Accountant III, Assets

This position is only open to Colorado state residents.

New employees to the State will be paid biweekly. There are 26 biweekly pay periods in a year.

CDOT employees make a difference by providing freedom, connection, and experience to the traveling public, while also keeping them safe. The State of Colorado offers competitive medical, dental and vision insurance, life and disability insurance, and flexible spending and health savings accounts. Visit the State of Colorado benefits for details, current premium rates and a summary video about benefits. The state also offers PERA retirement, great optional PERA plans such as 401K, a generous paid time off package of annual, sick, holiday and other leave, strong career growth, tuition reimbursement and professional development.

Perks include Colorado Employee Assistance Program (CSEAP) counseling, wellness, credit union membership and employee discount program. Visit CDOT Benefits for details. Some positions may qualify for Public Service Loan Forgiveness.

CDOT’s strength is our people, and our commitment to our people is to shape, support, and sustain the employee experience, and ultimately, create a supportive workplace where everyone, regardless of gender, race, ethnicity, religion, national origin, age, sexual orientation, gender identity, citizenship status, education, disability, socio-economic status, or any other identity, has the opportunity to thrive.

The eligible list created from this announcement may be used to fill current and future vacancies for a period of up to 6 months.

The Accountant III works in the Colorado Department of Transportation’s (CDOT’s) Division of Accounting and Finance’s (DAF’s) Center for Accounting.

The Center for Accounting (CFA) performs and/or oversees all accounting functions for CDOT and its Enterprises related to contract execution, accounts payable, accounts receivable, general ledger, treasury/cash/debt management, payroll and timesheet processing, fixed assets, construction and grant project accounting, federal aid billing, rate allocation programs, and the annual financial audit of the department. The Center ensures that all financial related transactions for CDOT are recorded in compliance with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), and all State and Federal rules and regulations.

Additionally, the Center provides accounting and financial assistance to employees, various individuals, and organizations.

The Fixed Assets Accountant will serve as a subject matter expert/staff authority on Fixed Assets overseeing the Assets Under Construction (AUC), Road Abandonment and Lane Mile, Fixed Asset Reconciliation, and implementing Fixed Asset fiscal and GASB rules in the SAP financial system. This position additionally focuses on Inventory Oversight, Reconciliations and Internal Control and provides back-up support to the other Fixed Assets Accountant III.

This position completes the annual physical inventory of fixed assets and ensures that the Center for Accounting Internal Control is robust by reviewing monthly/daily diligent reports, preparing monthly and year-end reconciliations for fixed assets additions/deletions, performing monthly project settlements, and ensuring that CDOT meets all the internal controls compliance requirements.

Your duties and responsibilities will include, but are not limited to, the following:

• Oversee the Assets Under Construction, Road Abandonment and Lane Mile, Fixed Asset Reconciliation, and implement Fixed Asset fiscal and GASB rules in the SAP financial system.
• Assess and capitalize items posted to Assets Under…