Staff Accountant - Des Moines, United States - State of Iowa

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    Description
    Are you a detail-oriented number cruncher with a passion for financial management?

    The Iowa Finance Authority (IFA) is seeking a Staff Accountant to join our team.

    As a Staff Accountant, you'll play a crucial role in managing our financial systems, ensuring accuracy, and supporting our organization's fiscal health.

    Staff Accountant will audit and process payments to vendors, grant recipients and borrowers. They will safeguard assets, analyze operating results and report to management.


    General duties:

    IFA Accounting Modules Management:

    • Maintain an in-depth understanding of the AOD Accounting Modules.
    • Set up new investment accounts.
    • Download and process daily transaction files.
    • Keep the investment ledger accurate and complete.
    • Perform month-end close processes and reconcile monthly activity.
    • Collaborate with AOD to resolve any software-related issues.

    Desktop Deposits:

    • Maintain cash spreadsheets, reports, and statements for incoming checks.
    • Handle incoming checks for all programs.
    • Execute desktop deposit procedures and create reports for each deposit.
    • Process CR forms for deposits made in the State Treasurer's account.

    Accounts Payable Support:

    • Process vendor invoices and check requests through the AOD Accounts/Payable (A/P) system.
    • Collaborate with AOD to resolve A/P system software issues.
    • Establish and maintain the vendor master file.
    • Ensure vendor invoices and check requests have required approvals.
    • Verify proper accounting distributions for each invoice and check request.
    • Generate weekly cash requirement reports and obtain necessary approvals.
    • Print checks, obtain appropriate signatures, and mail them with remittance advices.
    • Process 1099 tax statements for IFA annually.
    • Manage the A/P e-file system.

    Ideal candidates:

    • Have experience in accounting for restricted funds
    • Have strong analytical skills and attention to detail
    • Have excellent communication and team work abilities
    • Exemplify our core values
    INNOVATIVE - We inspire people with our ideas, turn those ideas into reality and know how to replicate success.

    MISSION ORIENTED - We keep a constant focus on the Iowans our programs benefit.

    PURPOSEFUL - We nurture a culture of outstanding work, collaboration and diligence.

    ACCOUNTABLE - We accept responsibility, are trustworthy in our commitments, respectful to one another, and transparent in our actions.


    CUSTOMER SERVICE FOCUS - We are courteous, responsive and respectful and serve as a reliable resource for our clients and constituents.


    THOUGHT LEADERS - We are imaginative visionaries who find creative ways to reveal opportunities and leverage data to help drive decisions.


    The Staff Accountant position is a non-merit contract covered position that is classified by the State of Iowa as an Accountant 2.

    As an employee of the Iowa Finance Authority you are a State of Iowa employee and eligible for a comprehensive benefits package that includes the following and more:


    • Insurance - Health, Dental, Life and Long Term Disability
    • IPERS (Iowa Public Employee Retirement System)
    • Leave - Sick, Vacation, Family and Military Leave
    To learn more about benefits available to State of Iowa employees visit the benefits web page.

    Applicant must pass a comprehensive background check before an offer for employment will be extended.

    An EEO/AA Employer

    Our agency uses E-Verify to confirm the employment eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit

    This is a non-merit position with the Iowa Finance Authority.

    Positions in this class are exempt from the screening and referral requirements of the Iowa Department of Administrative Services - Human Resources Enterprises.

    Candidates must follow the instructions in the "To Apply" section.

    Graduation from an accredited four year college or university with a minimum of twelve semester hours (or its equivalent) in accounting, business administration or finance; course work and eighteen months of responsible experience in accounting, accounts examination or verification, budgeting or closely related fiscal experience with a governmental agency, public accounting firm, or private industry;

    OR

    substitution of work experience in the public or private sector which entailed accounting, auditing, budgeting, assessment or computation of taxes, or closely related financial functions (e.g., treasurer, comptroller, accountant, auditor, budget analyst, etc.) on a year-for-year basis for the required education (thirty semester or equivalent hours equal one year);

    OR

    substitution of successful completion of a post-high school vocational/technical, business college, or area community college curriculum in accounting which included concentrated course work equivalent to twenty semester hours (or more) in accounting for the required education;

    OR

    any combination of qualifying post high school level education and experience which totals five and one-half years;

    OR

    employees with current continuous experience in the state service that includes the equivalent of six months of full-time experience as an Accounting Technician 2 shall be considered as qualifying;

    OR

    substituting graduate level course work in accounting, business administration, or finance for each year of the required experience on the basis that satisfactory completion of 30 semester or equivalent hours of graduate level course work is equivalent to one year of experience;

    OR

    employees with current continuous experience in the state service that includes the equivalent of eighteen months of full-time experience as an Accounting Technician 1 shall be considered as qualifying;

    OR

    Certified Public Accountants may qualify with six months of the required experience;

    OR


    employees with current continuous experience in the state classified service that includes the equivalent of twelve months of full-time experience as an Accountant/Auditor 1, six months of full-time experience as an Accounting Technician 3, or twenty-four months of full-time experience as an Accounting Technician 2 shall be considered as qualifying.

    For additional information, please click on this link to view the job description.