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Job Description
This position is mainly virtual, however the incumbent needs to have the flexibility to come into the office in Olympia when there is a business need. The ideal candidate for the LCD Treasury Manager role is an accomplished financial leader with deep expertise in cash management, trust fund oversight, and complex public-sector accounting. They bring a proven ability to ensure accuracy, integrity, and compliance in all financial transactions and reporting while managing high-volume cash flows and safeguarding public assets. With a strong command of Generally Accepted Accounting Principles (GAAP), state accounting policies, and treasury operations, this individual excels at navigating intricate financial environments where precision, timeliness, and risk mitigation are paramount. This leader thrives in a role that blends strategic vision with hands-on operational oversight. They have demonstrated success designing and implementing financial processes, optimizing internal controls, and leading teams through regulatory, technological, and programmatic change. The ideal candidate is comfortable serving as a subject matter expert for Enterprise Resource Planning (ERP) financial modules, collaborating with partners such as the State Treasurer's Office, State Auditor's Office, Office of Financial Management, the Washington State Investment Board, and the State Actuary. They are adept at producing auditable financial statements, managing trust fund solvency, and ensuring that "proper funding is available and that sufficient funds are on hand to honor all warrants and other payment types. Equally important, this candidate is a people-centered leader who builds high-performing teams and fosters a culture of accountability, inclusiveness, and continuous improvement. They bring strong communication skills, sound judgment, and the ability to guide Treasury and Research & Analysis staff through complex customer service, reconciliation, and fraud-prevention activities. With a commitment to public service and operational excellence, the ideal candidate ensures that Paid Family and Medical Leave (PFML) and Long-Term Services and Supports (LTSS) benefits are delivered accurately, securely, and on time. Some of what you'll do: Manage the flow of cash for state programs and the Department's operations.
The LCD Treasury office performs:
Coordination, projection, and management of cash to meet daily requirements for both administrative and benefit outlays Banking activities including electronic fund transfers The receipt and disbursement activities of local checking accounts Maintaining accounting system records to meet state reporting requirements Establishing and maintaining general ledger accounts Tracking/monitoring revenues, expenditures, accounts receivables and payables Reconciliation of warrants/checks issued, redeemed, and cancelled Computing/maintaining balance requirements that comply with desired levels of achievement for both the PFML and LTSS trust funds Developing procedures to improve internal controls and processes Manage the
PFML and LTSS Trust Fund:
Ensures that PFML benefits are issued and that proper funding is available and that sufficient funds are on hand to honor all warrants and other payment types so that they can be property redeemed for PFML and LTSS programs Ensure all PFML and LTSS assessment collections are processed and deposited in a timely Maximizes earnings of the PFML and LTSS funds and the benefit banking account by coordinating the prompt movement of cash between accounts Monitor State Treasurer Fund Balances and maintain positive month end closing balances in ESD funds. Negotiate banking contracts and processes with the Office of the State Treasurer so that the required accounts and proper features are in place to successfully handle the high dollar and large transaction volumes ESD generates Manage, design and implement strategies for addressing new business requirements, financial programs and technology applications: Plan and implement high-level approaches within the LCD Treasury office and when applicable, within the Department, to major changes that arise from new programs, regulations, rules and statues that substantially impact ESD Manage, mentor and lead Treasury staff work activities: Acts as the primary contact for PFML and LTSS with the State Treasurer's Office (STO), State Auditor's Office (SAO) and OFM. This position is expected to work with State Actuary, the SIB, Department of Social and Health Services and the Health Care Authority To request a detailed position description, click here . 7 years' experience leading financial, accounting, treasury, or cash-management operations in a complex organization, including 3 years' experience supervising entry level and para-professional fiscal staff OR Associate's degree in accounting, business administration or closely related field AND 5 years' experience leading financial, accounting, treasury, or cash-management operations in a complex organization including 3 years' experience supervising entry level and para-professional fiscal staff OR Bachelor's degree in accounting, business administration or closely related field AND 3 years' experience leading financial, accounting, treasury, or cash-management operations in a complex organization including 3 years' experience supervising entry level and para-professional fiscal staff AND 30 Hours of Accredited Accounting Courses Required equity competencies: The ability to take action to learn and grow The ability to take action to meet the needs of others The required experience includes: Ensures accuracy, integrity, and compliance in all financial transactions and reporting Applies strong judgment in managing high-volume cash flows, trust funds, and benefit payment systems Maintains rigorous internal controls to safeguard public assets Manages complex financial operations with precision, consistency, and timeliness Optimizes processes to improve efficiency, reduce risk, and strengthen accountability Anticipates operational needs and adjusts strategies to meet evolving program requirements. Provides clear direction, coaching, and support to Treasury and Research & Analysis staff Builds a collaborative, high-performance team environment Uses financial systems and ERP platforms to ensure accurate recording, reporting, and reconciliation Serves as a subject matter expert in system design, testing, and implementation for financial module
Special Requirements/Conditions of Employment:
Must be able to pass an Unemployment Insurance (UI) and Paid Family Medical and Leave (PFML) claim and fraud check Please submit only the required documents as noted below and ensure all Personal Identifying Information (PII) such as Social Security numbers etc. are edited out of your materials for privacy. Additionally, we ask that you not include photographs or external links within your documents. Any documents uploaded through this platform will be securely transmitted electronically to support application review. Please submit your Cover Letter, Resume, and applicable Transcripts with your Online Application through the "Add Attachments" field. A resume will not substitute for the "work experience" section of the application or vice versa. Applications with blank fields, or supplemental question responses with comments such as "see attachments" may be considered incomplete. Our agency's mission and values drive every decision that we make, determine how we interact with others, and are at the core of who we are. We value Access, Love, Belonging, Equity, and Stewardship. We understand that a work environment that respects your work/life balance is key; that's why many of our positions are eligible for flexible work schedules and teleworking opportunities. Through support, value, and trust, our employees are empowered to grow and develop into their best self. Opportunity for All We strive to create a working environment that includes and respects cultural, ethnic, racial, religious, sexual orientation, and gender identity diversity. Women, racial and ethnic minorities, people with disabilities, people over 40 years of age, people with religious beliefs, veterans or people with military status, and people of all sexual orientations and gender identities are encouraged to apply. The Employment Security Department is an equal opportunity employer/program. Auxiliary aids and services are available upon request to individuals with disabilities. If you are a person needing assistance in the application process, if you need this job announcement in an alternate format, or if you have general questions about this opportunity, please contact Caleb Baldwin or at 253-306-2999 or the Talent Acquisition Team , prior to the position closing. If you are having technical difficulties creating, accessing, or completing your application, please contact careershelp@des.wa.gov or (360) 664-1960 or toll free (877) 664-1960, Washington Relay 711. •This Organization Participates in E-Verify•
