Title: Financial Reporting Analyst
State Role Title: Financial Services Spec II
Hiring Range: $59,850 - $79,000
Pay Band: 5
Agency: Department of Accounts
Location: JAMES MONROE BUILDING 101 N. 14th St. Richmond, VA 23219
Agency Website: https://doa.virginia.gov/
Recruitment Type: General Public - G
This position has a hybrid work schedule with three days/week working in the office in downtown Richmond, VA.
The Financial Reporting division in the Department of Accounts (DOA) is seeking two qualified individuals for two open Financial Reporting Analyst positions.
DOA’s mission is to provide a uniform system of accounting, financial reporting, and internal control adequate to protect and account for the Commonwealth’s financial resources, while supporting and enhancing the recognition of Virginia as the best managed state in the union.
Job Duties
This position ensures the accurate and complete compilation and analysis of complex financial data for inclusion in the Preliminary Report, Annual Comprehensive Financial Report (ACFR), Popular Annual Financial Report (PAFR), Monthly Revenue Report, Monthly Cash and Investment Report (MCI), and annual Comptroller’s Financial Statement Directives. Compiles and analyzes financial data; adjusts data so it conforms with Generally Accepted Accounting Principles (GAAP); develops financial statements; prepares working papers to support statements; updates assigned program areas and ensures that data agrees; meets stringent timeframes with high accuracy; updates and tests financial reporting directives for state agencies; reviews and interprets Governmental Accounting Standards Board (GASB) and other accounting pronouncements to determine impact on assignments and the Commonwealth; prepares various monthly reports; and reviews, evaluates, and resolves issues with state agency financial submissions.
Minimum Qualifications
Required qualifications include:
considerable knowledge of automated financial accounting systems;
generally accepted accounting principles (GAAP);
Governmental Accounting Standards Board (GASB)
and other accounting pronouncements; and financial reporting.
Strong oral and written communication;
financial analysis;
Microsoft Office (especially Excel);
organizational; time management; teamwork; and interpersonal skills.
Ability to collect data;
perform complex analysis/reconciliations of a variety of financial data;
prepare written documentation to support findings;
research and resolve financial issues;
analyze financial transactions and reports;
develop financial reports;
work independently and as part of a team;
understand, develop, and apply policies and procedures;
research and interpret regulatory guidelines;
conduct business with integrity and respect;
communicate effectively with internal/external staff;
make recommendations and report findings;
and professionally correspond with and maintain a positive working relationship with coworkers and external organizations.
Education or Experience in accounting or finance; and completing financial reconciliations.
Additional Considerations
Preferred qualifications include:
knowledge of GAAP as they relate to governmental entities; and financial reporting in a government environment.
Experience with working in governmental or non-profit accounting;
financial statement preparation or audit;
Oracle PeopleSoft Financials applications;
and developing financial guidance.
Special Instructions
This position has a hybrid work schedule with three days per week working in the office in downtown Richmond, VA.
Limited planned time off is approved during periods of peak workload (August through Mid-December).
Applications for this position will only be accepted online through the state jobs website.
You will be provided a confirmation of receipt when your application is submitted successfully. Please refer to “Your Application” in your account to check the status for this position. Applicants requiring sponsorship for a work visa or a certifying employer for a STEM OPT extension need not apply. No faxed, mailed, or emailed applications will be accepted. Applications must be submitted online by 11:55pm EST on the closing date for consideration.
Department of Accounts is an Equal Opportunity Employer, supports workplace diversity and is certified as a Virginia Values Veterans employer. Veterans and individuals with disabilities are encouraged to apply.
All candidates who are interviewed will also complete a work sample exercise to assess analytical skills and intermediate/advanced Word and Excel skills.
All job offers will be contingent upon successful completion of reference checks and a criminal background check.
Benefits: The State of Virginia provides a comprehensive, robust benefits package to state employees.
Contact Information
Name: Human Resources
Phone: (804) 225-3038
Email: humanresources@doa.virginia.gov
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.
Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.