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ADMINISTRATIVE OFFICER I (Settlement Specialist)

Full-time

State of Maryland

:

Introduction

The Settlement area is responsible for the processing of big winner and prize settlement payments through the statewide Financial Management Information System (FMIS) and eBooks as well as payment processing from the Agency's bank accounts. This includes the daily end of day processing and reconciliation of federal taxes withheld from lottery winners and subsequent payment of taxes to the IRS. In addition, the Settlement area manages the Agency's cash receipts (i.e., checks received) process, state agency transfers for liability offsets from lottery winners, and certain banking functions including positive pay file uploads and exception reviews. Employees in this classification will report into the Settlement Supervisor.

GRADE

13

LOCATION OF POSITION

Maryland Lottery and Gaming Control Agency 1800 Washington Boulevard Baltimore, MD 21230

Main Purpose of Job

The Settlement Specialist (Admin Officer I) is the staff level of the Claim and Prize settlement area of the Agency. The main purpose of this area is to maintain, reimburse and reconcile certain transactions that directly impact the Agency's bank accounts and budget as well as to assist and support the Accounting Department with the monthly and annual closings, inquiries (research and respond), transaction workflow, internal controls, reporting and their improvements.

POSITION DUTIES

The Settlement area is responsible for the processing of big winner and prize settlement payments through the statewide Financial Management Information System (FMIS) and eBooks as well as payment processing from the Agency's bank accounts. This includes the daily end of day processing and reconciliation of federal taxes withheld from lottery winners and subsequent payment of taxes to the IRS. In addition, the Settlement area manages the Agency's cash receipts (i.e., checks received) process, state agency transfers for liability offsets from lottery winners, and certain banking functions including positive pay file uploads and exception reviews. Employees in this classification will report into the Settlement Supervisor.

MINIMUM QUALIFICATIONS

Education: Graduation from an accredited high school or possession of a high school equivalency certificate.

Experience: One year of administrative staff or professional work.

Notes:

1. Candidates may substitute 30 college credit hours from an accredited college or university for the required experience.

2. Candidates may substitute U.S. Armed Forces military service experience as a commissioned officer involving staff work that included regular use of independent judgment and analysis in applying and interpreting complex administrative plans, policies, rules or regulations or analysis of operational programs or procedures with recommendations for improvement on a year-for-year basis for the required experience.

DESIRED OR PREFERRED QUALIFICATIONS

Preferred Qualifications: Preference will be given to applicants who possess the following preferred qualification(s). Include clear and specific information on your application regarding your qualifications.
  • Proficient in Excel
  • Experience With Financial reconciliation
  • Experience With Payment/invoice processing

LICENSES, REGISTRATIONS AND CERTIFICATIONS

Employees in this classification may be assigned duties which require the operation of a motor vehicle. Employees assigned such duties will be required to possess a motor vehicle operator's license valid in the State of Maryland.

SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Successful candidates will be ranked as Best Qualified, Better Qualified, or Qualified and placed on the eligible (employment) list for at least one year.

BENEFITS

STATE OF MARYLAND BENEFITS

FURTHER INSTRUCTIONS

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment. Resumes will not be accepted in lieu of completing an application. All information concerning your qualifications must be submitted by the closing date. We will not consider information submitted after this date. Applicants will be rated based on their description of job duties and responsibilities. Applicants should be thorough in completing this requirement. The online application process is strongly advised. If the online process is not available to you, you may complete and submit a paper application or direct any questions to: Maryland Lottery and Gaming Control Agency 1800 Washington Blvd., Ste. 330 Baltimore, MD 21230 View email address on us.edajobs.com TTY Users: call via Maryland Relay As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State's diversity. People with disabilities and bilingual candidates are encouraged to apply. We Thank our Veterans for their service to our country.
Vacancy posted 1 day ago
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