AD20 - Accountant/Fiscal Analyst I
General Nature of Work:
Performs professional duties in the creation and maintenance of accounting records, the verification and documentation of financial transactions or the preparation and management of agency budgets.
Guidelines for Class Use/Distinguishing Characteristics:
This class is intended for use as the entry level of the professional accounting occupation.
Examples of Work:
(Note: The examples of work listed in this class specification are not necessarily descriptive of any one position in the class. The omission of specific statements does not preclude management from assigning specific duties not listed herein if such duties are a logical assignment to the position. The intent of the listed examples is to give a general indication of the levels of difficulty and responsibility common to all positions in this class.)
Applies principles of accounting theory to alter and maintain an accounting system, develops methods for recording financial transactions and prepares reports of financial analyses.
Collects and analyzes data on investment plans.
Reviews budgetary requests for completeness, verifies estimates and summarizes budgetary statements of activities and objectives.
Reconciles reports with manual ledgers, bank statements and supporting documents.
Acts as contact person with brokerage houses and banks regarding the buying and selling of securities; drafts correspondence relative to the swapping of securities; conducts statistical analysis of investment opportunities; interprets price, yield and stability factors and summarizes current and long-term economic trends and investment risks; obtains deferred yield on security swaps; makes recommendations concerning the investing of funds for assigned accounts; resolves discrepancies and collects up-to-date information on preferred investment programs.
Processes all transactions concerning assigned accounts; prepares checks and deposits, transfers funds, posts journal and ledger entries, posts principal and interest received and computes interest from sale of securities; organizes and batches related documents.
Supervises clerical personnel in the assimilation of payroll information, the processing of payroll changes, the distribution of payroll checks, the accounting control of payroll deductions, the recording of financial transactions, the balancing and reconciling of accounts, the verification of accounting documents and the preparation of summary financial statements.
Administers an equipment and property inventory system and supervises the distribution of maintenance and purchase costs to accounts.
Uses cost accounting techniques to identify information not ordinarily found in a general accounting system and devises cost standards for measuring expenditures.
Distributes budgetary instructions and explains the use of budgetary forms; collects information for budgetary requests; prepares budgetary allotment authorizations; identifies any budgetary surplus and recommends funding changes.
Prepares management-level reports on cost allocations, revenue and expenditure comparisons, cash flow projections, capital expenditures, revenue budgets, availability of funds, level of financial obligations and budgetary variances.
Interprets accounting system policies, implements accounting procedures and designs accounting forms.
Reviews bond resolutions and complies with terms.
Prepares and maintains special tax accounting records and conducts tax remittance analyses.
Denies expenditure requests according to grant or contract stipulations or on the basis of fiscal irresponsibility.
Knowledge, Skills and Abilities:
(Note: The knowledge, skills and abilities listed are not necessarily inclusive of the requirements for every position in the class.)
Knowledge of the principles, practices, terminology and theories of accounting, banking, budgeting, financial management or investment.
Knowledge of modern office practices and procedures.
Knowledge of state government fiscal and accounting processes.
Ability to proficiently apply mathematical concepts.
Ability to analyze and interpret related data.
Ability to establish and maintain effective working relationships.
Ability to communicate effectively.
State Minimum Training and Experience
State Necessary Special Requirements:
(Note: Additional requirements may be applicable for individual positions in the employing agency.)
A high school diploma and related financial experience. A bachelor's degree with multiple accounting courses may be substituted for the required work experience.
MUSC Minimum Training and Experience Requirements:
A high school diploma and two years related financial experience. A bachelor's degree with multiple accounting courses may be substituted for the required work experience.
MUSC Physical Requirements: