Supplemental Retirement Plans Accountant

JOB_REQUIREMENTS

Hires in

Not specified

Employment Type

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Company Location

Not specified

Salary

Not specified

Agency

Dept of State Treasurer

Division

Financial Operations Division

Job Classification Title

Accountant IV (NS)

Position Number

65026094

Grade

NC16

About Us

Our mission is to preserve, protect and sustain the state’s pension and healthcare plans, generate investment returns in excess of comparable public pensions, properly account for and report on all funds that are deposited, invested, and disbursed through the North Carolina Department of State Treasurer, assure the financially sound issuance of debt for state and local governments, maintain the state’s “AAA” bond rating, and provide exemplary service across all divisions of the Department.

Description of Work

This position leads the preparation of the annual financial statements including all note disclosures for the SRPs for audit by an external auditor. The position monitors and reconciles the investment management fees and other fees accrued at the custodian by the SRPs. The position prepares instruction letters to the custodian to facilitate the payment of these fees. This accountant position assists in the preparation of the NC Annual Comprehensive Financial Report. In addition, this accountant will work through special projects related to the SRPs as the solutions involves both divisions. This position will also work with the annual and monthly operating budget of the SRPs to ensure that all Board changes are made and there is sufficient funds to satisfy payments for operations. This position has extensive interaction with the Retirement Division staff (RSD), the external auditor, the custodian and record keeper for the Supplemental Plans, and the Office of the State Controller (OSC).

Knowledge Skills and Abilities/Management Preferences

This is a full-time position (40 hours per week) with State Benefits , including health insurance, paid vacation, paid sick time, paid holidays, as well as retirement.

Recruitment Range: $75,000-$90,000.

About us:

The Financial Operations Division of the NC Department of State Treasurer is responsible for the efficient and prudent management of state held assets. The Division is comprised of four areas: Procurement and Contracting, Banking Operations, Bank Reconciliation Unit, and Accounting. The Accounting section is under the supervision of the Departmental Accounting Manager to ensure compliance and consistency around departmental accounting functions. Departmental Accounting manages Accounts Payable, Accounts Receivable, month end close and certifications, Fixed asset reporting, P-card, and some annual Tax reporting.

The Department of State Treasurer's campus is located on Atlantic Avenue, is surrounded by many shopping centers and restaurants, has access to a 24-hour 7-day a week free gym on the campus, and has free employee parking.

Job Duties:

Leads the preparation of the annual financial statements including note disclosures for the SRPs for audit by external auditor.
Ensures statements are in compliance with generally accepted accounting principles as promulgated by the Governmental Accounting Standards Board (GASB).
Leads the preparation of year end financial reporting pertaining to the SRPs.
Responds to inquiries made by the Office of State Auditor (OSA) and OSC.
Communicates both oral and written information to the OSA and OSC related to financial reporting.
Reviews the budget reports for the SRP and ABLE operating funds. Works with the other accounting areas to ensure that the budget is in line with the most recent Board actions. Ensures adequate funds are in the account to fund anticipated accounts payables.
Accounting and financial reporting for equity investment manager fees. Includes, but not limited to analyzing and recalculating fees, comparing recalculated amount to manager invoice and determines if manager’s fee is within tolerance levels, and preparing instruction letters to custodian to facilitate payment of manager fees.

Knowledge, Skills and Abilities / Competencies:

Effective July 1, 2025, candidates now meet the minimum qualifications of a position if they have the minimum education and experience listed from the class specification. The knowledge, skills, and abilities listed in the vacancy announcement should be used as management preferences and be used to screen for the most qualified pool of applicants.

Management Preferences:

Skill in preparation of financial statements, disclosures, and Annual Comprehensive Financial Reports.
Thorough knowledge of generally accepted accounting principles (GAAP)and practices and Governmental Accounting Standards Board (GASB) practices and the ability to provide technical guidance.
Thorough knowledge of current accounting and financial management systems.
Ability to use accounting judgment and theory to independently resolve fiscal issues and to present results of analysis to program administrators.

Supplemental and Contact Information:

* PLEASE SUBMIT YOUR APPLICATION ON-LINE USING THIS WEBSITE *

This position is subject to a criminal history background check through CastleBranch. In addition, one or more of the following may also be reviewed, depending on the nature and requirements of the position: employment history, professional references, credit history, and educational verification (i.e., degree, license, or official transcript). Applicants will be required to pass the background check to the satisfaction of the North Carolina Department of State Treasurer. All offers of employment are conditional until the satisfactory completion of the background check.

This office uses the Merit-Based Recruitment and Selection Plan to fill positions with highly qualified individuals. All applicants must complete and submit a State application for employment using the NEOGOV Online Job Application System ( OSHR - Work for NC ) for the State of North Carolina. To receive credit for your work history and credentials, you must list the information on the online application form. Any information omitted from the application cannot be considered in screening for qualifying credit. Attached or incorporated resumes (including Text resumes on application form) WILL NOT be used for screening for qualifying credit. Please make sure you complete the application in full. For additional information about applications and processes with the state of NC Please visit : How Do I Get the Job

The State of North Carolina, and the Department of State Treasurer, is an Equal Opportunity Employer:

Applicants requesting and receiving an accommodation under the Americans with Disabilities Act (ADA) are eligible to submit paper applications via mail or by fax reference the contact information below. All applicants should indicate the position number and job title in the section "Jobs Applied For".
Applicants seeking Veteran's Preference must attach a DD 214 Form, Certificate of Release or Discharge from Active Duty along with your application.
Applicants seeking National Guard Preference
- North Carolina Army National Guard
- North Carolina Air National Guard
  - Must attach a copy of the NGB 23A (RPAS) or a copy of the DD256 or NGB 22 along with your application.

"See Resume" or "See Attachment" will NOT be accepted and will be considered an incomplete application and will not be processed. Other attachments will also be accepted, but not used in screening for qualifying credit.

Please note, foreign degrees require an official evaluation for U.S. equivalency, and must be submitted to Human Resources for verification. There are several organizations that perform this specialized service, feel free to use any service of your choosing. For your convenience a couple are listed below:

International Education Research Foundation - (310) 258-9451 or www.ierf.org
World Education Services Inc. - (212) 966-6311 or www.wes.org

Due to the volume of applications received, we are unable to provide information regarding the status of your application over the phone. To check the status of your application, please log in to your account and click "Application Status". It is not necessary to contact the Human Resources Office to check the status of an application.

If you are having technical issues submitting your application, please call the NeoGov Help Line at 855-524-5627. If there are any questions about this posting, other than your application status, please email Department of State Treasurer at HR@nctreasurer.com .

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through EITHER years of education OR years of directly related experience, OR a combination of both. See the Education and Experience Equivalency Guide for details.

Bachelor’s degree in accounting, or a degree in business administration, finance or public administration or a related discipline from an appropriately accredited institution with 18 semester hours of accounting coursework; and five (5) years of professional accounting/auditing experience in the preparation of interpretive or analytical accounting/ financial statements and reports or equivalent combination of education and experience.

EEO Statement

T he State of North Carolina is an Equal Employment Opportunity Employer and dedicated to providing employees with a work environment free from all forms of unlawful employment discrimination, harassment, or retaliation. The state provides reasonable accommodation to employees and applicants with disabilities; known limitations related to pregnancy, childbirth, or related medical conditions; and for religious beliefs, observances, and practices.

Recruiter:

William Billings

Recruiter Email:

HR@nctreasurer.com

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