ACCOUNTANT

at Department of Commerce and Economic Opportunity in Springfield, Illinois, United States

Job Description

About the Position

The Office of Financial Management (OFM) is seeking a talented accountant with interest in grant administration and compliance. To meet the department’s goals, every year OFM manages the release of more than one billion dollars in assistance to local governments, non-profits, and small businesses. Accountants play a key role in the review and approval of all financial components of more than 800 grants the department releases every year which are essential for Illinois to meet its economic goals. By joining the team as a DCEO grant accountant you will be part of the mission to execute grants and spur economic opportunity in Illinois. We welcome interested applicants who can oversee accounts and records of this State agency to apply.

1. Reviews and approves cash requests submitted by subgrantees. 

2. Performs technical accounting in the maintenance of cost ledgers and general journals, by fund or grant.

3. Reviews, evaluates, and approves budgets, grants/loans and subsequent contract modifications submitted by the Program Divisions of the Department of Commerce and Economic Opportunity.

4. Reviews, records, and approves subgrant close-out packages which report all financial activity by individual contract.

5. Prepares complex internal reports, involving detailed control accounts in accordance with the Grants Management System, containing financial data used in the planning, controlling and evaluation of each subgrant agreement and grant program.

6. Research State/Federal Regulations to draft, issue papers, reports, procedure clarifications, or memorandums pertinent to assigned responsibilities.

7. Provides technical assistance to subgrantees in reporting, vouchering and expenditure discrepancies.

8.  Performs other duties as required or assigned which are reasonably within the scope of the duties. 

1. Requires knowledge, skill and mental development equivalent to completion of four (4) years of college, with courses in business administration and accounting or four years of technical accounting experience. 

1. Prefers one year of accounting experience with a public entity (state, local, or other). 

2. Prefers one year of experience processing and/or administering grant program contracts (“grants”). 

3. Prefers one year of experience utilizing electronic accounting software, like SAP or other.

4. Prefers intermediate knowledge of the Grant Accountability and Transparency Act and its requirements. 

5. Prefers intermediate level of expertise in the use of electronic spreadsheet software. 

1. Requires completion of a background check and self-disclosure of criminal history form. 

The mission of the Illinois Department of Commerce and Economic Opportunity is to support and maintain a climate that enables a strong economy for our customers – taxpayers, businesses, workers and communities – by keeping, attracting and growing businesses, maintaining a skilled workforce, and enhancing communities so that the climate here is one in which businesses, small and large, and workers, can succeed to the greatest extent possible. The Illinois Department of Commerce delivers impactful and efficient programs and services through focused on business, community, and workforce development.