Children's Income Accounts

TX-HHSC-DSHS-DFPS • Austin, TX

3d • Hybrid

About The Position

This position offers a hybrid work schedule. Work in an office environment with opportunities to work remotely. This position performs complex accounting work on checking and savings accounts belonging to clients that are in foster care with TDFPS/Child Protective Services. This position uses IMPACT to perform AP, AR, and reconciliation functions for multiple regional accounts at an individual child account level including the posting of revenue transactions and submitting invoices for payment; monitoring child trust/savings/dedicated accounts in accordance with federal and agency policy; and completes required reconciliation in accordance with General Accepted Accounting Principles (GAAP). Occasional cross-training of other accounting staff on critical job functions. Works under moderate supervision and must have the ability to complete assignments with strict deadlines.
Essential Job Functions:
Record receipt of Automated Clearing House (ACH) deposits and checks from Supplemental Social Security Income (SSI), Retirement Survivors Disability Insurance (RSDI), and Veteran's Administration (VA) for children in TDFPS conservatorship. Initiate, complete and reconcile fund transfers in regional bank accounts. In accordance with DFPS policy and in conjunction with federal guidelines, determine how children's income should be allocated and ensure that all disbursements are issued within strict timelines. Monitor invoices and disburse payments timely.

Work with providers to identify and correct billing discrepancies. Facilitate recoupment of children’s income payments according to DFPS policy. Maintain detailed records of all collection efforts and sets up payment plans when required by policy. Review online banking system and IMPACT transactions daily to ensure debits clear for the correct amounts and to review transactions for errors and fraudulent activity. Prepare monthly reconciliation of bank accounts (checking and savings) to IMPACT, notating any discrepancies and timing differences. Performs other duties as assigned and required to maintain unit operations.

Requirements

• Knowledge and experience in governmental accounting and financial operations, including Reconciliation, General Ledger, and Federal and State Reporting.
• Intermediate skills in Microsoft Office products including Excel, Word, Access, and Outlook.
• Knowledge of complex automated accounting systems.
• Knowledge of State of Texas accounting procedures including GAAP standards.
• Ability to work within established deadlines.
• Ability to prepare concise reports.
• Ability to interpret complex Federal and State regulations.
• Advanced problem-solving skills related to accounting policies and procedures.
• Ability to complete assigned workload within strict deadlines.
• Experience with generally accepted accounting principles and procedures affecting maintenance of accounting records.
• Experience with efficiently interpreting and applying policies, procedures or business processes.
• Experience with Microsoft Office applications including Microsoft Outlook, Excel, and Access.
• Graduation from high school or equivalent, and
• Two (2) years full-time accounting, auditing, bookkeeping, financial operations, or banking experience.

Responsibilities

• Record receipt of Automated Clearing House (ACH) deposits and checks from Supplemental Social Security Income (SSI), Retirement Survivors Disability Insurance (RSDI), and Veteran's Administration (VA) for children in TDFPS conservatorship.
• Initiate, complete and reconcile fund transfers in regional bank accounts.
• In accordance with DFPS policy and in conjunction with federal guidelines, determine how children's income should be allocated and ensure that all disbursements are issued within strict timelines.
• Monitor invoices and disburse payments timely.
• Work with providers to identify and correct billing discrepancies.
• Facilitate recoupment of children’s income payments according to DFPS policy.
• Maintain detailed records of all collection efforts and sets up payment plans when required by policy.
• Review online banking system and IMPACT transactions daily to ensure debits clear for the correct amounts and to review transactions for errors and fraudulent activity.
• Prepare monthly reconciliation of bank accounts (checking and savings) to IMPACT, notating any discrepancies and timing differences.
• Performs other duties as assigned and required to maintain unit operations.

Benefits

• 100% paid health insurance for you, and 50% paid for eligible family members—saving you hundreds every month in out-of-pocket medical costs
• Retirement plans with lifetime monthly payments after five years of state service, plus options to save even more with 401(k) and 457 plans
• Paid vacation, holidays, and sick leave so you can recharge and take care of life outside work (that’s time off you’re actually paid for)
• Optional dental, vision, and life insurance—at rates much lower than most private plans
• Flexible spending accounts for added tax savings on health and dependent care
• Employee discounts on things like gym memberships, electronics, and entertainment

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED