Position Summary
The Controller is responsible for overseeing the entire financial management and accounting systems for the Department of Commerce Shared Services including ACOM Cabinet, AEDC. Waterways, Aeronautics, and State Broadband Office. This position ensures the integrity and accuracy of all financial reporting, compliance with state and federal laws, and the effective allocation of state resources. The Controller directly reports to the Chief Fiscal Officer II and works closely with other senior leadership to ensure fiscal responsibility and transparency in state financial operations.
This position requires on-site employment with no remote or hybrid options available.
Job Responsibilities and Expected Results
Oversee all financial management and accounting activities including auditing, financial reporting, and compliance with regulations.
Direct the preparation of monthly, quarterly, and annual financial statements and ensure the accuracy and integrity of financial data.
Ensure compliance with all state and federal accounting standards, including the Generally Accepted Accounting Principles (GAAP), as well as government-specific regulations.
Coordinate with external auditors to prepare for and support the state’s annual audits, ensuring that all findings are addressed and that corrective actions are implemented. Lead the development and implementation of financial policies and procedures that align with state laws and best practices.
Supervise and mentor accounting staff, ensuring appropriate training and professional development. Provide financial analysis and recommendations to senior leadership for strategic decision-making.
Monitor and manage the state’s cash flow, ensuring that sufficient funds are available for operational needs. Lead the preparation and management of the department’s financial forecasts and ensure that spending aligns with the approved budget.
Serve as the primary liaison between the department and the Department of Finance and Administration and external stakeholders.
Position Information
Job Series: Public Relations – Competitive
Classification: Controller
Class Code: FAC10C
Pay Grade: SPC06
Salary Range: $94,537 - $139,915
Job Summary
The Controller is the highest-ranking financial officer within the state government and is responsible for overseeing the entire financial management and accounting systems for the state of Arkansas. This position ensures the integrity and accuracy of all financial reporting, compliance with state and federal laws, and the effective allocation of state resources. The Controller directly reports to the Director of Finance and Administration and works closely with other senior leadership to ensure fiscal responsibility and transparency in state financial operations.
Primary Responsibilities
Oversee all financial management and accounting activities for the state, including budgeting, auditing, financial reporting, and compliance with regulations.
Direct the preparation of monthly, quarterly, and annual financial statements and ensure the accuracy and integrity of financial data.
Ensure compliance with all state and federal accounting standards, including the Generally Accepted Accounting Principles (GAAP), as well as government-specific regulations.
Coordinate with external auditors to prepare for and support the state’s annual audits, ensuring that all findings are addressed and that corrective actions are implemented.
Lead the development and implementation of financial policies and procedures that align with state laws and best practices.
Supervise and mentor accounting staff, ensuring appropriate training and professional development.
Provide financial analysis and recommendations to senior leadership for strategic decision-making.
Monitor and manage the state’s cash flow, ensuring that sufficient funds are available for operational needs.
Lead the preparation and management of the state’s financial forecasts and ensure that spending aligns with the approved budget.
Serve as the primary liaison between the state’s financial office and state agencies, the legislature, and external stakeholders.
Knowledge and Skills
In-depth knowledge of governmental accounting principles, regulations, and financial reporting requirements.
Strong understanding of state and federal budgeting processes and compliance standards.
Exceptional leadership, management, and supervisory skills.
Advanced skills in financial analysis, forecasting, and strategic planning.
Strong attention to detail and the ability to ensure accuracy in financial reporting.
Expertise in using financial management software, accounting systems, and spreadsheets (e.g., PeopleSoft, Oracle).
Ability to collaborate effectively with senior leadership, government agencies, and external auditors.
Excellent communication skills, both verbal and written, for preparing reports, presenting findings, and interacting with stakeholders.
Extensive experience with financial systems, compliance, and audit processes.
Minimum Qualifications
A bachelor’s degree in accounting, finance, business administration, or a related field. A Certified Public Accountant (CPA) license is preferred. 5 years of progressively responsible experience in governmental accounting or financial management, with a minimum of three years in a leadership or supervisory role.
Licensure/Certifications
N/A
OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.
