Financial Reporting , Compliance Manager

About the role

• Agency
• Dept of State Treasurer
• Division
• Office of State Treasurer
• Job Classification Title
• Accounting Manager II (NS)
• Position Number
• 60009291
• Grade
• NC20

Description of Work

This position is considered essential for the Department of State Treasurer. The position reports directly to the Accounting Director for the Financial Operations Division. The position is responsible for all accounting and financial reporting functions within the Department of the State Treasurer.

This management level position is responsible for all aspects of the financial accounting and reporting functions for the State Treasurer including more than $150 billion in public funds which are managed by the State Treasurer.

This position is responsible for the Department's financial reporting including preparation of the State Treasurer's Office input into the statewide financial statements, known as the Annual Comprehensive Financial Report, issued by the State Controller's Office and audited by the Office of State Auditor; the five Employer Allocation reports; multiple stand-alone financial reports requiring audit; and numerous monthly, quarterly and annual reporting requirements.

The position must maintain strong ethical and fiscal responsibility to serve as an advisor on financial reporting and accounting decisions regarding State and local governments.

The position must have strong financial reporting and accounting experience including knowledge of generally accepted accounting principles as promulgated by the Government Accounting Standards Board (GASB) and Generally Accepted Accounting Principles (GAAP). The position requires significant interaction with numerous state agencies to fulfill its accountability and compliance responsibilities.

These include the Office of State Controller, Office of State Budget and Management, the North Carolina General Assembly, and the Office of State Auditor. The position must also work with outside organizations such as audit firms, actuaries, financial institutions, bond rating agencies, etc. Duties in this position are considered essential to operations for the Department of State Treasurer.

This may require mandatory, on-site work during adverse or crisis situations. Essential duties are a condition of continued employment.

Description of Work

• Responsible for all financial reporting for the Department of State Treasurer, including serving as the primary point of contact for financial audits, completing OSC reporting packages, and ensuring compliance with Governmental Accounting Standards Board (GASB) standards and generally accepted accounting principles (GAAP).
• Manage the policy update, self-assessment, and records retention processes, and provide supervision, performance management, coaching, development, and training for assigned staff.
• Ensure adequate internal accounting and management controls are established and maintained to support the proper recording of financial transactions and compliance with applicable laws, regulations, and the State's EAGLE internal control program.
• Maintain technical expertise in financial accounting, GAAP, and GASB pronouncements, including the implementation of new accounting and reporting standards.

Knowledge Skills and Abilities/Management Preferences

Qualified applicants must possess, and application must clearly reflect work experience that demonstrates the following:

• Thorough knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) practices.
• Ability to interpret and apply complex federal and state regulations, and provide technical guidance.
• Ability to use accounting judgement and theory to resolve fiscal issues, and present results of analysis.

Management Preferences

• Certified Public Accountant (CPA)

Inquiries and applications will be kept strictly confidential.

Salary Range - $70,478.00-$123,336.00

Various state and federal laws apply to the Department's personnel. This position has been designated as Exempt in accordance with North Carolina General Statutes § 126-5(c13).

In furtherance of the Department of State Treasurer's existing ethics and transparency programs, this position is subject to the ethics and conflict of interest requirements of the Department of State Treasurer Supplemental Ethics Policy (Tier 2 Ethics Policy -).

This position is not subject to the overtime provisions of the federal Fair Labor Standards Act.

This position may be assigned additional job functions as needed. This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change, or new ones may be assigned at any time with or without notice based on business conditions or as required by the agency to fulfill its mission.

Minimum Education and Experience

• Some state job postings say you can qualify by an "equivalent combination of education and experience."
• If that language appears below, then you may qualify through either years of education, years of directly related experience, OR a combination of both.
• See oshr.nc.gov/experience-guide for details.

The minimum Education and Experience is a bachelor's degree in accounting, or a degree in business administration, finance, public administration, or a related discipline from an appropriately accredited institution with 18 semester hours of accounting coursework; and six years of professional accounting experience in the preparation and review of interpretive or analytical accounting, financial statements and reports; of which at least two are supervisory; or equivalent combination of education and experience.

• Important: This posting closes at 11:59:59 PM the night BEFORE the End Date above.
• If you have student loans, becoming a state employee includes eligibility for the Public Service Loan Forgiveness Program.

• This position currently qualifies for a hybrid telework option with routine office and remote workdays.
• The NC Department of State Treasurer trusts our employees to be self-motivated and successful in hybrid/remote roles.
• Telework options are subject to change at the discretion of management.

Nc State Health Benefits

The State of North Carolina offers excellent comprehensive benefits. Employees can participate in health insurance options, standard and supplemental retirement plans, and the NC Flex program (numerous high-quality, low-cost benefits on a pre-tax basis). Employees also receive paid vacation, sick, and community service leave. In addition, paid parental leave is available to eligible employees.

Visit the website for State Benefits

Supplemental and Contact Information

DST fills positions with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

Application Process

Be sure to complete the application in its entirety. Resumes will not be accepted in place of completing this application.

• Information should be provided in the appropriate areas, to include the following: Education, including high school and all degrees obtained, Work Experience, and Certificates & Licenses. It is critical to our screening and salary determination process that applications contain comprehensive candidate information.
• Answers to Supplemental Questions are not a substitute for providing all relevant information within the body of your application. To receive credit for the supplemental questions, you must provide supporting information within the "Work Experience" section of the application to support your answers.
• Applicants will be subject to a criminal background check.
• Due to the volume of applications received, we are unable to provide information regarding the status of your application over the phone. To check the status of your application, please log in to your account. Upon the closing date, applications are "Under Review" and will be screened by Human Resources for qualified applicants. The hiring process may take several weeks.
• Degrees must be received from appropriately accredited institutions. Transcripts and degree evaluations may be uploaded with your application. The State of North Carolina/Office of State Human Resources uses the National Association of Credential Evaluation Services (NACES) as a referral resource for applicants who need to have their credentials certified as equivalent.

Degree/College Credit Verification

Degrees must be received from appropriately accredited institutions. Transcripts, degree evaluations, and cover letters may be uploaded with your application.

Veterans' and National Guard Preference

• Applicants seeking Veteran's Preference must attach a DD-214 Member-4 Form (Certificate of Release or Discharge from Active Duty) to their applications.
• Applicants seeking National Guard Preference must attach an NGB 23A (RPAS), along with the state application, if they are a current member of the NC National Guard in good standing.
• Applicants who are former members of either the NC Army National Guard or the NC Air National Guard, with honorable discharge and six years of creditable service, must attach a copy of the DD 256 or NGB 22, along with the state application.

Background Check

• The selected candidate will be subject to a criminal history background check through Castle Branch.
• One or more of the following may also be reviewed, depending on the nature and requirements of the position: employment history, professional references, credit history, and educational verification (i.e., degree, license, or official transcript).
• The selected candidate will be required to pass the background check to the satisfaction of the North Carolina Department of State Treasurer. All offers of employment are conditional until the satisfactory completion of the background check.

Contact Information

• If there are any questions about this posting, other than your application status, please email the NC Department of State Treasurer at.
• The Department of State Treasurer's campus is located on Atlantic Avenue, is surrounded by many shopping centers and restaurants, has access to a 24-hour 7-day a week free gym on the campus, and has free employee parking.

Minimum Education and Experience

• Some state job postings say you can qualify by an "equivalent combination of education and experience."
• If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both.
• See the Education and Experience Equivalency Guide for details.