Federal Fund Accountant Manager

As a Federal Fund Accountant Manager at the Kentucky Transportation Cabinet, your main responsibilities include overseeing the establishment, modification, and closure of all federal programs, managing the collection of over $800 million in federal funds annually, processing GARVEE Bonds, and ensuring the preparation of the annual SEFA report. You will coordinate with personnel to respond to audit inquiries and provide overall fiscal management of federal programs.

To qualify for the Federal Fund Accountant Manager position at the Kentucky Transportation Cabinet, you must have a bachelor's degree that includes 20 semester hours in accounting along with six years of professional accounting or audit experience. Additionally, four of those years should involve federal accounting, auditing, or reporting, ensuring you have the necessary background to manage federal funds effectively.

Important skills for a Federal Fund Accountant Manager include a strong understanding of accounting principles, exceptional communication abilities, and proficiency in eMARS. Having a positive and helpful attitude, maintaining outstanding customer service skills, and a willingness to learn and work collaboratively within a team environment are also crucial to succeed in this role at the Kentucky Transportation Cabinet.

The working environment for a Federal Fund Accountant Manager at the Kentucky Transportation Cabinet is primarily office-based, promoting a culture of teamwork and employee involvement. You’ll be in a setting where your performance is measured, allowing for personal and professional growth while contributing meaningfully to the cabinet's objectives.

As a Federal Fund Accountant Manager with the Kentucky Transportation Cabinet, you can expect career growth opportunities through continuous learning, professional development in federal accounting practices, and the chance to take on increasing levels of responsibility within the organization as you demonstrate your capabilities and contribute to KYTC’s mission.

To effectively manage the collection of federal funds, I would implement robust tracking and reporting systems to monitor fund flows closely. This would include establishing clear processes for managing deadlines, ensuring compliance with federal reporting requirements, and regularly coordinating with other department staff to address any discrepancies promptly.

In my previous roles, I successfully handled federal accounting and auditing responsibilities, including creating SOFA reports and managing federal program records. My experience gives me a solid understanding of compliance and reporting standards required when working with federal funds, which I believe is crucial for this position.

I prioritize tasks by assessing their urgency and impact on financial reporting timelines. Using project management tools helps me visualize deadlines and allocate responsibilities effectively while ensuring that urgent tasks, like audit inquiries or report preparation, are completed without compromising other responsibilities.

Teamwork is crucial in the Federal Fund Accountant Manager position, as managing federal funds often involves collaborating with various stakeholders, including auditing teams and program managers. Building a culture of support and open communication enhances efficiency and promotes a cooperative working environment.

Handling audit inquiries involves thorough preparation in advance and maintaining accurate financial records. I would ensure that all documentation is up-to-date, conduct a self-audit prior to actual audits to pinpoint and address potential concerns, and be transparent in communication throughout the process.

I am proficient in several accounting software programs, including eMARS. I adapt to new systems through dedicated learning and practice, usually by utilizing available training materials and seeking assistance from colleagues or IT support to understand system functionalities effectively.

I managed a challenging project involving reconciling multiple accounts within a tight deadline. By systematically cataloging discrepancies and collaborating closely with my team, we quickly identified issues and effectively resolved them to meet the deadline, showcasing our ability to work collaboratively.

I regularly participate in professional development workshops, subscribe to relevant newsletters, and engage with accounting networks. Staying informed about changes in federal regulations is essential to ensure compliance and adapt practices accordingly in my role as a Federal Fund Accountant Manager.

To ensure accuracy in financial reports, I implement a detailed review process that includes cross-referencing figures with source documents, conducting variance analyses, and having team members conduct peer reviews. Regularly scheduled checks throughout the financial reporting process are also essential to maintain integrity.

I am drawn to the Kentucky Transportation Cabinet because it aligns with my passion for public service and financial management. I admire KYTC’s commitment to safety and efficiency in transportation and believe that my skills in accounting can contribute significantly to achieving these essential priorities.