Accounting Specialist - 4FAC007

State of Missouri; Jefferson City (MO); On-site; USD 55,000 - 90,000; Full time

Benefits offered by this job

Paid vacation

Sick leave

Life insurance

Medical insurance

Dental insurance

Vision insurance

Professional development

Tuition assistance

Job summary

Missouri Department of Natural Resources, Division of Environmental Quality, seeks a financial professional in Jefferson City to support municipal loans and SRF programs. You will analyze budgets, complete due diligence, prepare amortization schedules and financial statements, and ensure compliance with GAAP and funding agreements.

Responsibilities include data entry, reconciliations, reporting with LGTS and SAM II, and collaboration with trustees and borrowers to maintain accurate financial

Qualifications

• Bachelor's degree and 0-2 years of relevant experience (substitutions may be allowed).
• Preferred degree program includes accounting, business admin or finance with 12 accounting hours; Governmental Accounting preferred.
• Knowledge of GAAP and Microsoft Access and Excel; experience reviewing audited financial statements.
• Excellent communication skills to explain technical financial issues clearly.
• Ability to prepare and maintain accurate and detailed financial records and reports.

Responsibilities

• Develop and maintain knowledge of municipal financial activities, rate calculations, budgets, financial statements, and audits.
• Perform due diligence on information submitted by borrowers to assess repayment ability.
• Prepare loan amortization schedules.
• Review audited statements and ensure compliance with funding agreements.
• Review and process complex payment requests for SRF programs and grants; perform peer reviews.
• Use LGTS to enter obligations, process payments, post transactions, and generate reports.
• Conduct monthly reconciliations and research discrepancies; peer review reconciliations.
• Assist in preparing annual financial statements for SRF programs and SRF annual reports.
• Assist in collecting loan repayments and coordinate with trustee bank.
• Enter data into EPA database and prepare ad hoc reports using Excel, Access, LGTS, and SAM II.

Skills

Principles of Accounting

Financial Analysis

Oral and Written Communication

Analysis and Assessment

Education

Bachelor's degree

0-2 years experience

Tools

Microsoft Access

Microsoft Excel

Job description

We respect and embrace the experiences, knowledge and contributions of our team members. We strive for a culture of belonging and balance by upholding our values: Stewardship, Integrity, Collaboration, Respect and Innovation. We are passionate about Missouri, our role to preserve, protect and enhance our environment and we are committed to serving its citizens. We believe our mission and vision serves a greater purpose and will be felt for generations to come. This position is with the Missouri Department of Natural Resources, Division of Environmental Quality, and will be located at Lewis and Clark State Office Building, 1101 Riverside Drive, Jefferson City, Missouri 65101.

• Develop and maintain a thorough knowledge of municipal financial activities, including user rate calculations, municipal budgets, municipal financial statements, and audits.
• Responsible for completing a due diligence review of information submitted by potential borrowers (primarily municipalities) to determine the financial capability of each applicant’s ability to repay a loan.
• Prepare loan amortization schedules.
• Review borrowers’ annual audited financial statements and provide guidance and assistance to borrowers to ensure they maintain compliance with the terms and conditions of the funding agreements.
• Review and processes complex payment requests for the State Revolving Fund (SRF) programs and state grant and loan programs ensuring payments are processed in accordance with internal controls, applicable Generally Accepted Accounting Principles, and federal and state guidance on program administration. Perform peer reviews of payment requests.
• Utilize the Loans and Grants Tracking System (LGTS) to enter funding obligations, process payment requests, enter journal entries, post financial transactions to the general ledger, create reports, and produce financial statements.
• Perform monthly account reconciliations to the trial balance accounts and research discrepancies. Perform peer reviews of account reconciliations.
• Assist with the preparation of the annual financial statements for the Clean Water and Drinking Water SRF programs and with the preparation of the SRF annual reports.
• Assist in the collection of loan repayments and work closely with trustee bank.
• Responsible for data entry of information into an U.S. Environmental Protection Agency database.
• Prepare ad hoc reports utilizing Microsoft Excel, Access, LGTS, and the SAM II Financial system.

To be successful in this position, a candidate will need the following skills

• Principles of Accounting: Knowledge of generally accepted accounting principles, standards, and practices (for example, double entry accounting, accrual accounting), including the full accounting cycle and the preparation of work sheets, financial statements, ledgers, and journals.
• Financial Analysis: Knowledge of the principles, methods, and techniques of financial analysis, forecasting, and modeling to interpret quantitative and qualitative data; includes data modeling, earned value management, and evaluating key financial indicators, trends, and historical data.
• Oral and Written Communication: Expresses information (for example, ideas or facts) to individuals or groups effectively, consider the audience and nature of the information (for example, technical, sensitive, controversial); makes clear and convincing oral and written presentations; listens to others, attends to nonverbal cues, and responds appropriately.
• Analysis and Assessment: Uses information technology in accessing, collecting, analyzing, maintaining, and disseminating data and information.

Equivalent To Those Typically Gained By

• Bachelor's degree* and 0-2 years of relevant experience. (substitutions may be allowed)
• *Preferred degree program would include accounting, business administration, or finance with a minimum of 12 hours of accounting courses, or a closely related field.
• A course in Governmental Accounting is preferred.
• Knowledge of Generally Accepted Accounting Principles.
• Knowledge of Microsoft Access and Excel.
• Experience reviewing audited financial statements.
• Excellent communication skills, with the ability to explain technical financial issues in an understandable manner.
• Ability to prepare and maintain accurate and detailed financial records and reports.

Lack of post-secondary education will not be used as the sole basis denying consideration to any applicant.

Benefits & Work-life Balance

Our benefits package and flexible 40-hour work week promotes the mental and physical health of you and your family as you work towards achieving your professional goals. Benefits include paid vacation and sick leave, paid life insurance, medical, dental, vision and prescription insurance. Learn more here.

How We Invest In You

• Exceptional professional development: mentoring from experienced professionals, cross-media training, career advancement opportunities, paid trainings and continuing education tuition assistance.
• Support for professional registrations when required, through paid study materials, fees, study time, test time, exam fees and licensure renewal fees.