L&I Workers' Compensation Accounting Manager

Our Mission: Keep Washington Safe and Working!

Our Values: Customer Focus, One L&I, Respect, Diversity, Equity and Inclusion, Learning and Growth, Reliability

EXTRA Salary Information:

The Target Pay Range typically considered for this position is $81,912 - $116,700 (Range of Consideration) annually. The Full Pay Range for this WMS Band is $66,936-$122,844 (Full band range) annually. Compensation decisions are determined using factors such as job-related skills, experience, and education or training. We will consider your individual qualifications, should we make you an offer of employment.

Job Highlights

The Worker's Compensation Accounting Manager position is located within the Department of Labor and Industries (L&I's) Financial Management Division and reports directly to the Chief Accounting Officer. The Financial Management Division's Financial Services Program is comprised of six specialized units that all contribute to maintaining the financial integrity of the agency.  Our work is directly tied to L&I's goals and the agency mission To Keep Washington Safe and Working.

L&I is a great agency with a commitment to a values-based culture and growth mindset.  We offer flexible schedules and promote a work-life balance.  In addition, we offer numerous opportunities to support, develop, and retain our diverse employee workforce.

In this role, you will lead, coach, mentor, and supervise the highest level of accounting staff.  You will use your attention to detail and technical skills to prepare annual financial reports using both Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (SAP) to ensure the agency is delivering the right information at the right time to the right people to be in compliance with applicable requirements.  You will interpret and implement policy and procedures required to sustain and report the fiscal integrity of the Workers' Compensation Program.

As the Workers' Compensation Accounting Manager you will be responsible for ensuring that agency executive management, actuaries, the Workers' Compensation Advisory Committee, independent actuarial reviewers, financial auditors, outside rating agencies, and the public have complete, accurate and credible Workers' Compensation Program financial and managerial accounting and financial reports, which include assets over $18 billion.  You will also ensure the integrity of information used for decision making regarding over $1.9 billion dollars in premiums annually.

Who you are:

You are an experienced manager, skilled in training, coaching and mentoring individuals and teams. You receive satisfaction from making a difference for customers and employees. You listen, empathize, and authentically connect with diverse teams and stakeholders to ensure quality outcomes, all while remaining curious and flexible.

Some of what you'll do:

• Ensure compliance with all accounting and reporting requirements.

• Interpret and implement policy, procedures, Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), Financial Accounting Standards Board (FAS, State Accounting and Statutory requirements required to sustain and report the fiscal integrity of the Workers' Compensation Program.

• Create and maintain an accounting system that ensures accuracy of all Workers' Compensation Program account balances.

• Model and improve business processes based on industry best practices.

• Responsible for the final product of the Workers' Compensation Program Annual Comprehensive Financial Report as well as the quarterly and annual Industrial Insurance Fund Statutory Financial Reports.

• Review and analyze financial data to ensure conformance with legal and accounting standards; make corrections as necessary.

• Present financial information to the Finance Committee and/or Workers; Compensation Advisory Committee.

• Lead accounting discussions on the workers' compensation fund financial information reports with the accountants from Financial Management, State Investment Board, OFM and financial auditors from the State Auditor's Office to help attain GAAP compliance.

• Understand all grant financial requirements and supervise the accounting for all federal grants to ensure the agency is in compliance with them.

Required:

A total of eight years of fiscal experience and/or education.

Equivalent work experience may substitute for education on a year-to-year basis.  The required experience may have been obtained concurrently with education and job experience.

OR 

• A Bachelor's degree in business administration, accounting, or a related field AND four (4) years of fiscal experience.

Also required:

• Practical knowledge of theory, principles and practice of governmental accounting, generally accepted accounting principles, governmental accounting principles and accounting data systems.

• Strong working knowledge of general ledger and accounting processes.

• Experience analyzing, reconciling and reviewing financial information at a macro and micro level and summarizing the results.

Desired:

• Bachelor's degree in accounting.

