Financial Reporting Analyst

Financial Reporting Analyst

In support of the Commonwealth's commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth's Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly called a Certificate of Disability) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans may also apply via the AHP if they also provide an AHP Letter. To request an AHP Letter, use this link or call DARS at View phone number on click.appcast.io, or DBVI at View phone number on click.appcast.io.

Assist with planning and coordination of the annual financial reporting preparation and verification process to ensure compliance with financial reporting requirements as promulgated by the Governmental Accounting Standards Board (GASB), the National Association of College and University Business Officers (NACUBO) and the American Institute of Certified Public Accountants (AICPA). Analyzes and evaluates management recommendations of external and internal audit reports to determine issues and deficiencies underlying the recommendations and evaluates and approves college responses to management recommendations. Analyzes and evaluates internal controls of the VCCS. Ensures that the VCCS Chart of Accounts supports internal and external reporting requirements. Conceptualizes, formulates, and implements policies, procedures and methodologies to ensure conformance with all reporting requirements.

Working knowledge of generally accepted accounting principles, practices, and governmental accounting standards. Working knowledge of complex automated financial systems, such as PeopleSoft or other Oracle-based programs. Financial statement preparation experience. General knowledge of higher education and applicable federal and state guidelines. Knowledge of federal programs including federal cash management standards. Intermediate knowledge of MS Excel and Word. Excellent communication skills, both oral and written. Excellent customer service skills. Analyze financial data. Prepare accounting entries. Prepare budget-specific journal entries. Reconcile accounts and assist colleges with reconciliation questions. Prepare financial statement footnotes, journal entries, and provide general assistance with our Annual Comprehensive Financial Report (ACFR). Demonstrated ability to interpret administrative policies and procedures, exercise independent judgment, and make sound business decisions. Demonstrated ability to effectively manage time and work on multiple assignments. Demonstrated ability to work well with various levels of management and staff in a diverse and decentralized environment. Demonstrated ability to troubleshoot to resolve problems. Work effectively in a team environment. Work independently.