Accountant 5 (Pcn 04-5007)

Job Description

The Department of Revenue, Treasury Division is recruiting for a full-time permanent Accountant 5 in Juneau.

Please note: Salary has been updated to reflect most recent salary schedule change effective July 1, 2024.

The Treasury Division is the bank and trust department for the State of Alaska. It provides cash management, portfolio management, debt management and accounting services for the various retirement funds, the State's General Fund, the Constitutional Budget Reserve Fund and numerous other funds and trusts. This position is assigned to the division's asset accounting section.

Duties of this Position may include but are not limited to:

• Oversee accounting for state investments

• Supervise up to five accountants

• Review monthly and quarterly reconciliations

• Calculate and track the State and ARMB's management fees, performance fees, and unfunded capital commitment amounts

• Compliance over pricing provided by the custodial bank

• Assistance with the yearly independent audit of the Treasury Division

• Interpretation and application of policies, procedures, contracts, regulations, and statutes

• Other duties and projects as assigned

Our successful candidate will possess some or all of the following knowledge, skills and abilities:

Please document your level of skill and/or experience with each item on this list in your application package and/or cover letter. Applicants are not required to have experience in every area. If you do not have experience with a trait, simply say so.

• Thorough knowledge of accounting theories, concepts, principles, and methods

• Skill in preparing accurate, complete, and concise financial reports, budgets, and statements

• Skill in analyzing and implementing improvements to manual and/or automated financial systems

• Ability to instruct, supervise, and evaluate employees

• Ability to communicate effectively with others, verbally and in writing

• Ability to analyze and solve problems both independently and collaboratively

• Ability to apply advanced technology, operate new and old systems concurrently, and conduct examinations requiring an integrated analysis of intricate and complex accounting systems, business activities, and financing

• Excellent time management and organizational skills, reliability, accuracy, attention to detail, and the ability to work under pressure with limited direction is preferred

• Ability to identify discrepancies or inaccuracies in financial data and make corrections

• Skill in creating and maintaining Excel spreadsheets; and

• Ability to interpret, apply, and explain policies, procedures, regulations, and statutes.

NOTE TO APPLICANTS:

A bachelor's degree in accounting, finance or related business degree is highly desired.

Minimum Qualifications

Any combination of education and/or experience that provides the applicant with competencies in

• Accountability: Holds self and others accountable for measurable high-quality, timely, and cost-effective results. Determines objectives, sets priorities, and delegates work. Accepts responsibility for own actions and decisions. Complies with established control systems and rules.

• Decision Making: Makes sound, well-informed, and objective decisions; perceives the impact and implications of decisions; commits to action, even in uncertain situations, to accomplish organizational goals; causes change.

• Financial Analysis: Knowledge of the principles, methods, and techniques of financial analysis, forecasting, and modeling to interpret quantitative and qualitative data; includes data modeling, earned value management, and evaluating key financial indicators, trends, and historical data.

• Financial Systems: Knowledge of the standards, architecture, and specifications of automated financial systems, including source documents, system flows, system interfaces, and related internal controls.

• Principles of Accounting: Knowledge of generally accepted accounting principles, standards, and practices (for example, double entry accounting, accrual accounting), including the full accounting cycle and the preparation of work sheets, financial statements, ledgers, and journals.

• Technical Credibility: Understands and appropriately applies principles, procedures, requirements, regulations, and policies related to specialized expertise.

Equivalent to those typically gained by:

Any combination of preparatory post-secondary education and/or progressively responsible professional level experience in accounting, budgeting, or financial management.

Special Note:

"Competencies" means a combination of interrelated knowledge, skills, abilities, and behaviors that enable a person to act effectively in a job or situation.

"Typically gained by" means the prevalent, usual method of gaining the competencies expected for entry into the job.

"Training" and "education" in this guidance are synonyms for the process of acquiring knowledge and skills through instruction. It includes instruction through formal and informal methods (such as classroom, on-line, self-study, and on-the-job), from accredited and unaccredited sources, and long-duration (such as a post-secondary degree) and short-duration (such as a seminar) programs.

"Professional experience" means work that is creative, analytical, evaluative, and interpretive; requires a range and depth of specialized knowledge of the profession's principles, concepts, theories, and practices; and is performed with the power or right to decide or act according to one's own judgment.

