Accountant I

Office of the Illinois State Treasurer•Springfield, IL

2d•Onsite

About The Position

The Accountant I performs moderately complex accounting procedures to accurately record and monitor financial transactions, bank accounts, and state agency general ledger accounts under the responsibility of the Illinois State Treasurer’s Office. The position is accountable for accurate record maintenance and compliance with internal and external audit controls, office procedures, policies, and applicable Illinois law. Attendance is an essential function. The role supports clearing, banking operations, and investment operations within the State Investments and Banking Division. Work includes processing and recording financial transactions; preparing reports, spreadsheets, and documentation; reconciling deposits and balances; handling wire transfers and ACH transactions; responding to agency inquiries; and providing backup support for duties throughout the division.

Requirements

Bachelor’s degree in accounting, finance, or business; two years of experience in banking/accounting-related work; or an equivalent combination of experience and training that provides the required knowledge, skills, and abilities.
Ability to accurately perform daily work involving moderately complex numerical data and arithmetic calculations.
Ability to communicate moderately complex financial information concisely and accurately.
Ability to operate office equipment.
Proficiency in Microsoft Excel, Access, and Word.
Ability to maintain spreadsheets, reports, and databases in Excel and Access.
Ability and willingness to learn and adapt work habits to internal or external reporting systems needed by the division to perform its responsibilities accurately, ethically, and on time.
Ability to maintain satisfactory working relationships and communicate effectively with staff at all levels and the general public.
Applicants must be lawfully authorized to work in the United States.

Responsibilities

Post and maintain financial transactions related to state agency clearing accounts.
Evaluate and record debit/credit memos, checks or ACH return items, and other clearing-related adjustments.
Generate financial reports for state agencies regarding their clearing accounts.
Process state agency requests, including transfers between clearing accounts, non-negotiable draft issuance, and transfers between appropriate bank accounts.
Research basic inquiries from Illinois State agencies about clearing functions.
Generate reports from banking institutions that have contractual relationships with the Illinois State Treasurer’s Office.
Retrieve opening and intra-day bank balances and provide the information in the required format to division and office staff.
Execute wire transfers and ACH transactions to move funds between predetermined bank accounts for daily investments and expenditures, based on availability.
Balance the Comptroller’s daily deposit of state funds into the state treasury and process paperwork to record deposited funds accurately and on time in the Treasurer’s Office general ledger system.
Process check deposits made by State of Illinois agencies.
Sort, stamp, and mail IOC deposit receipts.
Maintain systems and spreadsheets for recording, reconciling, and reporting deposits and deposit information for Illinois State agencies, funds, and outside entities doing business with the Treasurer’s Office.
Assist Illinois State agencies in preparing receipt deposit transmittals.
Update the letters of credit database.
Maintain spreadsheets and databases for gathering and recording data related to Treasurer’s Office activities.
Update MMF spreadsheets.
Prepare investment-related documentation.
Organize and enter data related to balance packets.
Generate reports to ensure accurate reporting of security-related information.
Serve as backup for duties assigned throughout the State Investments and Banking Division.
Perform other duties as assigned or required that are reasonably related to the listed duties.

Benefits

Pension program.
Group insurance benefits, including health, life, dental, and vision insurance.
Up to four paid personal business days annually.
Twelve paid sick days annually, with unused sick days carrying over from year to year.
15–25 days of paid vacation annually, with 15 days in the first year of employment.
13 paid holidays annually, 14 in even-numbered years, and one floating holiday.
12 weeks of paid parental leave.
Deferred Compensation Program supplemental retirement plan.
Optional pre-tax programs, including Medical Care Assistance Plan (MCAP) and Dependent Care Assistance Plan (DCAP).
Federal Public Service Loan Forgiveness Program eligibility.
Commuter Savings Program for Chicago employees.