The mission is to encourage economic growth and diversification in Alaska. Our client is currently seeking a Controller to join the Anchorage, AK team. This is an immediate opening with competitive pay, benefits package, and a matching 401k.
Objective: This position is responsible for accounting functions relating to the Client. This includes ensuring the accuracy and completeness of the general ledger including the balancing, reporting and maintenance of accounting records. This position is responsible for ensuring appropriate internal accounting controls exist. This position is also responsible for state budget preparation for the Client, fiscal note preparation, and responding to other budget related requests for financial and program information.
Scope of work:
Daily Accounting Operations:
- Work closely with the Client management Provide financial data and/or analysis to project managers, procurement manager, upper management, federal grantors, grantees and others. Oversees daily accounting activities, including accounts receivable, accounts payable, investments, capital projects and loans, and the recording of those activities in the general ledger.
- Controls budgets and expenditures for both the Client operating and capital budgets with restricted funding sources. Certifies funds availability, as required, at various transactional levels.
- Monitors the expenditure activity of the operating component units of the Client budget and reports the budget status to management.
- Supervises, approves and monitors the processing of project budgets, encumbrances and expenditures.
- Reviews the annual State operating and capital budget requests and prepare and/or assist in the preparation of Client’s annual operating and capital budgets. Prepares fiscal notes as required for Client legislation.
- Manages the financial transactions of awarded federal grants and assures compliance with all federal financial reporting requirements.
- Manages federal receipts by reviewing federal grant applications for sufficient federal budget authorization and funding for match requirements; manages federal grant applications and ensures that federal financial assistance award applications are properly completed.
- Manages the receipt and expenditure of all other funding sources of Client. This includes state funds and community grants that are managed by Client on behalf of communities.
- Reviews all Client sub-recipient grants for initiation or amendment. Reviews draft grant language and verifies the accuracy of budget and funding information for sub-recipient grants.
- Reviews and approves federal awards close-outs. This includes verifying that all final invoices have been paid and encumbrances/commitments are released.
- Reviews and approves all sub-recipient awards close outs. This includes verifying that all final invoices have been paid and encumbrances/commitments are released.
- Preparation of financial reports required of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) for Client.
- Prepare and retain audit work papers and reports in sufficient detail to support audit requirements.
- Review moderately complex areas and processes, including regulatory compliance requirements requiring application of specialized governmental and financial accounting knowledge gained through experience.
- Review reconciliations and trial balance work papers prepared by other members.
- Prepare cash flow statement and audit work paper comparative analysis for footnotes.
- Perform follow-up of audit report responses.
- Coordinate and assist the external auditors as required.
- MINIMUM QUALIFICATIONS: Bachelor’s degree in Accounting along with a minimum of five years of professional accounting experience or similar experience. Must have experience in preparing audited financial statements including all footnote disclosures.
- CPA, prior public accounting experience and supervisory experience is very desirable.
- Knowledge of accounting principles and standards and governmental budgeting principles and practices.
- Working knowledge of auditing standards; GASB and FASB pronouncements.
- Knowledge of OMB Circulars and Code of Federal Regulations.
- Ability to function with a high degree of independence.
- Knowledge of principles and practices of personnel management and supervision.
- Skills in financial reporting and analysis, communication, supervision and problem solving.
- Gather and analyze financial data, analyze costs and prepare accounting reports, analyze complex issues and offer solutions and courses of action, set and administer policies in the area of accounting to ensure a sound, comprehensive reporting system