What are the responsibilities and job description for the Financial Analyst position at Integrated Finance & Accounting Solutions (IFAS)?
Essential Job Functions
Team member will support the day to day operations of the Financial Reporting Division. Responsibilities include but are not limited to the review and preparation of journal voucher (JV) entries. Month-end as well as quarterly closing tasks to include various reconciliations by United Stated Standard General Ledger (USSGL), Limit and Fund. Other task include the review and analysis of various Trial Balances by USSGL.
Candidate must have knowledge federal financial reporting and understanding of the USSGL. Must understand the Statement of Budgetary Resources (SBR) and the Funds Balance with Treasury (FBwT) financial process. Familiarity with the reconciliation of Trading Partners is a plus.
Skills
Bachelor's Degree in Accounting or related field. CPA and/or CGFM a plus
Team member will support the day to day operations of the Financial Reporting Division. Responsibilities include but are not limited to the review and preparation of journal voucher (JV) entries. Month-end as well as quarterly closing tasks to include various reconciliations by United Stated Standard General Ledger (USSGL), Limit and Fund. Other task include the review and analysis of various Trial Balances by USSGL.
Candidate must have knowledge federal financial reporting and understanding of the USSGL. Must understand the Statement of Budgetary Resources (SBR) and the Funds Balance with Treasury (FBwT) financial process. Familiarity with the reconciliation of Trading Partners is a plus.
Skills
- Prepare and/or review monthly and quarterly JV packages for completeness, correctness and accuracy
- Reconcile assigned DTRA USSGL accounts and perform root cause anlaysis to identify problem(s)
- Reconcile various files from several general ledgers such as DAI, GFEBS, CEFMS, and STARs
- Review DDRS-B and DAI JV logs for completeness and correctness
- Review financial statement footnotes and reconcile to specific SGL and or program
- Research current guidance to ensure Agency is in compliance with current financial management and accounting requirements and reform initiatives, such as Federal Accounting Standards Advisory, Board (FASAB) accounting statements/concepts, OMB circulars and bulletins, OSD Comptroller guidance, the DoD Financial Management Regulation, and other Federal/DoD requirements.
Bachelor's Degree in Accounting or related field. CPA and/or CGFM a plus
- Experience performing financial reporting and reconciliation functions for a Defense organization is required
- SECRET CLEARANCE REQUIRED
- Understanding of the USSGL and the Treasury Financial Manual
- Understanding of the S-133 Report on Budget Execution and Budgetary Resources
- Understanding of accounting and audit principles and concepts related to financial statements reconciliation packages, including Treasury tie-points, adjustments, and footnotes
- Working knowledge of GAAP
- FIAR experience