Accountant I/II - Office of Retirement Services

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About the Department

The City of San José, the Capital of Silicon Valley, is one of the nation's best managed cities and one of the top ten cities in which to live, work, and do business. Moreover, San José is the center of cultural, government and economic activity for the region. The employees of the City of San José have embraced the following values: Integrity, Innovation, Excellence, Collaboration, Respect and Celebration. The City's Retirement Services Department is seeking an individual whose values align with the values of the City's employees.

The mission of the City's Retirement Services Department is to provide quality services in the delivery of pension and related benefits and maintain financially sound pension plans.

The Office of Retirement Services (ORS) oversees the investment of assets and administers the benefits of the two Defined Benefit Retirement Plans for City of San Jose employees. The assets of the two plans total over $6 billion. As of June 30, 2024, there were over 6,400 retirees and beneficiaries, and over 5,100 active employees in the two retirement plans. Each of the retirement plans has a Board of Administration that has fiduciary responsibility over their respective retirement plan. ORS staff has accountability to them as well as City Administration.

For more information on ORS, please visit our website at: http://www.sjretirement.com

Position Duties

The Office of Retirement Services (ORS) is recruiting to fill Accountant I/II position to assist with the issuance of monthly benefit retirement payments and general ledger maintenance within the Accounting Division. This position will report to the Division Manager.

The salary ranges for the Accountant I/II classification are:

• Accountant I: $88,015.20 - $107,059.68
  
• Accountant II: $96,074.16 - $116,778.48
  

These salary ranges include an approximate five percent (5%) ongoing non-pensionable compensation pay.

The position to be filled is in the Accounting Group, as a member of a 6-person team, which will report to the Accounting Division Manager. Job duties include, but are not limited to, the following:

• Accounts payable invoices for professional services and investment managers - ensure in accordance with contract and recalculate investment fees
• Analysis and preparation of monthly Board expenses
• Analysis and preparation of quarterly Budget to Actual reports
• Analysis of actual expenses vs. estimates
• Investment cash projections
• Salary reconciliation and reclassification
• Contribution wires
• Review general ledger for proper classifications
• Pension Gold bank reconciliation
• Monthly expense projection and wires
• Completion of monthly retiree benefit payments for one of the plans
• Special research projects and other duties as assigned.

Minimum Qualifications

Accountant I :

Education: Completion of a Bachelor’s Degree from an accredited college or university in Business, Accounting or related field, which must include twelve (12) semester units in accounting subjects.

Acceptable Substitution : Experience in the maintenance of financial records, systems or transactions may be substituted for the education requirement on a year-for-year basis. There will be no substitution for the twelve (12) semester units in accounting subjects.

Accountant II :

Education: Completion of a Bachelor’s Degree from an accredited college or university in Business, Accounting or related field, which must include eighteen (18) semester units in accounting subjects.

Experience: Two (2) years of progressively responsible accounting or auditing experience.

Other Qualifications

The ideal candidate will possess the following competencies, as demonstrated in past and current employment history. Desirable competencies for this position include:

Job Expertise - Demonstrates knowledge of and experience with applicable professional/technical principles and practices, Citywide and departmental procedures/policies and federal and state rules and regulations.

Analytical Thinking - Approaches a problem or situation by using a logical, systematic, sequential approach.

Computer Skills - Experienced with common business computer applications including but not limited to: MS Outlook, MS Word, MS PowerPoint, MS Access, and MS Excel.

Fiscal Management - Understands the relationship of the budget and resources to the strategic plan; complies with administrative controls over funds, contracts, and procurements.

Problem Solving - Approaches a situation or problem by defining the problem or issue; determines the significance of problem; collects information; uses logic and intuition to arrive at decisions or solutions to problems that achieve the desired outcome.

Reliability - Completes quality work assignments in a timely and efficient manner; fulfills responsibilities and maintains confidentiality as appropriate.

Teamwork & Interpersonal Skills - Develops effective relationships with co-workers and supervisors by helping others accomplish tasks and using collaboration and conflict resolution skills.
Communication Skills - Effectively conveys information and expresses thoughts and facts clearly, orally and in writing; demonstrates effective use of listening skills; displays openness to other people's ideas and thoughts.

Selection Process

The selection process will consist of an evaluation of the applicant's training and experience based on the application and responses to all the job specific questions. You must answer all questions to be considered or your application may be deemed incomplete and withheld from further consideration. Only those candidates whose backgrounds best match the position will be invited to proceed in the selection process. Additional phases of the selection process will consist of one or more interviews.

If you have questions about the duties of these positions, the selection or hiring processes, please contact Angela Tea at angela.tea@sanjoseca.gov.

Additional Information:

Employment Eligibility: Federal law requires all employees to provide verification of their eligibility to work in this country. Please be informed that the City of San Jose will NOT sponsor, represent or sign any documents related to visa applications/transfers for H1-B or any other type of visa which requires an employer application.

You must answer all job-specific questions to be considered for this vacancy or your application will be deemed incomplete and withheld from further consideration. Applicants are expected to write their own essays/responses. Please be advised that use of AI content in your responses may result in your removal from the hiring process.

Please note that applications are currently not accepted through CalOpps or any other third party job board application system.

This recruitment may be used to fill multiple positions in this, or other divisions or departments. If you are interested in employment in this classification, you should apply to ensure you are considered for additional opportunities that may utilize the applicants from this recruitment.

Please allow adequate time to complete the application and submit before the deadline or the system may not save your application. If your online application was successfully submitted, you will receive an automatic confirmation email to the email address you provided. IF YOU DO NOT RECEIVE THE CONFIRMATION, please email CityCareers@sanjoseca.gov and we will research the status of your application.

The City of San Jose offers a wide range of core health benefits including Medical, Dental, Vision, Employee Assistance Program, Life Insurance, Disability, and Savings Plans. Please visit the City's benefits pagefor detailed information on coverage, cost, and dependent coverage.

For information on the City’s Retirement Plan(pension for full-time employees), please visit the Office of Retirement Services website. You will be able to view information based on different Sworn/Federated job classification.

In additional to the benefits above, there is an additional perks siteto explore further benefits of working for the City of San Jose like paid leave, educational reimbursements, and holiday pay are specific to the job classification and union membership.

Closing Date/Time: 1/10/2025 11:59 PM Pacific

• 

• City of San Jose

• 408-535-1285

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