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The Business and Commercial Services division provides a wide range of services to individuals and companies who conduct business within Arkansas, whether they’re based inside the state or elsewhere. The BCS division combines several departments under one convenient umbrella to streamline customer service.
Responsibilities that fall directly under the chief financial officer include: ▪ Overseeing the state`s accounting and auditing functions, including review of state contracts and safeguarding unclaimed property. ▪ Monitoring the investment of state funds and managing the deferred compensation program for state employees. ▪ Investigating fraud, including identity theft and insurance fraud. ▪ Overseeing cemeteries and funeral homes that sell pre-need contracts. ▪ Licensing and oversight of insurance agents and agencies. ▪ Ensuring businesses have workers` compensation coverage in place for employees and helping injured workers with benefit payments and re-employment. ▪ As state fire marshal, investigating fires and suppressing arson.
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