Public Service Administrator-Financial Reporting and Bonds

Position Overview

Major Function

Under general direction, performs professional accounting duties in the Financial Reporting & Bonds Department; assists with implementation and maintenance of report compilation systems for the Annual Comprehensive Financial Report (ACFR); researches and develops footnotes and schedules for the ACFR; assists in the tracking of bond activity for the State and its component units; and assists in the preparation of monthly and annual bond reports. 

Job Responsibilities

• Performs a wide variety of accounting functions in support of the department; assists in developing and implementing policies and procedures for the department and in determining program needs; ensures compliance with policies, procedures, and applicable state regulations which impact financial reporting and accounting. 


• Assists with preparing, compiling, researching, and reviewing monthly and quarterly reports and annual financial statements; assists with preparing the ACFR; assists agencies with completion of GAAP packages; conducts first review of GAAP packages submitted by outside agencies and completes in-house GAAP packages. 


• Assists with tracking bond information for the State and its component units; assists with preparing monthly and annual reports relating to bonds and other financial information. 


• Serves as a liaison to internal offices and other state agencies; consults with outside agency personnel; provides training on various SAMS/GAAP accounting procedures. 


• Consults with Director regarding potential problems with reporting; makes recommendations to resolve and/or improve processes and procedures for the overall financial reporting function. 


• Other duties may be assigned. 

Minimum Qualifications

• Requires a bachelor’s degree in accounting or a degree in a closely related field with completion of 30 semester credit hours in accounting OR a graduate degree in accounting or a graduate degree in a closely related field with the completion of 30 semester credit hours in accounting. 

• Requires three (3) years of progressively responsible experience of which a minimum of one (1) year must be in the fields of accounting or auditing, specifically in the preparation or audit of financial statements, footnotes, or other financial reports. 

Preferred Qualifications

• Prefers the possession of a valid license as a Certified Public Accountant (CPA) or Registered CPA. 


• Prefers three (3) years of experience working with governmental accounting processes and accounting systems. 


• Prefers three (3) years of experience with the preparation of GAAP packages. 


• Prefers experience providing training on various accounting processes or procedures. 


• Prefers experience analyzing routine and non-routine financial situations and complex financial reports and communicating with others regarding the situations and providing guidance to solve problems.

Knowledge, Skills, and Abilities

• Knowledge, Skills, and Abilities


• Requires extensive knowledge of governmental accounting principles and practices.


• Requires knowledge of office methods, procedures, standard office equipment.


• Requires knowledge of functions and organization of State government.


• Requires excellent written and verbal communication skills.


• Requires ability to compose complex reports in a logical and concise manner.


• Requires ability to determine violations and non-compliance with the law and to detect and interpret significant irregularities.


• Requires proficiency in basic web applications and ability to use Microsoft Office Word, Excel, Power Point, and Adobe.


• Requires the ability to coordinate, monitor, and guide a project from conception to completion.

Benefits

This position is eligible to be a member of the State of Illinois Group Insurance program which includes health, dental, vision, and life insurance coverage options. Additionally, this position will annually accrue 12 paid sick days, a minimum of 10 paid vacation days, 4 paid personal days, and be afforded 13 paid state holidays, prorated based on start date.

Equal Employment and Commitment to Diversity

The Illinois Office of Comptroller is committed to the fair and equal employment of individuals with disabilities under the ADA. It is the Illinois Office of Comptroller's policy to provide reasonable accommodation to qualified individuals with disabilities unless the accommodation would impose an undue hardship on the company. The Illinois Office of Comptroller prohibits any harassment of, or discriminatory treatment of, employees or applicants based on a disability or because an employee has requested reasonable accommodation.  

The Illinois Office of Comptroller is committed to creating and maintaining a workplace in which all employees have an opportunity to participate and contribute to the success of the agency and are valued for their skills, experience, and unique perspectives. This commitment is embodied in agency policy and organizational culture.