Description of Work

Salary Recruitment Range: $54,197 - $94,844
Salary Grade: NC16
This position currently qualifies for a hybrid telework option with routine office and remote workday. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.
Mission of the Department of Insurance:
To promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect.
Primary Purpose of the Position:
The primary purpose of this position is the effective management of the general accounting, cash management, accounts receivable, accounts payable, payroll, fixed assets, and financial reporting areas of the Controller's Office in accordance with policies and procedures set forth by the Office of the State Controller, Office of State Budget and Management, Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and various other State and Federal regulatory agencies. The position supervises four direct reports and two indirect reports and is responsible for performing month-end closeout in a timely and accurate manner; and is responsible for managing vacancies in any of the above positions to minimize the impact on the operations. The Department of Insurance is a diverse and complex organization with many unique and specialized operations and programs. Accounting records for the agency are maintained in several different budget codes and numerous sub-funds and programs. Moreover, financial transactions must be properly and accurately processed in compliance with NCFS requirements, state and federal requirements, and generally accepted accounting principles. This position also serves as the Internal Control Officer of the agency. As the Internal Control Officer, this position is responsible for performing EAGLE risk assessments of the agency's financial statements each year and identifying the financial and compliance areas and programs that are considered high risk, documents processes and procedures, identifies controls to test, develops test plans, performs the test work, documents conclusions, and makes recommendations to management. The Financial Manager will also be responsible for preparing various financial reports and assisting with the preparation of the Annual Comprehensive Financial Report (ACFR) and the Single Audit Report.
Incentives of NC State Employment:
We value our employees and offer a wide variety of competitive and family-friendly benefits. Benefits to include:

• 12 Annual paid Holidays
• North Carolina State Health Plan administered by Blue Cross Blue Shield of NC
• Supplemental Benefits including: Flexible Spending Accounts, Accident Insurance, Cancer & Specified Disease, Critical Illness, Dental and Vision
• NC State Retirement (TSERS)
• WeSave Employee Discounts

Knowledge, Skills and Abilities / Competencies

• Documented experience of generally accepted accounting principles (GAAP) and Governmental Accounting Standards Board (GASB) requirements.
• Documented experience with generally accepted auditing practices and techniques and the ability to apply this knowledge.
• Documented advance level experience with Microsoft Office systems.
• Documented experience with any Annual Comprehensive Financial Reports (ACFR).
• Documented experience presenting results of analysis to program administrators and provide technical guidance.
• Documented experience directing the work of lower-level accountants.
• Documented experience compile, examine, analyze and reconcile complex financial data.
• Documented experience developing, establishing, and implementing business process policies and procedures.
• Documented experience providing direction and guidance to agency employees concerning Departmental and State policies and procedures.

Minimum Education and Experience Requirements

Bachelor’s degree in accounting, or a degree in business administration, finance, public administration, or a related discipline from an appropriately accredited institution with 18 semester hours of accounting coursework; and five years of professional accounting/auditing experience in the preparation of interpretive or analytical accounting, financial statements and reports; or equivalent combination of education and experience.

Supplemental and Contact Information

For consideration for this vacancy, all applicants must complete an on-line application using the “APPLY” button above. If multiple applications are submitted to an individual posting, only the most recent application received prior to the posting close date will be evaluated for the consideration. Applications for positions requiring specific coursework must be accompanied by a copy of the applicant's transcript.
Academic Degrees must be from appropriately accredited institutions and will be verified. If you are selected for a position at DOI/IC, your academic credentials will be verified.
To receive credit for your work history and credentials, you must list the information on the State Application. Any information omitted from your application cannot be considered for qualifying credit.
The Department of Insurance/Industrial Commission may conduct criminal history checks of all job applicants recommended for employment. Failure to accurately acknowledge information on criminal convictions on the state application form will be grounds for non-consideration of applications, disciplinary action, and possible criminal prosecution.
The Department of Insurance/Industrial Commission is an Equal Employment Opportunity employer and uses the merit-based recruitment and selection plan to fill positions subject to the State Personnel Act with the most qualified individuals.
***INCLUDE ALL RELEVANT EDUCATION, WORK EXPERIENCE IN THE DESIGNATED EDUCATION AND WORK HISTORY SECTION ON THE FORMAL APPLICATION***
***Applications with "see attached" or resumes in lieu of completed education and work experience on the formal application will be deemed incomplete and will not be eligible for consideration for the vacancy***
Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax.
Applicants seeking Veteran's Preference under N.C.G.S .126 must submit a DD Form 214, Certificate of Release or Discharge from Active Duty. This information may be attached to the online application or be faxed on or before the closing date.
Applicants may check the status of their application for a vacancy at any time by logging in to the government jobs system using the above link. Once the applicant has logged in, the status of each submitted application is documented next to each vacancy for which they have applied.
Derrick J. Smith, HR Consultant
NC Department of Insurance
Human Resources Office
Phone: (919) 807-6047