Investment Accountant 4 Position Available In East Baton Rouge, Louisiana

Investment Accountant 4 Louisiana State Employees’ Retirement System (LASERS) Baton Rouge, LA Job Details Full-time $63,128 – $110,531 a year 1 day ago Benefits 457(b) Health insurance Dental insurance Flexible spending account Tuition reimbursement Paid time off Parental leave Vision insurance Flexible schedule Life insurance Retirement plan Qualifications Master’s degree in accounting General ledger reconciliation CPA Financial auditing Bachelor’s degree in finance Accounting software Financial report writing Bachelor’s degree in economics Mid-level Microsoft Office Finance Analysis skills Bachelor’s degree GAAP Bachelor of Business Administration Financial concepts Accounting Master’s degree in finance Debits & credits Payroll Business Administration Accounting standards 1 year Bachelor’s degree in accounting Master of Business Administration Accounting Banking Full Job Description About us Louisiana State Employees’ Retirement System (LASERS) is state retirement system in Baton Rouge, LA. We are professional, innovative, customer-centric and our goal is to provide a sound retirement plan for our members through prudent management and exceptional service..

Our work environment includes:

Modern office setting Wellness programs Supplemental Information No Civil Service test score is required in order to be considered for this vacancy. Job Description Must have knowledge of: Louisiana Revised Statutes. Generally accepted accounting principles including pension accounting and financial reporting requirements of the Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB). Agency internal Statements of Investment Objectives on General Issues and Investment Manager Guidelines. Global Investment Performance Standards (GIPS) LASERS internal policies and procedures. Integrated accounting and computer systems Regular attendance is an essential job function. This Investment Accountant position is unique in state government and is highly specialized . Incumbent performs duties previously performed by the Investment Division Officers. Position requires several years of on-the-job training to master required investment terminology, reconciliations, and analysis duties. LASERS is the only State retirement systems that does internal fund management which amounts to 36% or $5 billion of LASERS overall $15 billion fund. The Investment Accountants function as the entire back office for internal fund management, which consists of balancing and reconciling assets with custodian bank as well as affirming trades. LASERS portfolio has evolved through time into alternative investments which consist of reconciling fee payments to approximately 34 different alternative investment managers pursuant to the complex individual contracts and side letters (ancillary to general contract terms between general partner and the limited partners). LASERS has expanded tax reclaim monitoring.

ESSENTIAL DUTIES AND RESPONSIBILITIES 95

% – INVESTMENT

FINANCIAL REPORTING

Assists with the specialized accounting and analysis of complex investment transactions to ascertain proper classification, reporting, and compliance with established guidelines and controls that include transactions related to foreign and domestic equities/fixed income securities, foreign currency exchange, alternative investments including hedge funds, real estate and venture capital partnerships. Assists with the monthly close and generation of LASERS financial statements. Assists with the external audit and preparation of year-end financial reports which include LASERS actuarial valuation, Annual Comprehensive Financial Report (ACFR), Summary Annual Report (PAFR), and Retirement Systems Building Partnership financial statements. This includes preparation of the specialized fair value, deposit, and investment risk disclosures that are part of LASERS annual financial statements that must be compliant with GASB standards. Also, this includes the preparation of the specialized Investment Section of

LASERS ACFR

which must comply with Government Financial Officers Association (GFOA) guidelines. Reviews accounting work papers to verify accuracy of the financial information presented. Prepares required analytics, investigates questionable data, and recommends corrective action (if necessary). Prepares journal entries. Prepares monthly reconciliations of assigned general ledger accounts. Updates monthly general ledger reconciliation control report. Reviews and posts entries to General Ledger and subsidiary ledgers as needed. Coordinates and communicates with management, other agency division heads, outside state agencies, external auditors and third party vendors concerning issued reports. Assists in training division managers and staff on use of general ledger applications, when needed. Assists in the maintenance of an independent in-house investment software (TickeX) and third-party investment accounting software (Q2) used exclusively for tracking, affirming, and reconciling all investment activity of internally managed portfolios. Reviews and analyzes investment manager invoices for contractual compliance and submits invoices and analysis for approval and payment. Participates in the development of new accounting techniques in the design and implementation of accounting subsystems, compilation of manuals for accounting and computer application, and preparing managerial reports. 5% – OTHER DUTIES Other special projects as assigned

MINIMUM QUALIFICATIONS

Six years of experience in accounting, auditing, financial operations, payroll, or banking; OR Six years of full-time experience in any field plus twenty-four semester hours in accounting plus three years of experience in accounting, auditing, financial operations, payroll, or banking; OR A bachelor’s degree with twenty-four semester hours in accounting plus three years of experience in accounting, auditing, financial operations, payroll, or banking; OR A bachelor’s degree in accounting, finance, business administration, management, economics, or statistics plus three years of experience in accounting, auditing, financial operations, payroll, or banking; OR An advanced degree in accounting, finance, business administration, management, economics, quantitative methods, or statistics plus two years of experience in accounting, auditing, financial operations, payroll, or banking; OR Possession of a Certified Public Accountant (CPA) license plus one year of experience in accounting, auditing, financial operations, payroll, or banking.

EXPERIENCE SUBSTITUTION

Every 30 semester hours earned from an accredited college or university will be credited as one year of experience towards the six years of full-time work experience in any field. The maximum substitution allowed is 120 semester hours which substitutes for a maximum of four years of experience in any field.

Job Type:

Full-time Pay:

$63,128.00 – $110,531.00 per year

Benefits:

457(b) Dental insurance Flexible schedule Flexible spending account Health insurance Life insurance Paid time off Parental leave Retirement plan Tuition reimbursement Vision insurance

Schedule:

8 hour shift Day shift Monday to

Friday Education:

Bachelor’s (Required)

Experience:

accounting, finance, or investment: 3 years (Required)

License/Certification:

CPA license (Preferred) Ability to

Commute:

Baton Rouge, LA 70809 (Required) Ability to

Relocate:

Baton Rouge, LA 70809: Relocate before starting work (Preferred)

Work Location:

In person