What are the responsibilities and job description for the ACCOUNTING ANALYST position at State Controller's Office?
Duties Performed:
- Analyze current and past activities pertaining to securities remitted to the state under the Unclaimed Property Law to determine their current value. Conduct research and analysis of fiscal transactions for securities from multiple internal and external sources (e.g., unclaimed property accounting systems, accounting records, subsidiary ledgers, account statements, annual stock guides, Internet websites, etc.).
- Reconcile securities accounts on the Unclaimed Property Management System (UPMS) that have claims pending approval for payment. Research and reconcile brokerage and mutual fund companies’ accounts to balance shares for posting of activities such as sales, dividends, and corporate actions to UPMS. Contact internal and external parties to resolve discrepancies related to securities remitted to the State. Create accounting worksheets to track past and current fiscal activities and corporate actions for the securities received and recorded by the State. Post security fiscal transactions in UPMS after reconciliation and analysis of the issue. Locate, verify, calculate, and link appropriate receipts to posted transactions.
- Analyze accounting data and identify program problem areas so that corrective measures may be implemented. Analyze the financial market of securities and current trends to advise Bureau management on requested information. Prepare status reports for claims pending payment. Provide accounting information reports to management. Develop or update procedures appropriate to the security claims payments process.
- Identify and research overpayments and establish account receivables as needed. Prepare collection letters to claimants, Legal Referrals to be forwarded to the Executive Office, and Issue Resolutions to be forwarded to upper management. Contact claimants on collections and update management on the status of collection efforts.
- Research and respond to written and telephone inquiries from internal and external parties and manage resolution of claimant issues. Prepare correspondence to claimants regarding various securities payment information (e.g., non-transferable shares, fractional shares, response to claimant’s inquiry, etc.). Analyze and interpret information regarding the Unclaimed Property law, Administrative Code Regulations, and Bureau Polices and respond to inquiries from the general public, holder community, and professional organizations. Provide support to staff in the analysis and review of fiscal transactions and reconciliation process; which includes planning, verifying and answering questions. Provide assistance to the Associate Accounting Analyst lead as needed.
You will find additional information about the job in the Duty Statement.
Working Conditions
This position is located in Rancho Cordova on White Rock Road, between Mather Field Road and Zinfandel Drive just off US 50 offering free parking is situated in the family-friendly suburbs of Sacramento. There is an abundance of nearby shopping centers and dining options with public transportation accessible nearby via Sacramento Regional Transit’s bus and light rail systems.
This position is eligible for hybrid telework under California Government Code Section 14200 for eligible applicants residing in California. All telework schedules are subject to change and may be reevaluated at any time. Specific telework arrangements may be discussed in more detail with the respective hiring manager. Telework does not change the terms and conditions of employment, the essential functions of job duties, or required compliance with the State Controller's Office policies.
Minimum Requirements
You will find the Minimum Requirements in the Class Specification.- ACCOUNTING ANALYST
Additional Documents
- Job Application Package Checklist
- Duty Statement
Position Details
Department Information
The Office of the State Controller (SCO) is the destination employer within the State of California. As California’s chief fiscal officer, the Controller’s Office ensures accountability and transparency of California’s financial practices while promoting fairness and opportunity for all. Here, you’ll work in a collaborative and supportive environment with diverse opportunities for professional growth and development. A career with the SCO offers meaningful work that directly impacts the state’s future.
The Unclaimed Property Division (UPD) of the California State Controller’s Office plays a vital role in reuniting Californians with their lost or forgotten assets, such as bank accounts, stocks, or uncashed checks. This division safeguards unclaimed property and works diligently to return it to its rightful owners, ensuring fairness and financial equity across the state. By joining this division, you’ll be part of a team that directly impacts people’s lives on a day-to-day basis.
Take the next step in your career with an organization that values innovation, integrity, and the well-being of its employees. Apply today and build a California where everyone thrives!
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Special Requirements
A copy of your degree, transcripts, or degree evaluation is required.
Take the required examination here: Accounting Analyst Examination
Application Instructions
Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: 4/8/2025Who May Apply
Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).
How To Apply
Address for Mailing Application Packages
You may submit your application and any applicable or required documents to:
Address for Drop-Off Application Packages
You may drop off your application and any applicable or required documents at:
Required Application Package Documents
The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:
- Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
- Resume is required and must be included.
- Degree and/or School Transcripts
Desirable Qualifications
- Knowledge of accounting principles and procedures.
- Investment/securities knowledge such as stocks, mutual funds, bonds, dividends, and corporate actions.
- Ability to analyze data and draw sound conclusions.
- Ability to analyze situations accurately and adopt an effective course of action.
- Ability to prepare clear, comprehensive, and concise reports.
- Ability to make sound decisions and recommendations with regard to accounting problems.
- Ability to organize and establish workload priorities, work well under pressure, and exercise initiative and flexibility.
- Ability to multi-task.
- Excellent communication skills.
- Excellent attendance.
- Ability to work effectively both independently and cooperatively with others.
- Ability to interpret and apply laws, rules, standards and procedures.
- Strong analytical and research skills, as well as the ability to use good judgment.
- Self-motivated, dependable, and a positive attitude.
Benefits
Contact Information
The Hiring Unit Contact is available to answer questions regarding the position or application process.
Hiring Unit Contact:
Brendan Duhow
(916) 631-3257
BDuhow@sco.ca.gov
Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
EEO Contact:SCO EEO Officer
(916) 324-2223
California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.
Equal Opportunity Employer
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.
It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.
