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Financial Accountant I
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California Correctional Health Care Services
Sacramento, CA (In Person)
$101,286 Salary, Full-Time
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Job Description
Under the general direction of the Section Supervisor, a Financial Accountant II, the incumbent performs sensitive fiscal analysis associated with the State's total spending plan to ensure sufficient cash availability to meet the state's financial obligations, and makes recommendations to Executive management as to the need of implementing cash management strategies. The incumbent, operating at the professional financial accountant level, exercising a high degree of independence, and often serving in a lead capacity to other professional financial accounting staff, performs a variety of the most complex financial accounting and cash management duties. The incumbent prepares periodic and monthly financial reports in conformance with Generally Accepted Accounting Principles (GAAP), and governmental budgetary principles, practices and procedures of public finance and reporting requirements.
CalCareers.ca.gov. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below: Address for Mailing Application Packages You may submit your application and any applicable or required documents to:
CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position. Resume is optional. It may be included, but is not required. Degree and/or School Transcripts Statement of Qualifications - The Statement of Qualifications (SOQ) must be typed in Arial font, 12-point size, single-spaced, on 8.5" x 11" paper, one-inch margins, no more than two pages in length, indicate "Statement of Qualifications" at the top of the page, identify candidate's name on each page, and answer the following questions listed below. Resumes are not an acceptable substitute for the SOQ. Please describe your experience preparing or leading the preparation of complex financial accounting analyses and reports and communicating results to management or other stakeholders. Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting. Desirable Qualifications In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate: Knowledge of accounting principles and procedures Knowledge of the organization and functions of the State Controller's Office and California State Government Ability to interpret and apply laws, rules, standards, and procedures Ability to analyze data, draw sound conclusions, and make recommendations Ability to organize and establish workload priorities, work well under pressures, and exercise initiative and flexibility Organized in managing work and meeting deadlines with the ability to manage multiple priorities requiring quick turnaround times Excellent communication skills Ability to work effectively both independently and cooperatively with others Knowledge and experience with personal computers utilizing Microsoft Outlook, Word, Excel, Access, etc. Self-motivated, dependable, and a positive attitude Benefits Benefit information can be found on the CalHR website and the CalPERS website. Contact Information The Hiring Unit Contact is available to answer questions regarding the position or application process.
Duties Performed:
(Candidates must perform the following functions with or without reasonable accommodations.) Utilize various automated models to compile and evaluate the most complex data sets in order to build statistical models and accurate daily forecasts of General Fund cash flows of the State's General Fund revenues, expenditures, and available borrowable resources. Apply proposed budget changes, cash management solutions, and various trend analysis models to develop different cash flow scenarios. Analyze proposed and chaptered legislation and economic events to determine impact on the State's cash position and Bureau workload. Provide cash management recommendations to the Division and the SCO's Executive Office management. Monitor the cash position of the State's General Fund and make comparisons to estimates. Research significant variances to determine long-term impact on the cash forecasts. Maintain databases and reports of historical financial data for use in ongoing analysis. Reconcile the General Fund cash accounts and prepare the monthly Statement of General Fund Cash Receipts and Disbursements for publication in accordance with Generally Accepted Accounting Principles. Research and provide explanations for the changes and variances of actuals to estimates. Analyzing and preparing the Pooled Money Investment Board (PMIB) Forecast of Changes in Portfolio for each bi-monthly reporting period. Represent the SCO at PMIB meetings and present the Net Changes in the Investment Portfolio. Perform analysis and provide explanations for variances of actuals to estimates. Prepare forecasts of available borrowable resources by analyzing and evaluating the special fund cash receipts, disbursements, and daily cash balances. Determine trends in revenues and expenditures and monitor cash flow to ensure sufficient cash is available to meet the State's obligations. Prepare legal opinion requests and provide supporting documentation to the SCO's legal office to determine which Special Funds are legally borrowable to the General Fund for daily cash flow needs. Participate in Division level policy development and perform special assignments, as needed. Review and evaluate current process and procedure documents to develop new and/or revise existing processes and procedures. Assist in conducting ongoing risk assessments, monitor and verify adequacy of internal controls in compliance with the State Leadership Accountability Act. Participate in the agency's development of a new financial accounting system (FI$Cal) as a subject matter expert. Meet with the division's IT team, division management, and FI$Cal project team staff to discuss the replacement of the current financial accounting system. You will find additional information about the job in the Duty Statement . Working Conditions This position is located at The Park, a quaint and historical campus environment two blocks from McKinley Park, in the heart of residential East Sacramento. Easily accessible from US 50 and I-80, The Park offers free parking, quick walks to local restaurant