Financial Accountant - Receipting

Financial Accountant - Receipting

Under administrative direction of the Deputy Chief Financial Officer, the Financial Accountant is responsible for financial reporting and accounting functions in the Finance Division of the Teachers' Retirement System of Oklahoma. The incumbent is expected to work cooperatively as a member of the TRS team, incorporating the agency's Mission, Vision and Values.

This position is assigned professional level work in the maintenance, analysis, interpretation and management of financial accounting data. This may include the preparation and posting of various journals, ledgers and accounts, analysis and presentation of financial data, review of various vouchers and invoices, allocation of funds to various accounts or functions, and other similar activities. Prepares and evaluates reports on a monthly basis using information obtained from the System's accounting program to look for anomalies.

The essential duties of this position include, but are not limited to, the following :

• Receipt all checks and warrants received daily from employers, members and financial institutions. Prepare a report showing the allocation of daily revenue.
• Prepare the daily deposit for monies received and provide a copy to the Deputy Chief Financial Officer who oversees cash management.
• Run reports in the State's PeopleSoft Accounting system and enter payments received through Inter / Intra Agency transfers, maintain an Excel file of pending funds received through these transfers, reconcile and receipt these funds with the System's accounting program. This function requires contacting and being the point of contact for agencies and employers who submit payments by EFT through the Office of the State Treasurer and submit reports to TRS for Member contributions.
• Primary Finance department contact for members who are retirees. This function requires communication with members and researching their monthly benefit payments and annuities. This includes reviewing for discrepancies in banking information, tax withholdings, and changes in monthly benefits. This may also involve entering payments into the System's accounting program to reissue monthly benefits to members.
• Prepare and process Federal and State income tax deposits daily.
• Process monthly dues to OREA and RPOE and provide monthly report to appropriate Finance staff.

The Back-up duties of this position include but are not limited to the following :

Qualifications and experience :

Knowledge / Skills / Abilities :

Physical demands :

Equal Opportunity Employment

The State of Oklahoma is an equal opportunity employer and does not discriminate on the basis of genetic information, race, religion, color, sex, age, national origin, or disability.