ACCOUNTANT I

ACCOUNTANT I

Date: May 28, 2026

Req ID: 57640

Location:

Little Rock, AR, US, 72202

Category: DEPT OF COMMERCE

Anticipated Starting Salary: $58,700.10

Position Summary

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.

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

Job Summary

The Accountant I is responsible for performing professional accounting and financial tasks within a department. 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.

Primary Responsibilities

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.

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.

Satisfaction of the minimum qualifications, including years of experience and service, does not entitle employees to automatic progression within the job series. Promotion to the next classification level is at the discretion of the department and the Office of Personnel Management, taking into consideration the employee’s demonstrated skills, competencies, performance, workload responsibilities, and organizational needs.

Licensure/Certifications

N/A OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.

Nearest Major Market:Little Rock