Career Opportunities

(2012) Financial Accountant III (Bureau of Cash Management)

Applicants with disabilities who need reasonable accommodations, such as a Sign Language interpreter, a reader, or assistance attending an interview please call (916) 323-3055.

Position #:
051-420-4193-004 / 051-420-4193-011

Salary Range:
$9,922.00 - $11,267.00

Issue Date:
7/2/2024

Contact:
Lucy Xiong 916-323-6455

Location:
State Accounting & Reporting
3301 C Street
Sacramento, CA 95816

Final Filing Date:
Until Filled

Individuals who are currently in this classification, or are eligible for lateral transfer or promotion, or are reachable on a certification list may apply.  

For permanent positions, SROA and surplus candidates should attach “surplus letters” to their application.  Failure to do so may result in your application not being considered.

Submit application package electronically via your CalCareers account or to address below:  

State Controller’s Office
Human Resources Office
ATTN: Classification Unit - AM
300 Capitol Mall, Ste. 300
Sacramento, CA 95814

Application package must include all the required documents.  Mailed application package must include Position #051-420-4193-004 and 051-420-4193-011 in the job title section.  Application received without this information may be rejected.   

Looking for a job that you can feel passionate about?  Looking for work in an inviting work environment?  If you are interested in working in a fast-paced environment surrounded by enthusiastic and self-motivated people, then look no further!  The Office of the State Controller (SCO) is the destination Constitutional employer within the State of California. 

Benefits: The following link outlines a summary of benefits available to state employees: https://www.calhr.ca.gov/Pages/California-State-Civil-Service-Employee-Benefits-Summary.aspx

The option for Hybrid teleworks is available upon completion of training period.
Free Parking

Applications will be screened and only the most qualified will be interviewed. Please include a copy of your degree, transcripts, and detailed work experience on your application. Application must include “to” and “from” employment dates (m/d/y), hours per week, and prior employer contact information including contact number.  Applications received without this information may not be considered for this position.

The selected candidate considered for the advertised position will be required to undergo a fingerprint clearance and any offer of employment will be contingent upon live scan fingerprint results. 

Please fill out our How’d You Hear About Us survey: https://www.surveymonkey.com/r/MZKWMNW 

Special Instructions: 
Candidates must submit a Statement of Qualifications (SOQ).  Your SOQ should be no longer than two pages, single-spaced and in Arial 12-point font, and address the following:

  1. Describe your technical knowledge and managerial experience related to performing cash management analysis and proposing cash management strategies.
  2. Describe your knowledge and experience managing complex projects, highlighting the challenges that arose and how you successfully addressed them.

Scope of Position:
Under the general direction of the Bureau of Cash Management Chief, a Financial Accountant IV, as a Section Manager, the Financial Accountant III provides direction to supervisory and professional level financial accounting staff performing critically sensitive and complex accounting activities and various cash management processes.

Duties and Responsibilities:

  • Lead, plan, organize, direct, coordinate, instruct, and review the work of supervisory and professional financial accounting staff responsible for complex financial accounting, forecasting, allocations, cash management, reporting, and reconciling of the statewide financial activities.  Such activities pertain to the State Treasury, Pooled Money Investment Account (PMIA), Surplus Money Investment Fund (SMIF), Local Agency Investment Fund (LAIF), General Fund, Cash Accountability accounts, Special Funds, and Bond Funds.  Such activities include:
    • Preparing various program financial accounting reports, statistical information, and financial data for use by Division management, the Executive Office, other state entities, or other interested parties.
    • Analyzing and processing financial accounting transactions including cash transfers, remittances, payments, loans and allocations. 
    • Monitoring the daily accounting for the State’s General Fund revenues, disbursements, and transfers.  Direct the publication of the monthly General Fund Statement of Cash Receipts and Disbursement in accordance with Generally Accepted Accounting Principles (GAAP). Overseeing the development and performance of complex cash flow forecast models under various cash scenarios, analysis of financial trends, legislative changes, and economic conditions impacting the state’s financial future.
    • Overseeing development and performance of complex forecasting of fund cash balances, revenues, and disbursements.  Directing the development of the various reports submitted to the Pooled Money Investment Board and Governor for approval.
    • Evaluating, developing, and implementing cash management processes to determine the need for changes as required by changes to legislation, Constitution, federal directives, court decisions, or financial accounting system requirements.
    • Reconciling Fiscal System financial records to ensure accuracy of statewide financial records which result in financial statements and accurate reporting of the State’s financial position. Resolving outstanding reconciling items. Responding to audit requests.
    • Overseeing the Discharge of Accountability program to approve State agency write off of uncollectible accounts receivables.  Direct staff in the review of discharge requests to ensure collection efforts were exhausted.
  • Evaluate and/or assess staff performance and determine needed training. Identify problems to be resolved or goals to be accomplished.  Identify and attempt to correct performance deficiencies in subordinate staff.  Provide guidance and motivation to solve performance problems.  As required, initiate disciplinary actions. 
  • Meet with the Bureau Chief to assess workload issues for the purposes of creating performance measurements, annual work plans, and project management plans. Participate in the agency's development and implementation of a new financial accounting system (FI$Cal).  
  • Ensure the Section adheres to the overall mission, vision, goals, and objectives of the Division, Bureau and Department. Provide direction and oversight regarding the understanding and implementation of legislation, policies, regulations, and procedures. Conduct ongoing risk assessments, monitor and verify adequacy of internal controls in compliance with the State Leadership Accountability Act.

Desirable Qualifications:

  • Knowledge of accounting principles and procedures
  • Knowledge of the organization and functions of the State Controller's Office and California State Government
  • Ability to interpret and apply laws, rules, standards, and procedures
  • Ability to analyze data, draw sound conclusions, and make recommendations
  • Ability to organize and establish workload priorities, work well under pressures, and exercise initiative and flexibility
  • Organized in managing work and meeting deadlines with the ability to manage multiple priorities requiring quick turnaround times
  • Excellent communication skills
  • Ability to work effectively both independently and cooperatively with others
  • Knowledge and experience with personal computers utilizing Microsoft Outlook, Word, Excel, Access, etc.
  • Self-motivated, dependable, and a positive attitude

MISSION: Protect California's financial integrity while providing transparency and excellent service.

VISION: Provide stewardship of public dollars while building a forward-thinking culture of continuous improvement and innovation.


The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, hair style and texture, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation. Rev. 01/2023