Develops new (or modifies existing) treatments for accounting, budgetary and financial reporting matters and instructs agency financial officers and chief accountants regarding these treatments; serves as a specialist for complex issues needing research or analysis related to the implementation of accounting standards including reconciliation of financial data and reports. Solves accounting problems using knowledge of generally accepted accounting principles, state accounting policies and procedures, theories, and their practical application. Prepares revisions to portions of the State’s Annual Comprehensive Financial Report (ACFR) for adherence to new accounting standards. Represents the Office of Financial Management in Accounting and some budget-related departmental meetings. Performs other tasks as assigned.
Required Education and Experience
Education
Possession of a bachelor's degree with at least 24 semester (36 term) credits in accounting.
Experience
Four years of professional experience performing or auditing the systematic classification and evaluation of accounting data and the preparation of related financial and managerial reports equivalent to an Accountant, Auditor, or Assistant Auditor General including two years equivalent to an Accountant P11, Auditor P11, or Assistant Auditor General P11 or one year equivalent to an Accountant 12, Auditor 12, or Assistant Auditor General 12.
Alternate Education and Experience
Possession of a Certified Public Accountant certificate (CPA) may be substituted for one year of Accountant P11 experience.
OR
Possession of a Certified Management Accountant certification (CMA) may be substituted for six months of Accountant P11 experience.
The Office of Financial Management (OFM) with the State Budget Office has overall responsibility for the state's accounting and payroll functions and related systems. The office is responsible for performing central accounting and payroll control activities, developing and issuing statewide accounting policies, advising state agencies on the application of generally accepted accounting principles and the use of the state accounting system, and monitoring compliance by agencies with state accounting policies. The office prepares the State of Michigan Annual Comprehensive Financial Report, W-2 statements for state employees, 1099 forms for state vendors, and other financial, payroll, and special purpose reports.