Internal Controls Analyst

The State Accounting Office (SAO) provides accounting and financial reporting expertise for the State and is responsible for statewide financial reporting, oversight and management of the State’s Enterprise Resource Planning (ERP) system, establishing accounting policy, providing business process improvement recommendations, and operation of the shared services’ offerings such as payroll and vendor management.

SAO's Statewide Accounting & Reporting (SWAR) division is a focused and successful team responsible for statewide financial reports including the Annual Comprehensive Financial Report, the Single Audit Report, and the Statewide Cost Allocation Plan (SWCAP).  The team is dedicated to the continuous improvement of statewide financial reporting as well as providing value to the stakeholders of Georgia through the implementation and review of statewide internal controls, accounting policies, accounting governance, and other special projects.

Position Description:

SWAR is seeking an Internal Controls Analyst to improve statewide internal controls and financial accountability throughout all of the State entities. The Internal Controls Analyst will assist in maintaining, updating, and monitoring internal controls relating to financial reporting processes to ensure material misstatements of the State’s financial statements are prevented or detected and corrected in a timely manner. The successful candidate’s role will assist in evaluating and monitoring each entity’s internal controls through walk-throughs of processes, reviewing documentation and reviewing data analytics. The incumbent may also be responsible to assist in the preparation of the Single Audit Report and SWCAP.

Financial Reporting Analyst (Internal Controls Analyst) – FIP101

Pay Grade: M

Salary range: $56,310.72 - $73,677.24

Primary Duties & Responsibilities:

·    Maintain, update and monitor practical internal control tools and guidance to State agencies based on the Standards for Internal Control in the Federal Government (Green Book)

·    Assist agencies with assessments of their financial reporting risks

·    Conduct periodic risk assessment processes and perform data analytics at both the entity and statewide levels

·    Work with agencies’ management to monitor the effectiveness of controls, and to identify weaknesses and breakdowns in controls

·    Document and make recommendations regarding gaps in operations, reporting, and compliance controls

·    Coordinate with entities’ management and State auditors to address findings and follow up on corrective action plans

·    Conduct individual and group training sessions on internal controls

·    Keep current on PCAOB, COSO, GAAP and other applicable guidance, and evaluate how changes to these guidelines could impact the State’s internal controls design

·    Prepare executive level reports for communication of results

·    Prepare and coordinate portions of the Single Audit Report for the State of Georgia

·    Prepare and coordinate portions of the Statewide Cost Allocation Plan (SWCAP)

·    Other duties and special projects as assigned

Skills and Competencies:

·    Knowledge of internal control design and ability to evaluate operating effectiveness

·    Knowledge and understanding of the Green Book, COSO Framework, risk assessment practices, fraud prevention, and risk assessments

·    Exceptional analytical and problem solving abilities

·    Experience in writing control policies, procedures, process evaluation and documentation

·    The flexibility and independence to work in a changing and unstructured environment

·    Sense of detail/accuracy as well as the ability to see the larger picture

·    Ability to multi-task and prioritize

·    Ability to establish and maintain effective working relationships with others

·    Excellent verbal and written communication skills

Minimum Qualifications:

Bachelor's degree in accounting and one (1) year of professional-level job-related experience in accounting.

Preferred Qualifications:

Preference may be given to applicants who, in addition to meeting the Minimum Qualifications, possess the following:

·    3 years of business process, internal controls or audit experience

·    2 years or more of work experience in the public sector

·    Certified Public Accountant (CPA) or qualified to take exam

·    Experience with the Green Book and/or the Committee of Sponsoring Organizations of the Treadway Commission (COSO) framework for internal controls report

·    Data analytical skills (at least extensive use of more complex excel functions and formulas)

·    Grants accounting and reporting and/or Single Audit experience

·    SWCAP or cost allocation plan preparation experience

Application/Resume must clearly describe relevant qualifications and experience.

 The State Accounting Office is an Equal Opportunity Employer