Financial Analyst I

nc; North Carolina; On-site; USD 48,000 - 83,000; Full time

Benefits offered by this job

Health Insurance options

Retirement Plans

NCFlex Supplemental Benefits

Paid Vacation, Sick, and Community Svc

Paid Parental Leave

Job summary

The North Carolina Department of Adult Correction is seeking a Financial Analyst I (NS) in Administration to support the Department's financial reporting and accounting processes. This includes assisting with ACFR preparation, accruals, lease accounting, journal entries, and various cost reports.

The role involves monthly reconciliations, asset and bank accounts handling, and supporting EAGLE internal controls, while contributing to policy updates to ensure GAAP compliance and adherence to state

Qualifications

• Knowledge of GAAP and GASB and related policies and procedures.
• Knowledge of federal and state policies for financial monitoring.
• Experience with inventory valuation reconciliation and EAGLE internal controls.
• Ability to prepare recommendations supported by facts and present financial information clearly.

Responsibilities

• Assists with the preparation of the Department's ACFR, ensuring GAAP-compliant, accurate, and timely information.
• Assists with accruals, lease accounting, year-end journal entries, worksheets, and footnotes.
• Prepares cost reports, monthly allocations, annual inventory, and other required financial reports.
• Performs complex monthly reconciliations, including fixed assets and bank accounts.
• Supports EAGLE internal control documentation and evaluation processes.
• Develops and updates fiscal policies to ensure compliance with State and Federal laws.

Skills

GAAP

GASB

Financial monitoring

Inventory valuation reconciliation

EAGLE internal controls

Tools

EAGLE

Job description

Agency Adult Correction Division COO - Administration

Job Classification Title Financial Analyst I (NS)

Position Number 60056408

Grade NC12

About Us

The NC Department of Adult Correction is one of the largest state agencies with more than 14,000 employees. It is responsible for safeguarding and preserving lives and property through prevention, protection, and preparation as well as the care, custody, and supervision of all adults sentenced for violating North Carolina laws. This department includes state prisons with custody, healthcare, and facility operations staff as well as probation/parole officers who supervised sentenced people in the community. Other divisions include Administration, Health Services, Rehabilitation & Reentry, Special Operations and the Post-Release Supervision & Parole Commission. We have a mission that matters!

Description of Work

This position assists with the preparation of the Department's Annual Comprehensive Financial Report (ACFR), assisting with the accrual process, lease accounting, preparation of year end journal entries, worksheets, and footnotes. This position assists in the preparation of various required cost reports, monthly allocations for the Department, EAGLE (Enhancing Accountability in Government through Leadership and Education), Annual inventory, monthly bank reconciliations and other duties as assigned. Provides leadership and coordinates the development of and changes to fiscal policy, ensuring the Department's fiscal policy follows all State and Federal laws and regulations.

Key responsibilities include:

• Assists with the preparation of the Department's Annual Comprehensive Financial Report (ACFR), ensuring financial information is accurate, complete, GAAP-compliant, and submitted timely.
• Assists with accruals, lease accounting, year-end journal entries, worksheets, and financial statement footnotes.
• Prepares cost reports, monthly allocations, annual inventory, and other required financial reports.
• Performs complex monthly reconciliations, including fixed assets, disbursing accounts, and bank accounts.
• Supports EAGLE internal control documentation and evaluation processes.
• Provides leadership in developing and updating fiscal policies to ensure compliance with State and Federal laws and regulations.

Knowledge Skills and Abilities/Management Preferences

Salary Range: $47,703 - $83,479

Candidates now meet the minimum qualifications of a position if they meet the minimum education and experience listed on the vacancy announcement.

The Knowledge, Skills, and Abilities (KSAs)/ Management Preferences are not required. Applicants who possess the following skills are preferred:

• Knowledge of General Accepted Accounting Principles (GAAP), GASB, business practices, policies and procedures
• Knowledge of federal and state policies and procedures for financial monitoring
• Experience working with Inventory valuation reconciliation and EAGLE (Internal Controls)
• Experience preparing recommendations supported by facts and preparing and analyzing financial information involving existing issues pertaining to the subject area and presenting it in oral and/or written form.

The Posting Will Close At 11:59 P.M. The Night Before The End Date

T his is an internal posting open only for current North Carolina state government employees, and eligible state government reduction in force (RIF) candidates from North Carolina state government, or current temporary employees.

Benefits

• Health Insurance options
• Retirement Plans
• NCFlex Supplemental Benefits
• Paid Vacation, Sick, and Community Service Leave
• Paid Parental Leave

Visit the State Benefits website for additional information.

The primary purpose of the Department of Adult Correction Controller's Office is to ensure that all department financial resources and funds are received, disbursed, recorded, and accounted for in accordance with all applicable State and Federal laws and regulations, Generally Accepted Accounting Principles (GAAP) and Department policy and procedures. The Controller's Office at the agency level has oversight responsibility of the North Carolina Financial System in regard to transactions which affect the financial responsibility of this department and is accountable to the Office of the State Controller for the integrity of that data.

Application Process

NCDAC uses the Merit-Based Recruitment and Selection Plan to fill positions with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

Applicants must complete the application in full. Resumes will not be accepted in lieu of completing the State application. Applications must include:

• Complete education history (including high school)
• Full work experience details
• Certificates and licenses, if applicable
• Education must be from appropriately accr