What are the responsibilities and job description for the OMF Financial Analyst 3 position at State of Louisiana?
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- Provide primary accounting functions for all grant monitoring administration, compliance, grant accounting, and financial reports of awarded grants through final closing.
- Set up new grants, enter indirect cost allocations, & match journal entries.
- Assist in the development of standards, procedures, and best practices to ensure efficient and effective division operations.
- Meet with Program Staff as needed when grant is awarded to review responsibilities for grant management and reporting.
- Serve as a financial subject matter expert (SME) for programmatic reporting and policy changes that impact financial reporting of each program assigned.
- Responsible for monitoring and maintaining file exchanges and updates to data/financial files between LDH programs and LDH Fiscal.
- Responsible for reconciling errors on financial reporting submitted by Program Staff to LDH Fiscal and seeking resolution with Program Staff in an effort to avoid future errors.
- Attend subsequent meetings to maintain communication throughout and at the conclusion of the grant.
- Run Open Grants report monthly and review balances.
- Research expenditure anomalies, and create adjusting entries for expenditures as needed.
- Provide periodic updates to Program Staff on available grant funds.
- Prepare monthly data for the fiscal office on funding draws from Federal Agencies.
- Prepare/coordinate quarterly reports for Federal Agencies while contacting/collaborating with other offices as needed to gather required information.
- Reconcile interim and final financial reports, and verify final financial reports with Fiscal Office.
- Provide grant data for annual grant audits (A133 audit) and for Annual Financial Report (AFR) and Schedule of Expenditures of Federal Awards (SEFA)
- Monitor compliance with internal policies related to grant funds and any other applicable grant regulations.
- Perform all grant closing activities.
- Other tasks as required.
QUALIFICATIONS
REQUIRED:
- Bachelor's degree or six years of professional experience in lieu of degree.
- Minimum three years of professional general accounting experience.
- Minimum one year of professional experience with processing complex financial transactions, recordkeeping and preparation of monthly, quarterly and/ or annual reporting.
- Proficient in the use of Microsoft Office, including but not limited to Outlook, Word, and Excel.
- Strong verbal and written communications skills and ability to communicate technical concepts to technical and nontechnical audiences. Great attention to detail and follow up.
- Excellent interpersonal skills, ability to provide a high level of customer service and establish and maintain effective interdepartmental communications and relationships.
DESIRED:
- Advanced degree or Bachelor’s Degree in Accounting, Finance, Business Administration or a related field.
- Minimum four years of professional general accounting experience.
- Minimum two years of professional experience with processing complex financial transactions, recordkeeping and preparation of monthly, quarterly and/ or annual reporting.
- Minimum two years of professional experience with state financial systems such as LaGov or federal financial systems such as the Automated Standard Application for Payments (ASAP) or Payment Management System (PMS).
- Minimum two years of professional experience with program or project coordination.