Fiscal Analyst

Description

Are you a natural leader with exceptional critical thinking skills and a strong background in accounting? Are you excited about the opportunity to guide and motivate a small team of accounting professionals responsible for the accurate and efficient handling of the agency‘s deposit, cash flow, and reconciliation processes? And would you thrive working in a culture of diversity, inclusion, accessibility and belonging? If your answers are Yes, the role of Cash Receipting Manager - Fiscal Analyst 5 at the Department of Retirement Systems may be the ideal opportunity for you

Duties

This recruitment will remain open until filled. Applicants who apply prior to November 24, 2024, will get first consideration. The hiring manager reserves the right to make a hiring decision at any time during the recruitment process.

The Opportunity: We are searching for a Cash Receipting Manager to provide expertise, support, guidance and leadership to an accounting team responsible for cash receipting activities, including balancing and reconciling pension funds and cash flow calculations and projections. Some of what you‘ll do includes:

• Hiring, training, directing, and evaluating professional accounting staff. This will include conducting performance appraisals, one-on-one coaching, and recognition.
• Planning, organizing, directing, and leading the activities and workload of the accounting team to ensure accurate, efficient, and timely performance.
• Providing expertise direction for all the agency‘s cash receipting activities.
• Developing, analyzing, and revising overall procedures and schedules to meet changing requirements/workloads.
• Ensuring the balancing and reconciliation of pension funds on a daily, monthly, annual basis.
• Responsible for cash flow calculations and projections including changes in contribution rates and benefit payments due to legislation and COLAs, or other factors including other sources of funding.
• Analyzing and interpreting the impact of state and agency rules, regulations, and policies to determine if any changes or enhancements are needed to ensure systems and processes related to the cash processes remain fully compliant.

NOTE: After successful completion of the review period and effectively demonstrating the ability to perform work independently, you may be eligible to telework up to two (2) days per week, at the discretion of the Appointing Authority and with a telework agreement in place. The ability to work remotely is dependent on the nature of the tasks and projects assigned and the presence of a remote work environment that is safe and has an appropriate level of reliable connectivity. You must live within a reasonable commuting distance (less than 50 straight-line miles) to the DRS building in Tumwater, WA, and must be willing to adjust your telework schedule to attend mandatory meetings, trainings, etc., at the DRS facility.

Qualifications

What we‘re looking for (required qualifications):
Proven ability and experience in:

• Demonstrated expertise and progressively responsible experience in processing, reconciling, and balancing cash receipts, and accounting records; This is typically gained through at least four (4) years of professional experience; a bachelor‘s degree (including 18 quarter or 12 semester hours in accounting) may substitute for up to two years of experience; and
  
• Proven experience demonstrating supportive and engaged leadership behaviors in a professional work environment (e.g., training, coordinating, relationship building, coaching, motivating, demonstrating accountability, etc.); and

• Demonstrated Ability to;

  • Prepare cash flow projections, fiscal year closings, financial or statistical reports.
  • Prepare, reconcile, and analyze worksheets, reports, and data.
  • Reconcile and research general ledger accounts and subsidiary ledgers to general ledgers.
  • Understand, interpret, and apply complex financial/accounting practices, requirements, and regulations.
  • Utilize Microsoft Office Suite (Word, Excel, Outlook, Access, or similar software) to develop complex documents in support of program requirements; and
    
    
• Demonstrated proficiency in the following competency areas:

Analysis: Studies and reviews documents and information closely; readily identifies information that is not pertinent and understands when additional or verifying data is needed. Uses data and information in a clear and rational thought process to assess and understand issues, evaluate option, form accurate conclusions, and make recommendations or decisions.

Leading Others: Provides for and fosters a work environment that emphasizes the coaching, development, motivation, recognition, and accountability of others. Sets clear goals and expectations, delegates work appropriately and demonstrates the courage to address performance problems and issues promptly. Treats team members equitably.

Managing Workloads: Effectively organizes and prioritizes multiple, complex assignments, often involving competing priorities, to produce work products that are accurate, thorough, and on-time. Able to incorporate project work into established workload and meet deadlines.

Problem Solving: Analyzes problems to identify the root cause. Evaluates possible courses of action; uses reason, logic, and creativity to reach conclusions. Develops timely, effective solutions that take into consideration alternatives, risks, and consequences in relation to organizational goals, resources, and constraints.

Results Orientation/Initiative: Focuses on results and desired outcomes and how best to achieve them. Identifies what needs to be done and proactively does it before being asked to or required by the situation. Takes on responsibilities and challenges; plans ahead for upcoming problems or opportunities and takes appropriate action.

