This position will perform final reconciliation for simple to complicated funding structures related to the Department of Transportation.
Perform daily financial audits of the Treasury’s bank accounts (e.g., examines process documentation & rationale behind recorded figures to ensure that standard accounting procedures are being followed) in order to reconcile all state depository bank funds to Treasury records;
Downloads bank statements, reviews wire activity with documentation from TMS for correctness, reviews daily BAI downloads to ensure it is problem free, researches items for agencies, and other duties as assigned by Accounting Management staff.
Compares bank statements to Treasury records (e.g. revenue receipts, incoming and outgoing wire and ACH documentation) for accuracy and completeness; Researches and analyzes Treasury account records & bank records in order to resolve discrepancies;
Recommend posting corrections or changes to reconcile Treasury records with depository banks;
Maintain files on adjustments for use by external auditors;
Maintain log of all debit and credit bank advices involving regular account;
Review and verify Treasury adjustments identified by unique control numbers;
Maintains log of adjustments and errors (e.g. post control number, transaction date, description and amount); recording and analyzing information using spreadsheets, databases and or accounting software; verify accuracy of data and revise any errors (i.e. checks figures, postings, reports and documents for correct entry, mathematical accuracy and proper codes; develops forms and manuals for accounting procedures.
Gathers and analyzes information from stakeholders, business owners, customers and management for creating technical reports.
Previous auditing and reconcillation experience
Ability to define problems, collect data, establish facts & draw valid conclusions; understand bookkeeping procedures & apply principles to solve practical problems; prepare meaningful, concise & accurate reports