Graduate Accountant II – Cash Management

Job Description

Graduate Accountant II | Commonwealth of Kentucky

The Tone:
This is a full-time role at Kentucky Public Pensions Authority (KPPA), located in Frankfort, KY, with potential for telecommuting. KPPA is responsible for the investment of funds and administration of pension and health insurance benefits for nearly 444,000 state and local government employees, state police officers, and nonteaching staff. This role performs complex accounting duties vital to the financial operations of KPPA, ensuring accurate reconciliation and fund management for these critical public services.

The TL;DR
• Role: Early Career
• Type: FULL TIME | ELIGIBLE FOR OVERTIME PAY | 37.5 HR/WK
• Location: Hybrid, Frankfort, KY
• Pay: $3,600.84 – $4,861.14 Monthly
• Team: Division of Accounting/Cash Management
• Mission: This person solves or owns developing and/or modifying accounting systems for KPPA, including multiple account reconciliations with custodial and depository banks.
• Tech Stack: Microsoft Office, Microsoft Excel, eMARS, Great Plains, Workiva

What You’ll Actually Do
• Reconciliation: Reconcile the bank to the General Ledger daily, including creating cash receipts for electronic deposits, and reconcile the General Ledger to Finance monthly.
• Fund Management: Create the daily qualification of funds received and transfer qualified funds from the depository bank to the custodial bank for investment.
• Expenditure Approval: Approve all General Accounting Expenditure (GAX) documents within the eMARS system.
• Contract Approval: Approve the setup of all Investment Purchase System (IPS) contracts.
• Investment Support: Work closely with the Investments team to ensure that all Capital Calls and transfers are initiated and approved in a timely manner.

The Must-Haves
• Background: Graduate of a college or university with a bachelor’s degree, including twenty semester hours or thirty quarter hours in accounting.
• Experience: One year of professional accounting experience. Professional experience in Kentucky State Government accounting will substitute for the education on a year-for-year basis.
• Skills: Experience in accounting/finance, proficiency in Microsoft Excel, excellent written and verbal communication skills, and strong analytical and critical cognitive skills.