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Lead Accounting Specialist
2 months ago
AFSCME Pay Band F
Annual Salary Range: $118,000 (Minimum) - $154,000 (Maximum)
The negotiable salary offer will be between $118,000 and $140,710.67 annually, based on experience and education.
Reporting Structure:
Reports to the Payroll Manager.
Position Overview:
The Senior Accounting Analyst plays a crucial role in overseeing the biweekly reconciliation and reporting process for CalPERS. This position requires a comprehensive analysis of employee records and transactions, alongside a robust understanding of CalPERS regulations and guidelines.
The Senior Accounting Analyst is also tasked with providing leadership and direction to the CalPERS reconciliation and reporting team. Responsibilities include developing and implementing new processes, collaborating with various departments, representing the department in discussions with CalPERS representatives, resolving intricate reconciliation challenges, and preparing detailed reports for management.
Key Responsibilities:
1. Prepare biweekly ACH remittances to CalPERS by generating and analyzing relevant reports and interfaces.
2. Ensure compliance with CalPERS regulations by investigating and resolving discrepancies between employee earnings records and CalPERS data.
3. Collaborate with HRIS and CalPERS on payroll-related matters.4. Process corrections and adjustments to employee earnings records as received from HR.
5. Adjust employee CalPERS contributions and issue collection letters as necessary.
6. Reconcile receivables with payroll corrections to guarantee accurate reporting.
7. Verify that all contributions have been correctly sent to CalPERS by reconciling payroll summaries with remittances.
8. Maintain updated payroll records in accordance with CalPERS Document History to reflect all changes in the payroll system.
9. Develop and implement innovative procedures to enhance the efficiency and accuracy of the reconciliation and reporting process.10. Provide support to the payroll department as required and perform additional duties as assigned by the Payroll Manager.
Selection Process:
This position is represented by the American Federation of State, County, and Municipal Employees (AFSCME). Applications will be screened to ensure minimum qualifications are met. Candidates who meet these qualifications will be referred to the hiring department for further selection processes, which may include skills demonstrations, written examinations, and interviews.
The successful candidate must demonstrate reliability and dependability in their employment history, provide necessary documentation, pass a pre-employment medical examination, and undergo a background check.
Educational Requirements:
A Bachelor's degree in business administration, accounting, economics, or a closely related field from an accredited institution is required. CPA certification is preferred.
Experience Requirements:
A minimum of three (3) years of full-time, professional-level experience in general accounting, financial reporting, or auditing is required.
Preferred Qualifications:
A valid CPA certification is preferred.
Knowledge and Skills:
1. Advanced principles and practices of accounting and financial reporting.
2. Laws and regulations governing financial administration in public agencies.
3. Financial and operational analysis principles.
4. Understanding of project costing and asset capitalization.
5. Familiarity with federal, state, and local funding programs and their guidelines.
6. Proficiency in organizing complex financial data using advanced Excel techniques.
7. Knowledge of accounting for investments and trust accounts.8. Principles of financial record keeping and reporting.
9. Understanding of Government Accounting Standards Board (GASB) guidelines.
10. Proficiency in applicable financial software applications.
Skills Required:
1. Ability to perform complex financial analyses independently.
2. Strong communication skills for explaining policies and procedures.
3. Leadership skills to organize and review the work of finance staff.
4. Problem-solving skills to analyze account issues and implement solutions.5. Proficiency in computerized financial/project management systems.
6. Strong organizational skills for reviewing and analyzing financial data.
7. High degree of initiative, discretion, and judgment.
8. Ability to establish effective working relationships with internal departments and external partners.