favorites, and countless lunchtime strolling opportunities through the quiet East Sacramento neighborhood. This position is eligible for hybrid telework under California Government Code Section 14200 for eligible applicants residing in California. All telework schedules are subject to change and may be reevaluated at any time. Specific telework arrangements may be discussed in more detail with the respective hiring manager. Telework does not change the terms and conditions of employment, the essential functions of job duties, or required compliance with the State Controller's Office policies. In July 2025, the State of California implemented the Personal Leave Program (PLP) 2025. This program temporarily reduces employees' monthly base pay in exchange for paid leave credits. This position is subject to PLP 2025 and will have a monthly base pay reduction of 3% in exchange for 5 hours of leave credits through June 2027. The salary ranges shown on this job posting do not reflect the salary reduction. Minimum Requirements You will find the Minimum Requirements in the Class Specification.FINANCIAL ACCOUNTANT I
Additional Documents Job Application Package Checklist Duty Statement Position Details Job Code #:JC-521923
Position #(s): 051-420-4191-001Working Title:
Financial Accountant I Classification:
FINANCIAL ACCOUNTANT I
$7,529.00 - $9,352.00 New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable. # ofPositions:
1Work Location:
Sacramento County Telework:
Hybrid Job Type:
Permanent, Full Time Facility:
State Accounting and Reporting Division Department Information The Office of the State Controller (SCO) is the destination employer within the State of California. As California's chief fiscal officer, the Controller's Office ensures accountability and transparency of California's financial practices while promoting fairness and opportunity for all. Here, you'll work in a collaborative and supportive environment with diverse opportunities for professional growth and development. A career with the SCO offers meaningful work that directly impacts the state's future. The State Accounting and Reporting Division (SARD) of the California State Controller's Office plays a crucial role in ensuring the transparency, accuracy, and efficiency of the state's financial operations. As the backbone of California's financial reporting, SARD is responsible for preparing and publishing essential financial statements, overseeing the state's budgetary control, and providing vital fiscal information to policy decision-makers and the public. Working in this division means contributing to the financial stability and integrity of the fifth-largest economy in the world with opportunities to engage in meaningful work, learn from seasoned experts, and grow your career in public finance. Take the next step in your career with an organization that values innovation, integrity, and the well-being of its employees. Apply today and build a California where everyone thrives! Visit our website to learn more about the State Controller's Office. How did you hear about us? Take our survey! Special Requirements A copy of your degree, transcripts, or degree evaluation is required. A Statement of Qualifications is required; please see 'Required Application Package Documents' for instructions.Take the required examination here:
Financial Accountant I Examination Application Instructions Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.Final Filing Date:
7/1/2026 Who May Apply Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply. Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s). How To Apply Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at www.CalCareers.ca.gov. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below: Address for Mailing Application Packages You may submit your application and any applicable or required documents to:
State Controller's Office Human Resources Attn:
Human Resources Office, C.B. 300 Capitol Mall 3rd Floor, Ste 300 Sacramento , CA 95814 Address for Drop-Off Application Packages You may drop off your application and any applicable or required documents at:State Controller's Office Human Resources Attn:
Human Resources Office, C.B. 300 Capitol Mall 3rd Floor, Ste 300 Sacramento , CA 95814 Applications dropped off in person must be received by 5 p.m. in HR, by the final filing date. 08:00 AM - 05:00 PM Required Application Package Documents The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job: Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position. Resume is optional. It may be included, but is not required. Degree and/or School Transcripts Statement of Qualifications - The Statement of Qualifications (SOQ) must be typed in Arial font, 12-point size, single-spaced, on 8.5" x 11" paper, one-inch margins, no more than two pages in length, indicate "Statement of Qualifications" at the top of the page, identify candidate's name on each page, and answer the following questions listed below. Resumes are not an acceptable substitute for the SOQ. Please describe your experience preparing or leading the preparation of complex financial accounting analyses and reports and communicating results to management or other stakeholders. Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting. Desirable Qualifications In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate: Knowledge of accounting principles and procedures Knowledge of the organization and functions of the State Controller's Office and California State Government Ability to interpret and apply laws, rules, standards, and procedures Ability to analyze data, draw sound conclusions, and make recommendations Ability to organize and establish workload priorities, work well under pressures, and exercise initiative and flexibility Organized in managing work and meeting deadlines with the ability to manage multiple priorities requiring quick turnaround times Excellent communication skills Ability to work effectively both independently and cooperatively with others Knowledge and experience with personal computers utilizing Microsoft Outlook, Word, Excel, Access, etc. Self-motivated, dependable, and a positive attitude Benefits Benefit information can be found on the CalHR website and the CalPERS website. Contact Information The Hiring Unit Contact is available to answer questions regarding the position or application process.