OAL TREASURER

Position Number:
County:
Pulaski
Posting End Date: 2/17/2026

Anticipated Starting Salary: $94,537

Office of Arkansas Lottery

A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field, plus three (3) years of experience in treasury management, cash management, or financial operations are required.
Three years of progressively more responsible work experience in treasury management or financial operations, including three years in a managerial capacity, is preferred.

The mission of the Department of Finance and Administration is to provide Arkansas citizens convenient, effective, and courteous service which will encourage voluntary compliance with tax, license, and child support laws.

Job Series: Lottery

Classification: OAL Treasurer – Career Path

Class Code: LLO
38P

Pay Grade: SPC
06

Salary Range: $94,537 - $139,915

The Office of Arkansas Lottery (OAL) Treasurer is responsible for overseeing all financial management and cash management functions of the Arkansas Scholarship Lottery. This position is responsible for ensuring the proper handling of all cash-related activities, including the receipt and disbursement of funds, cash forecasting, liquidity management, and maintaining the integrity of financial transactions. The OAL Treasurer will also play a key role in ensuring that financial operations align with the Arkansas Lottery's mission to maximize funding for Arkansas scholarships.

• Oversee the management of the Arkansas Lottery’s cash flow, ensuring adequate liquidity to meet operational needs, prize payouts, and other financial obligations.
• Manage the Lottery’s daily cash position and ensure all cash transactions are processed accurately and timely.
• Monitor and reconcile daily cash balances across multiple accounts, ensuring accurate tracking and reporting of all transactions.
• Oversee the administration of banking relationships, ensuring appropriate financial institutions are used for deposits and cash management services.
• Oversee the claims center operations to ensure all payments, including prize payouts, commissions, and vendor payments, are processed according to the Lottery’s established policies and procedures.
• Prepare and maintain regular cash flow forecasts, providing senior management with visibility into expected revenue, expenses, and available cash balances.
• Oversee the accurate and timely disbursement of prize funds to winners, ensuring compliance with Lottery rules and regulations.
• Ensure internal controls related to treasury functions, cash management, and disbursements are maintained to prevent errors, fraud, and financial mismanagement.
• Assist in the development and management of the Lottery’s budget, with a particular focus on liquidity, cash forecasting, and financial needs for operational activities.
• Assist with the preparation of the Annual Comprehensive Financial Report (ACFR). Provide timely annual tax reporting to the IRS and the State of W2
  
  Gs for prize claimants, and 1099
  
  Rs for retailers.
• Ensure the timely filing of the annual escheatment reports and funds in compliance with unclaimed property regulations.
• Assist in the OAL procurement processes to assure that all requirements of State Procurement Law are complied with.

In-depth knowledge of cash management processes, including liquidity management, bank reconciliations, and financial transactions. Strong ability to prepare accurate and timely financial reports and cash flow forecasts. Proficiency in analyzing financial data to make informed decisions and provide strategic recommendations. Strong analytical skills with the ability to assess complex financial information and identify trends and opportunities. Exceptional attention to detail, with a focus on accuracy and thoroughness in all financial transactions and reports.

Excellent written and verbal communication skills, with the ability to present complex financial information to non‑financial stakeholders. Deep understanding of financial regulations, including those governing lotteries, gaming operations, and public funds. Strong…