Treasury Specialist

Olmsted County; Rochester (MN); On-site; USD 48,000 - 64,000; Full time

Job summary

Olmsted County in Rochester, MN seeks a financial professional to support Treasury and accounting duties. The role includes reviewing investments, performing journal entries, and preparing financial reports for management and compliance.

Candidates may hold a Bachelor's or Associate's degree with relevant experience, or an education/experience mix. Strong computer skills and accuracy are essential for daily operations.

Qualifications

• Bachelor's degree in accounting, finance or related field with 1 year experience or
• Associate's degree in accounting or related field with 3 years experience or
• Education/experience combo equivalent to 5 years of experience

Responsibilities

• Review investments and monitor securities to maximize returns.
• Prepare cash flow analysis and conduct banking transactions.
• Perform general accounting functions and support Treasury daily duties.
• Prepare financial reports and statistics for financial reporting.
• Assist with journal entries, accounts receivable, payroll, and reconciliations.
• Coordinate trades with Investment Advisor and document outcomes.
• Process tax-related tasks and reconcile tax revenue with ledgers.
• Gather financial details to prepare statements and reports.

Skills

Finance knowledge

Accounting knowledge

Securities knowledge

Technology skills

Planning & organization

Time management

Team collaboration

Problem solving

Written communication

Interpersonal skills

Education

Bachelor's degree

Associate's degree

Education/experience mix

Tools

Computers & technology

Job description

Expected starting salary is $34.62 to $46.23. Full salary range $34.62 to $57.83

Bachelor's degree from an accredited college or university in accounting, finance or related field and one (1) year of experience in a similar position as listed in the work functions.

OR

Associate's degree from an accredited college in accounting or related business field and three (3) years of paid, full-time experience in a similar position as listed in the work functions.

OR

Combination of education and experience equivalent to five (5) years of paid, full-time experience in a similar position as listed in the work functions.

Regular and reliable attendance is a necessary component of job/position. Individuals required to use County vehicles and equipment must have a valid driver's license and be free of any major traffic violations for the last three (3) years.

Under general supervision, reviews investments and monitors purchased securities to maximize returns on funds. Prepares cash flow analysis and conducts banking transactions to effectively run County business. Performs general accounting functions. Supports the Treasury office’s daily responsibilities, participates on the Treasury team, conducts a variety of tasks during peak season and serves as a backup. Prepares financial reports and statistics, including those for annual financial reporting. Supports a diverse, respectful, and inclusive workplace. Supports a diverse, respectful, and inclusive workplace.

• Performs journal entries, reviews reports, and verifies transactions for accuracy. Supports cash receipting and accounts receivable team efforts, including reconciliation, accounts payable, and payroll transactions.
• Assists with processing property tax transactions and tax revenue reconciliation.
• Updates a monthly cashflow report, monitors bank balances, and administers bank access for staff needs while maintaining controls. Processes daily bank transactions as needed.
• Coordinates trades with Investment Advisor and facilitates the funding. Records all trade activity.
• Gathers and processes financial details to provide financial statements and reports.
• Facilitates investment committee meetings and documents outcomes. Researches securities and investment options for review by senior management.
• Prepares reconciliation between the tax revenue application and Finance general ledger. Coordinates tax distribution processing.
• Makes recommendations and assists in the implementation of initiatives to improve processes and better utilize technology.
• Performs related tasks as assigned.

• Knowledge of the principles of finance and accounting.
• Knowledge of the principles and practices of securities and investments.
• Skill in the use of computers and technology.
• Ability to effectively plan, organize, manage, and document work.
• Ability to effectively prioritize tasks, workloads, and competing priorities under time constraints.
• Ability to work collaboratively to enhance processes and achieve desired outcomes.
• Ability to analyze problems and develop efficient and effective solutions.
• Ability to communicate effectively verbally and in writing.
• Ability to perform detailed work timely and accurately.
• Ability to establish and maintain effective working relationships with others.

Persons with disabilities

The above is a general listing of job duties. Essential and non-essential functions may vary by individual position. Reasonable accommodations may be available for both essential and non-essential job duties.

Physical Demands and Work Environment

• Office environment
• Sitting
• Standing, walking
• Typing/data entry
• Talking
• Hearing
• Close vision, accommodation, field of vision
• Distance and color vision, depth perception
• Sedentary (exert up to 10 pounds of force)

An Equal Opportunity Employer