GAAP COORDINATOR

POSITION SUMMARY

This Non-Code position serves as a Generally Accepted Accounting Principles (GAAP) Coordinator; directs and coordinates financial reporting for Central Management Services (CMS); reviews the financial records, reports and statements to ascertain completeness and accuracy prior to submitting GAAP packages or financial statements; serves as liaison to external auditors, internal auditors or the Legislative Audit Commission regarding the information provided in the GAAP packages. Serves as full line supervisor; plans, directs and supervises the accounting activities of professional, technical and clerical personnel.  All interested in this position with CMS Office of Finance Management are encourage to apply!

POSITION ESSENTIAL FUNCTIONS

• Directs and coordinates financial reporting for CMS.
• Reviews and/or is responsible for the financial reporting records, reports, and statements to ascertain completeness and accuracy prior to preparing GAAP packages or financial statements for CMS.
• On behalf of, and as required by CMS, monitors, and ensures the completion of State Comptroller’s Office (SCO) forms.
• Serves as full line supervisor.
• On behalf of CMS, serves as liaison and provides answers to external auditors, internal auditors, or the Legislative Audit Commission regarding the information provided in the GAAP packages.
• Keeps abreast of new developments in the financial reporting and accounting fields.
• Reviews, coordinates, and approves external audit reports and findings relative to financial reporting/general accounting functions.
• Performs other duties as required or assigned, which are reasonably within the scope of duties enumerated above.

MINIMUM QUALIFICATIONS

• Requires a bachelor’s degree in accounting, business, or economics.
• Requires two (2) years’ professional supervisory experience.
• Requires three (3) years’ professional experience as a CPA conducting audits in accordance with Government Auditing Standards and/or preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP).

PREFERRED QUALIFICAITONS

• Prefers extensive knowledge of working with laws, rules, and regulations relating to state or non-state accounting or auditing procedures.
• Prefers extensive knowledge of working with Systems, Applications & Products (SAP) in Data Processing, QuickBooks, and Peachtree.
• Prefers extensive knowledge of directing, training, and coordinating the activities of subordinates engaged in accounting activities.
• Prefers extensive knowledge of developing and revising difficult accounting and auditing procedures, methods, and techniques.
• Prefers extensive knowledge of analyzing and determining the adequacy of field audit reports and drawing conclusions on which recommendations are made.
• Prefers extensive knowledge of evaluating difficult accounting problems and analyzing and interpreting complex accounting records and reports.

CONDITIONS OF EMPLOYMENT

• Requires the ability to travel.
• Requires applicant to be registered or licensed as a Certified Public Accountant (CPA).

ABOUT THE AGENCY

Central Management Services (CMS) is the operational engine working behind the scenes to enable the State's more than 60 agencies, universities, boards, and commissions to deliver efficient, reliable services to all Illinois citizens.  The Agency's mission is to support the State by delivering innovative, responsive, and effective services that provide the best value for Illinois State government and the people it serves.  Among the services CMS provides are human resources facilitation; benefits programs for employees, retirees and local governments; property and facilities management; diversity initiatives for public contracting and State employment; joint purchasing support; vehicle fleet oversight and support; surplus property programs; print and electronic communications services; and administrative hearings coordination. 

STATE OF ILLINOIS BENEFITS

As a State of Illinois employee, you receive a comprehensive benefits package including:

• Competitive Group Insurance benefits including health, life, dental and vision plans.
• Flexible work schedules (when available and dependent upon position).
• 10 -25 days of paid vacation time annually (10 days for first year of state employment).
• 12 days of paid sick time annually which carryover year to year.
• 3 paid personal business days per year.
• 13-14 paid holidays per year dependent on election years.
• 12 weeks of paid parental leave.
• Pension plan through the State Employees Retirement System.
• Deferred Compensation Program – voluntary supplemental retirement plan.
• Optional pre-tax programs -Medical Care Assistance Plan (MCAP) & Dependent Care Assistant Plan (DCAP).
• Tuition Reimbursement Program and Federal Public Service Loan Forgiveness Program eligibility.

For more information regarding State of Illinois Benefits follow this link: https://www2.illinois.gov/cms/benefits/Pages/default.aspx

If this opportunity appeals to you, please apply today