Teaching and Training: Effectively communicates information for the purpose of having others learn, understand, and apply specific principles, techniques, or information.

Commitment to Diversity
Recognizes the value of diversity. Helps create an environment that embraces and supports diversity, equity and inclusion.

The following skills are not required but will set you apart:

• Proven experience providing supportive and engaged leadership for a high performing team, including setting goals and expectations, providing effective direction and feedback, promptly addressing issues, and conducting timely performance appraisals.
• Demonstrated knowledge of, and experience with, of Generally Accepted Accounting Principles (GAAP).
• Demonstrated knowledge of, and experience with, WA state‘s Agency Financial Reporting System (AFRS).
• Demonstrated knowledge of, and experience with, with DRS‘ Pension System‘s Accounting Structure.
• Demonstrated knowledge of, and experience with, WA state‘s Accounting and Administration Manual (SAAM).

Supplemental Information

Be sure to read this entire section - We promise, it‘ll be helpful
To be considered, be sure to attach the following to your online application:

• A cover letter clearly describing how your knowledge, skills and abilities align with the job duties and qualifications of this position;
• A chronological resume outlining your experience to-date.
  Please keep in mind that professional or verifiable volunteer experience may be relevant.

How to Apply:
Interested applicants who meet the qualifications and competencies in this announcement are encouraged to apply. Be sure to complete all sections of the on-line application and answer all supplemental questions. The work history section of the on-line application should be completed fully. Application fields that say ‘see resume/attachment‘ will not be considered.

Only those applicants whose background and experience most closely matches the desirable qualifications and competencies of this position will be considered for this opportunity.

References, Personnel File Review, and Background Checks

• If you are the preferred candidate for this position, a professional reference from your current or most recent supervisor will be required;
• If you are current or recent state employee, we will also review your personnel file as part of our selection process;
• A job offer is contingent upon completion of a background check that includes a criminal record review.

Work Authorization

• Candidates who are offered a job with DRS must possess work authorization that does not require sponsorship by the employer for a visa now or in the future;
• DRS complies with the employment eligibility verification requirements of the federal employment eligibility verification form, I-9. The selected candidate must be able to provide proof of identity and eligibility to work in the United States consistent with the requirements of that form on the first day of employment.
• DRS does not use E-Verify; therefore, we are not eligible to extend STEM-Optional Practice Training (OPT). For information, please visit www.uscis.gov.

Why Work for DRS?
At DRS, we are one team. We administer eight public retirement systems, 15 retirement plans, and the Deferred Compensation Program, and we serve over 930,000 current and former public employees in Washington. Our customers include fire fighters, teachers and school employees, state and local government employees, and public safety and law enforcement officers.

Regardless of what our specific duties may be, we are all dedicated to one purpose: ensuring our members have the information, tools, expertise and services that ensure they receive the retirement benefits earned while in public service. We foster a diverse and inclusive environment where team members are fully engaged and supported in meeting (and exceeding) our customers‘ expectations. All DRS leaders are focused on providing the coaching, mentoring, resources and support that team members need to be successful.

At DRS, team members enjoy:

• A modern work environment
• Flexible work schedules
• Free parking
• Commute Trip Reduction Program
• Infants at Work Program
• Tuition reimbursement
• Eligibility for Public Service Loan Forgiveness
• Opportunities for professional growth
• Subscription to LinkedIn Learning
• Commitment to team member safety and wellness
• Community involvement/charitable giving

Veteran‘s Preference: Applicants wishing to claim Veteran‘s Preference should attach a copy of their DD214 (Member 4 copy), NGB 22, or signed verification of service letter from the United States Department of Veterans Affairs to their application. Please remove or redact any personally identifiable information such as social security numbers and year of birth. For additional information on Veteran‘s Preference and guidance on how to determine if you are eligible, click here.

The Washington State Department of Retirement Systems is an equal opportunity employer supporting diversity, equity and inclusion. DRS does not discriminate on the basis of age, sex, marital status, sexual orientation, gender identity, race, creed, color, national origin, honorably discharged veteran or military status, or the presence of any sensory, mental or physical disability or the use of a trained dog guide or service animal by a person with a disability.

If you need assistance with the online application or have questions regarding the recruitment, please contact Human Resource office at . Persons of disability needing assistance in the application process, or those needing this announcement in an alternate format, may call the Human Resources Office at or TTY Relay Service at 711.

Come join the DRS team

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