Accountant, Financial Reporting, Accounting Manager

Position: Accountant 2
Iowa Workforce Development is seeking applicants for the position of Accountant 2 at our 1000 E Grand Ave., Des Moines, IA office.

The Accountant 2 responsibility consists of journal entry, reconciliation, and preparation of internal and external reporting related to Unemployment Insurance (UI) activity and for sub-recipient monitoring of Local Workforce Development Areas (LWDA's) for the WIOA Title I programs.

The ideal candidate will be able to think critically, develop an understanding of various federal programs, have a basic understanding of generally accepted auditing standards, manage multiple priorities, adhere to deadlines, and have excellent communication skills.

Your primary responsibilities in this role include:

Unemployment Insurance Accounting and Reporting:

* Perform journey level professional accounting work for unemployment insurance programs administered by Iowa Workforce Development.

* Prepare monthly, quarterly, and annual state and federal reports detailing the activities in the accounts and funds.

* Analyze the activities and performance for compliance with federal and state standards.

* Submit recommendations for problem resolution.

* Make corrections and adjustments to accounts as needed as a result of federal and state audits. Reconcile all accounts used in the fund with the State Department of Revenue, State Treasurer's Office, U.S. Treasury, and the employer's balance account.

* Reconcile unemployment insurance and trade funds 0054, 0497, and 0691.

Unemployment Insurance Daily Activity:

* Prepare and reconcile daily reports detailing the activity of the Trust Fund, Clearing Account, UI Benefit account, and e-payment system.

Sub-Recipient Monitoring

* Responsible for fiscal monitoring of local workforce development areas (LWDA's) under the WIOA programs as required by 2 CFR 200, and WIOA regulations. Each LWDA's fiscal agent is monitored semi-annually.

* Fiscal monitoring includes:

* Meeting with fiscal agent staff.

* Reviewing financial records.

* Accounting policies.

* Accounting procedures.

* Reconciling accounting records to disbursement requests.

* Analyzing compliance with federal and state regulations and local policies.

* Completing a semiannual risk assessment for each LWDA's fiscal agent and Local Workforce Development Board.

* Maintain a log of external audits, audit responses, audits are submitted within deadlines specified in the Local Workforce Development Area Contract, and preparation of final determination letter.

* Collaborate with WIOA program staff on risk assessment results and areas of concern.  

* Assist WIOA program staff on drafting findings and areas of concerns to be addressed by Local Workforce Development Boards.

GAAP Package

* Responsible for assisting with the preparation of the UI Trust Fund, Account Receivable (unemployment activity) and Accounts Payable (unemployment activity) pages for the division's GAAP Package.

* Prepare, and generate supporting backup used to substantiate various account balances.

* Provide assistance to the Finance Bureau Chief on recording general ledger entries required for various ledger accounts that aren't captured in the State of Iowa accounting system.

Pre-Audit Level 4

* Make daily decisions by auditing financial transactions of accounting personnel. Including all aspects of the pre-audit function for the agency's expense claims.

* Knowledge of rules and regulations, with which those daily decisions are made, relevant to each type of document being pre-audited, is required.

* Ensure claims are checked for compliance according to Pre-Audit rules, State Accounting Policy requirements, and federal rules and regulations.

* Provide appropriate guidance and positive feedback to original submitter of claim, including clear description of why the claim was rejected and corrective actions needed to process.

Other duties as assigned.

Agency Overview

IWD continually strives to improve processes and align the organization to provide effective, demand-driven products and services.  IWD staff in Des Moines consists of administrative services, disability determination services, information technology, labor market information,…