Financial Accountant III (Section Manager)

State of California Office of the Controller; California (MO); On-site; USD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking organization as a Financial Accountant III, where you will lead a team in managing complex financial operations and ensuring accountability in California's fiscal practices. This role offers the opportunity to influence financial reporting and cash management processes while working in a collaborative environment that values innovation and integrity. If you are passionate about financial management and seek to make a difference, this position is perfect for you. Take the next step in your career and help build a thriving California for all!

Qualifications

• Graduation in financial management or related field with accounting focus.
• 5 years of experience in accounting, auditing, or financial systems.

Responsibilities

• Lead and direct financial accounting staff in complex activities.
• Prepare financial reports and monitor General Fund activities.
• Oversee cash flow forecasts and manage accountability programs.

Skills

Financial Accounting

Budgeting

Auditing

Cash Management

Forecasting

Education

Bachelor's in Financial Management

24 semester units in Accounting

Job description

The Office of the State Controller (SCO)is the destination employer within the State of California. As California’s chief fiscal officer, the Controller’s Office ensures accountability and transparency of California’s financial practices while promoting fairness and opportunity for all.

The State Accounting and Reporting Division (SARD)of the California State Controller’s Office plays a crucial role in ensuring the transparency, accuracy, and efficiency of the state’s financial operations. As the backbone of California’s financial reporting, SARD is responsible for preparing and publishing essential financial statements, overseeing the state’s budgetary control, and providing vital fiscal information to policy decision-makers and the public.

Take the next step in your career with an organization that values innovation, integrity, and the well-being of its employees. Apply today and build a California where everyone thrives!

Visitour websiteto learn more about the State Controller’s Office.

Financial Accountant III

Under the general direction of the Bureau Chief, a Financial Accountant IV, as a Section Manager/Specialist, you will provide direction to supervisory and professional level financial accounting staff performing critically sensitive and complex accounting activities and processes.

Duties performed:

• Lead, plan, organize, direct, coordinate, instruct, and review the work of supervisory and professional financial accounting staff responsible for complex financial accounting, forecasting, allocations, cash management, reporting, and reconciling of the statewide financial activities. Such activities pertain to the State Treasury, Pooled Money Investment Account (PMIA), Surplus Money Investment Fund (SMIF), Local Agency Investment Fund (LAIF), General Fund, Cash Accountability accounts, Special Funds, and Bond Funds.
• Prepare various program financial accounting reports, statistical information, and financial data for use by Division management, the Executive Office, other state entities, or other interested parties.
• Monitor the daily accounting for the State’s General Fund revenues, disbursements, and transfers. Direct the publication of the monthly General Fund Statement of Cash Receipts and Disbursement in accordance with Generally Accepted Accounting Principles (GAAP).
• Oversee the development and performance of complex cash flow forecast models under various cash scenarios, analysis of financial trends, legislative changes, and economic conditions impacting the state’s financial future.
• Oversee development and performance of complex forecasting of fund cash balances, revenues, and disbursements, directing the development of the various reports submitted to the Pooled Money Investment Board and Governor for approval.
• Evaluating, developing, and implementing cash management processes to determine the need for changes as required by changes to legislation, Constitution, federal directives, court decisions, or financial accounting system requirements.
• Oversee the Discharge of Accountability program to approve State agency write off of uncollectible accounts receivables, directing staff in the review of discharge requests to ensure collection efforts were exhausted.
Evaluate and/or assess staff performance and determine needed training, identifying problems to be resolved or goals to be accomplished.
Meet with the Bureau Chief to assess workload issues for the purposes of creating performance measurements, annual work plans, and project management plans.
Participate in the agency's development and implementation of a new financial accounting system (FI).

Requirements to be eligible to apply:

Take the required examination here:Financial Accountant III Examination

Make sure you meet theMinimum Qualifications

(Applicants must possess the equivalentto graduation from college with a specialization in financial management or a closely related fieldORequivalent to graduation from college withany major which shall include at least 24 semester units in financial accounting, managerial accounting, intermediate accounting, advanced accounting, taxes, cost accounting, auditing, business law, computer applications, or management information systems.

ANDfive years of increasing responsibility in professional accounting, auditing, budgeting, investment operations, financial systems, or banking.)

How to apply:

To apply for this position, you must do so throughCalCareers, the official designation for all of State of California jobs.

Need help? Email our SCO Recruitment team to learn more and get insight on navigating the state application process![e-mail]