County of Alameda

DESCRIPTION

Under general direction creates timely and accurate financial statements, administers financial systems and analyzes financial data to complete reports and to make recommendations and other related duties.

DISTINGUISHING FEATURES

The Retirement Accountant III is located in the Alameda County Employees’ Retirement Association and reports to the Retirement Assistant Accounting Manager. It is a professional level position, which includes responsibility for continuous project management, advance problem solving skills and responsibility for integration of numerous reports and systems to complete assigned tasks. Retirement Accountant III’s leads and trains accountants and fiscal-clerical personnel.

EXAMPLES OF DUTIES

NOTE: The following are the duties performed by employees in this classification. However, employees may perform other related duties at an equivalent level. Each individual in the classification does not necessarily perform all duties listed.

1. Directs, reviews, and approves the work of staff accountants in a variety of balance sheet classifications, including cash, prepaid expenses, fixed assets, accounts payable and accounts receivable.

2. Provides on-going reassessment of current departmental procedures, implementing improvements to work flow and transaction documentation, as advisable for efficient operation.

3. Trains new employees.

4. Prepares monthly financial statements and other reports by analyzing and summarizing financial and statistical data. Identifies significant financial reporting events and prepares footnote disclosures for annual audited financial statements.

5. Prepares a variety of highly complex periodic and special reports on pension fund requirements, including investment performance, actuarial analysis (e.g. ERISA reporting, DOL standards) and compliance with state and federal tax law.

6. Examines and analyzes the Association’s fiscal operations, recommending enhancements to the department’s record-keeping, financial accounting and budgetary controls, as advisable for efficient operation.

7. Assists in the preparation of monthly, quarterly and annual budgets, including technical accounting and statistical analysis to support appropriate funding levels. Analyzes institutional investment and pension accounting records for use in preparing annual cash flows and budgets.

8. Prepares trend analysis report of cash disbursements. Forecasts, calculates and analyzes prepaid contributions, investment income and expenses.

9. Develop and maintain financial forecast including statement of cash flow.

10. Prepares a variety of highly complex periodic and special report involving statistics, and legal requirements, such as tax compliance, ERISA, DOL standard of application.

MINIMUM QUALIFICATIONS

Either I

The equivalent of three years in the class of Retirement Accountant II in the Alameda County classified service.

Or II

The equivalent of three years full-time experience in the class of Senior Accountant or Auditor II in the Alameda County classified service.

Or III

Education:

Education equivalent to graduation from an accredited four-year college or university with major course work in accounting, finance or business administration, AND

Experience:

The equivalent of five years full-time increasingly responsible professional accounting or auditing experience (which included accounting/fiscal duties and responsibilities). Experience must also include two years of supervisory responsibility.

NOTE: The Civil Service Commission may modify the above Minimum Qualifications in the announcement of an examination.

KNOWLEDGE AND SKILLS

NOTE: The level and scope of the following knowledge and abilities are related to duties listed under the “Examples of Duties” section of this specification.

Knowledge of:

• Project management techniques
• Leadership principles.
• Accounting software programs.
• Spreadsheet and word processing software.
• Generally accepted accounting principles and financial record keeping practices.
• Both manual and automated systems.

Ability to:

• Read and interpret complex employee benefit and pension plan regulations and plan documents, including the County Employees Retirement Law of 1937.
• Prepare comprehensive financial reports and budgets.
• Explain complex procedures to coworkers and coach staff in new skills and procedures.
• Identify emerging risk issues and trends and present analysis to management.
• Establish priorities, analyze problems and identify solutions under pressure.
• Meet deadlines and follow-up on responsibilities.
• Lead work groups and protect teams effectively.
• Prepare and deliver presentations to groups.
• Resolve service-related conflicts and to consistently deliver quality service to internal and external customers.
• Communicate effectively orally and in writing.

CLASS SPEC HISTORY

TE:pf 2/7/02
Newspecs:1371.doc
CSC Date: 9/11/02
AM:jf Revision 10/17/17
CSC Date: 11/21/17
AM:JF Revision 2/28/18
CSC Date: 3/14/18

BENEFITS

Alameda County offers a comprehensive and competitive benefits package that affords wide-ranging health care options to meet the different needs of a diverse workforce and their families. We also sponsor many different employee discount, fitness and health screening programs focused on overall well being.  These benefits include but are not limited to*:

For your Health & Well-Being

• Medical – HMO & PPO Plans
• Dental – HMO & PPO Plans
• Vision or Vision Reimbursement
• Share the Savings
• Basic Life Insurance 
• Supplemental Life Insurance (with optional dependent coverage for eligible employees)
• Accidental Death and Dismemberment Insurance 
• County Allowance Credit
• Flexible Spending Accounts - Health FSA, Dependent Care and Adoption Assistance
• Short-Term Disability Insurance
• Long-Term Disability Insurance
• Voluntary Benefits - Accident Insurance, Critical Illness, Hospital Indemnity and Legal Services
• Employee Assistance Program

For your Financial Future

• Retirement Plan - (Defined Benefit Pension Plan)
• Deferred Compensation Plan (457 Plan or Roth Plan)

For your Work/Life Balance

• 12 paid holidays
• Floating Holidays
• Vacation and sick leave accrual
• Vacation purchase program
• Management Paid Leave**
• Catastrophic Sick Leave
• Pet Insurance
• Commuter Benefits Program
• Guaranteed Ride Home
• Employee Wellness Program (e.g. At Work Fitness, Incentive Based Programs, Gym Membership Discounts)
• Employee Discount Program (e.g. theme parks, cell phone, etc.)
• Child Care Resources
• 1^st United Services Credit Union 

*Eligibility is determined by Alameda County and offerings may vary by collective bargaining agreement.  This provides a brief summary of the benefits offered and can be subject to change.

** Non-exempt management employees are entitled to up to three days of management paid leave. Exempt management employees are entitled to up to seven days of management paid leave.