Financial Accountant Ii

Working Title:

Supervisor, Budgetary/Legal Basis Reporting Section

FINANCIAL ACCOUNTANT II

Job Code #: JC-528555

Position #(s):

-001

$8,658.00 - $10,758.00

New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.

# of Positions: 1

Work Location:

Sacramento County

Telework:
Hybrid

Job Type: Permanent, Full Time

Facility:
State Accounting and Reporting Division

The Office of the State Controller (SCO) is the destination employer within the State of California. As California’s chief fiscal officer, the Controller’s Office ensures accountability and transparency of California’s financial practices while promoting fairness and opportunity for all. Here, you’ll work in a collaborative and supportive environment with diverse opportunities for professional growth and development. A career with the SCO offers meaningful work that directly impacts the state’s future.

The State Accounting and Reporting Division (SARD) of the California State Controller’s Office plays a crucial role in ensuring the transparency, accuracy, and efficiency of the state’s financial operations. As the backbone of California’s financial reporting, SARD is responsible for preparing and publishing essential financial statements, overseeing the state’s budgetary control, and providing vital fiscal information to policy decision-makers and the public.

Working in this division means contributing to the financial stability and integrity of the fifth-largest economy in the world with opportunities to engage in meaningful work, learn from seasoned experts, and grow your career in public finance.

Under the general direction of a Financial Accountant III or IV, the Financial Accountant II will act as a supervisor over staff performing technical and professional financial accounting activities, assist in planning, organizing, and directing the work activities of the staff responsible for the preparation of the Budgetary/Legal Basis Annual Report (BLBAR) and the State’s Annual Comprehensive Financial Report (ACFR) in accordance with generally accepted accounting principles (GAAP) and various other statewide financial reports published by the State Controller's Office.

The Financial Accountant II will utilize, including but not limited to the knowledge of governmental financial accounting, auditing, and financial reporting rules and regulations, generally accepted accounting principles, procedures prescribed by the State Controller and the Department of Finance, and supervisory policy, procedures, and responsibilities.

• Manage, plan, and direct the work of professional financial accounting staff that prepare complex financial accounting transactions and compile, analyze, and prepare statewide financial statements and note disclosures in compliance with the budget or other legal requirements and, on a limited basis, statements in compliance with GAAP.
• Prepare the BLBAR and, to a limited degree, the ACFR and other statewide financial reports that includes the compilation of 2,000+ annual financial reports received from state commissions, boards, universities, agencies and departments, and the analysis, review, and preparation of complex statewide calculations, transactions, and schedules.
• Assist and manage financial accounting staff with all activities required to produce the BLBAR and other financial reports, including but not limited to the General Fund preliminary Statements used by the Department of Finance; financial information included in Appendix A of the State Treasurer's Official Bond Offering Statements;
  Budgetary Comparison Schedules, Supplement, and Statistical Schedules for the ACFR; and Accounts Receivable reports.
• Communicate annual financial reporting requirements to state agencies, component units, and other entities. Communicate with management, other SCO staff, and personnel at the CA State Auditors’ Office, the Department of Finance, and other state agencies to properly report financial information and to resolve financial accounting and reporting problems related to the application of GAAP…