Are you a fiscal professional with a strong background in financial research ad analysis?
Do you have experience with General Ledger, Fixed Assets, Grant Reporting, Lease Accounting, and Financial Reporting?
Come join DGS as a Financial Analyst!
Title: Financial Analyst - AF069
State Role Title: Financial Services Specialist II
Hiring Range: $85,000 - $100,000
Pay Band: 5
Agency: Department of General Services
Location: Washington Building
Agency Website: https://dgs.virginia.gov
Recruitment Type: General Public - G
The General Ledger/Financial Reporting Unit in the Department of General Services (DGS) Fiscal Office is seeking a Financial Analyst to analyze financial data and ensure compliance with State rules and regulations. This position will work with the Financial Reporting Manager in the completion of federal and state agency reporting functions, perform a variety of complex analytical functions within the areas of General Ledger, Fixed Assets, Grant Reporting, Lease Accounting, and Financial Reporting and provide financial, functional and technical support to Divisions within the Agency.
Job duties and responsibilities include, but are not limited to:
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Working with the Accounting Manager on all matters related to monthly and year-end closing activities ensuring accurate and timely completion of monthly and year-end financial statements, schedules, and footnotes to be included in the Commonwealth’s Annual Comprehensive Financial Report.
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Maintaining internal controls related to lease accounting to mitigate risks and ensure accuracy, and ensuring lease accounting practices are in compliance with GASB87 accounting standards while preparing lease accounting disclosures for financial statements, including schedules and supporting documentation.
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Reviewing capital lease agreements as needed to calculate present value of future lease payments to record the lease liability, record corresponding right-of-use asset, prepare and post necessary journal entries related to lease payments, accruals, and adjustments, create and maintain detailed lease schedules tracking lease payments, due dates, and key lease terms.
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Developing and maintaining detailed cash flow forecasts models, budget forecasting models, and variance analyses and analyzing revenue and expenditure accounts to determine financial performance and projected outcomes.
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Providing management with accurate and timely quarterly reports and other financial information, effective recommendations that support planning and decision making, and tools to help improve financial processes.
Success in this position ensures compliance with specific regulations and requirements, accuracy of Agency financial records, informed decision making, sound financial position, and provision of government services.
This position is eligible for a hybrid telework schedule upon completion of 6 months of satisfactory performance and a approved telework agreement.
We’ve got great benefits!
DGS offers excellent health benefits at affordable pricing, pre-tax spending accounts, paid life insurance, paid Short- and Long-Term Disability benefits, paid holidays, vacation, and other leave benefits, wellness programs, and a state retirement plan with options for tax-deferred retirement savings including employer matching. Additionally, DGS is a qualifying employer for the Public Service Loan Forgiveness Program.
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Ability to read, understand, and interpret accounting and financial data, reports, and related materials.
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Ability to comprehend, interpret, and apply regulations, procedures, and related information.
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Strong verbal and written communication skills, including the ability to create written reports and documents in a concise, clear, and effective manner and interact with management, employees, and Division Directors.
Sponsorship will not be provided for this role, now or in the future. Candidates must be authorized to work in the United States by the start date of their employment to be considered. Candidates must also be able to pass a criminal background check.
Additional Considerations:
Special Instructions
Applications will continue to be accepted until a suitable pool of candidates is received, but this position may be closed at any time after March 11, 2025. Applicants in need of accommodation during the application and/or interview process may contact DGS at 804-786-3910 for assistance.
The online state application must contain all required information and fully respond to questions to be considered for this job opportunity. Online applications must be submitted via jobs.virginia.gov and include your resume and a cover letter. While we encourage you to review all of the requirements and additional considerations in drafting your cover letter, we encourage you to specifically address all of the following:
- The effectiveness and overarching impact of your experience using problem-solving skills to make recommendations for complex fiscal issues;
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Your experience with financial research, analysis, and report presentation; and
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Your knowledge and experience with accounting and financial practices, policies, and procedures, to include accrual and cash basis accounting, lease accounting, and monthly and year-end closing processes.
Fax, e-mail, or mail applications will not be accepted. For assistance or computer access, please visit your local Virginia Employment Office or contact our office jobs@dgs.virginia.gov or 804-786-3910.
You will be provided a confirmation of receipt when your application has been successfully submitted. Please refer to the “Your Application” page in your account to check the status of your application for this position.
Sponsorship will not be provided for this position now or in the future. Confirmation of eligibility to work will be required at time of hire. DGS will record information from each new employee’s Form I-9 (Employment Eligibility Verification) into the Federal E-Verify system to confirm identity and work authorization.
The selected candidate must also pass a criminal background check.
The Virginia Department of General Services is an equal opportunity employer and a proud Virginia Values Veterans (V3) Certified employer. Individuals from minoritized groups, individuals with disabilities, veterans, and individuals with AmeriCorps, Peace Corps, and other national service experience are encouraged to apply.
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.
Name: DGS Human Resources