South Carolina Education Lottery · 4 hours ago
Accounting Manager
The South Carolina Education Lottery is responsible for overseeing lottery operations, and they are seeking an Accounting Manager to oversee daily accounting functions and ensure compliance with applicable laws and GAAP. This role includes managing accounting operations, supervising staff, and supporting financial reporting and analysis.
Entertainment Providers
Responsibilities
Manage and oversee SCEL’s accounting operations, including general ledger, accounts payable, accounts receivable, cash management, and related financial activities
Ensure accurate, timely, and compliant financial transactions and records in accordance with GAAP, state statutes, administrative rules, and internal policies
Review and approve journal entries, reconciliations, and financial adjustments
Oversee month-end and year-end closing processes, ensuring deadlines are met and reports are accurate
Perform cash forecasting and effectuate transfers of funds to the Education Lottery Account, and prepares various wire payments to vendors, retailers, and governmental agencies
Assist the SCEL Claims Center with reconciling, cancelling and reissuing prizes to paid winners
Provide direct supervision, guidance, and performance management for Accounts Payable and Accounts Receivable staff, to include support through training, coaching and performance feedback
Establish work priorities, review workload distribution, and ensure adequate internal controls within AP and AR functions
Prepare, review, and analyze financial statements, schedules, and reports
Coordinate with both internal and external auditors to ensure compliance with Lottery statute and GAAP
Conduct financial analysis to support management decision-making and identify trends, risks, or areas for improvement
Prepare and assist with reports to be presented to the SCEL Board of Commissioners
Assist the Director of Finance with higher-level financial activities, to include participation in budget development, monitoring, and variance analysis
Contribute to the development, implementation, and interpretation of accounting policies, procedures, and internal controls
Ensure compliance with state and federal regulations and internal control standards
Identify opportunities to improve accounting processes, systems, and controls; recommend and implement enhancements
Support financial system upgrades, implementations, or process automation initiatives as needed
Qualification
Required
A bachelor's degree in accounting, Finance, Business Administration, or a related field
A minimum of 3-5 years of progressively responsible accounting experience, preferably in a governmental or public sector environment
CPA, CGFM, or other relevant professional certification is required
Thorough knowledge of governmental accounting principles, GAAP, and state financial regulations
Strong supervisory and leadership skills with the ability to manage and develop staff
Advanced analytical and problem-solving skills
Work collaboratively at all levels within the organization
Ability to prepare and interpret complex financial reports and data
Strong written and verbal communication skills, including the ability to explain financial information to non-financial stakeholders
Proficiency in financial management systems, accounting software, and Microsoft Office applications (especially Excel)
Company
South Carolina Education Lottery
The South Carolina Education Lottery's mission is to enhance educational funding in South Carolina, through the fun, entertaining, and socially acceptable games and products offered to adults.