This is entry-level accounting work, responsible for determining appropriate transactions, and preparing financial statements or reports, according to Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards. An employee in this class is responsible for applying conceptual accounting principles and techniques in the preparation and review of financial and accounting transactions in state agencies.
Applies conceptual accounting principles in the preparation of financial statements such as: balance sheets, income statements, statements of revenue and expenses, and similar financial statements according to GAAP and agency specific, state, or federal requirements.
Prepares supporting documentation for financial statements and explains accounting events in conformance with GAAP.
Reviews and approves accounts payable and payroll transactions; accounts receivable and cash receipts and approves fixed assets according to GAAP standards.
Identifies, reviews, and/or prepares financial transactions such as journal vouchers, interagency transactions, payroll, etc. and advises management of issues, errors, and the need for appropriate correcting entries.
Identifies and prepares adjusting and/or closing entries and transactions between funds according to GAAP to accurately present the financial position of an agency or state.
Ensures assignments and work products, completed under the direction and supervision of a senior professional or administrator, conform with established governmental and professional standards.
Analyzes and prepares necessary cash draws; budget allocations tracking, and remaining balances on grants.
Prepares information requested by internal, state, and federal auditors.
Identifies and assists with correcting deficiencies in internal controls.
Assists with assessing financial conditions and results of operations; works on projects involving analysis of cost and/or performance data; prepares reports and information to assist users in assessing service delivery costs and accomplishments of a governmental entity.
Prepares financial information or reports to facilitate budget formulation and execution; assist users in evaluating budgetary integrity and operating performance, and budgeted/actual or other specialized reports.
Performs accounting functions associated with financing activities; collects, analyzes, and documents economic/statistical data, bond sales, projections, cash flow, debt repayment, and associated functions.
Assists with the collection and analysis of financial forecasting data.
Assists with financial analysis using ratios and other computations.
Assists with the development of rates, analysis of variance, identification and application of overhead, and cost per unit computation.
Prepares standardized internal financial reports.
Documents budget, agency, and financial reports.
Assists with the development and maintenance of state or agency reference file tables, which may include agency, organization, grant, or project profiles.
Assists with testing, implementation, and troubleshooting of internal accounting systems.
May supervise a small number of staff responsible for routine transaction processing or preparing reports.
Gathers data and assists with preparation of fiscal notes.
Stays abreast of a complex and evolving body of knowledge of professional accounting and governmental financial management.
Acquires knowledge of state/federal policy and/or procedures as they apply to the agency's/state's financial structure; maintains a current knowledge of a complex and evolving body of professional accounting knowledge.
Receives close supervision and training from a higher-level Accounting Specialist or other administrative supervisor; however, as experience is gained, supervision becomes more general, and the employee exercises increasing independence and initiative in the performance of assignments within established policies and procedures.
Performs other related work as assigned.
Introductory knowledge of Generally Accepted Accounting Principles (GAAP), methods, and the applicability and adaptation of established procedures to various accounting problems.
Introductory knowledge of theoretical principles and applied practices of governmental accounting.
Introductory knowledge of state and federal laws, rules, and regulations governing the expenditure and reporting of state and federal funds.
Introductory knowledge of the principles and application of data processing systems in accounting and fiscal operations.
Introductory knowledge of Generally Accepted Auditing Standards (GAAS) and Generally Accepted Government Auditing Standards (GAGAS).
Ability to research accounting issues and apply pronouncements of Governmental Accounting Standards Board (GASB), Accounting Principles Board (APB), Financial Accounting Standards Board (FASB), Government Accountability Office (GAO), Office of Management & Budget (OMB), American Institute of CPAs (AICPA), Public Company Accounting Oversight Board (PCAOB), and other applicable standards to accounting transactions.
Ability to prepare and maintain accurate and detailed financial records and reports.
Ability to evaluate federal and state legislation to determine overall impact on fiscal activities and determine effective courses of action.
Ability to interpret and graphically illustrate statistical and financial data.
Ability to supervise a staff engaged in a variety of financial activities.
Ability to establish and maintain effective working relationships.
Ability to communicate effectively.
(The following requirements will determine merit system eligibility, experience and education ratings, and may be used to evaluate applicants for Missouri Uniform Classification and Pay System positions not requiring selection from merit registers. When practical and possible, the Division of Personnel will accept substitution of experience and education on a year-for-year basis.)
A Bachelor's degree from an accredited college or university which included:
24 or more earned credit hours of Accounting courses, including at least one course in Auditing; and,
18 or more earned credit hours of additional coursework in Accounting or other areas of Business Administration such as Business Law, Statistics, Economics, Finance, Marketing, Management, Information Technology, and Business Communications.
Successful completion of all parts of one of the following certification examinations : Certified Public Accountant (CPA), Certified Government Auditing Professional (CGAP), Certified Internal Auditor (CIA), Certified Government Financial Manager (CGFM), or Certified Fraud Examiner (CFE).