Job Information
Colorado Department Of Transportation Accountant III - Denver in Denver, Colorado
DEPARTMENT INFORMATION:
This position is only open to Colorado state residents.
This position is covered by the Partnership Agreement between the State of Colorado and Colorado Workers for Innovative and New Solutions (COWins).
New employees to the State will be paid biweekly. There are 26 biweekly pay periods in a year.
ABOUT CDOT Do you want to make a difference in Coloradans' lives? Do you have a passion for helping people and keeping them safe? At the Colorado Department of Transportation (CDOT), you'll have the opportunity to do just that. The work our people do contributes to keeping Coloradans and visitors safe and provides freedom, connection, and experience through travel. Please visit our careers page to learn about CDOT and how we are making Colorado a great place to live, work and play, now and for the future! Also, check out our excellent benefits package!
CDOT FOR ALL CDOT's strength is our people, and our commitment to our people is to shape, support, and sustain the employee experience, and ultimately, create a supportive workplace where everyone, regardless of gender, race, ethnicity, religion, national origin, age, sexual orientation, gender identity, citizenship status, education, disability, socio-economic status, or any other identity, has the opportunity to thrive.
Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, go to https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/public-servi ce?
The eligible list created from this announcement may be used to fill current and future vacancies for a period of up to 6 months.
DESCRIPTION OF JOB:
About the Work Unit The Accountant III works in The Colorado Department of Transportation's (CDOT's) Division of Finance and Accounting, Center for Accounting Unit. The unit ensures all financial related transactions for CDOT are recorded in compliance with Generally Accepted Accounting Principles (GAAP), Government Accounting Standards Board ( GASB), and all State and Federal rules and regulations.
About the Position This position works on Fixed Assets, Debt Service, Reconciliations and Interagency transactions; provides Inventory oversight; oversees Cash Receipts and Accounts Receivable, COPS, Notes Payable, Bonds, and Project Settlements and supports the General Ledger (GL) unit in analyzing, investigating and reconciling high level GL transactions between SAP and CORE. This position monitors the interagency transactions ensuring that all are processed timely and accurately in SAP and CORE and provides backup to the GL supervisor for reviewing/approving all SAP and CORE documents. In addition, this position reconciles and records the annual physical inventory ensures the monthly and yearly trial balance reconciliations are complete, ensures daily transactions, weekly reconciliations are complete between SAP and CORE, prepares monthly and year-end reconciliations for fixed assets additions/deletions, performs monthly project settlements, ensures all debt related transactions are processed timely and accurately, and ensures CDOT meets all of our portion of the State s Event Filing with the Electronic Municipal Market Access (EMMA) compliances.
Your duties and responsibilities will include, but are not limited to, the following:
Fixed Assets & Annual Consumable Inventory
Investigates, analyzes and prepares monthly and year end reconciliations and transactions for fixed assets additions in SAP Fixed Assets Module. This includes additions to road equipment, non-road equipment and buildings. Completes reconciliations including reviewing capital expenditure accounts, ensuring expenditures qualify for capitalization, creating assets shells in SAP, and reconciling expenditures to fixed assets additions. Prepares accounting entries in SAP/CORE per GAAP and state and federal rules. If needed, implements a new accounting process or re onciliation to ensure integrity and accuracy of fixed assets in SAP and CORE. Ensures an annual physical inventory of fixed assets is completed along with any consumable inventories CDOT must comply with reporting any consumable inventory meeting the State s threshold as reported in the State Fiscal Procedures Manual at year-end. Investigates, analyzes and corrects any issues identified per GAAP ensuring balances between SAP and CORE are accurate and complete. Completes any year-end forms needed to report the consumable inventories. Oversight of all daily & monthly reconciliations Ensures the daily transactional reconciliation between SAP and CORE is completed and available for staff to review. Monthly, investigates, analyzes, reconciles, and corrects high level general ledger balance sheet and income statement transactions and variances between SAP and CORE as designated. Ensures all other reconciliations completed by staff are accurate, complete and in compliance with GAAP and state and federal rules. Oversees the completion of all SAP/CORE Trial Balance reconciliation reports and makes the reports available to all staff the week after CORE close. Works with the Deputy Controller to ensure all abnormal balances and variances as designated are corrected for quarterly and year-end close per State