PERS-Investment Accounting Manager - State of Mississippi - Hinds County, MS

PERS-Investment Accounting Manager - State of Mississippi - Hinds County, MS -

PERS-Investment Accounting Manager
State of Mississippi 29 evaluations – Hinds County, MS
$58,458 a yr

This can be a management degree place overseeing superior accounting obligations that additional embody extremely technical funding accounting content material to make sure the correct and full custody, pricing, receipt of revenue and monetary assertion presentation of a multi-billion greenback funding portfolio. The place manages in-depth analysis, evaluation and correct remedy of funding transactions in accordance with Governmental Accounting Requirements (GASB) pronouncements, in addition to with state regulation, fiscal insurance policies and PERS laws. As well as, this place administers all actions of the PERS custodial bank associated to funding accounting. The incumbent is required to carry out independently in creating and modifying complicated funding accounting methods and is predicted to offer direct supervision over subordinate accountants or non-worker service suppliers. This place requires the incumbent to make evaluations and proposals for top degree management choice-making.

Examples of Work:
Examples of work carried out on this classification embrace, however aren’t restricted to, the next:

Implements and maintains main fiscal insurance policies of a excessive, complicated nature within the funding accounting space.

Establishes and works with essential contacts with banks and funding managers.

Coordinates, directs and assumes duty for fiscal selections, at various levels of finality, which mirror parts of the fiscal exercise of a pension fund.

Establishes procedures for analyzing and reviewing extremely technical funding accounting outcomes and coordinates and/or compiles monetary studies as required following state statutes and authoritative tips for reporting by pension funds.

Offers direct supervision for all funding accounting features and non-worker service staff associated to funding accounting actions.

Supervises the upkeep of superior accounting techniques, complicated ledgers, inner controls, and balances with further technical experience required for the intricacies of accounting for a spread of investments.

Offers direct supervision over in-depth analysis and evaluation of the PERS portfolio of funding securities, associated revenue streams and market pricing coordinating the decision of any anomalies with the custodial bank and funding managers.

Oversees the monitoring of monetary markets and the complete spectrum of PERS funding portfolio.

Resolves any difficulties with custodial bank operations in commerce processing and settlements, securities transition help, tax reclaim providers and company actions providers.

Evaluates numerous features of PERS custodial bank efficiency and formulates corrective motion suggestion to the Deputy Administrator/Director of Finance.

Participates within the RFP and analysis course of for securing custodial bank providers for PERS investments, finally leading to suggestions to the PERS Board of Administrators.

Assists in contract negotiations for custodial bank providers.

Interprets and implements GASB pronouncements and extremely technical actuarial leads to the event of PERS accounting and monetary reporting.

Analyzes and interprets monetary tendencies to be used in excessive degree management choice making and reporting to the PERS Board of Trustees.

Authorizes the cost of custody charges.

Evaluates the efficiency of skilled funding accountants.

Performs associated or comparable duties as required or assigned.

Minimal Qualifications:
EXPERIENCE/EDUCATIONAL REQUIREMENTS: Schooling: A Grasp’s Diploma from an accredited 4-yr school or college in accounting, enterprise, banking, finance, or a immediately associated area, with a minimal of twenty-4 (24) semester hours in accounting; AND Expertise: Six (6) years of expertise in accounting or auditing, three (three) years which should have been in a supervisory capability; OR Schooling: A Bachelor’s Diploma from an accredited 4-yr school or college in accounting, enterprise, banking, finance, or a instantly associated subject, with a minimal of twenty-4 (24) semester hours in accounting; AND Expertise: Seven (7) years of expertise in accounting or auditing, three (three) years should have been in supervisory capability. Substitution Assertion: Certification by the State of Mississippi as a Licensed Public Accountant or a Licensed Monetary Analyst could also be substituted for 2 (2) years of required basic or supervisory expertise. Required Documentation: Applicant should connect a replica of his/her transcript to confirm required coursework. Copy of certification as a Licensed Public Accountant or a Licensed Monetary Analyst have to be hooked up, the place relevant.

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