Virginia Department of Transportation

Plans, builds, maintains Virginia transportation infrastructure

Accountant Senior AR

Accounts Payable/ReceivablePosted on Nov 10

Full-timeRichmond, VA, USA$64.8k - $105.2kIn-person

About the Job

Requirements

Ability to communicate effectively both orally and in writing.
Ability to effectively manage time and work multiple assignments.
Ability to perform in-depth financial reconciliations.
Ability to prepare financial and statistical reports.
Ability to research, investigate, analyze, reconcile, and evaluate financial data in compliance with applicable accounting directives and procedures.
Ability to work as a team member and simultaneously accomplish multiple priorities.
Knowledge of Generally Accepted Accounting Principles as applied to governmental organizations.
Knowledge of state, federal, and agency policies and procedures regarding applicable internal controls.
Skills using automated financial and collection systems.
Ability to apply organizational skills to prioritize work and complete tasks.
Ability to collect and analyze data and prepare reports and statements covering accounting, legal, and financial areas.
Ability to develop and maintain effective working and interpersonal relationships with divisions and customers.
Ability to perform complex and detailed cost analysis.
Ability to perform in-depth financial reconciliations, journal entries, and other transactions.
Ability to prepare financial management reports, including reconciliation and expenditure reports, using a reporting program.
Ability to read, interpret, apply, and evaluate compliance with federal, state, and local laws, rules, and regulations.
Ability to research, investigate, analyze, reconcile, and evaluate financial data in compliance with federal, state, and local accounting directives and procedures.
Ability to serve as a resource to staff members in areas of special expertise.
Ability to work independently and as a team member within existing guidelines, policies, and procedures.
Knowledge of office practices and procedures, filing systems, and coding structures.
Knowledge of requirements and procedures for maintaining accounting records.
Skill in communicating effectively orally and in writing.
Skill in completing assignments accurately and with attention to detail.
Skill in using computers and software applications, including Microsoft Office products and automated financial management software systems.

Responsibilities

Administer, manage, and maintain statewide programs to ensure VDOT compliance and accountability with Department of Accounts requirements, including compliance with Generally Accepted Accounting Principles and Governmental Accounting Standards Board Statement 34.
Record, report, bill, and collect outstanding project receivables and other debts owed to VDOT.
Monitor reimbursement of eligible expenditures posted in the Cardinal financial system.
Maintain accounts receivable procedures in accordance with Commonwealth Accounting Policies and Procedures.
Conduct receivables processing, including receiving agreements from outside parties to initiate or update federal or non-federal project billings in Cardinal.
Review, validate, and send bills received for payment for federal or non-federal projects.
Review project expenditures and performance to verify amounts and timelines, and research billing issues as needed.
Serve as the lead point of contact for billing questions and represent the Fiscal Division at agency-wide trainings, task forces, and meetings related to contract billing.
Facilitate resolution of billing issues and provide guidance and direction to VDOT divisions and districts.
Prepare special reports and analyses requested by management; review and analyze financial data, prepare accurate reports on time, and compile and present requested statements and reports by their due dates.
Perform and document ad hoc analyses of business processes, complex financial data, issues, and problems to support fiscal operations; identify and communicate procedures to improve efficiency and effectiveness.
Monitor project billing closeouts, troubleshoot outstanding issues, perform closeout and quality review activities, and deactivate contract agreements in Cardinal.
Work with Cardinal and other information technology system resources to troubleshoot and resolve issues and system errors.
Perform reconciliation activities to ensure funds are received and posted correctly in Cardinal; make correcting adjustments to project agreements and follow up with appropriate parties to ensure payment is received or a refund is issued.
Provide technical accounting assistance and guidance to VDOT divisions and districts on accounting issues, policies, and procedures; maintain contacts with external entities.
Analyze, research, and review financial data and statements, recommend and develop accounting procedures, and respond to inquiries accurately and promptly.

Desired Qualifications

Training, experience, or education in Accounting, Finance, Business Administration, or a related field.
Ability to interpret contracts.
Experience in financial analysis, grant and fund accounting, and financial management.

Administer, manage and maintain statewide programs ensuring VDOT compliance and accountability with DOA requirements to include compliance with GAAP and GASB 34. Record, report, bill and collect on outstanding project receivables and other debts owed to VDOT. Monitors the reimbursement process of eligible expenditures posted in Cardinal financial system.

How you will contribute:

Accounts Receivable Policies: Maintain relevant accounting procedures in accordance with Commonwealth Accounting Policies and Procedures governing accounts receivable.

Accounts Receivable Processes: Conduct receivables processing activities which includes receiving agreements from outside parties to initiate or update federal or non-federal project billings in Cardinal. Review, validate and send bills received for payment for federal or non-federal projects. Review project expenditures and performance for accurate amounts and timelines and research billing issues as needed.

