Staff Accountant

Location: Augusta,Maine,United States

Department of Administrative and Financial Services (DAFS)

Opening Date: July 2, 2024

Closing Date: July 17, 2024

Job Class Code: 0329
Grade:  20 (P&T)
Salary:  $20.68 - $28.88 per hour

Position Number: 02023-2724

Are you an experienced accounting professional who is detail oriented and enjoys independent work in a dynamic, fast-paced environment? Do you possess a high     
degree of initiative?  Then we are looking for you!

This is a full-time position located in Augusta and may allow for partial telework with management approval.

As a Staff Accountant you will:

•    Provide accounting, cash management, revenue/expenditure monitoring/reporting, and analysis resulting in accurate grant management.
•    Reconciles complex accounts, prepares financial information, formulates corrections and makes adjusting entries.  Formulates and recommends system and process changes through evaluation, analysis, and application of accounting theory. 
•    Prepares required financial accounting information in order to properly account for and close out accounts and activities.
•    Interprets and applies accounting theory and principles and adapts procedures and reporting techniques in order to ensure compliance with governing laws, rules, regulations, policies, and procedures.
•    Works across and with teams to support the work goals and the mission.

Minimum Qualifications:

Six (6) years of practical work experience** providing complex technical support to professional accounting staff, or.

An associate’s degree from an accredited educational institution in accounting and 3 years of practical work experience** providing complex technical support to professional accounting staff, or. 

Any bachelor’s degree from an accredited educational institution that includes at least 18 semester hours in accounting coursework*, or.

A bachelor’s degree from an accredited educational institution in accounting.

Accounting coursework must include successful completion of Principles of Accounting I & II, Intermediate Accounting I & II, plus two other accounting-related courses.  

Experience must demonstrate comprehension and application of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) guidelines and must demonstrate the ability to (1) classify and  analyze financial data and records for the purpose of business financial planning; (2) design, recommend, and implement modifications of accounting methods, procedures, forms, and records; (3) prepare financial statements and reports such as balance sheets and other operating statements; and (4) analyze accounts and accounting relationships that result in complex accounting entries.

The backgrounds of well-qualified candidates will demonstrate the following competencies:
•    Thorough knowledge and experience of complex accounting principles.
•    Prior experience and/ or education which demonstrates knowledge of GAAP/ GASB, analyzing accounting data and accounting reconciliations.
•    A proven ability to complete accounting transactions and account reconciliations.

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Agency information: 

The DHHS Financial Service Center MaineCare Accounting Team’s primary scope of work includes all components of accounting and federal reporting for the MaineCare/Medicaid programs. It also includes many budgetary, monitoring and reconciling fiscal activities. This position will support all areas of this team through specific assigned tasks.  
The DHHS Financial Service Center is responsible for program accounting, cash management and revenue/expenditure controls for the Department of Health and Human Services (DHHS).  The Service Center provides budgetary and fiscal analysis for many complex areas within DHHS, including TANF (i.e. Temporary Assistance for Needy Families) and MaineCare (Maine’s Medicaid Program). The Service Center works collaboratively with senior leadership at State agencies, providing consultative financial and accounting services. Areas of fiscal expertise include compliance with State and Federal laws and regulations, statewide budgetary policy, budget development and monitoring, application of generally accepted accounting and financial practices