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Featured Employers
Accountant Advanced
Company: Maryland State Treasurer's Office
Location: Annapolis, MD
Employment Type: Full Time
Date Posted: 10/14/2021
Expire Date: 12/14/2021
Job Categories: Accounting/Auditing, Finance/Economics, Government and Policy
Job Description
Accountant Advanced
The Budget & Financial Administration Division of the State Treasurer’s Office is responsible for agency specific budget and accounting functions, accounting transactions related to the State Insurance Trust Fund & the Injured Workers' Insurance Fund, and other Statewide accounting functions. These Statewide accounting functions include processing time sensitive State Debt Service payments and quarterly payments under financial agreements related to the Master Lease programs as approved by the Debt Management Division. The Budget and Financial Management Division is also responsible for processing all agency requests for check reissues, stop payments and recoveries from the State's Unpresented and Undeliverable funds as approved by the Treasury Management Division.

This position is responsible for administering general accounting functions for the State Treasurer’s Office. Functions include routing and coding deposits and Treasury invoices; processing interagency accounting transactions including SITF, IWIF, and lease premium recoveries; monthly reconciliations of fund balances and accounting activity; biweekly payroll processing and submission; and preparing analytical support used in annual closing and budget preparation processes. This position is also responsible for processing $1.2 billion in annual debt service payments and $23.6 million in annual lease payments which are critical, time sensitive payments processed via Fedwire and are essential in the preservation of the state’s coveted AAA bond ratings. This position also reviews daily reports and ensures transactions keyed by the Division correctly post to the State’s general ledger. The incumbent also validates and submits agency biweekly regular and contractual payroll in the Statewide Personnel System (SPS). This is an advanced-level position that requires excellent accounting and analytical skills and is responsible for ensuring timely and accurate posting of accounting transactions processed within the department. The ideal candidate should be able to demonstrate proficiency in proofreading and attention to detail.
Qualifications & Requirements
MINIMUM QUALIFICATIONS (required):
Education: A Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing.
Experience: Three years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles.
Notes:
1. Candidates may substitute a Bachelor’s degree from an accredited college or university with thirty credit hours in Accounting and related courses, including or supplemented by three credit hours in auditing for the required education.
2. Applicants who have met the requirements for admission to the CPA examination prior to July 1, 1974 will be considered to have met the educational requirement referenced above.
3. Possession of a certificate as a Certified Public Accountant or a master's degree in accounting from an accredited college or university may be substituted for one year of the required experience.
4. Applicants may substitute one year of professional auditing experience for one year of the required experience.
5. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in the Accounting Officer classification or Financial Management specialty codes in the Accounting field of work on a year-for-year basis for the required experience and education.
SELECTIVE QUALIFICATIONS (required):
• One of the required years of experience must include payroll processing
PREFERRED QUALIFICATIONS (not required):
• Experience in accounts payable processing and general ledger account reconciliations
• Advanced skills in Excel
• State of Maryland accounting and/or R*STARS experience
• Governmental fund accounting experience
Contact Information
Contact Name: Michele Reid
Company Name: Maryland State Treasurer's Office
Phone Number: 410-260-7078
Fax Number: 410-260-4090
Contact Email: hr@treasurer.state.md.us
Website: https://www.jobapscloud.com/MD/sup/...
Company Description:
Constitutional and statutory provisions relating to the Office of the State Treasurer may be found in Articles I, III, V, VI, and XII of the Maryland Constitution, Title 5 of the State Government Article, and Titles 2 and 6 through 9 of the State Finance and Procurement Article. The Treasurer, in general, is responsible for receiving, depositing, investing, and distributing State money.
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