Senior Financial Analyst

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. It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants. Position Details Job Code #: JC-535444 Position #(s): 402-999-4552-XXX Working Title: Senior Financial Analyst Classification: ACCOUNTING ADMINISTRATOR I (SPECIALIST) $6,623.00 - $8,290.00 New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable. # of Positions: Multiple Work Location: Alameda County Telework: Hybrid Job Type: Permanent, Full Time 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: http://www.statefundca.com Job Description And Duties Job Description and Duties The Senior Financial Analyst (Accounting Administrator I, Specialist) supports the Treasury Program by performing advanced accounting and analytical functions within the Cash Receipts Resolution unit. Working under the Cash Receipts Resolution Manager, this role helps ensure the integrity of cash receipts operations through reconciliation oversight, system expertise, procedure development, reporting, and audit coordination. The position requires strong analytical skills, cross-functional collaboration, and a deep understanding of fiscal controls and financial systems. Role Overview This role serves as the lead subject matter expert for Cash Receipts Resolution, contributing to system development initiatives, reconciliation improvements, and operational enhancements. The Senior Financial Analyst partners with enterprise project teams, legal and compliance functions, IT, and business stakeholders to support efficient cash workflows, robust internal controls, and accurate financial reporting. Key Responsibilities Perform complex accounting and analytical duties supporting Cash Receipts Resolution operations. Act as a subject matter expert for system development and implementation efforts. Collaborate with EPMO, Enterprise Projects, Legal, IT, Risk, Privacy, and business partners. Research, analyze, and resolve discrepancies between the general ledger and bank statements. Conduct monthly reconciliation reviews to ensure financial accuracy and completeness. Develop and update unit procedures with strong fiscal and security controls. Prepare training materials and deliver presentations on Cash Receipts Resolution processes. Prepare and review monthly Treasury & Investment Committee materials, including suspense and Cash Receipts data, and deliver concise project updates on progress, risks, and milestones. Coordinate with internal and external auditors by providing documentation and supporting process requirements. You will find additional information about the job in the Duty Statement . Special Requirements The position(s) require(s) a Background Investigation be cleared prior to being hired. 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. Application Instructions Completed applications and all required documents must be received or postmarked by the Final Filing Date in order 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: 10/27/2026 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. 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). How To Apply Complete Application Packages (including Your Examination/Employment Application (STD 678) And Applicable Or Required Documents) Must Be Submitted To Apply For This Job Posting. Application Packages May Be Submitted Electronically Through Your CalCareer Account At Www.CalCareers.ca.gov. When Submitting Your Application In Hard Copy, a Completed Copy Of The Application Package Listing Must Be Included. If You Choose To Not Apply Electronically, a Hard Copy Application Package May Be Submitted Through An Alternative Method Listed Below: Address for Mailing Application Packages You may submit your application and any applicable or required documents to: State Compensation Insurance Fund Mailing Address Attn: JC-535444 TJ PO BOX 659015 Sacramento , CA 95865 Address for Drop-Off Application Packages You may drop off your application and any applicable or required documents at: State Compensation Insurance Fund Talent Acquisition/Staffing JC-535444 TJ 2275 Gateway Oaks Drive Sacramento , CA 95833 08:00 AM - 05:00 PM Required Application Package Documents The Following Items Are Required To Be Submitted With Your Application. Applicants Who Do Not Submit The Required Items Timely May Not Be Considered For This Job: 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 www.CalCareers.ca.gov. 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 - How have your educational background and professional experience prepared you to succeed in the role of Accounting Administrator I – (Specialist)? In your response, describe specific coursework, certifications, or hands - on accounting experience that has equipped you with the skills needed for this position. Please include at least one example. What motivates you to apply for the Accounting Administrator I – (Specialist) position? Explain how this role aligns with your career goals and why you are interested in contributing to this team. 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.