Supervisor, GAAP Section

Financial Accountant II

Under the general direction of a Financial Accountant Ill 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.

Duties Performed:

• Supervise and assist financial accounting staff involved in preparation of the ACFR and BLBAR and other financial reports prepared in accordance with Governmental Accounting Standards and GAAP.
• Supervise the recording and analysis of unique and complex calculations and transactions for the State's investments; capital assets; deferred inflows and outflows of resources; long-term liabilities, including net pension liability and other postemployment benefit obligations; and financial position for financial reporting purposes.
• Supervise and assist staff in resolving complex problems with financial statements and GAAP-basis transactions submitted by state agencies.
• Supervise preparation and analysis of financial information for government-wide and fund financial statements, and other financial reporting elements including: notes to the financial statements, management discussion and analysis, tables, and charts.
• Supervise the preparation, review, submission, and receipt of annual GAAP basis transactions and financial reports requested from state agencies, component units, and other entities.
• Communicate effectively with management, other SCO staff, and personnel at the CA State Auditor's Office, the Department of Finance, and other state agencies in order to properly report financial information and to resolve financial accounting and reporting problems related to the application of GAAP and other requirements.
• Work with programming, data systems, and project staff to develop and maintain a variety of automated and complex financial accounting and reporting systems and tools used to record and analyze financial accounting transactions and to generate, analyze, and publish financial reports.
• Participate as a subject matter expert in the Fl$Cal Project's development and implementation of a statewide financial accounting system. Assist with interpreting financial reporting processes, documents, and reports for project staff and consultants.
• Supervise staff monitoring the flow of financial reporting deliverables from state Fl$Cal agencies to SCO to support SGR's financial reporting publications.
• Provide training and guidance to state accounting personnel. Work with state agencies and their external auditors to properly document information provided in various financial statements.
• Notify state agencies about various problems with their financial reports and provide direction in correcting them.
• Lead special projects or prepare ad hoc reports as required by management.
• Perform supervisory and administrative functions.

You will find additional information about the job in the Duty Statement.