Accountant 1 (Oregon State Treasury, Banking Operations)

Oregon State Treasury is recruiting for the position of Accountant 1 within our Banking Operations team. The position gathers and disseminates information concerning the collection, deposit and disbursement of moneys owed to and by the State of Oregon. ​  

Job Duties Summary  

• ​​Performs bank reconciliations and associated bank adjustments for a broad network of banking institutions. 

• ​Downloads daily bank activity and reconciles the accounts daily.  

• Prepares a monthly bank reconciliation, researches any discrepancies, and makes necessary corrections or adjustments.  

• Calculates and prepares daily employment transfers. This includes working with multiple agencies to balance transfers and research discrepancies. 

• Maintains and controls all records for the Safekeeping program by receiving and processing letters of instruction from agencies for security deposits or withdrawals, processing any coupon bonds received on deposit, maintaining and reconciling securities listing, running monthly reports, and mailing quarterly reports to agencies.  

• Assists with banking’s generalized inquiries mailbox. This includes reviewing emails received from agency personnel and performs user administration for online banking statements by setting up new users and resetting passwords.  

Work Schedule 

This position will have the opportunity for a hybrid (remote and in-office) work location schedule; in-office work will be from Treasury’s Salem office. This position will work in the office one day per week. 

During the initial training period, employees are expected to be in the office more frequently to support onboarding, learning, and collaboration.   

Salary Range 

$52,908 - $80,832 annually. 

Note: Effective February 1, 2026, the compensation plan for this position will be increased to reflect a Cost-of-Living Adjustment (COLA) of 2.5%. The salary listed in this posting does not reflect the COLA. 

Job Classification 

This position is classified as an Accountant 1. This position is ​a SEIU represented position​. 

Required Minimum Qualifications  

• Possession of a Certified Public Accountant or Certified Government Financial Manager certificate; OR 

• A bachelor’s degree in accounting; OR 

• Successful completion of the State of Oregon Accounting Career Mobility Program or equivalent accounting certificate program from an accredited college or university; OR 

• 32 quarter (21 semester) credit hours in Accounting from an accredited institution AND two years of technical, para- professional accounting experience to include: a) classifying, analyzing, and reconciling financial data and records; b) designing, recommending, and installing modifications of accounting methods, procedures, forms, and records; c) preparing financial statements and reports; d) analyzing and interpreting laws, regulations, codes, and ordinances to ensure the legality of financial transactions; and e) analyzing, interpreting, and making recommendations related to accounting transactions, accounts and account relationships resulting in accounting entries. 

Desired Attributes 

Job Specific Attributes  

• Experience providing excellent customer service. 

• Experience with banking operations and controls. 

• Experience with posting and reconciliation of banking transactions.  

• Experience with providing technical support for accounting functions.  

Core Attributes  

• Respect – Treats all individuals fairly and respectfully; works effectively with others; fosters an environment where opportunities to thrive are available to all; respects different values and viewpoints. 

• Teamwork – Acts in a professional, respectful, and courteous manner, recognizes the worth of others, and places the good of the team ahead of personal objectives. 

• Flexibility – Demonstrates willingness to change to meet organizational needs, professionally handles discomfort with a changing work environment, and remains calm in stressful situations. 

• Communication – Effectively articulates and exchanges information with internal and external stakeholders. Is prompt in responding to questions and inquiries. 

• Initiative – Takes appropriate action without waiting for explicit instructions, generates creative approaches to addressing problems and opportunities. 

• Critical Thinking – Identifies and weighs options, makes sound decisions after reviewing all relevant information, plans for potential problems, takes calculated risks, and recognizes impact of solutions. 

• Time Management – Prioritizes and manages time effectively across various competing tasks, demonstrating focus and adaptability, arriving on time for meetings, and meeting deadlines. 

• Attention to Detail – Demonstrates accuracy and thoroughness when accomplishing tasks. 

How to Apply 

You are required to upload your resume and a cover letter describing how you meet the desired attributes listed above.  

Please make sure the attributes and qualifications you possess are clearly demonstrated in your application materials. Following these instructions and providing this information will be used to determine which candidates will be selected to move forward in the process. 

We will accept applications through the job announcement closing date, however, we may close this recruitment early, if we receive a well-qualified applicant pool.  If interested, please apply early. 

Benefits of Joining Our Team 

• Low employee premium share for medical, dental, vision, and basic employee life (1% or 5% employee share); 

• Robust paid leave package, such as vacation, personal business, holidays, sick leave, and floating day of leave; 

• PERS retirement benefits; 

• Support with training and development; 

• Student loan forgiveness under the Public Service Loan Forgiveness Program (PSLF); 

• Optional benefits include optional life, short & long term disability, accidental death and dismemberment, Oregon Savings Growth Plan (deferred compensation plan), flexible spending accounts, long term care insurance, employee assistance program, and more! 

About Oregon State Treasury 

Oregon State Treasury is focused on improving the financial well-being of all Oregonians. We provide low-cost programs for governments, and empower Oregonians to invest in themselves and their loved ones for a more secure future.  

We are committed to cultivating a workplace that is diverse, inclusive, and respectful. We value and 

support the collective differences in who we are and celebrate the fact that everyone comes to the table as their own unique individual. We believe this commitment empowers our success and makes Oregon State Treasury an excellent place to work. As Treasury employees, our commitment to diversity, equity, and inclusion makes this a safe environment for us to ask questions, learn, and grow, and helps us to better serve Oregonians. 

Our Values and Principles 

INTEGRITY---INNOVATION---DIVERSITY---TRUST---PROFESSIONALISM---ACCESSIBILITY  

Please visit the following webpage to learn more about Oregon State Treasury: https://www.oregon.gov/treasury/Pages/index.aspx 

Special Information  

• Prospective employees are subject to an extensive background check that may include, but not be limited to, validation of all application materials, prior employment, and professional references, driving records and fingerprint-based state and federal criminal and civil records.  Adverse background data may be grounds for immediate disqualification. 

• OST does not offer visa sponsorships, and within three days of hire, the successful candidate will be required to complete the U.S. Department of Homeland Security form I-9, confirming authorization to work in the United States. 

• Oregon state government provides preference in employment to qualifying veterans, disabled veterans, as well as current and former servicemembers of the Oregon National Guard, in accordance with ORS 408.225, 408.230, and 408.235. To receive preference you must attach appropriate documentation as outlined by the Department of Administrative Services at the following website: Veterans Resources.  You may also call the Oregon Department of Veterans' Affairs at 1-800-692-9666. 

• OST is an equal opportunity, affirmative action employer committed to a diverse workforce.  

• Consistent with the Americans with Disabilities Act (ADA), Oregon State Treasury will provide reasonable accommodation when requested by a qualified applicant or employee with a disability, unless such accommodation would cause an undue hardship. Requests for reasonable accommodation applies to all aspects of employment, including the application process. If reasonable accommodation is needed, please call Oregon State Treasury at 503-378-4000 and request to be connected to Human Resources.