EXEC V
Director of Finance and Office Operations
Recruitment #21-009605-0001
Department | Treasury Insurance Management |
---|---|
Date Opened | 11/29/2021 4:45:00 PM |
Filing Deadline | 4/12/2022 12:24:00 PM |
Salary | $94,378.00 - $128,424.00/year |
Employment Type |
Full-Time
|
HR Analyst | Cissy Blasi |
Work Location |
Anne Arundel
|
Introduction
GRADE
LOCATION OF POSITION
Main Purpose of Job
POSITION DUTIES
Key Functions include:
- Formulates, justifies and executes the Treasurer’s Office $45-50
million annual budget which includes funding for agency operations as well
as funding for costs of issuance and general advisory fees related to
annual bond sales, and insurance costs related to statewide commercial
premiums and the State Insurance Trust Fund; coordinates submission of
budget, analyzes and projects additional needs
- Manages agency year-end closing processes, submits closing
schedules to Department of Budget & Management (DBM) and the General Accounting
Division (GAD), prepares and submits year-end accrual and closing entries
into State’s financial system
- Approves all transactions for transmit into FMIS, ensuring processing
in accordance with GAD requirements and State standards
- Manages compilation of Auto, Tort, Officers & Employees, and
Property insurance rates to be charged to each State agency required by
DBM to be included in annual budget instructions.
- Administers collection and remittance of Injured Workers’ Fund
compensation coverage for State Employees
- Negotiates agreements and submits annual reports to the Secretary
of the US Dept of Treasury, develops and monitors the federal Treasury
State Agreement (TSA) for State on behalf of the Treasurer’s Office for
all State agencies that are party to the CMIA agreement, prepares and
submits the Annual CMIA Interest Calculation and Direct Cost Report to the
federal Treasury, calculates and monitors Statewide and agency clearance
patterns, prepares responses and resolves CMIA audit findings for the
Treasurer’s Office and assists State agencies in resolving their CMIA
audit findings
- Processes debt service payments of approximately $1 billion
related to General Obligation debt issuance and $70 million related to
Capital Lease Financing payments timely in order to preserve State’s AAA
credit rating
- Oversees financial services procurements which are delegated to
the State Treasurer under COMAR Title 21 and Article VI, Section 3 of the
State Constitution, used Statewide by agencies
- Directs organizational planning and structure of the Finance and
Office Operations Division, including strategic planning, resource
allocation, staffing, leadership and production methods; directly manages
accounting staff
- Coordinates development, enhancements and implementation of new,
revised and up-graded specialized automated accounting and budgeting
systems, including Treasurer’s Office systems for Insurance and Treasury;
assists in planning of Statewide financial management capabilities
studies; participates in planning and evaluation of Statewide proposals
for issues affecting financial management or resources; responds to fiscal
notes and estimates for proposed laws and regulations
MINIMUM QUALIFICATIONS
Bachelor’s Degree from an accredited 4-year college or university in Accounting or related field.
Post Graduate work is desired.
DESIRED OR PREFERRED QUALIFICATIONS
The ideal candidate will have:
At least four (4) years of employment experience maintaining financial records, control and procedures relating to budgetary expenditures; monthly account reconciliation; year-end closing; accounts receivable; accounts payable; and insurance accounting transactions
Additionally, the candidate will possess experience in governmental fund accounting and grant accounting, previous experience with the State of MD R*STARS accounting system, and proficiency in MS Word and Excel.
CPA certification is a plus.
LIMITATIONS ON SELECTION
Conclusion
SPECIAL REQUIREMENTS
BARGAINING UNIT STATUS
BENEFITS
FURTHER INSTRUCTIONS
If you need to fill out a paper application, please forward to: Maryland State Treasurer’s Office 80 Calvert Street, Room 109 Annapolis, Maryland 21401 Attn: Human Resources or hr@treasurer.state.md.us or FAX: 410-260-4090