OAL TREASURER

Date: Nov 18, 2025

Req ID: 54239

Location:

Little Rock, AR, US, 72201

Category: DFA - OFC OF ARKANSAS LOTTERY

Anticipated Starting Salary: $94,537

Position Number: 22161743
County: Pulaski
Posting End Date: 12/2/2025
Anticipated Starting Salary: $94,537
Office of Arkansas Lottery

Preferred Qualifications:

A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field, plus three (3) years of experience in treasury management, cash management, or financial operations are required.
Three years of progressively more responsible work experience in treasury management or financial operations including three years in a managerial capacity is preferred.

The mission of the Department of Finance and Administration is to provide Arkansas citizens convenient, effective, and courteous service which will encourage voluntary compliance with tax, license, and child support laws.

Position Information

Job Series: Lottery

Classification: OAL Treasurer – Career Path

Class Code: LLO38P

Pay Grade: SPC06

Salary Range: $94,537 - $139,915

Job Summary

The Office of Arkansas Lottery (OAL) Treasurer is responsible for overseeing all financial management and cash management functions of the Arkansas Scholarship Lottery. This position is responsible for ensuring the proper handling of all cash-related activities, including the receipt and disbursement of funds, cash forecasting, liquidity management, and maintaining the integrity of financial transactions. The OAL Treasurer will also play a key role in ensuring that financial operations align with the Arkansas Lottery's mission to maximize funding for Arkansas scholarships.

Primary Responsibilities

Oversee the management of the Arkansas Lottery’s cash flow, ensuring there is adequate liquidity to meet operational needs, prize payouts, and other financial obligations. Manage the Lottery’s daily cash position and ensure that all cash transactions are processed accurately and timely. Monitor and reconcile daily cash balances across multiple accounts, ensuring accurate tracking and reporting of all transactions. Oversee the administration of banking relationships, ensuring that appropriate financial institutions are used for deposits and cash management services. Oversee the claims center operations to ensure that all payments, including prize payouts, commissions, and vendor payments, are processed according to the Lottery’s established policies and procedures. Prepare and maintain regular cash flow forecasts, providing senior management with visibility into expected revenue, expenses, and available cash balances. Oversee the accurate and timely disbursement of prize funds to winners, ensuring compliance with Lottery rules and regulations. Ensure that internal controls related to treasury functions, cash management, and disbursements are maintained to prevent errors, fraud, and financial mismanagement. Assist in the development and management of the Lottery’s budget, with a particular focus on liquidity, cash forecasting, and financial needs for operational activities. Assist with the preparation of the Annual Comprehensive Financial Report (ACFR). Ensure the timely annual tax reporting to the IRS and the State of W2Gs for prize claimants, and 1099Rs for retailers. Ensure the timely filing of the annual escheatment reports and funds in compliance with the unclaimed property regulations. Assist in the OAL procurement processes to assure that all requirements of State Procurement Law are complied with.

Knowledge and Skills

In-depth knowledge of cash management processes, including liquidity management, bank reconciliations, and financial transactions. Strong ability to prepare accurate and timely financial reports and cash flow forecasts. Proficiency in analyzing financial data to make informed decisions and provide strategic recommendations. Strong analytical skills with the ability to assess complex financial information and identify trends and opportunities. Exceptional attention to detail, with a focus on accuracy and thoroughness in all financial transactions and reports. Excellent written and verbal communication skills, with the ability to present complex financial information to non-financial stakeholders. Deep understanding of financial regulations, including those governing lotteries, gaming operations, and public funds. Strong commitment to ethical financial practices, transparency, and accountability.

Minimum Qualifications

A Bachelor’s degree in Accounting, Finance, Business Administration, or a related field, plus three (3) years of experience in treasury management, cash management, or financial operations are required.

Three years of progressively more responsible work experience in treasury management or financial operations including three years in a managerial capacity is preferred.

Other job-related education and/or experience may be substituted.

Satisfaction of the minimum qualifications, including years of experience and service, does not entitle employees to automatic progression within the job series. Promotion to the next classification level is at the discretion of the department and the Office of Personnel Management, taking into consideration the employee’s demonstrated skills, competencies, performance, workload responsibilities, and organizational needs.

Licensure/Certifications

N/A OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.

The State of Arkansas is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, pregnancy, age, disability, citizenship, national origin, genetic information, military or veteran status, or any other status or characteristic protected by law.

ONLY COMPLETED APPLICATIONS WITH WORK HISTORY WILL BE ACCEPTED.

Applications must include complete work history and references. A resume may accompany the state application but will not be substituted for any part of the application. False, misleading, or incomplete statements may result in disciplinary action and possible termination.

Veteran Preference: A copy of a DD-214 must be submitted to the Hiring Official at the time of interview to be considered for Veteran Preference.

This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. If E-Verify cannot confirm that you are authorized to work, this employer is required to give you written instructions and an opportunity to contact Department of Homeland Security (DHS) or Social Security Administration (SSA) so you can begin to resolve the issue before the employer can take any action against you, including terminating your employment. Employers can only use E-Verify once you have accepted a job offer and completed the Form I-9. For more information on E-Verify, or if you believe that your employer has violated its E-Verify responsibilities, please contact DHS at (888) 897-7781 or dhs.gov/e-verify.