• Experience preparing financial statements.

For a complete list of the duties and responsibilities of the position, please request the full copy of the Position Description by emailing Angela Laramie at lari235@lni.wa.gov.

Things You Need To Know

State employees who meet the qualifications will become eligible for a generous retirement package at the end of the employee's career. Click on the "Benefits" tab to learn more.

At L&I, your voice matters. In addition, L&I is a diverse state agency dedicated to the safety and health and security of Washington's 3.3 million workers. Take a look at this brief video and learn more about why L&I is an employer of choice.

To help you maintain a proper work-life balance, teleworking is one of the work schedule options for this position.  L&I also offers flexible custom work schedules.  For this position, telework is permitted on occasion. The assigned duty station for this position is Tumwater, Washington.

For positions where in-office work is necessary, the frequency of telework will be discussed with the supervisor of the position at the time of offer.

To receive more information on opportunities at L&I sign up for GovDelivery and select L&I job alerts.

Application process

We will contact the top candidates directly to interview for this position. Because we base the selection on information provided by you, it is in your best interest to identify the knowledge, skills, and abilities that address the required and desirable qualifications described in the announcement.

Please include the following documents with your application:

• A cover letter describing specific qualifications.
• A current resume detailing applicable experience and education.
• A list of at least three professional references with current telephone numbers.

Please do not attach or place any medical information (vaccination status included) within the application, resume, or cover letter. If you do, we will have to reject your application to safeguard others from receiving your confidential information. You will have to remove the confidential information before you can apply again.

Background Check Notice

Prior to a placement in this position, a background check, including criminal history record will be conducted. Information from your background check will not necessarily preclude employment but will be considered in determining your eligibility to perform the requirements of the position.

Other information

• For positions requiring travel, you must have a valid unrestricted driver's license and have insurance if driving a privately owned vehicle on state business.

• Candidates who are offered a job with L&I must possess work authorization that does not require sponsorship by the employer for a visa now or in the future.

• The Department of Labor & Industries complies with the employment eligibility verification requirements of the federal employment eligibility verification form, I-9. The selected candidate must be able to provide proof of identity and eligibility to work in the United States consistent with the requirements of that form on the first day of employment.

• Please note: L&I may use this announcement to fill multiple permanent and/or non-permanent positions.

Did You Know?

Washington is America's Top State to live, play, and work, according to U.S. News (2021). Join the L&I team and enjoy all the Evergreen State has to offer.

In addition to offering a positive balance between life and work, L&I provides one of the most competitive benefits packages in the nation. We also believe your voice matters. We value our employees and their work-life balance by encouraging flexible schedules. L&I is a diverse state agency dedicated to the safety and health and security of Washington's 3 million workers.

Veterans Preference

Applicants wishing to claim Veterans Preference should attach to their application a copy of their DD-214 (Member 4 copy), NGB 22, or signed verification of service letter from the United States Department of Veterans Affairs. Please blackout any personally identifiable data such as Social Security numbers. For further information, contact L&I's Jobs@lni.wa.gov.

Diversity, Equity, and Inclusion Employer

L&I employees come from all walks of life. We strive to hire great people from a wide variety of backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

We believe in the importance of recognizing the value each of us contribute to the success of the agency mission. Having a diverse workforce is this agency's greatest resource of strength and knowledge. It is through the combination of talents and abilities that we can pursue finding effective measures to provide the best customer service. We are committed to building a diverse and inclusive workplace for everyone and we strongly mean everyone.

The State of Washington is an equal opportunity employer. Persons with a disability who need accommodation in the application process or testing process, or those needing this announcement in an alternative format, may call 360-902-5700. TTY users should first call 711 to access the Washington Relay Service.

You are welcome to include the name and pronoun you would like to be referred to in your materials and we will honor this as you interact with our award-winning diverse and inclusive organization.

For more Information

If you have any questions regarding this job posting, program, or the agency, please contact Angela Laramie at lari235@lni.wa.gov.