Financial Manager II, Unclaimed Property

Full Job Description

Are you a finance professional looking for a career in State Government? If you have experience with implementing and monitoring internal controls, performing reconciliations, and overseeing budgets, don't miss this opportunity!

Principal Duties

As the Financial Manager for Unclaimed Property, you will:

• Develop and/or implement controls (policies/procedures/standards and/or rules/regulations) to safeguard and properly account for department funds/property.

• Monitor controls to ensure compliance with policies/procedures/standards and/or rules/regulations.

• Oversee and prepare division budgets.

• Review fiscal operations to ensure integrity, accuracy and control of data.

• Perform statistical and/or actuarial analysis by applying appropriate protocols in analyzing data and reaching accurate conclusions.

• Develop or modify rules, policies, or standards, etc.

• Perform regular reviews of processed unclaimed property claims and communicate results to division and department management.

• Makes correcting entries in Vantage to move expenses to/from UP trust to/from budget.

• Helps/oversees physical inventory of equipment and pilferable items.

• Consolidates daily holder receipt data from Check deposits, Cybersource, ACH, and wires. Creates a summary for Vantage (Passed to Lora), and uploads the full details to KAPS as a batch to generate holder receipts in KAPS.

• Creates and distributes the Outstanding Items report each month

• Calculates the yearly transfer from the Unclaimed Property trust fund to the Uniform School Fund.

• Perform periodic reviews of safekeeping and holder receipts/reports.

• Perform reconciliations between the unclaimed property subsystem and Vantage Finance, between Vantage Finance and the unclaimed property bank account, and between the security custodian's record and the unclaimed property subsystem.

• unicate results to division and department management.

• Run various aging reports to ensure timely completion of processes and communicate progress to division and department management.

• Oversee user rights in the unclaimed property subsystem to ensure proper separation of duties and to ensure proper user access is granted based on a user's job responsibilities.

• Prepare department ACH/wires and inter-agency transfers.

• Assist with creation and/or renewal of division purchasing contracts.

• Oversee and direct the holder receipt process.

• Manage special fiscal projects or activities of a highly specialized nature.

• Manage accounting or budget activities and provide fiscal information.

If this is you, we should talk. First, go to this page: https://go.cultureindex.com/p/7jJ5fkWFQF to take a quick 8-10 minute survey and attach your resume. If we determine that you are a great fit, we will follow up with more information and a full description of responsibilities and benefits.

Qualifications

• Evaluating and implementing internal controls.

• Using accounting and financial computer systems, including Vantage Finance.

• Using MS Office products Excel, Word, Access.

• Preparing and approving accounting journal entries.

• Performing reconciliations.

• Communicating ideas, recommendations and findings.

• CPA Licensure preferred or equivalent work experience.
  
  

Why You Should Join Our Team

In addition to our comprehensive, competitive benefits package, this job in the State Treasurer's Office will allow you to use your knowledge to create operational impact on a large, statewide scale.

The Division

Millions of dollars in lost or unclaimed money are turned over to the State of Utah every year.

This money comes from places like dormant bank accounts, old stock certificates, and uncollected insurance checks.

The Division of Unclaimed Property is the official government entity for managing and returning this unclaimed property to the residents of Utah.

Even when you don't know you have it, your unclaimed property still belongs to you.

Our mission is to receive, manage, and reunite this unclaimed property with its rightful owners in a fair, timely, and courteous manner.

Visit mycash.utah.gov for more information – and to search for your own unclaimed property!

The Agency

The Utah State Treasurer's Office is responsible for the collection, safeguarding, investment and disbursement of state funds. This includes the management of banking for all state agencies.

The Office also implements and operates several investment programs, including the Public Treasurer's Investment Fund, and issues all debt obligations authorized on behalf and in the name of the State.

Additional Information

Working Conditions:

Risks found in the typical office setting, which is adequately lighted, heated and ventilated, e.g., safe use of office equipment, avoiding trips and falls, observing fire regulations, etc.Physical Requirements: Typically, the employee may sit comfortably to perform the work; however, there may be some walking; standing; bending; carrying light items; driving an automobile, etc.

Special physical demands are not required to perform the work.