Financial Accountant III

Under the general direction of the Bureau of Cash Management Chief, a Financial Accountant IV, as a Section Manager, the Financial Accountant III provides direction to supervisory and professional level financial accounting staff performing critically sensitive and complex accounting activities and various cash management processes.
Duties and Responsibilities:
( Candidates must perform the following functions with or without reasonable accommodations.)
Lead, plan, organize, direct, coordinate, instruct, and review the work of supervisory and professional financial accounting staff responsible for complex financial accounting, forecasting, allocations, cash management, reporting, and reconciling of the statewide financial activities. Such activities pertain to the State Treasury, Pooled Money Investment Account (PMIA), Surplus Money Investment Fund (SMIF), Local Agency Investment Fund (LAIF), General Fund, Cash Accountability accounts, Special Funds, and Bond Funds. Such activities include:

• Preparing various program financial accounting reports, statistical information, and financial data for use by Division management, the Executive Office, other state entities, or other interested parties.

• Analyzing and processing financial accounting transactions including cash transfers, remittances, payments, loans and allocations.

• Monitoring the daily accounting for the State's General Fund revenues, disbursements, and transfers. Direct the publication of the monthly General Fund Statement of Cash Receipts and Disbursement in accordance with Generally Accepted Accounting Principles (GAAP). Overseeing the development and performance of complex cash flow forecast models under various cash scenarios, analysis of financial trends, legislative changes, and economic conditions impacting the state's financial future.

• Overseeing development and performance of complex forecasting of fund cash balances, revenues, and disbursements. Directing the development of the various reports submitted to the Pooled Money Investment Board and Governor for approval.

• Evaluating, developing, and implementing cash management processes to determine the need for changes as required by changes to legislation, Constitution, federal directives, court decisions, or financial accounting system requirements.

• Reconciling Fiscal System financial records to ensure accuracy of statewide financial records which result in financial statements and accurate reporting of the State's financial position. Resolving outstanding reconciling items. Responding to audit requests.

• Overseeing the Discharge of Accountability program to approve State agency write off of uncollectible accounts receivables. Direct staff in the review of discharge requests to ensure collection efforts were exhausted.

Evaluate and/or assess staff performance and determine needed training. Identify problems to be resolved or goals to be accomplished. Identify and attempt to correct performance deficiencies in subordinate staff. Provide guidance and motivation to solve performance problems. As required, initiate disciplinary actions.
Meet with the Bureau Chief to assess workload issues for the purposes of creating performance measurements, annual work plans, and project management plans. Participate in the agency's development and implementation of a new financial accounting system (FI$Cal).
Ensure the Section adheres to the overall mission, vision, goals, and objectives of the Division, Bureau and Department. Provide direction and oversight regarding the understanding and implementation of legislation, policies, regulations, and procedures. Conduct ongoing risk assessments, monitor and verify adequacy of internal controls in compliance with the State Leadership Accountability Act.
You will find additional information about the job in the Duty Statement .
Working Conditions
Free Parking
The option for Hybrid telework is available upon completion of training period.
Minimum Requirements You will find the Minimum Requirements in the Class Specification.

• FINANCIAL ACCOUNTANT III

Additional Documents

• Job Application Package Checklist
• Duty Statement

Position Details Job Code #:
JC-439283
Position #(s):
051-420-4193-004
Working Title:
Financial Accountant III
Classification:
FINANCIAL ACCOUNTANT III $10,220.00 - $11,605.00
# of Positions:
2
Work Location:
Sacramento County
Telework:
Hybrid
Job Type:
Permanent, Full Time
Facility:
State Accounting and Reporting Division
Department Information 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.
Take the next step in your career with an organization that values innovation, integrity, and the well-being of its employees. Apply today and build a California where everyone thrives!
To learn more about the SCO, visit:
How did you hear about us? Take our survey here:
Special Requirements A copy of your degree, transcripts, or degree evaluation is required.
A Statement of Qualifications is required; please see 'Required Application Package Documents' for instructions.
Take the classification examination here:
Application Instructions
Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: Until Filled
Who May Apply
Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply.
Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).
How To Apply
Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:
Address for Mailing Application Packages
You may submit your application and any applicable or required documents to:
State Controller's Office
Attn: Human Resources - AM
300 Capitol Mall 3rd Floor, Ste 300
Sacramento , CA 95814
Address for Drop-Off Application Packages
You may drop off your application and any applicable or required documents at:
State Controller's Office
Human Resources - AM
300 Capitol Mall 3rd Floor, Ste 300
Sacramento , CA 95814
Applications must be received in HR, postmarked or submitted online by the final filing date.
08:00 AM - 05:00 PM
Required Application Package Documents
The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is optional. It may be included, but is not required.
• Degree and/or School Transcripts
• Statement of Qualifications -
  Special Instructions:
  Candidates must submit a Statement of Qualifications (SOQ). Your SOQ should be no longer than two pages, single-spaced and in Arial 12-point font, and address the following:
  
• Describe your technical knowledge and managerial experience related to performing cash management analysis and proposing cash management strategies.
• Describe your knowledge and experience managing complex projects, highlighting the challenges that arose and how you successfully addressed them.

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.
Desirable Qualifications In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:

• Knowledge of accounting principles and procedures

• Knowledge of the organization and functions of the State Controller's Office and California State Government

• Ability to interpret and apply laws, rules, standards, and procedures

• Ability to analyze data, draw sound conclusions, and make recommendations

• Ability to organize and establish workload priorities, work well under pressures, and exercise initiative and flexibility

• Organized in managing work and meeting deadlines with the ability to manage multiple priorities requiring quick turnaround times

• Excellent communication skills

Benefits Benefit information can be found on the CalHR website and the CalPERS website.
Contact Information
The Hiring Unit Contact is available to answer questions regarding the position or application process.
Hiring Unit Contact:
Lucy Xiong
(916) 323-6455
Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
EEO Contact:
SCO EEO OFFICE
(916) 324-2223
California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.
Equal Opportunity Employer
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.
It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.