Treasury Manager

Equal Opportunity Employer The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation. Position Details Job Code#: JC-524077 Position #: View phone number on click.appcast.io-XXX Working Title: Treasury Manager Classification: ACCOUNTING ADMINISTRATOR I (SUPERVISOR) Salary Range: $7,172.00 - $8,910.00 # of Positions: Multiple Work Location: Alameda County Telework: Hybrid Job Type: Permanent, Full Time Facility: Talent Acquisition/Staffing Department Information State Fund is California’s largest provider of workers’ compensation insurance. Established in 1914 by the state legislature, we offer diverse and comprehensive products and services that provide a strong and stable option for employers and injured employees with fast, reliable claims service and medical and indemnity benefits. Our culture centers on our purpose and values. We exist to provide fairly priced workers' compensation insurance, make workplaces safe, and restore injured workers. To fully represent California, we are committed to our employees by embracing and celebrating our diverse workforce and fostering inclusion to make the workplace a dynamic environment for all. We recognize and reward high performance, yet value a healthy work/life balance. Department Website: Job Description and Duties State Fund’s Treasury Department is seeking a strategic finance professional to lead our Treasury Unit. As a Treasury Manager (Accounting Administrator I, Supervisor), you will play a critical role in safeguarding our financial assets, managing liquidity, and driving sound financial stewardship to support our ongoing mission. Role Overview: Oversee the department’s essential treasury functions, ensuring working capital is optimized and funds are readily available for operational needs, including trade settlements, claims payments, and payroll. This role requires high-level strategic planning with hands‑on management of daily financial operations. Key Responsibilities Banking Operations: Manage day‑to‑day cash positions, movements, and maintain strong relationships with banking partners. Strategic Liquidity Management: Direct cash flow forecasting and liquidity planning to ensure all organizational obligations and investment initiatives are met. Investment Optimization: Maximize investment interest earnings through prudent cash management and strategic short‑term investment oversight. Financial Reporting & Analysis: Provide performance reports and variance analysis to the Treasury and Investment Committee. Audit Collaboration: Collaborate with internal and external auditors, including the California Department of Insurance (CDI) to ensure transparency and timely delivery of information. Compliance & Control: Perform internal reviews of journal entries and reconciliations, while ensuring all activities meet policy guidelines. The Ideal Candidate Will Have The Following Expertise in treasury operations, cash management, and investments. Proven leadership in overseeing critical financial functions and units. Strong analytical skills with the ability to provide actionable financial insights. Excellent communication skills for collaborating with senior management and regulatory bodies. Travel Requirements This position will require travel to the Pleasanton Campus 5+ times a month for trainings, conferences, and meetings, and occasionally to other State Fund offices when business needs require. Special Requirements Effective July 1, 2025, the State of California implemented the Personal Leave Program 2025 (PLP 2025) which reduces an employee’s monthly salary in exchange for leave credits. Employees appointed to this classification will have their monthly salary reduced and will accrue hours of PLP 2025 on the first day of each pay period in accordance with the applicable bargaining contract. The salary range(s) included on this job posting do not reflect the reduction in pay. To be considered, you must provide a fully completed STD 678 application, resume, and any other requested materials. Alternative documents submitted in lieu of required Application, Resume, Statement of Qualifications and/or Statement of Qualifications will be removed from the applicant pool. Completed STD 678 must include duties performed, start and end dates, and hours worked per week for each position held or they will not be accepted. Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list eligibility, are in the process of obtaining list eligibility, have LEAP eligibility, or have SROA and/or Surplus eligibility may be considered. Artificial intelligence (AI) tools such as ChatGPT, website searches, and third‑party reviewers can be helpful in researching responses to the SOQ; however, by submitting your application for this position, you understand and acknowledge the SOQ you submit is your own work, in your own words, and accurately reflects your knowledge, skills, abilities, and experiences. Submitting an SOQ that is not your own may be cause for disqualification from the hiring process. Application Instructions Completed applications and all required documents must be received or postmarked by the Final Filing Date to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application. Final Filing Date: 7/18/2026 Who May Apply Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply. Individuals who are eligible for a Training and Development assignment may also be considered for this position(s). Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s). Required Application Package Documents Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All experience and education relating to the minimum qualifications listed on the classification specification should be included to demonstrate how you meet the minimum qualifications for the position. Resume is required and must be included. Statement of Qualifications – Please address the following in no more than 2 pages: How will your educational background/experiences help you to succeed in this position, as Treasury Manager? Please provide an example. Please share why you are interested in the Treasury Manager Position. Please provide an example of a time when you encountered discrepancies in cash reporting and had to make an ethical decision. Your name and JC number must be on the document submitted. Additional Information Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting. Address for Mailing Application Packages State Compensation Insurance Fund Mailing Address Attn: JC-524077ec PO BOX 659015 Sacramento, CA 95865 Address for Drop‑Off Application Packages State Compensation Insurance Fund Talent Acquisition/Staffing JC-524077ec 2275 Gateway Oaks Drive Sacramento, CA 95833 08:00 AM - 05:00 PM #J-18808-Ljbffr