Capital Asset Accountant; FA, In-Training

About WSDOT

Washington State Department of Transportation (WSDOT) is a multimodal organization with a global reputation for excellence! Our dedicated workforce is responsible for planning, designing, building, and operating an integrated transportation system that safely and efficiently moves people and goods throughout the state. In addition to maintaining over 18,000 lane miles of state highway and 4,100 bridges, WSDOT manages the world's longest floating bridge, executes an award‑winning Active Transportation Plan, holds a record for the world's widest tunneling project, and operates the largest ferry system in the nation!

WSDOT is seeking a Fiscal Analyst 5 – Capital Asset Accountant to join the Accounting and Reporting Team in Olympia, WA. Reporting to the Accounting & Reporting Assistant Manager, this position serves as the agency’s primary accounting lead and financial consultant for capital assets. This role is responsible for agency-wide financial reporting, ensuring the integrity of capital asset accounting, and providing expert‑level financial consulting services across WSDOT.

The position partners with WSDOT’s regions, divisions, programs, other state agencies, and other nonstate entities to resolve complex accounting issues and support both short‑and long‑term organizational goals.

The Fiscal Analyst 5 supports the development and implementation of statewide capital asset accounting policy by interpreting and applying GASB standards, federal and state laws, and OFM policies. Using advanced financial analysis and professional judgment, this position ensures consistent, accurate application of financial policies across the agency.

Among the varied range of responsibilities held within this role, the Capital Asset Accountant will:

• Reconcile consumable inventory accounting and make adjusting entries in conjunction with oversight from the Procurement & Materials Management Office.
• Reconcile all capital asset systems to WSDOT’s financial accounting system monthly and make the adjusting entries quarterly.
• Assist with determining if an asset cost should be capitalized, the appropriate depreciation schedule, and make decisions on the best accounting treatment for that asset.
• Update data in support of financial statement reports, as needed, for stakeholders and business needs.
• Act as the capital asset Subject Matter Expert in annual audits as required and performed by the State Auditor’s Office.
• Provide general procedural directions to AFS staff who may assist in producing the position’s work product.
• Perform monthly reconciliations of assigned funds and general ledgers to ensure data is accurately interfaced from TRAINS (WSDOT core financial system) to AFRS (the state’s core financial system).
• Utilize a variety of TRAINS and AFRS reports in order to verify and reconcile the accounting data between the WSDOT accounting system and the statewide accounting system to identify any discrepancies and make necessary corrections.
• Analyze general ledger data at the subprogram, appropriation, object and/or major group/source level within and between TRAINS and AFRS to ensure timely and accurate reporting of financial data.
• Perform detailed analysis of TRAINS and AFRS reports.

To be considered for this opportunity, the following are required:

• Advanced Accounting & Financial Analysis
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  Demonstrated ability to manage and analyze capital asset, general fund, and general ledger accounting in compliance with GAAP, GASB, federal and state regulations, and WSDOT policies.
• Financial Reconciliation & Data Integrity
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  Proven ability to perform accurate, timely fund and general ledger reconciliations; analyze and reconcile data across multiple financial systems; and ensure the integrity of financial records.
• Complex Transactions & Problem Solving
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  Thorough understanding of general ledger relationships (assets, liabilities, fund balance/equity, revenues, and expenditures) with the ability to evaluate complex transactions, resolve accounting issues, and provide consultative guidance.
• Regulatory Interpretation & Policy Guidance
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  Ability to research, interpret, and apply SAAM, GASB, and…