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Financial Specialist Principal

Idaho Department of Health and Welfare
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DEDICATED TO STRENGTHENING THE HEALTH, SAFETY, AND INDEPENDENCE OF IDAHOANS

 

*THIS ANNOUNCEMENT WILL BE OPEN UNTIL FILLED. APPLICANTS ARE ENCOURAGED TO APPLY AS SOON AS POSSIBLE TO BE CONSIDERED.*

 

Join our team of accounting professionals! The Idaho Department of Health and Welfare's Rural Health Transformation Program is hiring a full-time, limited-service, Financial Specialist Principal whose primary responsibilities include supervising annual budget preparation, budget distribution, quarterly budget reviews, financial management support, review of grant applications, and preparation of expenditure adjustments. Excellent analytical skills, a strong attention to details, a desire to learn, and the ability to develop good working relationships are essential. This position requires a creative, solution-focused, customer service driven, and energetic business professional. This position will supervise two financial specialist seniors.

This position will be located in downtown Boise.

This position is not eligible for telework.

This is a limited-service position. Length of limited-service appointments are determined by the availability of funds such as grants, alternative funding sources and/or timeframes such as pilot projects, alternative funding sources or program termination.

 

BENEFITS:

The State of Idaho offers a robust total compensation and benefits package, including but not limited to:

 

Additional information related to benefits and/or State programs can be found here: https://dhr.idaho.gov/StateEmployees/Benefits.html.* 

EXAMPLE OF DUTIES:

 

  • Lead, mentor, and develop a high-performing team.
  • Financial Operations & Compliance: Process AP, cash ledger, contract payments, refunds, and replacement warrants. Review invoices and supporting documentation for accuracy, proper coding, compliance with State, DHW, and GASB standards, and alignment with contract terms. Enter verified transactions into LUMA for approval and payment.
  • Budget Development & Monitoring: Prepare personnel worksheets, calculate salaries, verify appropriations, and coordinate supplemental decision units. Support all phases of the State budget process. Monitor expenditures, perform variance analysis, reconcile appropriations to actuals, prepare monthly/quarterly reports, and ensure compliance with state and federal regulations.
  • Grant & Cash Management: Manage the Rural Health Transformation Project Grant, including application review, expenditure adjustments, reporting, reconciliations, and federal reporting. Forecast cash needs, monitor balances, manage grant overpayment's, process federal draws, and track cash receipts.
  • Communication & Training: Research inquiries, resolve invoice discrepancies, support audits/public records requests, and train staff on proper coding and invoice processing. Provide guidance on LUMA AR, AP, GL, and related functions.
  • Records & Coordination: Maintain SharePoint documentation, distribute financial reports, serve as liaison to program staff, and perform other duties as assigned.

 

MINIMUM QUALIFICATIONS:

You must possess all the minimum qualifications below to pass the exam for this position. Please make sure your resume or work history supports your meeting the minimum qualifications for this position. Failure to do this may disqualify you from being considered for this position. It is highly recommended to attach a one-page cover letter to your application to demonstrate how you meet the requirements below.

 

  • Good knowledge of accounting principles and practices. Typically requires four or more years of professional work experience as an accountant or equivalent applying Generally Accepted Accounting Principles (GAAP) OR an Associate's degree in Accounting AND at least two years of professional work experience such as an accountant or equivalent OR a Bachelor's degree or higher that includes 20 semester hours, or equivalent college coursework in Accounting OR four or more years of professional work experience as an accountant, or equivalent, applying Generally Accepted Accounting Principles (GAAP) AND at least 12 semester credits in Accounting, to include Intermediate Accounting I and II.
  • Good knowledge of supervisory practices. Typically requires at least one year of experience performing as a supervisor which required work assignment, direction, and monitoring staff with responsibility (or significant input) into the hiring of employees, preparing performance evaluations, and handling problem-solving procedures OR 8 hours of courses or seminars specifically covering supervisory practices PLUS at least 6 months experience performing as a full supervisor OR completion of 6 college credit hours of courses or seminars covering the essential elements of management (planning, organizing, leading and controlling).
  • Experience using personal computers to develop, analyze, and report on financial data. Typically requires two or more years of work experience where using a personal computer to develop, analyze, and report on financial data/documents was a regularly assigned job duty.
  • Experience monitoring/reviewing internal financial controls. Typically requires at least one year of professional level experience monitoring/reviewing internal financial controls.
  • Experience resolving technical accounting, auditing, or budgeting problems. Typically requires at least one year of professional level experience resolving technical accounting, auditing, and/or budgeting problems.
  • Experience preparing financial documents for management review. Typically requires one or more years of full-time work experience preparing financial documents for management review.
     
  • Experience analyzing financial activities and recommending or implementing management actions. Typically requires one or more years of full-time work experience independently analyzing financial activities and recommending management action as a regularly assigned job duty.

Below is preferred experience. It is not required for the position but applicants with this experience may receive consideration over other applicants.

 

  • Expertise in Excel. Typically gained by a minimum of 3 years' practical application. 
  • Governmental accounting experience and knowledge of federal funding sources. Typically gained by at least one year of related full-time work experience. 

 

Learn About a Career with DHW

If relocating to Idaho, the Department of Health & Welfare does not reimburse the cost of relocating and the department does not sponsor anyone with a work visa.

***PLEASE NOTE: application assistance is not available after the business hours listed below, on the weekends, or on holidays and you must apply before 4:59 pm on the closing date. When applying, use CHROME as your browser to avoid complications.

 

If you have questions, please contact us at:

Email is the quickest way to get an answer to your questions.

(answered Monday through Friday during business hours MST)

EMAIL: dhwjobs@dhw.idaho.gov 

PHONE: (208) 334-0681

EEO/ADA/Veteran:

 

The State of Idaho is committed to providing equal employment opportunities and prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities and prohibit discrimination against all individuals based on their race, color, religion, political affiliation or belief, sex, national origin, genetics, or any other status protected under applicable federal, state, or local laws.

The State of Idaho is committed to access and reasonable accommodations for individuals with disabilities, auxiliary aids and services are available upon request. If you require an accommodation at any step in our recruitment process, you are encouraged to contact (208) 334-2263 (TTY/TTD: 711), or email ada.coordinator@dhr.idaho.gov.

 

 

Preference may be given to veterans who qualify under state and federal laws and regulations.