ACCOUNTANT 1
State of Nevada (NV), Carson City, NV, United States
Responsibilities
The Department of Transportation is currently recruiting for an Accountant 1 in Carson City. This recruitment will be used to fill a current vacancy in the Accounting division. Under limited supervision, incumbents will generate data and external source material to review and correct payroll expense transactions (PREXP) in CoreNV for each pay period, provide project accounting backups for Federal Billing discrepancies, train staff on proper timecard coding with project-specific codes, check State CoreNV for rejections with journal vouchers, correct and submit for processing, and audit and process departmental JVDs. They will provide overall support to divisions regarding accounting problems and management information systems, and advise, consult, direct, and train agency staff to minimize errors and reduce the need for JVDs.
Accountants are responsible for preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards. General-purpose financial statements may be audited and include balance sheets; statements of revenue, expenditures/expenses, and changes in fund equity/balances; and statements of cash flow. Financial statements are typically combined statements which present information by fund type, account group, and discretely presented component units. Fund types include general fund, special revenue funds, debt service funds, capital project funds, enterprise funds, internal service funds, and trust and agency funds. Accountants are also responsible for preparing various other financial reports, including federal, private grant, or national repository reports, and ad hoc reports for internal/external auditors, legislative bodies, and the public.
Bachelor's degree from an accredited college or university in accounting; or bachelor's degree in business administration, finance, or a related field and one year of experience preparing GAAP-based financial statements; periodic federal, state, or private grant fiscal reports and/or fiscal ad hoc reports used by internal and external entities; or four years of accounting experience, two of which were at the Accountant Technician II level in Nevada State service performing the duties described above.
The Accountant series is distinguished from the Accountant Technician series in that Accountants are called upon to make decisions based on a formal body of knowledge obtained through extensive post-secondary accounting education. Accountants must understand and regularly use GAAP and must have knowledge of governmental financial reporting standards. They must compile and analyze information needed to develop complex and specialized financial statements normally found in year-end audit statements of financial position distributed to the public.
Establish and maintain accounting systems and procedures that provide necessary documentation, audit trails for fiscal transactions, classification of expenditures, and current fund balances.
Prepare and analyze working trial balances; identify and correct errors; and prepare journal entries to produce reliable balance sheets and statements of revenues, expenditures/expenses, and changes in fund equity/balances.
Prepare balance sheets, income statements, and changes in fund balance statements from working trial balances to provide reliable financial information.
Use internally generated data and external source material to prepare notes to financial statements with supporting workpapers, tying all amounts to the basic financial statements.
Establish internal accounting procedures for preparing financial statements and managing workflow to ensure compliance with governmental accounting statutes, regulations, policies, and principles.
Provide overall support to agencies and divisions regarding accounting problems and management information systems; give advice, consultation, direction, and training to agency staff; manage accounting functions by developing work plans, assigning work, establishing performance standards, and evaluating performance.
Analyze fiscal data to identify and correct errors; reconcile or supervise the reconciliation of trust accounts, general ledger accounts, bank statements, sub-ledger accounts, and controller’s reports.
Schedule and coordinate audits with independent auditors; prepare supporting work papers and assist auditors in periodic audits; review audit reports and write summaries of findings and recommendations; discuss audit findings with agency management and implement recommendations.
Determine if leases are capital or operating and prepare amortization schedules.
Review agency fixed asset listings to ensure current-year additions and disposals are properly reported; reconcile fixed asset purchases to the accounting system and run depreciation schedules.
May provide full supervision or work direction for professional, technical, or clerical staff.
Perform related duties as assigned.
Under general supervision, Accountant I’s perform some or all of the professional-level accounting duties described in the series concept. This is the entry level in the series, and progression to the next higher level is not automatic.
Qualifications
General knowledge of:
Generally Accepted Accounting Principles, including cost, managerial, and fund accounting principles and practices.
Spreadsheet and word processing software.
Principles and practices of bookkeeping.
Ability to:
Perform complex reconciliations to determine accuracy of account balances.
Read, understand, and interpret manuals, policies, procedures, statutes, and administrative codes and regulations.
Write/draft bill draft requests, contracts, policies, and procedures for complex financial processes.
