Accounting Supervisor (Accountant III) - Denver

Accountant III

The Accountant III works in the Colorado Department of Transportation's (CDOT's) Center for Accounting within the Division of Accounting and Finance (DAF). The Center of Accounting ensures all financial related transactions for CDOT are recorded in compliance with generally accepted accounting principles (GAAP), Generally Accepted Auditing Standards (GAAS) and Generally Accepted Government Auditing Standards (GAGAS).

The Accountant III serves as an Accounting Unit Supervisor. This position oversees Fixed Assets, Inventory, Reconciliations, interagency transactions, Cash Receipts and Accounts Receivables, Certificates of Participation (COPS), Notes Payable, Bonds, and Project Settlements. The Accountant supports the General Ledger (GL) unit in analyzing, investigating and reconciling high level GL transactions between SAP and CORE. The position monitors the interagency transactions ensuring that all are processed timely and accurately in SAP and CORE and provides backup to the GL supervisor for reviewing/approving all SAP and CORE.

In addition, this position completes the annual physical inventory of fixed assets and ensures the monthly and yearly trial balance reconciliations are complete, ensures daily transactions reconciliations are complete between SAP and CORE, prepares monthly and year-end reconciliations for fixed assets additions/deletions, performs monthly project settlements, ensures all debt related transactions are processed timely and accurately, and ensures CDOT meets all Electronic Municipal Market Access (EMMA) compliances.

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

Leadership/Supervision

• Serves as Unit Supervisor over three accounting staff.
• Administers the performance program, providing corrective actions and performance improvement plans when necessary.
• Monitors work for quality control and efficiency.
• Coaches, mentors and trains employees.
• Addresses personnel issues and mediates conflicts.
• Works with supervisor and/or other mentors to improve supervisory/leadership knowledge and skill.
• Implements policies and procedures in a fair and consistent way.

Oversight of Reconciliations for SAP/COR

• Ensures the daily transactional reconciliation between SAP and CORE is completed and available for staff to review ensuring all transactions are recorded in both CORE and SAP.
• Investigates, analyzes, reconciles, and corrects high level general ledger balance sheet and income statement transactions and variances between SAP and CORE as designated.
• Ensures all additional reconciliations completed by staff are accurate, complete and in compliance with GAAP and state and federal rules.
• Implements a new accounting process or reconciliation when needed to ensure integrity and accuracy of accounting data.
• Works with the Deputy Controller to ensure all abnormal balances and variances as designated are corrected for quarterly and year-end close per State Controller's Office Fiscal Procedures Manual, fiscal rules and GAAP.

Oversight of Interdepartmental transfers/transactions

• Provides guidance to Accountant II on CORE event types, posting codes, investigating, analyzing and processing of Inter-Agency Transaction Initiator (ITI), Inter-Agency Acceptance (ITA) transactions in CORE ensuring they are processed timely and accurately both in CORE and SAP.
• When variances occur, investigates, corrects and/or establishes a new accounting process to ensure accuracy and integrity of financial data.
• Ensures the GL coding is correct for payable/receivable transactions completing adjusting entries as needed.

Debt Activities and CDOT SEC Compliance

• Ensures all debt related activities are being performed monthly ensuring CDOT has established the reserve to make the semiannual payments for all bonds, COPS and notes.
• Ensures all SAP Treasury module transactions are accurate and performed.
• Performs all year end-related transactions needed per State Fiscal Procedures Manual.
• Yearly ensures CDOT is meeting all of the continued disclosure requirements as needed for each debt issuance.

Other duties as assigned.

Work Environment

• Your schedule will primarily be 8:00 am – 5:00 pm work hours, Monday-Friday, but we are flexible to meet your work/life balance needs while ensuring CDOT business needs are met.
• You will likely work a hybrid schedule with a combination of in-office and remote work.