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.
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.
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
LIMITATIONS ON SELECTION: Applicants must be willing to work in the Annapolis area.
SELECTION PROCESS: Applicants who meet the minimum qualifications will be admitted to examination for this classification. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the employment (eligible) list for at least one year. Only those individuals whose applications reflect the necessary education and experience will be considered, so please describe all relevant experience and education in detail.
Job opportunities within the Maryland State Treasurer’s Office are accessible through JobAps, the Statewide Recruitment, Examination and Applicant Tracking System. By using the Department filter and highlighting “Office of the Treasurer,” you can view all active recruitments within our agency.
First time users can register for an account by selecting a position to apply for, choosing “I am
a new user” at the bottom, then keying in the necessary fields. Visit www.jobaps.com/md to apply.
Please upload a current resume’ for this recruitment. Applicants must pass a background investigation to include criminal, credit and driving history. General Questions for this recruitment can be directed to the
STO Personnel Office at 410-260-7078.
Electronic application is STRONGLY encouraged. If you do not have access to the Internet and need to fill out a paper application, please forward to: Maryland State Treasurer’s Office, 80 Calvert Street, Room 109, Annapolis, Maryland 21401, Attn: Human Resources or FAX: 410-260-4090.