What are the responsibilities and job description for the Senior Account/Fiscal Analyst position at State of South Carolina?
Job Responsibilities
THIS POSITION HAS BEEN REPOSTED. PREVIOUS APPLICANTS NEED NOT RE-APPLY AS ALL QUALIFIED APPLICATIONS WILL BE CONSIDERED.
Mission Statement
The mission of the State of South Carolina Department of Insurance is to protect the insurance consumers, the public interest, and the insurance marketplace by ensuring the solvency of insurers; by enforcing and implementing the insurance laws of the State; and by regulating the insurance industry in an efficient, courteous, responsive, fair, and equitable manner. For more information about working at the SC Department of Insurance, please visit Department of Insurance, SC - Official Website | Official Website
This position is located in the Office of Administration.
Develops and maintains standard accounting systems and internal controls, including recording, processing, and compiling of financial data not captured by normal accounting processes. Approves and/or enters all financial transactions/postings in SCEIS. Establishes, maintains, and supervises the use of an extensive internal chart of accounts, devises account mapping to SCEIS and object identification codes and coordinates the agency's accounting system with external fiscal operations.
Responsible for the accounting, collection and management of approximately $200 million in insurance premium taxes, license fees, penalties, examination reimbursements and other revenues collected by the Department. Performs reconciliation of revenues from internal accounting system accounts in SCEIS. Directs staff in developing procedural manuals and bulletins to be followed by insurance companies; advises appropriate company officials of such regulations.
Develops and directs budgetary processes; policy interpretations, development and dissemination of procedures, data accumulation, economic forecasting, budgetary request preparation and analysis, estimate revenues, final budgetary consolidation, internal and external presentations - implementation and monitoring, and financial statistical reporting. Writes, plans, develops and implements accounting policies and procedures applicable to the financial needs of the agency and agency programs, including budgeting. Evaluates and interprets procurement rules and regulations for supervisor's review. Verifies agency conformance with Generally Accepted Accounting Principles (GAAP) and reporting requirements. Confers with top management about budgetary goals and objectives. Keeps federal, state and local agencies abreast of changes in external and internal reporting requirements.
Directs the assimilation of payroll information, the processing of payroll changes, the distribution of payroll checks and the accounting control of payroll deductions. Assists in managing the operation of the Procurement section and directs staff involved in procurement of goods and services.
Prepares, reconciles and distributes tax collections quarterly to multiple state agencies, county subdivisions. Performs calculations for annual distribution to 46 counties for Bail Bondsmen collection and Uninsured Motorist collection pre-rated to insurance companies (~110) based on business written in the previous year, and Broker Taxes to the Municipal Association (MASC).
Performs other related duties as necessary.
Minimum And Additional Requirements
A bachelor's degree in accounting, finance, business, or a related field and professional experience in a related area, such as accounting, auditing, finance, or banking.
Expert in Excel.
Preferred Qualifications
Knowledge of administrative policy and procedures, experience supervising professional accounting and clerical staff. Advanced working knowledge of Excel, Word and PowerPoint.
At least five years SC State Government experience to be in the accounting, finance, fiscal or closely related field as well as extensive SCEIS experience and at least 2 years supervision preferred.
Additional Comments
Educational Credentials:
Applicants indicating college credit or degree(s) on the application will be required to submit a sealed, certified copy of the transcript(s) prior to beginning employment. Failure to produce an official, certified transcript will result in any conditional offer of employment being rescinded.
Equal Opportunity Employer
It is the policy of the South Carolina Department of Insurance to provide equal employment opportunities to all job applicants and employees without regard to their race, color, religion, national origin, sex (including, but not limited to, pregnancy, childbirth or related medical conditions and lactation), disability or age.
Veteran Preference Statement
South Carolina is making our Veterans a priority for employment in state agencies and institutions.
The Department of Insurance offers an exceptional benefits package for FTE positions that includes:
THIS POSITION HAS BEEN REPOSTED. PREVIOUS APPLICANTS NEED NOT RE-APPLY AS ALL QUALIFIED APPLICATIONS WILL BE CONSIDERED.