#J-18808-Ljbffr
The Department of Transportation is currently recruiting for an Accountant 1 in Carson City. This recruitment will be used to fill a current vacancy in the Accounting division. Under limited supervision, incumbents will generate data and external source material to review and correct payroll expense transactions (PREXP) in CoreNV for each pay period, provide project accounting backups for Federal Billing discrepancies, train staff on proper timecard coding with project-specific codes, check State CoreNV for rejections with journal vouchers, correct and submit for processing, and audit and process departmental JVDs. They will provide overall support to divisions regarding accounting problems and management information systems, and advise, consult, direct, and train agency staff to minimize errors and reduce the need for JVDs.
Accountants are responsible for preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards. General-purpose financial statements may be audited and include balance sheets; statements of revenue, expenditures/expenses, and changes in fund equity/balances; and statements of cash flow. Financial statements are typically combined statements which present information by fund type, account group, and discretely presented component units. Fund types include general fund, special revenue funds, debt service funds, capital project funds, enterprise funds, internal service funds, and trust and agency funds. Accountants are also responsible for preparing various other financial reports, including federal, private grant, or national repository reports, and ad hoc reports for internal/external auditors, legislative bodies, and the public.
Bachelor's degree from an accredited college or university in accounting; or bachelor's degree in business administration, finance, or a related field and one year of experience preparing GAAP-based financial statements; periodic federal, state, or private grant fiscal reports and/or fiscal ad hoc reports used by internal and external entities; or four years of accounting experience, two of which were at the Accountant Technician II level in Nevada State service performing the duties described above.
The Accountant series is distinguished from the Accountant Technician series in that Accountants are called upon to make decisions based on a formal body of knowledge obtained through extensive post-secondary accounting education. Accountants must understand and regularly use GAAP and must have knowledge of governmental financial reporting standards. They must compile and analyze information needed to develop complex and specialized financial statements normally found in year-end audit statements of financial position distributed to the public.
Establish and maintain accounting systems and procedures that provide necessary documentation, audit trails for fiscal transactions, classification of expenditures, and current fund balances.
Prepare and analyze working trial balances; identify and correct errors; and prepare journal entries to produce reliable balance sheets and statements of revenues, expenditures/expenses, and changes in fund equity/balances.
Prepare balance sheets, income statements, and changes in fund balance statements from working trial balances to provide reliable financial information.
Use internally generated data and external source material to prepare notes to financial statements with supporting workpapers, tying all amounts to the basic financial statements.
Establish internal accounting procedures for preparing financial statements and managing workflow to ensure compliance with governmental accounting statutes, regulations, policies, and principles.
Provide overall support to agencies and divisions regarding accounting problems and management information systems; give advice, consultation, direction, and training to agency staff; manage accounting functions by developing work plans, assigning work, establishing performance standards, and evaluating performance.
Analyze fiscal data to identify and correct errors; reconcile or supervise the reconciliation of trust accounts, general ledger accounts, bank statements, sub-ledger accounts, and controller’s reports.
Schedule and coordinate audits with independent auditors; prepare supporting work papers and assist auditors in periodic audits; review audit reports and write summaries of findings and recommendations; discuss audit findings with agency management and implement recommendations.
Determine if leases are capital or operating and prepare amortization schedules.
Review agency fixed asset listings to ensure current-year additions and disposals are properly reported; reconcile fixed asset purchases to the accounting system and run depreciation schedules.
May provide full supervision or work direction for professional, technical, or clerical staff.
Perform related duties as assigned.
Under general supervision, Accountant I’s perform some or all of the professional-level accounting duties described in the series concept. This is the entry level in the series, and progression to the next higher level is not automatic.
Qualifications
General knowledge of:
Generally Accepted Accounting Principles, including cost, managerial, and fund accounting principles and practices.
Spreadsheet and word processing software.
Principles and practices of bookkeeping.
Ability to:
Perform complex reconciliations to determine accuracy of account balances.
Read, understand, and interpret manuals, policies, procedures, statutes, and administrative codes and regulations.
Write/draft bill draft requests, contracts, policies, and procedures for complex financial processes.
#J-18808-Ljbffr