Financial Technician

Summary

This position supports the financial management and operations for Fleet and Family Readiness (N9) programs including; Morale, Welfare and Recreation (MWR) and Child and Youth Programs (CYP). The primary purpose of this position is to perform all aspects of financial management for assigned programs by accomplishing a wide variety of assignments concerned with effective management of program resources.

Duties

Reconcile detailed listings or reports from System Application and Products (SAP) enterprise automated accounting system and other automated accounting systems of outstanding transactions to control accounts. Employee reconciles subsidiary ledgers to general ledgers performing account adjustment and researching discrepancies between accounts and cost center. Reconciliation includes review, research, and tracking of numerous suspense listings for direct and reimbursable accounts. This work requires a broad knowledge of, accounting codes, classifications and terminology and the ability to apply various methods and techniques.
Validate, monitor, control, and maintain accounting transactions and accounting records for multiple general ledger accounts by implementing principles of accounting and double entry book keeping. The employee reviews and approves and authorize a variety of documents ensuring they are in accordance with Navy regulations and charged to applicable account. Knowledge of procedures and regulations to examine invoices, purchase orders, contract and procurement instruction, vouchers and related documents is required. Answer request for information and respond to inquiries for technical assistance.

Research discrepancies between accounts, historical data, and source documents to prepare reports and/or provide information on status of funds. Incumbent applies methodologies in order to reconcile prepaid general ledger accounts such as analyzing cost centers, amounts, posting date and posting period.

Verify the accuracy of cash items and cash processing procedures in support of the receipt disbursement, examination of checks in US dollars and Local Currency, validating bank and money order details for each vendor to ensure accurate posting to the authorized accounting system.

Perform monthly reconciliation for accounts serviced to assure that the basic accounting data and the computerized and manual reports are in balance.

Performs technician work in support of budget analysis and administration such compiling, consolidating, checking and arranging funding data. Work requires understanding and skill in the application of administrative rules, regulations and procedures associated with records, presorting, processing, and keeping track of budgetary transactions are required.

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