Federal Funds Manager

nc; United States; Hybrid; USD 70,000 - 123,000; Full time

Job summary

NC Department of Transportation is seeking an Accounting Manager II (NS) to lead the Federal Funds Unit, establishing federal funding and reimbursement processes with FHWA, FAA, FTA and others. You will supervise staff across the unit and ensure compliance with state and federal laws and the Cash Management Policy.

The role combines on-site leadership at the Transportation Building in Raleigh with periodic remote work, reporting to the Controller/Director of Financial Services and collaborating

Qualifications

• Bachelor's degree in accounting or related field with 18 accounting hours.
• Six years of professional accounting experience, incl. two supervision.
• Experience interpreting complex federal and state statutes, rules and regulations.

Responsibilities

• Administer all activities related to federal funding and billings.
• Ensure compliance with state and federal laws and the Cash Management Policy.
• Oversee final billings and closure of federal projects.
• Develop repeatable standardized processes for key financial activities.
• Produce regular reports for internal and external stakeholders.

Skills

Accounting principles

Accounting practices

Accounting theories

Government accounting

Budgeting

Financial reporting

Communication to senior management

Education

Bachelor's degree in accounting

Job description

Agency

Dept of Transportation

Division

CFO-Financial Management Division

Job Classification Title

Accounting Manager II (NS)

Position Number

60015319

Grade

NC20

About Us

It's the mission of the NC Department of Transportation to connect people, products and places safely and efficiently with customer focus, accountability, and environmental sensitivity to enhance the economy and vitality of North Carolina. We encourage you to consider joining NCDOT where our work not only serves the citizens of North Carolina but has an impact on our world through all modes of transportation.

Description of Work

Please note that all positions close at 12:00 AM on the posted closing date. You must apply by 11:59 PM prior to the posted closing date.

This is an anticipated vacancy.

NCDOT Accounting Operations & Budget oversees all essential financial services in compliance with state and federal laws, rules, regulations, and generally accepted accounting principles. Personnel is spread across multiple organizational units to support General Accounting, Compliance Reporting, State Project Funding, Federal Funds Management, Budget, Accounts Payable, Accounts Receivable, Payroll & Insurance, and DMV Financial Operations. NCDOT is seeking a Manager for the Federal Funds Unit to lead efforts to establish federal funding, allot funding to projects, and seek reimbursement from federal agencies including the Federal Highway Administration (FHWA), the Federal Aviation Administration (FAA), the Federal Transit Authority (FTA), the Federal Rail Administration (FRA), and others.

In this position you would:

• Administer all activities and functions related to federal funding and billings to federal agencies.
• Ensure all state and federal laws are being followed and compliance with the Cash Management Policy.
• Oversee final billings and closure of federal projects.
• Direct activities related to creating, releasing, and maintaining disaster projects, ensuring disaster reporting is accurate and reimbursement requests are submitted timely to FHWA and FEMA.
• Partner with Finance on GARVEE Bond Issuances to include establishing funding, modifying projects, requisitioning cash from the Trustee for project expenditures, and billing FHWA semi-annually for debt service payments.
• Complete the Indirect Cost Allocation Plan annually and submit it to FHWA for review and approval.
• Develop repeatable standardized processes for key financial activities.
• Produce regular and customized reports to meet the needs of internal and external stakeholders.
• Oversee the organizational unit and supervise a team of experienced staff.

While some regular remote work is allowed and encouraged, you will also be working on-site at NCDOT's headquarters. NCDOT's headquarters, known as the "Transportation Building" is located at 1 South Wilmington Street near the State Capitol building in downtown Raleigh.

In this position, you would report directly to the NCDOT Controller/Director of Financial Services and interact frequently with the NCDOT CFO, the NC Turnpike Authority executive staff, other NCDOT leaders, and key staff members of FHWA and other federal agencies, the Department of Public Safety, the Office of the State Auditor, and the Department of State Treasurer.

Knowledge Skills and Abilities/Management Preferences

Salary Grade and Salary Range: NC20 $70,478 - $123,336

Management prefers applicants with the following:

• Considerable knowledge of accounting principles, practices and theories of accounting, and the Department's accounting structure.
• Considerable knowledge of government accounting, auditing, and reporting requirements, state and federal appropriations, budgeting, and complex accounting systems.
• Demonstrated ability to interpret complicated federal and state statutes, rules and regulations pertaining to applicable programs.
• Demonstrated ability to interpret and analyze financial data and reports.
• Demonstrated ability to communicate effectively and disseminate information to senior management.

Minimum Education and Experience

Some state job postings say you can qualify by an "equivalent combination of education and experience." If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.

Bachelor's degree in accounting, or a degree in business administration, finance, public administration, or a related discipline from an appropriately accredited institution with 18 semester hours of accounting coursework; and six years of professional accounting experience in the preparation and review of interpretive or analytical accounting, financial statements and reports; of which at least two are supervisory; or equivalent combination of education and experience.

In accordance with the Governor's Executive Order 303 , our agency supports second-chance employment for individuals who were previous