Deputy Director of Accounting at State of Indiana in Indianapolis| IN
Place of work
Indianapolis
Job details
Job description, work day and responsibilities
Job description
About the Indiana Housing and Community Development Authority (IHCDA):
At IHCDA, we believe that growing Indiana's economy starts at home. Everyone can agree that all Hoosiers should have the opportunity to live in safe, affordable, good-quality housing in economically stable communities. That's the heart of IHCDA's mission. Our charge is to help communities build upon their assets to create places with ready access to opportunities, goods, and services. We also promote, finance, and support a broad range of housing solutions, from temporary shelters to homeownership. Salary:
The starting salary for this position may be commensurate with education and/or experience. About the Job:
The position contributes to fulfilling the IHCDA mission and meeting strategic and annual IHCDA operational and program goals by assisting the Controller and Director of Accounting through:
Ensuring the integrity of various accounting-related activities designed to meet generally accepted standards of accounting and auditing, providing financial accountability for the agency, assuring use of proper internal controls, and helping to support the activities of the operating departments. Coordinating with agency personnel for the assigned programs to ensure timely completion and distribution of trial balances and budgets to program managers for accurate administration of the programs. Ensuring reconciliation, recording, and reporting of activities for federal and mortgage bond programs. Fulfilling customer service needs of the organization through providing support and training related to accounting and reporting activities. Ensuring the integrity of accounting information by recording, verifying, and entering transactions. Promoting Continuous Improvement (CI) initiative(s) and the culture of Office Kaizen. A Day in the Life:
Provides leadership and mentoring to team members. Reconciles assigned bank and trust accounts by the designated deadline. Prepares and posts needed journal entries. Prepares and performs the monthly cost allocations within the designated deadline. (On a back-up basis). Reviews Accounts Payable transactions for proper coding. (On a back-up basis). Assists Program Directors and Managers with program audits. Maintains schedules for accruals, amortization, and prepares related journal entries for the completion of monthly financial statements and budgets for assigned programs. Compiles and reviews trial balances. Makes correcting/adjusting entries prior to the month end close for assigned programs. Reconciles accounts on a daily / monthly basis depending upon need. Disseminates financial information (e.g., trail balances, budgets, and special requests) to program managers for approval and timely reimbursement of program funds. Coordinates with the program accountants to ensure that funds are maintained accurately, and any issues are resolved timely. Responds accurately and timely to monthly reporting inquiries, provides information, assists in preparation of schedules, and provides support for the preparation of the year-end financial statements for auditors for the year-end audit. Coordinates assigned aspects of the annual financial statement and A-133 audits. Creates and updates financial statements & supplemental schedules within the financial reporting software. Resolves program issues affecting financial reporting and internal controls. Performs set up for the Chart of Accounts for program changes / new programs and bond series. Understands the inputs and outputs to the accounting processes to effect process improvements for the department and organization. Documents and assesses departmental procedures, internal controls, and their implementation. Applies Generally Accepted Accounting Principles (GAAP) within accounting processes and financial reporting requirements. Researches and assists in the implementation of new Governmental Accounting Standards Board (GASB's). Updates job knowledge by participating in educational opportunities, reading professional publications, participating in professional organizations to maintain continuing professional education (CPE) requirements. Maintains financial information in a manner that it is accessible and backed-up routinely. Exercises effective time management and manages multiple responsibilities. Develops and leads the month end and year end closing processes within Microsoft Dynamics Great Plains. Performs all accounting and compliance functions for assigned federal, state, and mortgage bond programs. Produces, reviews, and distributes monthly and quarterly budget reporting and financial statements. Produces and distributes the required bond disclosure reporting. Also, prepares and maintains reports, surveys, questionnaires requested / required by the Rating Agencies (e.g., Moody's, S&P, Fitch) Assists with the annual IHCDA General Operating budget, and monitors budget to actual numbers monthly. Maintains up-to-date Standard Operating Procedures for job responsibilities to be used for cross training. Prepares accurate, timely compliance filings. Cross trains on all areas. Provides accounting functions for the assigned Federal and Mortgage Bond programs to ensure proper reconciliation and recordkeeping. What You'll Need for Success:
Bachelor's Degree in Accounting required. CPA, or CPA candidate. MBA a plus. Minimum 8 years of accounting and financial reporting experience. 3-5 years of supervisory experience. Experience with accounting software required. Prefer experience with Microsoft Dynamics Great Plains or similar system. Proficient in Microsoft Office Suite(s). Advanced Excel proficiency required. Proficient in the application of GAAP and familiarity with the GASB. Takes initiative, requires little supervision. Provides mentoring and guidance to team members. Prioritizes and organizes tasks and time. Bring concerns to a resolution on their own, and keeps management apprised of work status. Possesses knowledge of operating and capital budgets. Demonstrates knowledge and understanding of Generally Accepted Accounting Principles (GAAP), and Generally Accepted Auditing Standards (GAAS). Exercises the ability to analyze financial information, recognize trends, and make decisions. Proficient in computer skills, i.e., Teams, Microsoft Dynamics Great Plains, Microsoft Word, Excel, Internet, E-mail, and Management Reporter. Aptitude to use Bloomberg. Demonstrates effective verbal and written communication skills. Possesses the ability to effectively communicate with a variety of individuals with diverse backgrounds, education, and economic levels. Exercises attention to detail, strives for accuracy and timeliness. Has the ability to be bonded and preserves the confidentiality of information. Supervisory Responsibilities/Direct Reports:
This role provides direct supervision for one or more staff members. Benefits of Employment with the State of Indiana:
The State of Indiana offers a comprehensive benefit package for full-time employees which includes:
Three (3) medical plan options (including RX coverage) and vision/dental coverages Wellness program (offers premiums discount for the medical plan) Health savings account (includes bi-weekly state contribution) Deferred compensation account (similar to 401k plan) with employer match Two (2) fully-funded pension plan options Group life insurance Employee assistance program that allows for covered behavioral health visits Paid vacation, personal and sick time off Competitive leave policies covering a variety of employee needs 12 company paid holidays, 14 on election years Qualified employer for the Public Service Loan Forgiveness Program New Parent Leave Free Parking Free LinkedIn Learning Equal Employment Opportunity:
The State of Indiana is an Equal Opportunity Employer.
Salary Range:
$100K -- $150K
Minimum Qualification
AccountingEstimated Salary: $20 to $28 per hour based on qualifications.
Company address
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Offer ID: #848503,
Published: 2 weeks ago,
Company registered: 1 year ago