Manages Local Workforce Investment Area (LWIA) 5 accounting and financial management functions. Assures compliance with Federal reporting requirements, relevant OMB Circulars, policies of the Illinois Department of Commerce and Economic Opportunity (DCEO), GAAP and GASB standards in order to deliver a clean A133 Audit opinion and minimal fiscal monitoring findings. Coordinates with Workforce Development administrators regarding fiscal issues; supervises fiscal staff; submits required reporting to granting agencies; assists in preparation of annual department and program budgets; generates cost allocation methodologies for payroll and cost pools; approves accounts payable; requests reimbursements from granting agencies; maintains and reconciles a detailed cash sub-ledger by grant; reconciles reimbursements; monitors compliance with obligation and expenditure requirements; prepares revenue and expenditure accruals; and performs account analysis and reconciliations. Manages grant and service provider closeout processes and timelines; prepares for and manages outside audit and fiscal monitoring activities; conducts sub-recipient monitoring; prepares monthly invoices for shared costs; conducts routine analysis and projections; maintains balance sheet for each grant; prepares and presents financial information to County Board committee and Workforce Development Board as needed; and serves as the County’s fiscal liaison to DCEO.
Qualified applicants will have a Bachelor’s degree or higher in accounting, finance, business administration or related field, and at least three years of experience in grant accounting. Supervisory experience is desirable, as well as experience with Tyler/New World Systems. A master’s degree and/or CPA is preferred. Applicants must demonstrate working knowledge of GAAP, GASB standards, Federal reporting standards and relevant OMB circulars. Applicants will be preferred who are familiar with the policies of the Illinois Department of Commerce and Economic Opportunity, as well as those of the Workforce Innovation and Opportunity Act and Trade Adjustment Assistance programs. This position is entirely federally funded and will end if such funding is no longer available.