Financial Specialist, Principal - ITD Posting Begin Date: 2025/07/23 Posting End Date: 2025/08/06 Category: Accounting and Finance Sub Category: Transportation Work Type: Full Time Location: Boise, ID, United States Minimum Salary: 32.97 Maximum Salary: 37.09 Pay Rate Type: Hourly Description State of Idaho Idaho Transportation Department NOTICE: Applications will be accepted through 4:59 PM MST on the posting end date. STATE OF IDAHO EMPLOYEES: If you are a current or temporary State of Idaho employee you MUST apply through Luma Opportunities. Applying through the State of Idaho’s external career website will cause duplicate profiles and will slow the processing of your application for a new position. Do you want to make a difference and be part of an award-winning agency, dedicated to enhancing the quality of life in Idaho through transportation? At the Idaho Transportation Department (ITD), every employee is critical to the mission, and we strive to foster an innovative, collaborative workplace where employees can grow and do their best work. The Idaho Transportation Department (ITD) is seeking an experienced and dynamicFinancial Specialist, Principal located in our Headquarters in Boise, Idahoto provide leadership, guidance, and expert-level support across all areas of Financial Services. This role serves as a key financial resource and backup to Financial Managers, ensuring continuity of operations and adherence to accounting standards. The ideal candidate will act as the department-wide subject matter expert in Accounts Payable, General Ledger, Project Accounting, Budget, Revenue Operations, and more, while regularly interfacing with both internal and external stakeholders. NOTICE: This position requires a background investigation before a final job offer is made. EXAMPLE OF DUTIES + Provide program oversight and expert guidance for Financial Services within the Admin group + Serve as subject matter expert in key accounting areas including Accounts Payable, General Ledger, Project Accounting, Budget, and Revenue Operations + Support and provide backup leadership for Financial Managers across multiple teams + Monitor and enforce consistent application of financial policies and best practices statewide + Prepare and reconcile financial statements, charts of accounts, and internal/external reports + Process vendor payments, employee reimbursements, interagency payments, and purchasing card transactions + Coordinate federal and state audit responses; ensure compliance with TECM and GARVEE bond program requirements + Perform Advantage and LUMA financial system reconciliations; maintain knowledge of GAAP and GASB standards + Support year-end financial reporting, including ACFR GAAP closing packages for the State Controller’s Office + Provide financial decision support and analysis for executive leadership and the ITD Board + Collaborate with various state and federal agencies including FHWA, LSO, SCO, DFM, MPOs, and local highway districts MINIMUM QUALIFICATIONS Good knowledge of: + Accounting principles and practices Experience: + Using personal computers to develop, analyze, and report on financial data + Monitoring/reviewing internal financial controls + Resolving technical accounting, auditing, or budgeting problems + Preparing financial documents for management review + Analyzing financial activities and recommending or implementing management actions PREFERED QUALIFICATIONS + Bachelor’s degree in accounting, Finance, or related field with a minimum of 20 hours of accounting and three years' experience in financial reporting and a working knowledge of generally accepted accounting principles + Ability to establish a clear vision for tasks within the position’s responsibility and guide staff towards efficient implementation + Able to effectively communicate both orally and in writing + Experience leading a team to collaboratively solve problems + Experience in implementing businesses process improvements + Strong written and verbal communication skills + Perform financial analysis using 4th generation query tools (e.g., Business Objects, SAP, Cognos) + Evaluate financial systems, prepare reports of findings, recommend actions, and implement changes + Use accounting theory and practice ensuring adherence to GAAP and Governmental Accounting Standards + Experience gathering data from multiple financial systems, analyzing data, integrating data, and validating data for accuracy and developing reports/inquiries to aid with process improvements and making informed business decisions To learn more about the department, please visit the ITD website (https://itd.idaho.gov/) . Make a difference in your community and in the lives of the citizens of Idaho! Contact an ITD Recruiter at: [email protected] or call 208-334-8664. The Idaho Transportation Department does not sponsor work visas. The State of Idaho offers a robust total compensation package, including medical, vision, and dental insurance; PERSI retirement benefits; paid sick, vacation, and parental leave; and 11 paid holidays per year. For additional information, please visit https://dhr.idaho.gov/information-for-state-employees/ . 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 [email protected] . Preference may be given to veterans who qualify under state and federal laws and regulations.