Financial Reporting Analyst

VCCS-System Office

$90K — $95K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field required.
  • 5-7 years of experience in financial reporting and analysis.
  • In-depth knowledge of GAAP and governmental accounting standards required.
  • Experience with complex financial systems like PeopleSoft or Oracle is preferred.
  • CPA or CPA candidate status is a plus.

Responsibilities

  • Assist in planning and coordinating annual financial reporting processes.
  • Verify compliance with GASB, NACUBO, and AICPA requirements.
  • Analyze and evaluate management recommendations from internal and external audits.
  • Assess internal controls within the VCCS framework.
  • Implement policies and procedures to ensure proper reporting compliance.

Benefits

  • Full-time position with standard 8am-5pm schedule.
  • Telework options available based on business needs.
  • Customer service-focused environment with opportunities for teamwork.
  • Engagement in state and local government projects when needed.
  • Support for inclusive hiring practices and accommodations for applicants with disabilities.
Full Job Description
Posting Details

Posting Summary

Working Title
Financial Reporting Analyst

Role Title
Finan Svcs Spec II

Role Code
19032-SW

FLSA
Exempt

Pay Band
05

Position Number
26100163

Agency
VCCS-System Office

Division
System Office (Div)

Work Location
Richmond (City) - 760

Hiring Range
$90,000 - $95,000

Emergency/Essential Personnel
Yes

EEO Category
2-Professionals

Full Time or Part Time
Full Time

Does this position have telework options? -Telework options are subject to change based on business needs-
Yes

Does this position have a bilingual or multilingual skill requirement or preference?
No

Work Schedule

8am - 5pm Monday through Friday or as needed.

Sensitive Position
No

Job Description

Assist with planning and coordination of the annual financial reporting preparation and verification process to ensure compliance with financial reporting requirements as promulgated by the Governmental Accounting Standards Board (GASB), the National Association of College and University Business Officers (NACUBO) and the American Institute of Certified Public Accountants (AICPA). Analyzes and evaluates management recommendations of external and internal audit reports to determine issues and deficiencies underlying the recommendations and evaluates and approves college responses to management recommendations. Analyzes and evaluates internal controls of the VCCS. Ensures that the VCCS Chart of Accounts supports internal and external reporting requirements. Conceptualizes, formulates, and implements policies, procedures and methodologies to ensure conformance with all reporting requirements.

Special Assignments

May be required to perform other duties as assigned. May be required to assist the agency or state government generally in the event of an emergency declaration by the Governor.

KSA's/Required Qualifications

Knowledge
  • In-depth knowledge of generally accepted accounting principles, practices, and governmental accounting standards
  • Working knowledge of complex automated financial systems, such as PeopleSoft or other Oracle-based programs
  • Financial statement preparation experience
  • General knowledge of higher education and applicable federal and state guidelines
  • Knowledge of federal programs including federal cash management standards

Skills
  • Intermediate knowledge of MS Excel and Word
  • Excellent communication skills, both oral and written
  • Excellent customer service skills

Abilities
  • Analyze financial data
  • Prepare accounting entries
  • Prepare budget-specific journal entries
  • Reconcile accounts and assist colleges with reconciliation questions
  • Prepare financial statement footnotes, journal entries, and provide general assistance with our Annual Comprehensive Financial Report (ACFR).
  • Demonstrated ability to interpret administrative policies and procedures, exercise independent judgment, and make sound business decisions
  • Demonstrated ability to effectively manage time and work on multiple assignments
  • Demonstrated ability to work well with various levels of management and staff in a diverse and decentralized environment
  • Demonstrated ability to troubleshoot to resolve problems
  • Work effectively in a team environment
  • Work independently


A combination of relevant experience and education typically obtained through completion of a bachelor's degree that provides the required level of knowledge, skills, and abilities to successfully perform the functions of the job.

Additional Considerations

Working knowledge of PeopleSoft or Cardinal accounting systems

Preparing consolidated financial statements

Higher education or state or local government general accounting experience

CPA or CPA candidate

Operation of a State Vehicle
Yes

Supervises Employees
No

Required Travel

Travel may be required.

Posting Detail Information

Posting Number
CLS_4501P

Recruitment Type
General Public - G

Number of Vacancies
1

Position End Date (if temporary)

Job Open Date
06/05/2026

Job Close Date
06/19/2026

Open Until Filled
No

Agency Website
https://www.vccs.edu/

Contact Name
Patsy Rose

Email
[email protected]

Phone Number
8048194938

Special Instructions to Applicants

In support of the Commonwealth's commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth's Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly called a Certificate of Disability) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans may also apply via the AHP if they also provide an AHP Letter. To request an AHP Letter, use this link: https://www.dars.virginia.gov/drs/cpid/PWContact.aspx or call DARS at 800-552-5019, or DBVI at 800-622-2155

Quicklink for Posting
https://jobs.vccs.edu/postings/96786

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