Investment Accountant - Accountant 3

Investment Accountant - Accountant 3

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Investment Accountant - Accountant 3

Salary

$61,110. 40 - $94,806. 40 Annually

Location

Des Moines - 50321 - Polk County, IA

Job Type

Full-time

Job Number

25-00994

Agency

553 Iowa Public Employees' Retirement System (IPERS)

Opening Date

11/14/2024

Closing Date

11/24/2024 11:59 PM Central

LinkedIn Tag

#LI-POST

Point of Contact

Melinda Rushing at Melinda. Rushing@ipers. org

• Description

• Benefits

• Questions

The Iowa Public Employees' Retirement System (IPERS) is hiring an Investment Accountant. The successful candidate will be responsible for performing advanced-level investment accounting work with the objective of ensuring the accuracy and completeness of IPERS' Investment records.

To be successful in this position, the applicant must have the ability to understand and gain in-depth knowledge of all types of IPERS' investments and their valuations. Knowledge of investment-related Government Accounting Standards Board (GASB) standards and Generally Accepted Accounting Principles (GAAP) reporting requirements preferred.

Job duties include, but are not limited to:

Investment Accounting, Reconciliations, and Investment Reporting:

• Coordinate with the custodial bank on proper account set up.

• Verify activity recorded by the custodial bank with internal records and investment manager reporting.

• Document, research, and resolve discrepancies.

• Review and approve investment account reconciliations.

• Ensure general ledger portfolio balances agree to the custodial bank's monthly financial reporting package.

• Serve as the primary contact for the Auditor of the State of Iowa and IPERS' Internal Auditor for questions regarding investment transactions and reporting.

• Perform monthly, quarterly and year-end close processes.

• Analyze quarterly and annual audited private investment fund financial statements and capital account statements, and verity the allocation of fund assets to IPERS' general ledger balances.

• Prepare investment-related information for the Introduction, Financial, Investment and Statistical sections of the Comprehensive Annual Financial Report (CAFR).

Research and Process Improvement:

• Research investment accounting issues and provide professional advice to IPERS staff regarding GASB and GAAP compliance.

• Review investment accounting processes and provide guidance in improving efficiency and accuracy of all investment accounting tasks.

• Act as a liaison between IPERS' Finance Division and Investment Division, external portfolio managers, the custodial bank and external auditors regarding the application of accounting and financial reporting related to IPERS' investments.

As an employee of IPERS, you are a State of Iowa employee and eligible to participate in a comprehensive benefit package that includes:

• Health and Dental Insurance

• Life Insurance

• Long-Term Disability Insurance

• Vacation

• Sick Leave

• Paid Holidays (9 days/year)

• Flexible Spending Accounts (medical and dependent care)

• Defined Benefit Retirement Plans (IPERS)

• Voluntary Retirement Plan (Retirement Investors Club)

Finalists are subject to a background check.

Minimum Qualification Requirements

Graduation from an accredited college or university with twelve semester hours in accounting course work and experience equal to thirty months of responsible full-time work in accounting, accounts examination or verification, budgeting or closely related fiscal work with a governmental agency, public accounting firm, or private industry;

OR

an equivalent combination of education and experience substituting one year of the required experience for each year of the required education to a maximum of four years;

OR

an equivalent combination of education and experience substituting thirty semester hours of graduate level course work in accounting, business administration or finance for each year of the required experience to a maximum substitution of sixty hours;

OR

Certified Public Accountants will qualify with eighteen months of the required experience;

OR

employees withcurrentcontinuous experience in the state executive branch that includes experience equal to nine months of full-time work. as an Accountant 2.

For additional information, please click on thislink to view the job description. (/das. iowa. gov/sites/default/files/hr/documents/class_and_pay/JobClassDescriptions/Accountant3-00312-90312. pdf)

Why Choose the State of Iowa?

At the heart of our commitment to excellence is a dedication to our most valuable asset - our employees. Discover the outstanding benefits that set us apart as an employer of choice.

Our Robust Benefits Package Includes:

Competitive Compensation:

Enjoy a competitive salary that reflects directly on your skills and expertise.

Keep in mind, your wage is just one part of your total compensation. Unlock the complete value of your employment with the State of Iowa by using our user-friendlyTotal Compensation Calculator (/das. iowa. gov/media/3773/download?inline) . Gain insights into your comprehensive annual compensation, including salary and State-provided benefits.

Health and Wellness:

Prioritize your well-being with our comprehensive health plans, including medical, dental, and vision coverage. Enjoy the peace of mind knowing that the State of Iowa covers 90% of the premiums, providing you and your loved ones with excellent coverage at a remarkably low cost.

Retirement Planning:

We are proud to offer the Iowa Public Employees Retirement System (IPERS). A defined benefit plan, IPERS benefits are guaranteed for life, meaning once you retire, you will receive the same monthly benefit for the remainder of your life (once vested). We invest in your long-term financial well-being, so you can retire with peace of mind. to learn more about IPERS (/ipers. org/members) .

Paid Time Off:

Life is unpredictable, and at the State of Iowa, we understand the importance of work-life balance. Our leave policies, including paid holidays, vacation, and sick leave with unlimited accrual, ensure you have the flexibility you need for personal and family matters.

Professional Development:

Elevate your career with continuous learning opportunities. We support your growth through training programs, workshops, and tuition reimbursement.

Employee Assistance Program (EAP):

We care about your well-being beyond the workplace. Access confidential counseling, resources, and support through our Employee Assistance Program.

Diversity and Inclusion:

Be part of a diverse and inclusive workplace that embra.