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Recruitment #21-004549-0018


The constitutional and statutory provisions relating to the Office of the State Treasurer can be found in Articles I, III, V, VI, and XII of the Maryland Constitution; Title 5 of the State Government Article; and Titles 2 and 6-9 of the State Finance and Procurement Article.

The BUDGET & FINANCIAL ADMINISTRATION DIVISION oversees agency administered procurements, including agency specific small procurements as well as larger delegated Statewide procurements related to banking and financial services, insurance and insurance services. In addition, the Division provides daily fiscal support to the operational needs of the State Treasurer’s Office (STO) through the execution of essential accounting and fiscal administrative services specific to the State Treasurer’s mission and in support of its ongoing operations. On behalf of the Board of Public Works, the Division also oversees the State’s Workers’ Compensation contract administered by the Injured Workers’ Insurance Fund (IWIF). 

The ACCOUNTING DEPARTMENT is responsible for assisting with the development and implementation of the annual budget for the STO; provides general accounting services for the STO in the form of fund balance reconciliations, preparation of year-end closing records, maintenance of all financial records, preparation and posting of all Office financial transactions and processing of biweekly payroll; and maintains all accounting controls and procedures. 


17  (Salary Guidelines apply for State Employees)


Annapolis, MD

Main Purpose of Job

This position is responsible for administering general accounting functions for the State Treasurer’s Office. Functions include routing and coding deposits and Treasury invoices; processing interagency accounting transactions including SITF, IWIF, and lease premium recoveries; monthly reconciliations of fund balances and accounting activity; biweekly payroll processing and submission; and preparing analytical support used in annual closing and budget preparation processes. This position is also responsible for processing $1.2 billion in annual debt service payments and $23.6 million in annual lease payments which are critical, time sensitive payments processed via Fedwire and are essential in the preservation of the state’s coveted AAA bond ratings. This position also reviews daily reports and ensures transactions keyed by the Division correctly post to the State’s general ledger. The incumbent also validates and submits agency biweekly regular and contractual payroll in the Statewide Personnel System (SPS).

This is an advanced-level position that requires excellent accounting and analytical skills. This position is responsible for ensuring timely and accurate posting of accounting transactions processed within the department. The ideal candidate should also be able to demonstrate proficiency in proofreading and attention to detail.


Position duties include Statewide and agency-specific general accounting functions, including
  • coding and keying premiums and lease payments
  • preparing and keying Fedwires 
  • processing and keying insurance related payments
  • processing and keying agency check reissues and recoveries from the undeliverable and unpresented funds
  • processing vendor invoices
  • routing daily cash receipts
  • reviewing daily DAFR reports and remediating errors/issues
  • preparing monthly reconciliations for various accounts
  • calculates quarterly check printing fees and submits invoices to participating State agencies
  • validates and processes agency biweekly regular and contractual payroll
  • proofs accounting transaction batches


Education: A Bachelor's degree in Accounting from an accredited college or university, including or supplemented by three credit hours in auditing.

Experience: Three years of experience examining, analyzing and interpreting accounting systems, records and reports by applying generally accepted accounting principles.


1. Candidates may substitute a Bachelor’s degree from an accredited college or university with thirty credit hours in Accounting and related courses, including or supplemented by three credit hours in auditing for the required education.

2. Applicants who have met the requirements for admission to the CPA examination prior to July 1, 1974 will be considered to have met the educational requirement referenced above.

3. Possession of a certificate as a Certified Public Accountant or a master's degree in accounting from an accredited college or university may be substituted for one year of the required experience.

4. Applicants may substitute one year of professional auditing experience for one year of the required experience.

5. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer in the Accounting Officer classification or Financial Management specialty codes in the Accounting field of work on a year-for-year basis for the required experience and education.



Applicants must meet the selective qualification(s) to be considered. Include clear and specific information on your application regarding your qualifications.

  • One of the required years of experience must include payroll processing


Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications.

  • Experience in accounts payable processing and general ledger account reconciliations
  • Advanced skills in Excel
  • Experience with State of Maryland accounting and/or R*STARS 
  • Experience in governmental fund accounting


Applicants must be willing to work in the Annapolis area.


Applicants who meet the minimum and selective qualifications will be admitted to examination for this classification. Successful candidates passing the examination will be ranked as BEST QUALIFIED, BETTER QUALIFIED, or QUALIFIED and placed on the employment (eligible) list for one year.


The examination may consist of a rating of your education, training, and experience related to the requirements of the position. You may be required to complete a qualifications supplement, or the rating may be based on your application. Therefore, it is important that you provide complete and accurate information on your application.  Report all experience and education that is related to this position.




This is a full-time, permanent position with the State of Maryland, and is eligible for full State benefits.  Some of these benefits include:

· Comprehensive, subsidized health, dental and prescription plans

· Flexible Spending Account plans for Health Care and Daycare

· Paid holidays 12-13 per year

· Generous paid leave package (annual, sick, personal and compensatory leave)

· State Pension ("defined benefit" plan)

· Tax-deferred supplemental retirement savings plans (401(k) and 457)

· Free parking

To learn more, click here:  




Job opportunities within the Maryland State Treasurer’s Office are accessible through JobAps, the Statewide Recruitment, Examination and Applicant tracking system.  Please upload a current copy of your resume with your application.


Electronic application is strongly preferred; however, if you do not have access to a computer, you may send a copy of your resume to the State Treasurer's Office, Human Resources, 80 Calvert Street, Room 109, Annapolis MD 21401, or fax to 410-260-4090. 


Any questions regarding this recruitment or the recruitment process may be directed to the STO Personnel Office at 410-260-7078. 


As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity. 


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