Financial Specialist, AO - Advanced

Company:  State of New Mexico
Location: Santa Fe
Closing Date: 20/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

$18.34 - $29.34 Hourly
$38,140 - $61,024 Annually
This position is a Pay Band 55
Posting Details
This posting will be used for ongoing recruitment and may close at any time. Applicant Lists may be screened more than once.
This job posting may be used to fill multiple vacancies.
Our Vision

  • Every New Mexican has access to affordable health care coverage through a coordinated and seamless health care system.
Our Mission
  • We ensure that New Mexicans attain their highest level of health by providing whole-person, cost-effective, accessible, and high-quality health care and safety-net services.
Our Goals
  • Leverage purchasing power and partnerships to create innovative policies and models of comprehensive health care coverage that improve the health and well-being of New Mexicans and the workforce.
  • Achieve health equity by addressing poverty, discrimination, and lack of resources, building a New Mexico where everyone thrives.
  • Implement innovative technology and data-driven decision-making to provide unparalleled, convenient access to services and information.
  • Build the best team in state government by supporting employees' continuous growth and wellness.
Why does the job exist?
The Financial Specialist, AO - Advanced will:
  • Review and reconcile all incoming electronic fund transfers (EFT) payments for processing;
  • Identify and accurately process all EFT payments requiring manual posting into Child Support Enforcement System (CSES);
  • Assist employers who are setting up EFT;
  • Effectively communicate with other state and federal agencies.
How does it get done?
The Financial Specialist, AO - Advanced is responsible for:
  • Compiling and reconciling data involving EFT to maintain accounting records;
  • Examining EFT entries on documents, such as bank statements and printouts for completeness and accuracy;
  • Identifying and correcting errors;
  • Communicating with customers, bank personnel, other financial institutions (correspondent banks, Automated Clearing House or Federal Reserve Bank) to obtain information needed to reconcile discrepancies;
  • Posting transaction data to specified accounts, using ledger sheets or computer;
  • Preparing checks to deposit funds in specified accounts.
Who are the customers?
  • Parties of child support cases;
  • Employers, Interstate agencies and other entities who submit child support payments to the State of New Mexico;
  • Internal and external staff who have vested interest in the operation of the State Disbursement Unit.
Ideal Candidate
The Ideal Candidate has experience:
  • Auditing;
  • With accounting and bookkeeping;
  • Working with CSES.

Minimum Qualification
High School Diploma or Equivalency and two (2) years of experience in bookkeeping, accounting and/or finance. Substitutions Apply. See Substitution Table below.
Substitution Table
These combinations of education and experience qualify you for the position:
Education Experience 1 High School Diploma or Equivalent AND 2 years of experience 2 Associate's degree or higher (Bachelor's, Master's) AND 0 years of experience
• Education and years of experience must be related to the purpose of the position.
• If Minimum Qualification requires a specific number of "semester hours" in a field (e.g. 6 semester hours in Accounting), applicants MUST have those semester hours in order to meet the minimum qualifications. No substitutions apply for semester hours.
Employment Requirements
Employment is subject to a pre-employment criminal history background investigation and is conditional pending results.
Must possess and maintain a valid Driver's License.
Defensive Driving Certificate
Working Conditions
Work is performed in an office setting with exposure to Visual/Video Display Terminal (VDT) and extensive personal computer and phone usage. Some sitting, standing, bending and reaching may be required.
Supplemental Information
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Agency Contact Information: Jolene Jaffa, (505) 690-9920. Email
For information on Statutory Requirements for this position, click the Classification Description link on the job advertisement.
Bargaining Unit Position
This position is covered by a collective bargaining agreement and all terms/conditions of that agreement apply and must be adhered to.
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