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State of Utah · 2 days ago

Financial Manager II, Unclaimed Property

Salt Lake County, UT

Full-time

Onsite

Mid, Senior Level

The State of Utah is looking for a finance professional to join their team as a Financial Manager for Unclaimed Property. This role involves implementing internal controls, overseeing budgets, and performing reconciliations to ensure the proper management of unclaimed property funds.

GovernmentInformation TechnologyLaw Enforcement

Responsibilities

Develop and/or implement controls (policies/procedures/standards and/or rules/regulations) to safeguard a nd properly account for department funds/property

Monitor controls to ensure compliance with policies/procedures/standards and/or rules/regulations

Oversee and prepare division budgets

Review fiscal operations to ensure integrity, accuracy and control of data

Perform statistical and/or actuarial analysis by applying appropriate protocols in analyzing data and reaching accurate conclusions

Develop or modify rules, policies, or standards, etc

Perform regular reviews of processed unclaimed property claims and communicate results to division and department management

Makes correcting entries in Vantage to move expenses to/from UP trust to/from budget

Helps/oversees physical inventory of equipment and pilferable items

Consolidates daily holder receipt data from Check deposits, Cybersource, ACH, and wires. Creates a summary for Vantage (Passed to Lora), and uploads the full details to KAPS as a batch to generate holder receipts in KAPS

Creates and distributes the Outstanding Items report each month

Calculates the yearly transfer from the Unclaimed Property trust fund to the Uniform School Fund

Perform periodic reviews of safekeeping and holder receipts/reports

Perform reconciliations between the unclaimed property subsystem and Vantage Finance, between Vantage Finance and the unclaimed property bank account, and between the security custodian's record and the unclaimed property subsystem

Unicate results to division and department management

Run various aging reports to ensure timely completion of processes and communicate progress to division and department management

Oversee user rights in the unclaimed property subsystem to ensure proper separation of duties and to ensure proper user access is granted based on a user's job responsibilities

Prepare department ACH/wires and inter-agency transfers

Assist with creation and/or renewal of division purchasing contracts

Oversee and direct the holder receipt process

Manage special fiscal projects or activities of a highly specialized nature

Manage accounting or budget activities and provide fiscal information