"Progressively responsible" means indicating growth and/or advancement in complexity, difficulty, or level of responsibility.

Additional Required Information

PLEASE READ THE FOLLOWING INSTRUCTIONS & INFORMATION CAREFULLY

COVER LETTER

In addition to answering the supplemental questions below, applicants are ALSO required to attach a cover letter to be considered for this position. Applicants who do not attach the required cover letter will not advance to the interview phase of this recruitment. The cover letter may be used as a writing sample. Applicants are advised to pay attention to spelling, punctuation, and grammar.

Your cover letter must provide the following information:

• The cover letter must describe your knowledge, skills, and abilities as they pertain to the bulleted points in the job description above.

• The cover letter must describe how you meet the minimum qualifications for this position. Give specific examples of your education and experience for each bullet point.

• The cover letter must be in standard business format.

Please attach the cover letter to your application before submitting it online or, if unable to attach to your application, email it to the contact provided in the job posting (if email is not an option, please call the contact person to obtain a fax number). Your cover letter will be used to help determine which applicants will advance to the interview phase of the recruitment and selection process.

REQUIRED DOCUMENTS

Documents to be attached to the application:

At the time of application, applicant must attach the following items. (If unable to attach, please fax or email the items to the contact listed below prior to the closing date of this recruitment):

• A copy of academic transcripts, to verify education used to meet the minimum qualifications for the job class. Unofficial transcripts are accepted. Please ensure that the institution name is listed on the transcripts.

• Cover letter using standard business format as required.

Documents needed at the time of interview:

If you are selected to advance to the interview phase of the recruitment process, you must provide the following at the time of the interview (if not already attached to your application):

• Copies of your most recent three evaluations; and

• Three professional references.

APPLICATION NOTICE

You can ONLY apply for this position through the Workplace Alaska website or via a hardcopy application. If you accessed this recruitment bulletin through a job search portal such as ALEXsys or any other database, you MUST use a Workplace Alaska online or hardcopy application to successfully apply. Instructions on how to apply with Workplace Alaska may be found on the workplace Alaska "How to Apply" webpage, found here: http://doa.alaska.gov/dop/workplace/howtoapply/

EDUCATION

If post-secondary education is required to meet the minimum qualifications, you must fill in the Education section of the application. If you have not obtained a degree, please indicate the number of units completed. Copies of transcripts are required to verify educational credentials if used to meet the minimum qualifications for a position. Transcripts MUST be attached at the time of application or your application may be considered incomplete. If unable to attach to your application, email it to the contact provided in the job posting (if email is not an option, please call the contact person to obtain a fax number).

SPECIAL INSTRUCTIONS FOR FOREIGN EDUCATION

Education completed in foreign colleges or universities may be used to meet the above requirement, if applicable. If utilizing this education you must show that the education credentials have been submitted to a private organization that specializes in interpretation of foreign educational credentials and that such education has been deemed to be at least equivalent to that gained in conventional U.S. education programs; or an accredited U.S. state university reports the other institution as one whose transcript is given full value, or full value is given in subject areas applicable to the curricula at the state university. It is your responsibility to provide such evidence when applying.

WORK EXPERIENCE

If using work experience not already documented in your application, also provide the employer's name, your job title, dates of employment, and whether full or part-time. Applications will be reviewed to determine if the responses are supported, and minimum qualifications are clearly met. If they are not, the applicant may not advance to the interview and selection phase of the recruitment.

BARGAINING UNIT

If you are a current state employee, please mark the union you are a member of at the time of application. If you are not a current state employee, you must mark that it does not apply to you.

MULTIPLE VACANCIES

This recruitment may be used for more than one (1) vacancy. The applicant pool acquired during this recruitment may be used for future vacancies for up to ninety (90) days after this recruitment closes. Interested applicants are encouraged to apply to each recruitment notice to ensure consideration for all vacancies.

NOTICE

Questions regarding the application process can be directed to the Workplace Alaska hotline at 800-587-0430 (toll free) or (907) 465-4095. If you choose to be contacted by email, please ensure your email address is correct on your application and that the spam filter will permit email from the 'governmentjobs.com' domains. For information on allowing emails from the 'governmentjobs.com' domains, visit the Lost Password Help page located at https://www.governmentjobs.com/js_lostpswd.cfm?&topheader=alaska.

