ACCOUNTANT I

Accountant I

The Accountant I is responsible for performing professional accounting and financial tasks within a state government agency. This position involves processing financial transactions, preparing reports, reconciling accounts, and ensuring compliance with state financial regulations and policies. The Accountant I will work closely with other financial staff to ensure accuracy and consistency in the agency's financial operations. This position requires on-site employment with no remote or hybrid options available.

Job Responsibilities and Expected Results:

• Prepare and maintain financial records, ensuring accuracy and completeness of all transactions.
• Assist in the preparation of financial reports, budgets, and forecasts in accordance with state regulations and policies.
• Reconcile accounts, ensuring discrepancies are identified and resolved in a timely manner.
• Prepare journal entries and ensure all entries are properly documented and in compliance with state accounting standards.
• Process accounts payable and accounts receivable transactions, ensuring accuracy and proper documentation.
• Review, track, and request federal draws from federal partners.
• Compile monthly financial reports report for Department leadership.
• Other duties as assigned.

Key Business Processes:

• Monthly reconciliation of actual expenditures and draws to approved indirect cost rates.

Position Information:

• Job Series: Accountants
• Classification: Accountant I – Career Path
• Class Code: FAC01P
• Pay Grade: SPC01
• Salary Range: $58,700 - $86,876

Knowledge and Skills:

• Familiarity with governmental accounting principles, financial reporting, and budgeting processes.
• Proficient in accounting software (e.g., PeopleSoft, QuickBooks, Microsoft Excel) and standard office applications.
• Skilled in preparing and presenting financial statements, budgets, and reports.
• Understanding of state and federal financial regulations and accounting standards.

Minimum Qualifications:

• A Bachelor's degree in Accounting, Finance, Business Administration, or a related field from an accredited college or university.

Nearest Major Market: Little Rock