Accounting Specialist

Accounting Specialist

This position serves as General Ledger and Interim Assessment Specialist. The position has the sole responsibility for monitoring and analyzing General Ledger balances on a monthly basis, providing Interim Assessments which mirror year‑end closing monitoring for LARA. LARA's annual appropriation is $408 million with over 75 funding sources, including Federal, Private, Local, and Restricted. Since the inception of MAIN, it is imperative that General Ledger balances are monitored on an ongoing basis so that the Budget and Accounting Directors and lead Managers have accurate totals for Budgetary Projections that are used by the Legislature, LARA Executive Office and the Office of Financial Management.

The position performs independent research and analysis assignments and recommends proper treatment of accruals, expenditures, and revenue disposition throughout the year. Year‑end closing activities of LARA's accounting records require performance of highly complex duties under very tight closing deadlines set by the Department of Management and Budget and Office of Financial Management. In‑depth, specialized knowledge of GAAP, specific transactions and how the MAIN financial tables are affected, the General Ledger in MAIN and the state's SOMCAFR is required.

Education:

Possession of a bachelor's degree with at least 24 semester (36 term) credits in accounting.

Experience:

Four years of professional experience performing or auditing the systematic classification and evaluation of accounting data and the preparation of related financial and managerial reports equivalent to an Accountant, Auditor, or Assistant Auditor General, including two years equivalent to an Accountant P11, Auditor P11, or Assistant Auditor General P11 or one year equivalent to an Accountant 12, Auditor 12, or Assistant Auditor General 12.

Alternate

Education and Experience:

Possession of a Certified Public Accountant certificate (CPA) may be substituted for one year of Accountant P11 experience. Possession of a Certified Management Accountant certification (CMA) may be substituted for six months of Accountant P11 experience.

If you require a reasonable accommodation to participate in the application or selection processes, please contact the ADA coordinator for the agency that posted this position vacancy.

Insurance Benefits:
The State of Michigan offers health, mental health, dental, and vision insurance to eligible career employees, their spouses, and their children. The state also covers a life‑insurance benefit of two times employees' annual salary (up to $200,000). The state also offers long‑term‑disability insurance that can provide continuing benefits if an injury or illness prevents employees from working.

Retirement Programs:
The State of Michigan offers 401(k) and 457 plans for new hires. The state will automatically contribute an amount equal to 4% of your pay to a 401(k) account. The state will also match up to 5% of your pay if you contribute to your 401(k) account. Your contributions vest immediately, and the state's contributions fully vest after just 4 years.

Vacation and Sick Leave:
Eligible full‑time employees receive between 15 and 35 personal days and 13 sick days per year that may be rolled over to the following year if not used. Eligible employees also receive an additional day each year for community service or school functions.

Paid Parental Leave:
Eligible employees can take 12 weeks of paid leave immediately after a birth or adoption.

Paid Holidays:
Eligible employees receive 13 or 14 paid holidays each year including New Year’s Eve and Day, Martin Luther King Jr. Day, Presidents’ Day, Memorial Day, Juneteenth, the Fourth of July, Labor Day, Election Day, Veterans Day, Thanksgiving, Thanksgiving Friday, Christmas Eve and Day.

Bonus Programs:
Eligible employees with five years of service also receive annual longevity bonuses that grow as seniority increases. Some positions may also qualify for recruitment, retention, and performance bonuses or other special pay premiums.

Military Pay Differential:
Employees in the guard or reserves may also qualify for…