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Accounts Receivable Officer

Minnesota Department of Employment and Economic Development

Minnesota Department of Employment and Economic Development

Accounting & Finance
Minnesota, USA
Posted on Saturday, June 1, 2024

Under the direction of the Accounting Supervisor Principal – Annual Comprehensive Financial Report (ACFR) Accounting and the Accounting Officer Sr, this high-level accounting position assists with the administration of the Administrative and Loan Accounts Receivables including State Services for the Blind Accounts Receivable, Loan Portfolio Management, and loan tracking. This position works closely with the Receipt Depositing staff by assisting with ensuring that Federal, State, and other funds used for invoices and payments are accurate, transactions processed are effectively and timely reconciled through SWIFT and problems with any accounts are resolved. This incumbent must have been exposed to accounting and technical system knowledge of complex systems including: SWIFT, SEMA4, and the fiscal IA and OBIEE warehouses to perform the functions of the position. This position assists in providing oversight of work activities within the Accounts Receivable and Loans Management unit of the Administrative & Financial Services (AFS) Division. This includes, but is not limited to, assisting in the coordination of the various phases of Accounts Receivable and Loan Management, including maintaining the loan portfolio and related financial transactions, as well as developing procedures and policies for the work of Accounts Receivable and Loan Management making over 4,000 transactions annually.

This posting may be used to fill multiple positions.

Minimum Qualifications

To receive credit for your education and experience, your resume should clearly describe how you meet each minimum and/or preferred qualification listed, including dates of employment.

One (1) year* of experience in accounting, financial management, or grant management.

*Bachelor's degree in accounting, finance, business, or related social service or other closely related field as determined by the agency may substitute one (1) year of experience; master's degree substitutes for eighteen (18) months of experience; PhD substitutes for twenty-four (24) months of experience.

Applicants that meet the above minimum qualification will be further evaluated on the following;

  • Working knowledge of spreadsheets and databases to prepare and present complex financial records and reports.
  • Experience applying Generally Accepted Accounting Principles (GAAP) and practices sufficient in creation of various financial statements and reports.
  • Experience in working closely with internal and external auditors.
  • Ability to analyze and interpret complex fiscal reports and records for adherence and conformance to federal laws, state statutes, and department policies.
  • Experience using Microsoft Office products such as Word and Excel, including use of pivot tables and advanced formulas such as VLOOKUP or similar functions.
  • Communication skills that demonstrate the ability for clear and persuasive presentations.

Working together to improve the state we love.

What do Minnesota's State employees have in common?

  • A sense of purpose in their work
  • Connection with their coworkers and communities
  • Opportunities for personal and professional growth

Benefits

As an employee, you'll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.

Your benefits may include:

  • Paid vacation and sick leave
  • 12 paid holidays each year
  • Low-cost medical, dental, vision, and prescription drug plans
  • Fertility care, including IVF
  • Diabetes care
  • Dental and orthodontic care for adults and children
  • 6 weeks paid leave for parents of newborn or newly adopted children
  • Pension plan that provides income when you retire (after working at least three years)
  • Employer paid life insurance to provide support for your family in the event of death
  • Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury
  • Tax-free expense accounts for health, dental, and dependent care
  • Resources that provide support and promote physical, emotional, social, and financial well-being

Support to help you reach your career goals:

  • Training, classes, and professional development
  • Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov)

Employee Assistance Program (EAP) for work/life support:

  • A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance
  • Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues
  • Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care

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