What are the responsibilities and job description for the Board Accountant I position at Office of the State Treasurer and Receiver General?
About the Office of the Massachusetts State Treasurer and Receiver General (“Treasury”)
Our mission is to manage and safeguard the State's public deposits and investments through sound business practices for the exclusive benefits of our citizens, and perform these duties with integrity, excellence, and leadership. Additionally, we strive to provide economic opportunity, stability, and security for every Massachusetts resident.
We are committed to excellence in recruiting, hiring, and retaining diverse and qualified individuals. We value the culture of diversity and professionalism in the workplace, and strongly believe that our workforce should reflect our community.
https://www.surveymonkey.com/r/FM68GFV
Purpose of the Job:
The Board Accountant ensures Board transactions comply with generally accepted accounting principles (GAAP), strict fiscal controls, acceptance of GASB rules and regulations and interplay with internal and external shareholders. This position is subject to strict deadlines many of which are required by statute.
Essential Functions and Responsibilities:
- Maintain general ledger including receipt and disbursement data; prepare month end closing entries, post accounting data and review custodian bank reports.
- Reconcile all Board bank accounts to insure deposits and disbursements are reflected accurately within the Board books.
- Produce the annual financial report for the Massachusetts State Employees Retirement System and the Massachusetts Turnpike Authority Employees Retirement System.
- Compile and prepare accounting reports relative to all financial transactions within the Board’s purview.
- Ability to process and reconcile accurately weekly and monthly payment warrants.
- Knowledge and ability to process vendor administration including set up, payments and other highly complex MMARS transactions
- Act as a liaison with both internal and external partners such as Office of the Comptroller, PERAC, Treasury Cash Management Department, Treasury Internal Auditor, Treasury A&F, PRIM, other State agencies, outside member units, and local retirement boards.
- Manage the billing and reimbursement processes associated with other retirement systems for COLA, §3(8)(c) and §59 payments
- Ensure compliance and collaboration with all auditors
- Other duties as assigned by Manager and/or Director
Knowledge and Skill:
- Must have a minimum of 1 year of experience in the field of accounting and finance
- Bachelor’s Degree or higher in the field of accounting, finance or related field
- Working knowledge of accounting practices related to Massachusetts public employee retirement systems and related financial transactions, or comparable experience
- Detailed knowledge of accounting systems and software including MMARS, Great Plain, MARIS
- Microsoft’s Office suite of products including Excel, Word, Power Point, Access
- Focused, detail oriented
- Team oriented with superior customer service skills
- Solid understanding of accounting and fiscal services
- Identify processes that appear redundant and propose solutions to senior management
Physical Requirements:
- Ability to lift up to 10lbs
- Ability to sit for extended periods of time
Hybrid Work Environment:
All new hires at the Office of the State Treasurer and Receiver General (Treasury) will go through an In-Office Orientation Period consisting of a combination of virtual, in-person and on-the-job training so as to assimilate you to the Treasury’s culture and work environment. Following the initial In-Office Orientation Period a gradual transition to hybrid work will take place over the first 3-8 weeks of employment.
The hybrid work environment will consist of a minimum of two (2) days in the office each week, with one of these days being either a Monday or a Friday. There will be an additional (1) day in the office per month for a mandatory in person department meeting. Hybrid work arrangement is based on business needs of the department.
Job Type: Full-time
Pay: $50,000.00 - $55,000.00 per year
Benefits:
- Dental insurance
- Disability insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Retirement plan
- Vision insurance
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Work Location: Hybrid remote in Boston, MA 02108
Salary : $50,000 - $55,000