EEO STATEMENT

The State of Alaska complies with Title I of the Americans with Disabilities Act (ADA). Individuals with disabilities, who require accommodation, auxiliary aides or services, or alternative communication formats, please call 1-800-587-0430 or (907) 465-4095 in Juneau or TTY: Alaska Relay 711 or 1-800-770-8973 or correspond with the Division of Personnel and Labor Relations at P.O. Box 110201, Juneau, AK 99811-0201. The State of Alaska is an equal opportunity employer.

Contact Information

WORKPLACE ALASKA APPLICATION QUESTIONS & ASSISTANCE

Questions regarding application submission or system operation errors should be directed to the Workplace Alaska hotline at 1-800-587-0430 (toll free) or (907) 465-4095 if you are located in the Juneau area. Requests for information may also be emailed to recruirment.services@alaska.gov

For applicant password assistance please visit: https://www.governmentjobs.com/OnlineApplication/User/ResetPassword

Contact Information

For specific information in reference to the position please contact the hiring manager:

Pamela Leary

Director of Treasury

pam.leary@alaska.gov

(907) 465.3751

Careers with the State of Alaska offer MANY benefits

The following information describes typical benefits available to employees of the State of Alaska. Actual benefits received may differ by bargaining unit or branch of government, position type, or be prorated for other than full time work.

For a quick breakdown of the insurance, health, and retirement benefits available for State Employees you can view an orientation video from Division of Retirement and Benefits. (Please note this video is specifically designed for new State Employees.)

Insurance Benefits

• Health insurance, which includes employer contributions toward medical/vision/dental

• The following employee groups are under AlaskaCare Benefits administered by the State: See https://drb.alaska.gov/help/plans.html for additional information.

• AVTEC

• Confidential

• Correctional Officers

• Marine Engineers

• Mt. Edgecumbe Teachers

• Supervisory

• Unlicensed Vessel Personnel/Inland Boatman's Union

• Exempt employees (not covered by collective bargaining)

The following employee groups are covered by Union health trusts. Contact the appropriate Union for additional information.

• General Government

• Labor, Trades and Crafts

• Public Safety Employees Association

• Masters, Mates & Pilots

Employer paid Basic Life insurance with additional coverage available (amount depends on Bargaining Unit)

Optional Insurance Benefits

• Group-based insurance premiums for

• Term life (employee, spouse or qualified same sex partner, and dependents)

• Long-term and short-term disability

• Accidental Death and Dismemberment

• Long-term care (self and eligible family members)

• Supplemental Survivor Benefits

Employee-funded flexible spending accounts for tax savings on eligible health care or dependent care expenses

Retirement Benefits

• Membership in the Public Employees Retirement System (PERS)/Teachers' Retirement System (TRS)

• Matching employer contribution into a defined contribution program (new employees)

• Employer contribution into a defined benefit or defined contribution program (current employees)

• Contributions to the Alaska Supplemental Annuity Plan in lieu of contributions to Social Security

• Option to enroll in the Alaska Deferred Compensation Program

• Note: The Defined Contribution Plan, Supplemental Annuity Plan and Deferred Compensation Program offer a variety of investment options

See https://drb.alaska.gov/retiree/ for additional information

Paid Leave & Other Benefits

• Personal leave with an accrual rate increase based on time served

• Twelve (12) paid holidays a year

01

Do you have a bachelor's degree? If so, what was your concentration/major?

02

Briefly describe a time in which you had to use critical thinking skills to solve a work-related problem.

03

Identify 3 advanced Excel formulas that you believe are the most useful to an accountant. For each formula, explain why.

04

Which is more important - how a process is completed or why a process is completed? Explain your answer in detail.

05

Explain a time you identified an error you made, how you figured out you made the error, and what you did to correct it?

06

Please describe your experience researching, developing and implementing accounting issues and documenting outcomes.

07

Please describe your experience supervising and evaluating employees.

Required Question

Agency State of Alaska

Address PO Box 110201

Juneau, Alaska, 99811

Phone (800) 587-0430 (Statewide toll-free number)

(907) 465-4095 (Juneau and out-of-state callers)

Website http://workplace.alaska.gov/