Financial Manager I

State of Vermont • Montpelier, VT • 9h ago

This job was posted by https://www.vermontjoblink.com : For more information, please see: https://www.vermontjoblink.com/jobs/1329241

Overview

The Office of the State Treasurer, Treasury Operations Division, seeks a dynamic and detail-oriented individual to serve as our next Financial Manager I.

\ The Treasury Operations Division provides centralized cash, treasury, and investment management services to agencies and departments across state government. We also support the state retirement systems, the Unclaimed Property Fund, the Treasurer\'s economic empowerment initiatives, and the 10% in Vermont Program.

\ This position will assist with a variety of accounting, financial management, and treasury functions including:

Assisting the Director of Treasury Operations with managing the

relationships with the State\'s banking partners to include tasks such as opening and closing bank accounts, updating authorized signers, researching unusual banking transactions, researching inquiries from payees, and assisting with the annual delegated bank account review.

Assisting Director of Treasury Operations with the management and

review of the reconciliation process for the State\'s core bank accounts. This will include reviewing monthly reconciliations, and with assistance from Financial Administrator I, working with departments throughout State government to research and resolve discrepancies.

Working with the Director of Treasury Operations and Financial

Director II, assist with the management of the daily check and disbursement process.

Assist with the management of the department\'s accounts payable and

payment processing.

Assist with budgeting process by conducting payroll forecasting,

periodic expense review, researching budget-to-actual variances.

Assist with management & analysis of the Treasurer\'s credit

facilities.

Assist with the creation of year-end financial statements for the

various retirement plans.

The Treasury Operations division expects several IT projects in the future, including upgrades to existing systems and implementation of new systems impacting the division\'s accounting, financial reporting, banking, and accounts payable processes. This position may assist with project management and implementation.

This position will involve working with multiple stakeholders within the Treasurer\'s Office, and also throughout State government in various agencies. It will also work with external stakeholders including vendors, suppliers, and recipients of State funds. It involves interacting with stakeholders at all levels of seniority, and various backgrounds and relationships to state government; Superb communication and problem-solving skills are a key to success.

\ This position will be hybrid-remote with 2-3 days in office in Montpelier, Vermont. It is expected that initially it will be full-time in office to facilitate onboarding, and more time will be spent in-person during various times of the year when specific activities need the attention. Remote workdays will increase after successful training. Applicants residing outside of commuting distance to Montpelier are encouraged to apply if they have a genuine desire to relocate.

Environmental Factors

Work is performed in a standard office setting.

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