Accountant III, Treasury Ops

Commonwealth of Massachusetts; Boston (MA); Hybrid; USD 67,000 - 96,000; Full time

Job summary

The Commonwealth of Massachusetts – Executive Office of Labor and Workforce Development is seeking an Accountant III in Treasury Ops. Under the Treasury Operations Manager, the role handles cash accounts, reconciliations, and daily cash flow while ensuring compliance with state and federal rules.

Responsibilities include processing drawdowns, reconciling MOSAIC, and collaborating with treasury partners. Minimum entrance requirements cover 3 years of accounting experience with possible degree

Qualifications

• Knowledge of the principles and practices of accounting.
• Knowledge of federal and state laws, standards and guidelines governing cash management.
• Experience in the MOSAIC state accounting system and enterprise software to manage accounts.
• Strong understanding of audit/compliance requirements.

Responsibilities

• Process unemployment benefit cash drawdowns within ASAP and US Treasury sites.
• Process federal grant drawdowns with PMS federal site; reconcile MOSAIC transactions.
• Coordinate with treasury partners to ensure accurate cash draw reconciliation.
• Maintain records for cash draws and document for audit compliance.
• Scan and deposit sweep account checks.
• Enter payment vouchers into MOSAIC for processing.
• Monitor daily cash balances, revenue, and fund disbursements; ensure accuracy and timeliness.
• Perform weekly cash and expense reconciliations with State Comptroller and Treasurer offices.

Skills

Accounting principles

Cash management knowledge

Audit compliance

Education

Associate's degree in accounting/business

Bachelor's degree in accounting/business

Graduate degree in accounting/business

Tools

MOSAIC

Enterprise software

Job description

An Official website of the Commonwealth of Massachusetts

Job Description - Accountant III, Treasury Ops (260005G1)

Job Description

Accountant III, Treasury Ops - ( 260005G1 )

Description

The Executive Office of Labor and Workforce Development (EOLWD), which includes the Departments of Unemployment Assistance (DUA), MassHire Career Services (MDCS), Industrial Accidents (DIA), Labor Standards (DLS), Labor Relations (DLR), Family and Medical Leave (DFML), Apprentice Standards (DAS), and Economic Research (DER) manages the Commonwealth's workforce development and labor departments to ensure that workers, employers, and the unemployed have the tools and training needed to succeed in the Massachusetts economy.

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, which includes maintaining cash records and reconciling assigned bank account transactions, monitoring and processing daily cash flow activities and providing backup and technical support for Treasury Operations. Other duties include, but are not limited to:

• 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 State Comptroller and Treasurer.
• Preparing cash reports and accounting records to be used with financial statements; reviewing refund requests/expenditures refunds.
• Other duties as assigned.

Preferred Qualifications

• 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.

Qualifications

MINIMUM ENTRANCE REQUIREMENTS: Applicants must have at least (A) three years of full-time, or equivalent part-time, professional experience in accounting or auditing, of which at least (B) one year must have been in a supervisory, administrative or managerial capacity, or (C) any equivalent combination of the required experience and the substitutions below.

Substitutions:

I. 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 (A) experience.*

II. 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 (A) experience.*

III. A Graduate degree with a major in accounting, business administration or business management may be substituted for the required experience.*

*Education toward such a degree will be prorated on the basis of the proportion of the requirements actually completed.

When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future.

An Equal Opportunity / Aff Encouraged to apply.

The Commonwealth is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Research suggests that qualified women, Black, Indigenous, and Persons of Color (BIPOC)may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive to apply for this role.

Official Title : Accountant III

Primary Location

Job

Accounting and Finance

Agency

Department of Workforce Development

Schedule

Full-time

Shift

Day

Job Posting

Aug 6, 2026, 10:06:09 PM

Number of Openings

1

Salary

66,890.20 - 96,266.04 Yearly

Potentially Eligible for a Hybrid Work Schedule : Yes

Confidential : No

Bargaining Unit : 06-NAGE - Professional Admin.

If you have Diversity, need a Reasonable Accommodation, please contact Diversity Officer / ADA Coordinator : Karen Haynes-Clifton - 6176265138