State of Oregon is hiring: Debt Accountant (Accountant 2) in Salem
State of Oregon, Salem, OR, US, 97304
Debt Accountant (Accountant 2)
Business Oregon, the state's economic development agency, is currently hiring a Debt Accountant (Accountant 2). This position will provide technical expertise and reconcile treasury and lottery bond accounts and is the primary accountant for Brownfields, Seismic, and miscellaneous Infrastructure programs.
Note: We are committed to fostering a supportive work environment that promotes work-life balance and flexibility. This hybrid role offers remote work options, with the expectation of an occasional in-office presence as needed to support business operations.
What you will do:
- Develop and maintain a tracker to show the future debt service payments for each type of debt issuance.
- Prepare the department's financial information related to outstanding debt for the inclusion in the State of Oregon Annual Comprehensive Financial Reporting (ACFR).
- Ensure the completeness and accuracy of the ACFR to comply with Governmental Accounting Standards Board (GASB) and Generally Accepted Accounting Principles (GAAP) pronouncements.
- Prepare debt disclosure papers, supporting schedules, adjusting, and closing entries related to debt.
- Assist the Secretary of State's Audit Division with their financial statement audit of the SPWF and WWF. Be the agency's point of contact with the financial statement audit.
- Advises, reviews, and performs all functions of R*Stars, including troubleshooting, setting up new procedures, and analyzing reports.
- Ensure that the agency is in compliance with Internal Revenue Service
The ideal candidate will possess a combination of some or all the following skills:
- Experience with, or knowledge of, State of Oregon software or other financial management software systems specifically Statewide Financial Management Application (SFMA) and Oracle Business Intelligence (OBIEE).
- Proficiency in analyzing large sets of financial data to reach valid conclusions and make sound recommendations.
- Experience utilizing Excel software to create displays of financial information that is clear, accurate and meets the needs of a variety of audiences.
- Experience preparing disbursements, receipts, transfers, and adjusting entries.
- Experience creating and reviewing accounting transactions to ensure conformance with generally accepted accounting principles.
What you need to qualify:
Possession of a Certified Public Accountant or Certified Government Financial Manager certificate AND two years of accounting experience equivalent to Accountant 1 work to include setting-up ledgers, account codes and controls, and modifying accounting systems
OR
A bachelor's degree in accounting, or in any discipline that includes or is supplemented by 32 quarter (21 semester) credit hours from an accredited institution in Accounting AND two years of accounting experience equivalent to Accountant 1 work to include setting-up ledgers, account codes and controls, and modifying accounting systems
OR
32 quarter (21 semester) credit hours from an accredited institution in Accounting AND four years of related accounting experience to include:
- classifying, analyzing, and reconciling financial data and records
- designing, recommending, and installing modifications of accounting methods, procedures, forms, and records
- preparing financial statements and reports
- analyzing and interpreting laws, regulations, codes, and ordinances to ensure the legality of financial transactions
- analyzing, interpreting, and making recommendations related to accounting transactions, accounts, and account relationships resulting in accounting entries.
Note: 15 quarter (10 semester) graduate-level accounting credit hours may substitute for one year of accounting experience. Graduate-level courses used to satisfy the educational requirement may not be used to satisfy the experience requirement.
Business Oregon strives to create an inclusive environment that welcomes and values the diversity of the people we serve. We foster fairness, equity, and inclusion to create a workplace environment where everyone is treated with respect and dignity. Studies have shown that women and people of color are less likely to apply for jobs unless they meet every one of the qualifications listed. We are most interested in finding the best candidate for the job, and that candidate may be one who comes from a less traditional background. We encourage you to apply, even if you don't meet every one of our qualifications listed. If you are unsure whether you meet the qualifications of this position, feel free to contact us to discuss your application.
Business Oregon is the economic development agency for the state of Oregon. We have about 200 people on our team, and we work with communities and businesses. We use our programs and expertise to help businesses grow, so they can in turn add jobs, diversify the economy, and increase Oregon prosperity. We work with communities to enhance and expand infrastructure and community safety with projects such as water/wastewater systems, seismic rehabilitation for schools, or rural broadband development. This also sets the stage for future business development. Our mission is to invest in Oregon's businesses, communities, and people to promote a globally competitive, diverse, and inclusive economy, all carried out with an agency strategic plan.
The mission of Business Oregon is to enable the creation, retention, expansion and attraction of businesses that provide sustainable living wage jobs for Oregonians through public-private partnerships and leveraged funding and to support economic opportunities for Oregon companies and entrepreneurs.
Fiscal & Budget Services (FABS) has eleven positions. The division provides financial, procurement, and budgetary services for the department. FABS is responsible for the oversight & management of the department's $2 billion budget and ensuring compliance with all legal & reporting requirements. It supports all other divisions in the department in delivering services to Oregon companies, business and industry groups and communities.
How to Apply:
Applications must be submitted no later than 11:59 PM PST on 9/23/2025.
- If you are a current State of Oregon employee, you must apply through your employee Workday account through Jobs Hub.
- Click the "Apply" button above to complete your online application.
- Attach your current cover letter and resume. Failure to submit the required resume and cover letter may remove your application from consideration. Clearly demonstrate in your cover letter how you meet all the minimum qualifications and requested skills listed above.
- Your resume and cover letter can be attached at the start of the Workday application process or at the conclusion.
- Complete the questionnaire. Warning Workday will timeout due to inactivity and will not save your application progress unless you use the "save for later" function. If you need to take a break, please be sure to click the save for later button to save your progress.
- Be sure to check Workday and your email for additional tasks and updates. After submitting, there may be additional required tasks for you to complete prior to the announcement closing.
- The candidates whose work experience most closely matches the qualifications and skills of this position will be invited to an interview.
What's in it for You:
- Family Friendly Work Life Balance: Paid time off, 11 holidays, 3 personal days & optional short- and long-term disability benefits.
- Take Care of Yourself and Your Family: Comprehensive employee benefits, choice of medical plans, vision plan, life insurance, employee assistance program.
- Invest in Your Future: Pension plan, deferred comp, short- and long-term disability plan, flexible spending accounts for healthcare and dependent care.
- Be Appreciated: Employee recognition events, agency unique employee recognition program allowing for additional leave options such as vacation buy-out and sick leave roll-over, dynamic employees doing impactful work.
- Inclusion: At Business Oregon, we value community and foster a sense of belonging for our employees.
Additional Information:
- The state of Oregon does not request or require your age, date of birth, attendance or graduation dates from an educational institution during the application process.
- Per the Pay Equity Law passed in 2017, a pay equity analysis will be conducted to determine what pay step the successful candidate will be offered. The analysis will be based on the relevant experience, education, training, and certifications documented in the application materials.
- It is our policy to provide reasonable accommodation for all applicants who may need them. Should you need assistance, or an accommodation please contact Lies Wattimena at Lies.Wattimena@biz.oregon.gov to discuss how we can best meet your needs.
- Veterans' Preference - Eligible veterans who meet the qualifications will be given veterans' preference. If you checked that you are a veteran, we will ask you for your documents later in the process. Click on the Veterans' Preference link for additional information.
- Criminal Records Check - Hiring of the successful candidate will be contingent upon the results of a Criminal Background Check. Adverse background data may be grounds for immediate disqualification.
- Work Authorization