Accountant I

JOB OPPORTUNITY ANNOUNCEMENT

Position:          Accountant I

Division:          State Investments and Banking

Union:             Teamsters Local 916/Illinois Federation of Teachers Local Union 4460

Location:        Springfield, Illinois

Salary:            $50,000/annual  

Overview: 

Position Summary:
The Accountant I position performs moderately complex accounting procedures necessary for the accurate recording and monitoring of a variety of financial transactions, bank accounts and state agency general ledger accounts that fall under the responsibility of the Illinois State Treasurer’s Office.  This position is accountable for accurate record maintenance and compliance with all internal and external audit controls.  In addition, this position is responsible for ensuring adherence to all internal procedures, office policies and Illinois law as it relates to the position.  Attendance is an essential function of this position. 


Duties and Responsibilities:
            Clearing Section Related

• • Posts and maintains financial transactions related to state agency clearing accounts
  • Evaluates and records debit/credit memos, checks/ACH return items or any other clearing-related adjustment transactions
  • Generates reports for state agencies which provide financial information related to the Illinois State agencies’ clearing accounts
  • Processes requests received from Illinois State agencies including but not limited to transfers between clearing accounts, non-negotiable drafts issuance and transfers between appropriate bank accounts
  • Researches basic inquiries generated by Illinois State agencies as related to the clearing functions of the State Investments and Banking Division
• Banking Operations Section Related     
  • Generates reports from banking institutions which maintain a contractual relationship with the Illinois State Treasurer’s Office using a variety of information reporting systems
  • Retrieves both opening and intra-day balances from banking institutions which maintain a contractual relationship with the Illinois State Treasurer’s Office and provides this information in the appropriate format to other staff members of the State Investments and Banking Division and to staff members in other divisions of the Illinois State Treasurer’s Office
  • Executes wire transfer and ACH transactions needed for the movement of funds between predetermined bank accounts based on the availability for the purpose of daily investments and expenditures
  • Balances the Comptroller’s daily deposit of state funds into the state treasury and processes all paperwork necessary for the timely and accurate recording of deposited funds to the Illinois State Treasurer’s Office general ledger system
  • Processes check deposits made by State of Illinois agencies
  • Processes paperwork necessary for the timely and accurate recording of deposited funds to the Illinois State Treasurer’s Office general ledger system received through the Comptroller’s daily deposit of state funds into the state treasury
  • Sorting, stamping, mail of IOC deposit receipts
  • Maintains systems and/or spreadsheets necessary for the accurate recording, reconciling and reporting of deposits and information related to deposits made on behalf of various Illinois State agencies, funds and outside entities doing business with the Illinois State Treasurer’s Office 
  • Assist Illinois State agencies in preparation of receipt deposit transmittals
  • Updating letters of credit database
  • Maintains spreadsheets/databases necessary for the accurate gathering and recording of data related to activities of the Illinois State Treasurer’s Office
  • MMF spreadsheet updates
• Investment Operations Section Related
  • Preparation of investment related documentation
  • Organizing and entering data related to balance packets
  • Generates reports that ensure accurate reporting of security-related information
• Serves in a backup capacity for duties assigned throughout the State Investments and Banking Division
• Performs other duties as assigned or required which are reasonably related to the duties enumerated above

• Ability to perform daily work involving moderately complex numerical data and arithmetical calculations accurately
• Ability to communicate moderately complex financial information in a concise and accurate manner
• Ability to operate office equipment
• Proficient in Microsoft Excel, Access and Word
• Ability to maintain spreadsheets, reports and databases in Excel and Access
• Ability and willingness to learn and to adapt work habits to any internal or external reporting system(s) necessary for the State Investments and Banking Division of the Illinois State Treasurer’s Office to carry out its responsibilities in an accurate, ethical and timely manner
• Ability to maintain satisfactory working relationships and communicate effectively with all levels of staff and the general public

Education and Work Experience:
Bachelor’s degree in accounting/finance/business; two (2) years of experience in banking/accounting related work; OR any equivalent combination of experience and training that provides the required knowledge, skills and abilities to carry out the duties of the position.

 

Illinois State Treasurer Employee Benefits:

As a State of Illinois Employee, you will receive a robust benefit package that includes the following:

• A Pension Program
• Competitive Group Insurance Benefits including Health, Life, Dental and Vision Insurance
• Up to 4 Paid Personal Business Days annually
• 12 Paid Sick Days annually (Sick days carry over from year to year)
• 15-25 Days of Paid Vacation time annually - (15 days in year one of employment)
• 13 Paid Holidays annually, 14 on even numbered years, and 1 Floating Holiday.
• 12 Weeks Paid Parental Leave
• Deferred Compensation Program - A supplemental retirement plan
• Optional Pre-Tax Programs such as Medical Care Assistance Plan (MCAP), Dependent Care Assistance Plan (DCAP)
• Federal Public Service Loan Forgiveness Program eligibility
• Commuter Savings Program (Chicago only)

For more information about our benefits, please visit: https://cms.illinois.gov/benefits/stateemployee.html
 

Application Process: Please visit https://illinoisstatetreasurer.applytojob.com/apply to apply by completing the online application, upload a resume and letter of interest.

Posting from 10.15.2026 – 10.25.2026