ideal candidate also has experience reconciling general ledger data, interpreting federal regulations, and communicating with all levels of staff and management. They can translate complex accounting and compliance requirements into clear, practical guidance and works effectively to resolve financial and compliance issues.

Bachelor's degree in Accounting, Finance, Auditing, or Business Administration and three (3) years of experience in accounting, auditing, finance, budgeting, public accounting, and conducting financial audits to include a minimum of two (2) years preparing Comprehensive Annual Financial Reports or equivalent experience. Any combination of education from an accredited college or university in a related field and/or direct experience in this occupation totaling seven (7) years may substitute for the required education and experience.

Employment Requirements

State issued ID or Driver's License.

Pre-employment criminal background check is required, and employment offer will not be extended prior to results.

Working Conditions

Work is performed in an office setting with exposure to Visual/Video Display Terminal (VDT) and extensive personal computer and phone usage.

Bargaining Unit Position

This position is not covered by a collective bargaining agreement.