PROFESSIONAL ACCOUNTANT - 43000723
About The Position
Establish and maintain daily accounting ledger that reflects all cash activity within the Deferred Compensation Trust Fund and Wells Fargo account. Posts all receipts and disbursements to the proper category. Invest excess cash from the Fund. Balances the accounts daily and identifies all incoming and outgoing transaction information. Takes proactive action to maintain the cash thresholds in each account. Generates monthly reports showing prior month and cumulative activity. Interface with FL PALM to perform these functions as needed for the Bureau. Perform all fund balancing related processes. This includes obtaining backup reports and documentation for all transactions, creating memos and invoices to document transactions, maintaining records of these processes, transferring documentation to partner entities, and ensuring that the transactions are recorded in the Bureau’s recordkeeping system. Perform all payroll related processes. Review the report of all authorized deferrals from the third-party administrator. Act to correct any discrepancies. Send notifications to partners regarding payroll related activities. Calculate and create vouchers for funds being transferred from the Deferred Compensation Trust Fund to Wells Fargo for wiring. Create and maintain a report detailing all outgoing wires to investment providers. Wire participant funds to investment provider partners and confirm receipt of those funds with each investment provider. The incumbent will comply with funds transfer controls developed in the policies of the Division of Treasury and procedures developed in the Bureau of Deferred Compensation. Perform monthly administrative fees billing. This will include calculation of fees, transmittal of billing invoices, monitoring of billing compliance, and maintaining records. Perform monthly reporting and reconciliation of accounts and Bureau expenses. Prepares reports to reflect the results of audit work or analysis. Assembles and summarizes accounting literature on an assigned issue. Serves as contact person for all accounting processes for participants, payroll agencies, and investment providers. Maintaining monthly accounting files of all transactions. Assist in development, modification, and implementation of accounting procedures and systems. Create and design automated spreadsheets that allow for efficient completion of accounting processes. Perform related work as required and perform backup duties as agreed.
Requirements
- Two (2) years of customer service experience.
- Two (2) years of professional accounting experience.
- Punctuality and reliability.
- Knowledge of accounting principles, practices and procedures
- Knowledge of the methods of data collection
- Ability to prepare financial statements and reports
- Ability to design and implement accounting systems
- Ability to prepare and maintain a variety of accounting records
- Ability to analyze and interpret accounting data
- Ability to understand and apply applicable rules, regulations, policies and procedures relating to an accounting program
- Ability to communicate effectively
- Ability to establish and maintain effective working relationships with others
- Ability to work independently
- Ability to utilize problem-solving techniques
Nice To Haves
- Proficient in the use of MS Word, Excel and Outlook.
- Detailed oriented.
- One (1) year of FLAIR experience.
- Experience with Personally Identifiable Information (PII).
- A bachelor’s degree in Accounting, Finance, Business, Marketing or Economics from an accredited college or university.
Responsibilities
- Establish and maintain daily accounting ledger that reflects all cash activity within the Deferred Compensation Trust Fund and Wells Fargo account.
- Posts all receipts and disbursements to the proper category.
- Invest excess cash from the Fund.
- Balances the accounts daily and identifies all incoming and outgoing transaction information.
- Takes proactive action to maintain the cash thresholds in each account.
- Generates monthly reports showing prior month and cumulative activity.
- Interface with FL PALM to perform these functions as needed for the Bureau.
- Perform all fund balancing related processes.
- Perform all payroll related processes.
- Review the report of all authorized deferrals from the third-party administrator.
- Act to correct any discrepancies.
- Send notifications to partners regarding payroll related activities.
- Calculate and create vouchers for funds being transferred from the Deferred Compensation Trust Fund to Wells Fargo for wiring.
- Create and maintain a report detailing all outgoing wires to investment providers.
- Wire participant funds to investment provider partners and confirm receipt of those funds with each investment provider.
- Perform monthly administrative fees billing.
- Perform monthly reporting and reconciliation of accounts and Bureau expenses.
- Prepares reports to reflect the results of audit work or analysis.
- Assembles and summarizes accounting literature on an assigned issue.
- Serves as contact person for all accounting processes for participants, payroll agencies, and investment providers.
- Maintaining monthly accounting files of all transactions.
- Assist in development, modification, and implementation of accounting procedures and systems.
- Create and design automated spreadsheets that allow for efficient completion of accounting processes.
- Perform related work as required and perform backup duties as agreed.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
