Job Description
The CalSTRS Financial Planning, Accounting and Reporting Division is seeking a motivated individual to work as a Financial Accountant IV (FA IV) on the Investment Accounting Team.
The Financial Planning, Accounting and Reporting Division is responsible for developing and maintaining the annual financial planning processes, preparing accounting records and managerial reports detailing cost and performance information, and coordinating and preparing the financial statements in compliance with generally accepted accounting principles.
The Investment Accounting Unit records, reports and analyzes activity related to CalSTRS investment portfolio as required by generally accepted accounting principles for all CalSTRS programs including defined contributions.
Under the general direction of the Assistant Director, Financial Reporting & Investment Accounting (CEA B), the FA IV plans, organizes and directs the work of technical and professional staff performing the most critically sensitive and complex financial and investment accounting activities. The incumbent oversees staff in the accounting and financial reporting of investment transactions and activities for CalSTRS’ highly complex and diversified multi-billion-dollar investment portfolio (approximately $347.6 billion investment assets as of June 30, 2023), including complex research, internal control and compliance with accounting standards mandated by the Governmental Accounting Standards Board (GASB), Financial Accounting Standards Board (FASB), and the Government Finance Officers' Association (GFOA).
The FA IV manages investment accounting contracts and interacts with highly skilled professionals and managers within CalSTRS’ Investments Branch and other branches, external portfolio manager firms, master custodians and trustees.
Ideal Candidate Skills
- Positive leadership style, interpersonal, and team building skills.
- Excellent verbal/written communication skills and ability to work collaboratively with multi-level staff, and various internal and external stakeholders.
- Excellent analytical and quantitative skills.
- Excellent project management and organizational skills with the ability to meet the challenge of working in a fast-paced and continuously changing work environment.
- Experience researching, interpreting, documenting, and implementing changes in accounting and financial reporting for investments.
- Knowledge of GASB for financial reporting and investment reviews for public pension funds.
Telework Information: CalSTRS offers a hybrid approach including in-office and remote work solutions with staff working on-site at our Headquarters in West Sacramento 2 days per week.
Does this opportunity seem right for you? If so, see the Application Instructions section below and apply now.
You will find additional information about the job in the Duty Statement.