Mission Statement
The mission of the State of South Carolina Department of Insurance is to protect the insurance consumers, the public interest, and the insurance marketplace by ensuring the solvency of insurers; by enforcing and implementing the insurance laws of the State; and by regulating the insurance industry in an efficient, courteous, responsive, fair, and equitable manner. For more information about working at the SC Department of Insurance, please visit Department of Insurance, SC - Official Website | Official Website
This position is located in the Office of Administration.
Develops and maintains standard accounting systems and internal controls, including recording, processing, and compiling of financial data not captured by normal accounting processes. Approves and/or enters all financial transactions/postings in SCEIS. Establishes, maintains, and supervises the use of an extensive internal chart of accounts, devises account mapping to SCEIS and object identification codes and coordinates the agency's accounting system with external fiscal operations.
Responsible for the accounting, collection and management of approximately $200 million in insurance premium taxes, license fees, penalties, examination reimbursements and other revenues collected by the Department. Performs reconciliation of revenues from internal accounting system accounts in SCEIS. Directs staff in developing procedural manuals and bulletins to be followed by insurance companies; advises appropriate company officials of such regulations.
Develops and directs budgetary processes; policy interpretations, development and dissemination of procedures, data accumulation, economic forecasting, budgetary request preparation and analysis, estimate revenues, final budgetary consolidation, internal and external presentations - implementation and monitoring, and financial statistical reporting. Writes, plans, develops and implements accounting policies and procedures applicable to the financial needs of the agency and agency programs, including budgeting. Evaluates and interprets procurement rules and regulations for supervisor's review. Verifies agency conformance with Generally Accepted Accounting Principles (GAAP) and reporting requirements. Confers with top management about budgetary goals and objectives. Keeps federal, state and local agencies abreast of changes in external and internal reporting requirements.
Directs the assimilation of payroll information, the processing of payroll changes, the distribution of payroll checks and the accounting control of payroll deductions. Assists in managing the operation of the Procurement section and directs staff involved in procurement of goods and services.
Prepares, reconciles and distributes tax collections quarterly to multiple state agencies, county subdivisions. Performs calculations for annual distribution to 46 counties for Bail Bondsmen collection and Uninsured Motorist collection pre-rated to insurance companies (~110) based on business written in the previous year, and Broker Taxes to the Municipal Association (MASC).
Performs other related duties as necessary.
Minimum And Additional Requirements
A bachelor's degree in accounting, finance, business, or a related field and professional experience in a related area, such as accounting, auditing, finance, or banking.
Expert in Excel.
Preferred Qualifications
Knowledge of administrative policy and procedures, experience supervising professional accounting and clerical staff. Advanced working knowledge of Excel, Word and PowerPoint.
At least five years SC State Government experience to be in the accounting, finance, fiscal or closely related field as well as extensive SCEIS experience and at least 2 years supervision preferred.
Additional Comments
Educational Credentials:
Applicants indicating college credit or degree(s) on the application will be required to submit a sealed, certified copy of the transcript(s) prior to beginning employment. Failure to produce an official, certified transcript will result in any conditional offer of employment being rescinded.
Equal Opportunity Employer
It is the policy of the South Carolina Department of Insurance to provide equal employment opportunities to all job applicants and employees without regard to their race, color, religion, national origin, sex (including, but not limited to, pregnancy, childbirth or related medical conditions and lactation), disability or age.
Veteran Preference Statement
South Carolina is making our Veterans a priority for employment in state agencies and institutions.
The Department of Insurance offers an exceptional benefits package for FTE positions that includes:
- Health, Dental, Vision, Long Term Disability, and Life Insurance for Employee, Spouse, and Children
- 15 days annual (vacation) leave per year
- 15 days sick leave per year
- 13 paid holidays
- State Retirement Plan (pension plan option) and Deferred Compensation Programs
- Employee Assistance Program
- Free counseling sessions for employees and household members
- Free legal counseling
- Free financial counseling
- Flexible Work Schedules
- Compressed work weeks
- Part-time telecommuting
- Flex-time
- Contingent upon completing required probationary period
- Free Gym Access
- Growth Opportunities
- Certifications/designation program allowing for salary increases and bonuses
- Infants at Work Program
- Employees eligible to bring their newborn/infant to the workplace
- Free Parking