ASSISTANT CONTROLLER

ASSISTANT CONTROLLER

Date: Nov 22, 2024

Req ID: 45195

Location:

Little Rock, AR, US, 72201

Category: DEPT OF WORKFORCE SERVICES

Anticipated Starting Salary: $62,530.83

Position Number: 22178635

County: Pulaski

Anticipated Starting Salary: $62,530.83

ACOM Finance Shared Services

Position Summary

The Division of Workforce Services Assistant Controller Provides supervisory guidance to a subordinate accounting supervisory and professional staff by establishing work plans and staff assignments, resolving difficult or complex problems, and evaluating employee performance. Reviews general ledger and subsidiary accounts to verify balances and processing of year end closing. Allocates funds for new and existing accounts when establishing and maintaining general ledger on department operations. Research outstanding checks and balances for preparation of report for unclaimed property. Tracks and reconciles unexpended accounts. Evaluates current and future data processing needs related to quality control and reporting procedures. Prepares financial reports, budget projections, special project costs, expenditure analysis, and federal grant reports. Provides technical assistance to departmental officials by interpreting data and details of various accounting reports. Performs other duties as assigned.

Education and Professional Work Experience

Minimum Qualifications

The formal education equivalent of a bachelor’s degree with a major in accounting, or finance; plus, four years of experience in accounting including two years in a managerial or supervisory capacity. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management.

Knowledge, Skills, and Abilities

• Knowledge of Generally Accepted Accounting Principles and Practices.

• Knowledge of state fiscal and budgetary laws, policies, and procedures.

• Knowledge of supervisory practices and procedures.

• Ability to plan, organize, and direct the work of lower-level supervisors and/or subordinates.

• Ability to analyze data and situations, project outcomes, and resolve problems.

• Ability to evaluate the operation of the accounting system and recommend modifications.

• Ability to interpret laws and regulations .

• Ability to write proposals, justifications, and policies .

Job Responsibilities and Expected Results

• Department budget reports and analysis

• Annual Operations Plan

• Biennial Budget

• Salary projections and reporting

• Revenue reporting and tracking

• Development of policies and procedures

• Oversees the divisions disbursements

• Other duties as assigned

Key Business Processes/Duties

• Prepares, analyzes, and/or interprets proposed and existing legislation, fiscal laws, budget directives, and policies to implement internal and external directives and provides technical expertise and assistance to department divisions in development of biennial and annual fiscal programs.

• Attends legislative committee meetings, tracks legislative recommendations for division level budgets, prepares associated documents for presentation to the General Assembly, and keeps abreast of laws and regulations to maintain compliance.

• Oversees development of biennial and annual division level budgets; coordinates the development of new applications and procedures, as needed, to ensure data integrity and proper interfaces between multiple automated systems, by establishing guidelines and schedules for system development and monitoring the progress and validity of updates.

• Prepares funded budget schedules, salary projections for department operations.

• Performs other duties as assigned.

The mission of the Department of Commerce is to champion economic opportunities through strategic initiatives and an equitable regulatory environment that attracts and grows businesses, safeguards consumers, enhances workforce quality, and energizes our infrastructure, creating a better quality of life for all Arkansans.

Position Information

Class Code: A031C

Grade: GS11

FLSA Status: EXEMPT

Salary Range: $62,531.00 - $99,737.00

Summary

The Assistant Controller is responsible for maintaining the organizational general ledger, chart of accounts, and overseeing related work activities. This position is governed by state and federal laws, Generally Accepted Accounting Principles (GAAP), and agency/institution policy.

Functions

Provides supervisory guidance to a subordinate accounting supervisory and professional staff by establishing work plans and staff assignments, resolving difficult or complex problems, and evaluating employee performance. Reviews general ledger and subsidiary accounts to verify balances and processing of year end closing. Allocates funds for new and existing accounts when establishing and maintaining general ledger on department operations. Researches outstanding checks and balances for preparation of report for unclaimed property. Tracks and reconciles unexpended accounts. Evaluates current and future data processing needs related to quality control and reporting procedures. Prepares financial reports, budget projections, special project costs, expenditure analysis, and federal grant reports. Provides technical assistance to departmental officials by interpreting data and details of various accounting reports. Performs other duties as assigned.

Dimensions

None

Knowledge, Skills and Abilities

Knowledge of Generally Accepted Accounting Principles (GAAP). Knowledge of administrative and management concepts. Knowledge of automated accounting systems and procedures. Knowledge of management and supervisory practices and techniques. Ability to supervise a subordinate accounting supervisory and professional staff. Ability to establish and apply accounting principles and methods to total operation of an accounting department. Ability to analyze and interpret various forms of accounting data. Ability to prepare detailed reports. Ability to plan, schedule, and implement an accounting system.

Minimum Qualifications

The formal education equivalent of a bachelor's degree with a major in accounting, or finance; plus four years of experience in accounting including two years in a managerial or supervisory capacity. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. 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.

Licenses

None

The State of Arkansas is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, citizenship, national origin, genetic information, military or veteran status, or any other status or characteristic protected by law.

Nearest Major Market:Little Rock