Title: Financial Manager I
Montpelier, VT, US
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.
Who May Apply
This position, Financial Manager I (Job Requisition #54135), is open to all State employees and external applicants.
If you would like more information about this position, please contact Jeremiah.Breer@vermont.gov.
Resumes will not be accepted via e-mail. You must apply online to be considered.
Please note that multiple positions in the same work location may be filled from this job posting.
Environmental Factors
Work is performed in a standard office setting.
Minimum Qualifications
Bachelor's degree in accounting or a bachelor's degree in any discipline that includes or is supplemented by 20 credit hours in accounting AND two (2) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.
OR
Bachelor's degree in any discipline AND four (4) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.
OR
Associate's degree AND six (6) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.
OR
High School diploma AND eight (8) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.
OR
One year as a Financial Administrator III with the State of Vermont.
OR
Certification as a CPA.
For some positions preference may be given to applicants with supervisory or management experience.
Total Compensation
As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:
- 80% State paid medical premium and a dental plan at no cost for employees and their families
- Work/Life balance: 11 paid holidays each year and a generous leave plan
- State Paid Family and Medical Leave Insurance (FMLI)
- Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
- Tuition Reimbursement
- Flexible spending healthcare and childcare reimbursement accounts
- Low cost group life insurance
- Incentive-based Wellness Program
- Qualified Employer for Public Service Student Loan Forgiveness Program
Want the specifics? Explore the Benefits of State Employment on our website.
Equal Opportunity Employer
Nearest Major Market: Barre
Nearest Secondary Market: Montpelier