Junior Government Accountant – GAAP, Audits & Budgets

Isle of Wight County, VA; Windsor (VA); On-site; USD 55,000 - 75,000; Full time

Job summary

Isle of Wight County, VA is seeking an Accountant to perform governmental accounting functions, including internal auditing, account reconciliations and financial reporting and analysis.

The role collaborates with auditors and staff, assists in preparing the Annual Comprehensive Financial Report, ensures GAAP/GASB compliance, maintains general ledger, and supports budget preparation and financial process improvements.

Qualifications

• Bachelor’s Degree in Accounting.
• 1 year of related work experience.
• Or equivalent training, education, and/or experience.

Responsibilities

• Performs various governmental accounting functions related to internal auditing, account reconciliations and financial reporting and analysis.
• Works with auditors and internal staff accountants in performance of audit and in the preparation of financial statements.
• Assists in the preparation of the Annual Comprehensive Financial Report, implements GASB statements, and coordinates actuarial studies.
• Prepares general ledger entries and complex year-end reconciliations (Leases, OPEB, Pension Liabilities, & other).
• Performs related tasks as required, such as preparing various schedules for financial statements (Leases, OPEB, Pension Liabilities) for Annual Comprehensive Financial Report.
• Ensures that the County is in compliance with Generally Accepted Accounting Principles (GAAP), the Governmental Accounting Standards Board (GASB), and state and local regulations, policies and procedures;
• Monitors, reconciles, and records financial activity for the County;
• Coordinates, reviews, compiles and reports information for internal audits;
• Evaluates and provides recommendations as it pertains to the improvement of internal operational efficiencies, increased productivity or financial policies or procedures to include preparing drafts of new or revised policies and procedures;
• Monitors general ledger account activity to ensure transactions are recorded properly in the financial system;
• Prepares spreadsheets and other necessary documents;
• Serves as staff liaison on fiscal matters between the County and external agencies as needed;
• Assists with preparing annual budget;
• Advises County departments on financial processes as needed;

Skills

GAAP knowledge

GASB knowledge

Audit coordination

Education

Bachelor's Degree in Accounting

Job description

Isle of Wight County, VA is seeking an Accountant to perform governmental accounting functions, including internal auditing, account reconciliations and financial reporting and analysis.

The role collaborates with auditors and staff, assists in preparing the Annual Comprehensive Financial Report, ensures GAAP/GASB compliance, maintains general ledger, and supports budget preparation and financial process improvements.