ACCOUNTANT I L0311

Definition: This is professional accounting work in the classification, analysis, and reporting of financial data.

An employee in this class analyzes financial transactions and prepares documented financial statements and reports to control and account for funds and to analyze and project financial data. Work involves applying prescribed professional accounting principles and techniques to the treatment of transactions and other accounting operations. Employees perform a wide variety of professional accounting work, but some assignments require an emphasis upon a specific accounting specialty. Supervision may be exercised over a small clerical staff. Work is performed within established policies and procedures. Supervision is received from a professional superior who provides advice and occasionally checks work in progress or upon completion for adherence to standards and procedures.

Examples of Work: Maintains or supervises the maintenance of accounting records.

Supervises the posting of accounting data to general ledger accounts from accounting records and documents; takes trial balances and prepares financial reports.

Supervises the maintenance of expenditure and budgetary control accounts and prepares reports related to the status of accounts.

Conducts standard internal audits of office or other accounting records.

Prepares adjustment vouchers to correct or close accounts maintained.

Participates in the maintenance of inventory control systems for cost accounting which includes inventory in stock, in process, and finished work to determine cost and wastage.

Participates in the determination of division of the cost of overhead between different industries or cost centers.

Maintains full accounting records to show the unit, product, and industry cost and the factors used to determine these costs.

Analyzes accounting records and reports and prepares management reports in established formats based on these sources.

Performs related work as required.

Required Knowledges, Skills, and Abilities: Knowledge of commonly-accepted accounting principles and procedures.

Some knowledge of the principles and practices of cost accounting.

Some knowledge of the practices and procedures of office management.

Ability to assemble, analyze, and prepare reports and statements of financial data.

Ability to analyze and interpret accounting records.

Ability to apply and adapt established accounting methods to a variety of accounting transactions and situations.

Ability to train and supervise a small non-professional staff.

Minimum Experience and Training: One year of professional accounting experience and graduation from a four year college or university, including or supplemented by 15 credits in accounting;

or

One year as a Fiscal Technician and 15 college credits in accounting;

or

Five years of bookkeeping experience; and 15 college credits in accounting.

Date Established or Last Revised

Class Specification - 1972

Commonwealth Equivalent PSG ST06