Accountant III, Treasury Ops

Commonwealth of Massachusetts • Boston, MA

6d • Onsite

About The Position

The Executive Office of Labor and Workforce Development (EOLWD) manages the Commonwealth's workforce development and labor departments. Under the direction of the Treasury Operations Manager, the incumbent provides assistance and support to the unit, its supervisor and the financial management team to operate the Secretariat's cash accounts. This includes maintaining cash records, reconciling assigned bank account transactions, monitoring and processing daily cash flow activities, and providing backup and technical support for Treasury Operations.

Requirements

• At least three years of full-time, or equivalent part-time, professional experience in accounting or auditing.
• At least one year must have been in a supervisory, administrative or managerial capacity.
• An Associate's degree with a major in accounting, business administration or business management may be substituted for a maximum of one year of the required experience.
• A Bachelor's degree with a major in accounting, business administration or business management may be substituted for a maximum of two years of the required experience.
• A Graduate degree with a major in accounting, business administration or business management may be substituted for the required experience.

Nice To Haves

• Knowledge of the principles and practices of accounting, including terminology.
• Knowledge of federal and state laws, standards and guidelines governing cash management.
• Experience in the state accounting system (MOSAIC) and use of enterprise software applications to manage and monitor assigned accounts.

Responsibilities

• Processing unemployment benefit cash drawdown within ASAP, US Treasury sites.
• Processing federal grant drawdown with PMS federal site and reconciling MOSAIC transactions.
• Collaborating with treasury, banking partners, and financial platforms to ensure accurate cash draw reconciliation.
• Maintaining proper records for the cash draws, ensuring comprehensive documentation to support audit compliance.
• Scanning and depositing sweep account checks.
• Entering payment vouchers into MOSAIC for processing.
• Monitoring daily cash balances, revenue and fund disbursement and ensuring all amounts are accurate and posted timely in compliance with State and Federal regulations.
• Performing cash and expense reconciliations weekly to resolve all issues in a timely manner with the Offices of the Comptroller and Treasurer.
• Preparing cash reports and accounting records to be used with financial statements; reviewing refund requests/expenditures refunds.
• Other duties as assigned.

Benefits

• Comprehensive Benefits
• Outstanding suite of employee benefits that add to the overall value of your compensation package.
• Work experience that supports you, your loved ones, and your future.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed