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Financial Specialist Principal
2 months ago
We are seeking a highly skilled and experienced Financial Specialist Principal to join our team at the State of Idaho. This is a statewide position that requires strong leadership and financial management skills.
Key Responsibilities- Supervise and train budget preparation for the Division of Public Health, the Division of Behavioral Health, and the Domestic Violence Council.
- Reconcile between original appropriation and actual expenditures, calculate carryforward, prepare personnel worksheets, calculate annual salaries, coordinate database entry of original appropriation, schedule preparation and reconciliation, and coordination of expansion decision units with programs.
- Coordinate the distribution of personnel worksheets to the program, calculate annual salary and/or CEC from returned personnel worksheets, calculate actual available funding (receipts/federal funds/general funds), work with the program on distribution methodology, identify projected expenditures from historical and/or other data, work with the program on special projects and off-the-tops, and entry of allocations into the system.
- Good knowledge of accounting principles and practices, typically gained by four or more years of professional work experience as an accountant or equivalent applying Generally Accepted Accounting Principles (GAAP).
- Good knowledge of supervisory practices, typically gained by at least one year of experience performing as a supervisor which required work assignment, direction, and monitoring staff with responsibility (or significant input) into the hiring of employees, preparing performance evaluations, and handling problem-solving procedures.
- Experience using personal computers to develop, analyze, and report on financial data.
- Experience monitoring/reviewing internal financial controls.
- Experience resolving technical accounting, auditing, or budgeting problems.
- Experience preparing financial documents for management review.
- Experience analyzing financial activities and recommending or implementing management actions.
- Extensive financial knowledge, typically gained through a bachelor's degree in finance, accounting, business administration, or a related field.
- Expertise in Excel, typically gained by a minimum of 3 years practical application.
- Governmental accounting experience and knowledge of federal funding sources.
- Independent problem-solving abilities, typically demonstrated through proactive identification and resolution of gaps in financial policies and systems, proposing and implementing improvements, effectively triaging system issues, and staying updated on regulatory changes and best practices to enhance system efficiency and compliance.
The State of Idaho is committed to providing equal employment opportunities and prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, political affiliation or belief, sex, national origin, genetics, or any other status protected under applicable federal, state, or local laws.
The State of Idaho is committed to access and reasonable accommodations for individuals with disabilities, auxiliary aids and services are available upon request.
