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Senior Financial Officer

2 months ago

West Columbia, South Carolina, United States State of South Carolina Full time
Salary: $46, $86,321.00 Annually

Location: Richland County, SC

Job Type: FTE - Full-Time

Agency: Department of Education

Division: First Steps

Job Responsibilities

The individual in this role will oversee the management of state-level program budgets and financial resources while ensuring the accuracy of assigned accounts. Responsibilities include:

1. Maintaining an understanding of state accounting processes and fiscal regulations.
2. Developing and generating invoices for grant receivables, ensuring timely receipt and posting to the agency's financial records.
3. Utilizing the South Carolina Enterprise Information Systems (SCEIS) to monitor and manage cash balances for designated grants.
4. Ensuring all financial transactions are recorded accurately and punctually.
5. Staying informed about federal grant regulations and deadlines to ensure compliance.
6. Preparing monthly financial reports for all assigned grants and distributing them to relevant stakeholders.
7. Participating in required meetings related to grants and updates.
8. Collaborating closely with the grant manager to maintain reliable financial data.
9. Acting as the liaison for financial audits, coordinating with auditors at various levels to verify compliance and completion.
10. Auditing grant expenditures to meet established requirements.
11. Monitoring the use of grant funds allocated to Local Partnerships to ensure appropriate and timely spending.
12. Identifying and addressing areas of concern or noncompliance, notifying relevant personnel.
13. Providing support to the Chief Financial Officer as needed.

Minimum and Additional Requirements

A bachelor's degree in accounting, finance, business, or a related field, along with professional experience in a relevant area such as accounting, auditing, finance, or banking.

Preferred Qualifications

A bachelor's degree in accounting or a related field, with a strong background in financial data collection and analysis. A minimum of three (3) years of experience in federal grant accounting and cash management is preferred.

Benefits for State Employees

The state of South Carolina provides eligible employees with comprehensive benefits, including health and dental insurance, retirement and savings plan options, and paid leave. Additionally, work-life balance initiatives such as telecommuting and flexible schedules may be available to employees in certain state agencies.

Insurance Benefits
Eligible employees can enroll in health insurance, which includes prescription coverage and wellness benefits, along with other insurance options such as dental, vision, life insurance, and flexible spending accounts for health and childcare expenses.

Retirement Benefits
State employees have access to various retirement plan options, including defined benefit and defined contribution plans, and may participate in the South Carolina Deferred Compensation Program, offering 401(k) and 457 plan options.

Workplace Benefits
State employees may also qualify for additional benefits, including tuition assistance, paid leave, and discounts on various services and products.

Note: The benefits listed above are generally available to most state employees, with exceptions for temporary positions. Employees in temporary grant and time-limited roles may have varying eligibility for these benefits.