Fiscal Analyst 2 - Reconciliation Desk

Remote Jobs; Tumwater (WA); Hybrid; USD 60,000 - 90,000; Full time

Job summary

Remote Jobs seeks a Fiscal Analyst 2 for the Washington Department of Retirement Systems in Tumwater. You will reconcile cash transactions, coordinate with OST and AFRS, and process transfers between retirement systems while ensuring accuracy and compliance.

This role offers in-person interviews in Tumwater, with possible telework after a probation period. Ideal candidates have accounting experience, proficiency with Excel/Word, and strong attention to detail.

Qualifications

• Demonstrated experience performing a variety of accounting and fiscal duties efficiently and in compliance with policies and procedures.
• Experience with account reconciliations, payments tracking, accounts receivable and payroll is preferred.
• Education may substitute for up to one year of experience with college coursework in accounting.

Responsibilities

• Perform daily reconciliations of cash received between DRS's financial reporting system, OST, and AFRS.
• Complete monthly reconciliations for cash, AR, HERP, 401( H), MIS for 12 retirement trust funds.
• Review and correct accounting data flowing into AFRS through research and reconciliations.
• Prepare plan and system transfers between retirement systems and plans to keep AFRS balances accurate.
• Prepare general fund transfers to ensure proper funding of retirement funds receiving general fund contributions.
• Prepare fiscal year-end closing adjustments and accruals for correct period.
• Compile, scan, and archive daily cash receipt documentation for audits.
• Participate in design and implementation of new accounting systems, procedures, and controls.

Skills

Analysis

Attention to detail

Communication

Coordinating & organizing

Customer focus

Education

Accounting coursework

Tools

Microsoft Excel

Microsoft Word

Job description

Would you thrive in an inclusive environment where accuracy, collaboration, and service excellence are a top priority? Do you take pride in your ability to accurately balance numbers, reconcile accounts, and solve problems? And, are you ready to elevate your accounting career by learning complex fiscal information that you'll use to assist Washington State public employees in planning and enjoying their retirement benefits? If this sounds like you, the role of Fiscal Analyst 2- Reconciliation Desk at the Department of Retirement Systems could be best next step for you!

Interviews will be in person at our Tumwater Office and will be scheduled for October 20, 21, and 22. The hiring manager reserves the right to make a hiring decision at any time during the recruitment process.

The Opportunity:

Working in the Cash Receipting Unit in Trust Accounting, you will play a vital part in maintaining the accuracy and integrity of our financial records. You’ll coordinate with the Office of the State Treasurer (OST), Accounting Services team members, and other internal partners to process and reconcile financial transactions related to member and employer retirement contributions, payments, and trust accounts.

Some of What You’ll Do:

• Performing daily reconciliations of cash received between DRS's financial reporting system, the Office of the State Treasurer (OST), and Washington State’s Agency Financial Reporting System (AFRS).
• Completing monthly reconciliations, including cash, Accounts Receivable, Higher Education Retirement Plan (HERP), 401(H), and Member Benefit Reserve (MIS) reconciliations for 12 retirement trust funds.
• Reviewing, analyzing, and correcting accounting data flowing into the Agency Financial Reporting System (AFRS) through research, analysis, and recurring reconciliations.
• Preparing plan and system transfers between retirement systems and plans to keep balances accurately reflected in AFRS.
• Preparing general fund transfers, as directed by the Budget Officer, for retirement funds that receive State general fund contributions to ensure such funds are being funded properly.
• Preparing fiscal year-end closing adjustments and accruals to ensure financial records reflect the correct period.
• Compiling, scanning, and archiving daily cash receipt documentation to support audit and recordkeeping needs.
• Participating in the design and implementation of new accounting systems, procedures, and controls as needed.

Telework Details:

After successful completion of the review period and effectively demonstrating the ability to perform work independently, you may be eligible to telework up to three (3) days per week, at the discretion of the Appointing Authority and with a telework agreement in place. The ability to work remotely is dependent on the nature of the tasks and projects assigned and the presence of a remote work environment that is safe and has an appropriate level of reliable connectivity. You must live in Washington state within a reasonable commuting distance to the DRS building in Tumwater, WA, and must be willing to adjust your telework schedule to attend mandatory meetings, trainings, etc., at the DRS facility.

What we’re looking for (required qualifications):

Experience for qualifications can be gained through various combinations of professional employment, education, and volunteer/personal experience. Demonstrated experience performing a variety of accounting and fiscal duties efficiently and in compliance with established policies and procedures. Experience may include, but is not limited to account reconciliations, tracking and recording payments, accounts receivable and/or payroll. This is typically gained through (2) years of full-time experience; 18 quarter hours or 12 semester hours of college-level classes in accounting can substitute for experience up to one year of experience.

Preference may be granted to candidates who have:

• Experience as a Fiscal Analyst 1; OR
• Professional-level accounting, budgeting, and/or auditing experience. The above experience is typically gained through at least one (1) year of full-time professional experience.
• Demonstrated ability to compile, transmit, and reconcile financial data across multiple systems;
• Experience effectively communicating complex or challenging information to a variety of individuals by telephone, email, video meetings, and/or online collaboration tools (such as Teams or Zoom);
• Demonstrated ability to operate office equipment, including computers, printers, copiers, scanners, ten-key calculators, and multi-line telephone systems;
• Demonstrated ability to use Microsoft Excel and Word (version 2016 or newer); and
• Experience managing and responding to frequent changes in workload and priorities.

In addition, all qualified candidates should have demonstrated proficiency in the following competencies:

ANALYSIS

Studies and reviews documents and information closely; readily identifies information that is not pertinent and understands when additional or verifying data is needed. Uses data and information in a clear and rational thought process to assess and understand issues, evaluate options, form accurate conclusions, and make recommendations/decisions.

ATTENTION TO DETAIL

Plans and organizes time and resources efficiently. Follows processes and procedures in the completion of work. Carefully monitors the details and quality of work and double-checks work product to ensure accuracy and consistency.

COMMUNICATION

Effectively conveys information in writing and through the spoken word, using language that is appropriate to both the complexity of the topic and the knowledge and understanding of the audience. Sees communication as a vital component of high performing teams.

COORDINATING AND ORGANIZING

Effectively organizes work and coordinates activities, services, and schedules to ensure smooth and efficient operation of work. Is an effective communications link and reliable source of information for others. Keeps interested parties informed of the status of events.

CUSTOMER FOCUS

Dedicated to meeting the expectations and requirements of customers. Delivers high-quality services and products. Establishes and maintains effective customer relationships. Com