Graduate Accountant II

Commonwealth of Kentucky; Frankfort (KY); Hybrid; USD 44,000 - 60,000; Full time

Benefits offered by this job

KPPA retirement plan

First-day health insurance

Dental and vision insurance (optional)

Health flexible spending account

Life insurance

Wellness incentive program

12 ½ paid holidays

Paid vacation leave

Paid sick leave

Employer paid leave

State employee discounts

Training and career development

Deferred compensation program (401k &

Flexible work schedules

Ample parking

Walkable campus

Job summary

Commonwealth of Kentucky, located in Frankfort, KY, is seeking a Graduate Accountant II for the General Government Cabinet/KPPA. The role handles complex accounting duties, including bank reconciliations, general ledger work, and funds transfers for investment operations, with a clear focus on accuracy and compliance.

The position offers full-time employment with overtime eligibility, comprehensive benefits, and a walk-in campus style setting.

Qualifications

• Bachelor’s degree in accounting with professional accounting exposure.
• One year of professional accounting experience required.
• Professional government accounting experience may substitute for education on a year-for-year basis.

Responsibilities

• Reconcile bank to General Ledger daily and post electronic deposits.
• Reconcile General Ledger to Finance monthly.
• Determine funds qualification and transfer to custodial bank for investment.
• Approve all General Accounting Expenditure (GAX) in eMARS.
• Approve IPS contracts setup.
• Coordinate with Investments on Capital Calls and transfers.

Skills

Accounting experience

Finance experience

Analytical thinking

Written and verbal communication

Education

Bachelor's degree in accounting

Tools

Microsoft Excel

eMARS

Great Plains

Workiva

Job description

Advertisement Closes: 9/21/2026 (11:59 PM ET)

2604831

Graduate Accountant II

Pay Grade: 14

Salary: $3,672.84 - $4,958.34 Monthly

Employment Type: EXECUTIVE BRANCH | FULL TIME | ELIGIBLE FOR OVERTIME PAY | 18A | 37.5 HR/WK

Hiring Agency: General Government Cabinet | Kentucky Public Pensions Authority

1260 Louisville Rd
Frankfort, KY 40601 USA
The agency may authorize the selected candidate to telecommute. The agency may terminate or modify thetelecommuting arrangement at any time.

Kentucky Public Pensions Authority (KPPA) is currently seeking a Graduate Accountant II in the Division ofAccounting and Cash Management. Located in Frankfort, Kentucky, KPPA is responsible for the investment of fundsand administration of pension and health insurance benefits for nearly 444,000 state and local governmentemployees, state police officers, and nonteaching staff of local school boards and regional universities.Daily system activities, including administrative support, investment management, benefits counseling,accounting and payroll functions, and legal services, are performed by a staff of professional employeesworking as the KPPA. KPPA covers three separate systems: Kentucky Employees Retirement Systems (KERS), CountyEmployees Retirement System (CERS), and the State Police Retirement System (SPRS).

This position performs complex accounting duties such as developing and, or, modifying accounting systems forKPPA including multiple account reconciliations with custodial and depository banks; and performs other dutiesas required.

Generous benefits for full-time employees include:

• a KPPA retirement plan
• first-day health insurance
• optional dental and vision insurance
• an optional health flexible spending account
• life insurance
• a wellnessincentive program
• 12 ½ paid holidays
• paid vacation leave
• paid sick leave
• employer paid leave
• stateemployee discounts
• training and career development opportunities
• an optional deferred compensation program(401k and 457)
• flexible work schedules
• ample parking
• and a walkable campus

Key Responsibilities:

• Works independently reconciling the bank to the General Ledger daily to include creating cash receiptsfor electronic deposits that post to our accounts.
• Reconciles the General Ledger to Finance monthly.
• Responsible for creating the daily qualification of funds received and transferring qualified fundsfrom our depository bank to our custodial bank for investment.
• Approves all General Accounting Expenditure (GAX) documents in eMARS.
• Approves setup of all Investment Purchase System (IPS) contracts.
• Works closely with Investments to ensure that all Capital Calls and transfers are initiated andapproved in a timely manner.

Preferred Knowledge, Skills and Abilities:

• Accounting and Finance experience
• Software knowledge- Microsoft Office, proficient in Microsoft Excel, eMARS, Great Plains, Workiva, etc.
• Excellent written and verbal communication skills
• Analytical and critical cognitive skills

For more information about Kentucky Public Pensions Authority, visit our website at https://kyret.ky.gov/Pages/index.aspx

Minimum Requirements

EDUCATION:

Graduate of a college or university with a bachelor's degree (which includes twenty semester hours or thirty quarter hours in accounting).

EXPERIENCE, TRAINING, OR SKILLS:

One year of professional accounting experience.

Substitute EDUCATION for EXPERIENCE:

NONE

Substitute EXPERIENCE for EDUCATION:

Professional experience in Kentucky State Government accounting will substitute for the education on a year- for-year basis.

SPECIAL REQUIREMENTS (AGE, LICENSURE, REGULATION, ETC.):

NONE

Working Conditions

Incumbents working in this job title typically perform work in an office setting.

Probationary Period

This job has an initial and promotional probationary period of 6 months, except as provided in KRS 18A.111.

If you have questions about this advertisement, please contact Lori Casey at [e-mail]

An Equal Opportunity Employer M/F/D