Fiscal Analyst 3 - Permanent & OneWA Project Non-Permanent

Fiscal Analyst 3 - Permanent & OneWA Project Non-Permanent | Work that Matters page has loaded. Fiscal Analyst 3 - Permanent & OneWA Project Non-Permanent | Work that Matters page has loaded.

• Reviewing and analyzing accounting data to ensure accuracy of over $500 million in monthly pension disbursements.
• Reconciling control totals, investigating discrepancies, and monitoring corrective actions to maintain payment integrity.
• Reviewing, verifying, and reconciling IRS deposits and refunds across multiple retirement systems.
• Drafting and reconciling annual IRS 1099-R and 1042-S tax reports to ensure compliance with federal regulations.
• Supporting and training fiscal staff on payment corrections, reissues, and other distribution-related processes.
• Collaborating with internal teams, the record keeper, and financial partners to resolve issues and maintain accurate reporting.
• Analyzing daily and monthly reports of contributions, rollovers, distributions, and payments to identify and correct discrepancies.
• Coordinating and validating daily fund transfers with the Office of the State Treasurer to ensure timely investments and customer disbursements.
• Preparing daily deposits, reconciling activity, and monitoring cash flow to support investment and benefit payment needs.
• Performing reconciliations and journal entries in the Agency Financial Reporting System (AFRS).
• Supporting employers with reporting corrections in the Employer Reporting Application (ERA).
• Researching and resolving complex accounting anomalies such as contribution rejects, disbursement reversals, and lost earnings activities.
• Documenting procedures and suggesting improvements to support effective fiscal operations.

• Demonstrated experience in analyzing, processing, reconciling and balancing transactions and accounting records.
• Intermediate proficiency utilizing Microsoft Outlook and Excel.
• Demonstrated proficiency in the following competency areas: Adaptability/Flexibility, Attention to Detail, Analysis, Mathematical Reasoning, Managing Workloads, Cooperation, Dependability, Reading, Comprehending and Retaining Information.

• Health insurance
• Dental insurance
• Vision insurance
• 401k matching
• Deferred Compensation Program
• Student loan forgiveness
• Flexible work schedules
• Infants at Work Program
• Tuition reimbursement
• Opportunities for professional growth
• Access to LinkedIn Learning
• Commitment to team member safety and wellness
• Community involvement and charitable giving opportunities
• Commute Trip Reduction Program
• Free Parking & EV Chargers available

At DRS, we are one team. We administer eight public retirement systems, 15 retirement plans, and the Deferred Compensation Program, and we serve over 930,000 current and former public employees in Washington.