The Financial Operations Division (FOD) of the NC Department of State Treasurer is responsible for the efficient and prudent management of state held assets. The Division is comprised of four areas: Banking Operations, Bank Reconciliation Unit, Statewide Accounting and Departmental Accounting. The primary purpose of this position is to perform the reconciliation function related to the transactions affecting the various depository accounts within the Bank Reconciliation Unit. Primary responsibilities will include: Resolution of discrepancies for bank accounts:
Identify discrepancies between the “deposit amount” recorded internally, and the “deposit amount” recorded by the bank. These transactions include deposits of check receipts, cash receipts, EFT receipts, and ZBA transfers. Disbursements include debits for warrant clearings, wire transfer payments, and ACH disbursements.
Research transaction discrepancies; determine, initiate, and follow the proper resolution through to completion. Research amounts that fall into the unidentified accounts of the depositories assigned:
Research to determine the agency that initiated the unidentified transaction
Once the transaction is identified the money can be moved to the appropriate account
If the transaction cannot be identified work with the specialized banking unit to determine the appropriate next step Cross train and perform back up functions for other areas within the bank reconciliation section. Other duties as assigned.
Knowledge, Skills and Abilities / Competencies:
C onsiderable knowledge of State Banking Operations rules and regulations as well as banking methods, procedures and practices needed to perform the work. Ability to verify and ensure accuracy and validity of moderately complex transactions. Ability to examine banking records to ensure adherence to banking standards and regulations. : Ability to select, understand and fully apply a variety of features of software programs, databases, information systems, and specialized equipment to coordinate varied records processing activities requiring the application and some interpretation of banking procedures, policies, laws, and regulations. Ability to serve as a point of contact for issues of moderate complexity. Ability to communicate effectively with staff, customers, and superiors. Ability to present ideas in a clear, concise, and organized manner.
Minimum Education and Experience Requirements:
High school diploma or equivalency and demonstrated possession of the competencies necessary to perform the work. Management prefers: intermediate knowledge of excel, strong communication skills, ability to work on daily task as well as troubleshoot problems and the ability to work as part of a team to cover assigned tasks.
North Carolina Office of State Personnel - 16 months ago