Mar 12, 2026
ACCOUNTING ANALYST
- State of California Office of the Controller
- Hybrid
- $4,256 - $6,591 monthly
Job Description
Under the general direction provided by the Accounting Administrator I (Supervisor), the incumbent will be expected to understand and utilize the Unclaimed Property Management System (UPMS), the State of California laws and financial organization, policies, rules, and regulations of the Legislature, State Treasurer, Department of Finance, and central control agencies as they relate to the State Controller’s Office (SCO) financial management activities, governmental accounting principles, and procedures prescribed by the SCO. The incumbent will apply analytical procedures necessary to reconcile various accounts in the UPMS, independently maintain records related to the securities escheated to the SCO, Unclaimed Property Division (UPD). The incumbent will apply accounting principles and practices; analyze situations accurately and adopt an effective course of action; prepare clear, comprehensive, and concise reports; apply principles of financial markets and develop departmental financial markets related policy; apply statistical methods; analyze a variety of securities accounting data; identify trends, make projections, and draw conclusions; make sound decisions and recommendations with regard to accounting problems; work closely with operating managers to identify accounting office capabilities as they apply to a variety of program needs; establish and maintain cooperative relations with those contacted in the work; and communicate effectively. The incumbent will operate at the developmental, first journey level of this classification, exercise a high degree of independence and perform the full range of duties including, but not limited to, the following functions:
Duties Performed:
(Candidates must perform the following functions with or without reasonable accommodations.)
- Reconcile the securities in the securities portfolio and process less complex security claims for payment.
- Analyze and review less complex security claims and process them per the UPMS workflow, desk procedures and guidelines prior to the final approvals to reunite the abandoned properties with their rightful owners.
- Conduct thorough research and analysis of fiscal transactions for securities from multiple internal and external sources, compile corporate action and share information to analyze and reconcile the UPMS records to the security events recorded in the various documents.
- Reconcile all security issues and custodian shares balances in UPMS against account statements and other source documents received from the SCO’s contracted broker and other brokers; create and maintain account backup worksheets.
- Identify, analyze and post all applicable corporate actions to UPMS and add system notes per the established procedure.
- Analyze and verify that postings of shares and cash received as a result of corporate actions are complete utilizing financial databases and online resources to ensure data is posted accurately in UPMS.
- Discuss discrepancies with the unit leads and management, make necessary corrections as appropriate, and forward the completed security claims for approval and payment.
- Perform peer/second reviews of assignments as directed by the unit supervisor and the section manager to ensure the integrity of the financial records and to safeguard the financial assets for accurate and timely security claim payments.
- Identify and process reports of the security issues fully reconciled for claims per established procedure utilizing system’s features. Contact internal and external resources to resolve discrepancies related to corporate action or transfer of securities.
- Identify problem areas, research, develop and present alternative solutions to management for approval.
- Prepare system requests to make necessary corrections to the records in UPMS due to system conversion errors and system restrictions.
- Provide accounting information, stats and reports to management.
- Develop and update accounting procedures, identify efficiencies and recommend improvements to the security reconciliation, security claim analysis and other unit processes.
- Work on other assignments and special projects as directed by the management.
- Analyze accounting data and identify program problem areas so that corrective measures may be implemented.
- Advise UPD management regarding securities and market trends, interpreting accounting data to identify problem areas and recommending corrective measures.
- Resolve inquiries from the internal and external customers and draft applicable correspondence.
- Identify system issues and propose solutions to management for UPMS enhancements.
About State of California Office of the Controller
As the chief fiscal officer of California, the fourth largest economy in the world, the Controller’s office is responsible for the accountability and disbursement of the state’s financial resources. The Controller independently audits government agencies that spend state funds and administers the payroll system for state government employees and California State University employees. The Controller also safeguards many types of property until claimed by the rightful owners. The Controller serves on 70 boards and commissions with authority affecting policies ranging from land management, affordable housing, and alternative transportation to crime victim compensation and health and educational facilities. They are a member of numerous financing authorities, fiscal and financial oversight entities including the Franchise Tax Board and Board of Equalization. They also serve on the boards of the nation's two largest public pension funds. The Controller is one of eight statewide constitutional officials who are elected every four years in California.