Title: Trust Accounting Asst Manager
State Role Title: Financial Services Manager I
Hiring Range: 85,000 - 110,000
Pay Band: 5
Agency: Department of the Treasury
Location: JAMES MONROE BUILDING
Agency Website: https://trs.virginia.gov/
Recruitment Type: General Public - G
Job Duties
The Virginia Department of the Treasury is dedicated to serving the Commonwealth by providing excellent financial management and outstanding customer service.
The Virginia Department of the Treasury is currently recruiting for a Trust Accounting Assistant Manager. This position plays an integral role in the Commonwealth’s trust accounting function. The Commonwealth’s trust accounting function is extremely complex, monitoring receipts and disbursements and ensuring accuracy for bond and other payment transactions. This position also primarily oversees the agency accounting functions including the Security for Public Deposits Act (SPDA) and Insurance Collateral programs.
The Trust Accounting Assistant Manager is primarily responsible for assisting with management of the work unit and in particular:
• Coordinating, processing, and reviewing for payment, requisitions submitted for bond reimbursements
• Participating in the development and deployment of an automated requisition processing system
• Preparing essential year-end financial statements and schedules as needed for inclusion in the Commonwealth’s Annual Report
• Preparing and/or reviewing GASB 40 financial reporting
• Reviewing and analyzing new accounting pronouncements for applicability to our reporting structure and participating in the implementation of any new relevant pronouncements
• Supervision of SPDA and Insurance Collateral programs, including reviewing and approving accounting entries for the programs
• Analyzing agency transactions and reconciliations as well as preparing allocation entries for SPDA and Insurance Collateral
• Preparing Treasury Board wire transactions
• Assisting as backup to the second Trust Accounting Assistant Manager, backup to the review and reconciliation of processed checks, and backup to accounting approvals of the Risk program
Minimum Qualifications
• Considerable knowledge of generally accepted accounting principles (GAAP) and general accounting and/or financial reporting experience
• Considerable experience of general accounting and/or financial reporting experience in a government or finance environment
• Working knowledge of preparing annual financial statements,
• Ability to apply accounting principles, practices, and procedures using manual and automated systems
• Strong analytical skills and the ability to analyze and evaluate internal controls
• Some supervisory or team leader experience
• Advanced proficiency in Excel and familiarity with Microsoft Office
• Strong verbal and written communication skills; ability to communicate effectively with internal and external customers
• Strong organizational and time management skills
• Ability to perform multiple tasks concurrently with ease and professionalism
Additional Considerations
The following additional qualifications are preferred but not required:
• A minimum of three years’ governmental accounting experience
• A preferred working knowledge in government financial statements and/or knowledge in the Commonwealth’s Annual Report
• Working knowledge of the Commonwealth’s general ledger accounting system (Cardinal)
Special Instructions
You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.
A résumé and cover letter are required to be submitted. Applications for this position must
be submitted electronically through this website.
The Department of the Treasury telework policy allows for up to two days a week of telework, subject to the position requirements. This position will be located in Richmond, Virginia, and must report on-site until the completion of an approved telework agreement is received.
All finalists are subject to a background investigation. The investigation may include: criminal checks; employment verification; verification of education; and other checks requested by the hiring authority.
Applicants who possess an Interagency Placement Screening Form (Yellow Form) or a Preferential Hiring Form (Blue Form) as issued under the Department of Human Resources Management (DHRM) Policy 1.30 Layoff (Commonwealth of Virginia Employees Only), must attach these forms with their state application.
Mailed, emailed, faxed, or hand delivered applications and résumés will not be accepted.
This website will provide a confirmation of receipt when the application is submitted for consideration.
Please refer to your RMS account for the status of your application and this position.
The Virginia Department of the Treasury is an Equal Opportunity Employer.
Contact Information
Name: Lori Perez
Phone: 804-225-3247
Email: HR@TRS.VIRGINIA.GOV
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.
Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.