Financial Analyst; Contracts and Receivables

As a Financial Analyst within the Fiscal and Operations Unit, you will provide contract and billing services. In addition, you'll be responsible for updating and ensuring the Agency Billing System and accounts receivable system accurately reflects the Central Service Model receivables for OFM and GOV as well as a large volume of interagency agreements and contracts receivable. This includes reconciling general ledgers associated with accounts receivable using the accounts receivable system, Enterprise/Web Intelligence reporting and subsidiary tracking systems.

You'll play a pivotal role in the transition to Workday as the agency expert on all accounts receivable for OFM/GOV/OII. You'll support accounts payable functions by auditing and verifying disbursements to vendors, maintain customer accounts, enter fiscal transactions, and prepare periodic reports and statements for agency management.

The starting salary offer will be determined based on the successful candidates' qualifications within the budgeted salary range of $ 60,000 - $76,000 annually. However, there is ability for longevity growth and progression in salary for the individual once employed.

This position is flexible/hybrid, with the ability to work from home, and some travel to monthly/quarterly in person meetings.

Our work at the Office of Financial Management (OFM) serves as a crucial part of the decision-making that the governor, Legislature and state agencies do each year. As an employee of OFM, you will be part of a team of dedicated professionals who work hard every day to provide the vital information and services they need to serve the people of Washington.

If playing a key role in supporting and improving state government matters to you, you've found the right place!

• Foster an environment of diversity, equity, inclusion and belonging. We strive to hire, cultivate and retain a competitive workforce that reflects the communities we serve.
• Encourage a healthy life/work balance by offering flexible/alternative work schedules, wellness program, mobile arrangements and telework opportunities.
• Employees (and their families) have coverage options for medical, dental, vision and basic life insurance.
• Opportunity to enroll in state retirement programs and a deferred compensation plan.
• A minimum of 14 days of vacation leave per year and 12 paid holidays throughout the calendar year.
• OFM offers a commute trip reduction program, tuition reimbursement, membership to statewide Business Resource Groups and an Infants-at-Work program.
• See our Benefits page for more information.

• Accurate and timely processing of all accounts receivable invoices for the Office of Financial Management (OFM), the Office of the Governor (GOV), and Office of Independent Investigations (OII).
• Develop electronic tracking system for all monthly, quarterly, and annual invoicing for OFM/GOV/OII.
• Review contracts to identify accounts receivable implications.
• Research discrepancies regarding past due accounts, and process corrections as needed.
• Provide monthly/quarterly/annual reporting to agency leadership related to outstanding receivables.
• Develop reconciliation processes for accounts receivable system for applicable general ledger accounts.
• Document all processes to ensure readiness for Workday customer (accounts receivable) processing and compare current processes to Workday processes to identify deficiencies.
• Audit daily accounts payable transactions.
• Review and verify batch transactions match the intended results of the payment batch (i.e., correct vendor paid, coding, dollar amounts).
• Maintain detailed payable contract agreement records and…