Division Representation: Serve as lead point of contact for billing questions. Represent Fiscal Division during agency wide trainings, task forces and meetings pertaining to contract billing. Facilitate resolution billing issues and problems, providing guidance and direction to VDOT divisions and districts.

Financial Analysis: Prepare special reports and analyses when requested by management. Review and analyze financial data. Prepare reports timely and accurately and ensure deadlines are met. Compile and present specific statements and reports as requested with accurate data by specific due date.

Policies and Procedures: Maintain relevant accounting procedures in accordance with Commonwealth Accounting Policies and Procedures. Perform and document ad-hoc analyses of business processes, complex financial data, issues and problems to support fiscal operations. Identify and communicate new procedures to improve efficiency and effectiveness where appropriate.

Project Billing Closeouts: Monitor project billing closeout process, troubleshoot outstanding issues, perform close-out and quality review activities. Deactivate contract agreements in Cardinal.

Systems and Data Accuracy : Work with Cardinal and other IT system resources to troubleshoot and resolve issues and system errors. Perform reconcilitation activities to ensure funds are received and posted correctly in Cardinal. Make correcting adjustments to project agreements. Follow-up with appropriate parties to ensure payment received or refund is issued.

Technical Accounting Assistance and Guidance: Provide technical assistance and guidance to VDOT divisions and districts on accounting related issues, policies and procedures. Maintain contacts with external entities. Analyze, research, and review financial data and statements and recommend and develop accounting procedures. Respond to inquiries accurately and timely.

What will make you successful:

Ability to apply organizational skills to prioritize work and complete tasks.

Ability to collect and analyze data, assemble and prepare reports and statements covering accounting, legal and financial areas.

Ability to develop and maintain effective working and interpersonal relationships with all divisions and customers.

Ability to perform complex and detailed cost analysis.

Ability to perform in-depth financial reconciliations, journal entries and a variety of other transactions.

Ability to prepare financial management reports to include reconciliation and expenditure reports using a reporting program.

Ability to read, interpret, apply and evaluate compliance with federal, state, and local laws, rules and regulations.

Ability to research, investigate, analyze, reconcile, and evaluate financial data in compliance with federal, state, and local accounting directives and procedures.

Ability to serve as a resource to staff members in areas of special expertise.

Ability to work independently and as a team member within existing guidelines, policies and procedures.

Knowledge of generally accepted accounting principles (GAAP) as applied to governmental organizations.

Knowledge of office practices and procedures, filing systems and coding structures.

Knowledge of requirements and procedures for maintenance of accounting records.

Skill in communicating effectively orally and in writing.

Skill in completing assignments accurately and with attention to details.

Skilled in the use of computers and software applications to include MS Office products and automated financial management software systems.

Minimum Qualifications:

Ability to communicate effectively both orally and in writing.

Ability to effectively manage time and work multiple assignments.

Ability to perform in-depth financial reconciliations.

Ability to prepare financial and statistical reports.

Ability to research, investigate, analyze, reconcile, evaluate financial data in compliance with applicable accounting directives and procedures.

Ability to work as a team member and simultaneously accomplish multiple priorities.

Knowledge of Generally Accepted Accounting Principles (GAAP).

Knowledge of state, federal, agency policies and procedures regarding applicable internal controls.

Skills using automated financial and collection systems.

Additional Considerations:

A combination of training, experience, or education in Accounting, Finance, Business Administration, or related field desired.

Ability to interpret contracts.

Experience in financial analysis, grant and fund accounting and financial management.

Click below to learn more about the Competency Model associated with this Position:
Competency Model

Physical Requirements

Physical Requirements

VDOT employees must abide by VDOTs Code of Ethics and the Commonwealths Standards of Conduct.
VDOT Code of Ethics
Standards of Conduct

Physical Requirements

Physical Requirements

Minimum Salary: 64750.00

Maximum Salary: 105219.00

About the Company

Virginia Department of Transportation

Plans, builds, maintains Virginia transportation infrastructure

The Virginia Department of Transportation (VDOT) manages Virginia’s transportation network. It plans, builds, maintains, and operates roads, bridges, and tunnels to keep travel safe and efficient. Its work includes long-range planning (looking 20–25 years ahead), transportation modeling for regional partners, and public outreach to keep citizens informed and involved, such as campaigns promoting safer roundabouts. Unlike private companies, VDOT is a state government agency funded to serve the public interest rather than earn profits. Its goal is to provide a reliable, safe, and accessible highway system for all Virginians and to address future transportation needs through coordinated planning and infrastructure projects.

Company size: Not listed
Company stage: Not listed
Total funding: Not listed
Headquarters: Not listed
Founded: Not listed

Recently Posted Jobs

Explore more opportunities at Virginia Department of Transportation

See more jobs