Accountant 1/2/3

LASERS; Baton Rouge (LA); On-site; USD 45,000 - 55,000; Full time

Job summary

Louisiana State Employees' Retirement System (LASERS) in Baton Rouge is recruiting an Accountant. This role includes duties from daily deposits and cash receipts to monthly closes and external audits tied to the $19 billion pension plan.

The position offers progression as Accountant 1, 2, or 3 with start times between 7:00 AM and 9:00 AM and an eighteen-month probational period. Compensation scales by Accountant level.

Qualifications

• Three years of accounting-related experience is required.
• Six years of full-time experience in any field plus twenty-four semester hours in accounting.
• A bachelor’s degree with twenty-four semester hours in accounting is required.
• A bachelor’s degree in accounting, finance, business administration, management, economics, or statistics is required.
• An advanced degree in accounting, finance, business administration, management, economics, quantitative methods, or statistics is preferred.
• Possession of a Certified Public Accountant (CPA) license is preferred.

Responsibilities

• Process daily deposits and cash receipts for related accounts.
• Apply daily cash receipts to invoices in the retirement/financial systems.
• Prepare correspondence for partial payments, return checks and overpayments.
• Communicate with members, agencies, and financial institutions regarding receivables and collections.
• Recoup overpayments to members, retirees, and beneficiaries and other related parties.
• Assist with monthly close and generation of LASERS financial statements.
• Assist with external audits and year-end financial reports including ACFR and PAFR.
• Prepare refund applications for member retirement contributions.
• Prepare financial statements for Building Partnership between LASERS and TRSL and submit to boards.
• Prepare monthly reconciliations of general ledger accounts.

Skills

Attention to detail

Time management

Education

Bachelor's degree with accounting hours

Bachelor's degree in accounting/finance/business

Advanced degree in accounting/finance/business

CPA license

Job description

Louisiana State Employees' Retirement System (LASERS) is state retirement system in Baton Rouge, LA recruiting for an Accountant. 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. This Accountant 1, 2, 3 position plays a vital role within our organization. Primarily, it is responsible for purchases, inventory, fixed asset reporting, collections, financial reporting tied to our $19 billion state pension plan. The scope of responsibilities requires candidates who are exceptionally detail oriented and demonstrate strong time management skills.

Qualifications

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

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.

The official job specifications for this role, as defined by the State Civil Service, can be found here.

Job Duties

• Daily deposits of agency contributions, benefit accounts receivable, ORP, members payments and miscellaneous cash receipts.
• Applies daily cash receipts to applicable invoices in the retirement information system and/or financial accounting system.
• Prepares correspondence to members for partial payments, return checks and overpayments.
• Communicates with members, agencies, and financial institutions regarding receivables, cash receipts, and collection items.
• Recouping overpayments to members, retirees, and beneficiary/survivor benefit recipients, vendors, and previous LASERS employees
• 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.
• Processes member refund applications for their accumulated retirement contributions according to regulations and internal procedures.
• Prepares financial statements as requested for Building Partnership between LASERS and TRSL for submission to both agency boards.
• Prepares monthly reconciliations of assigned general ledger accounts.

Position-Specific Details

Appointment Type: Probational

LASERS requires all new hires to serve a minimum of eighteen (18) months not to exceed twenty-four (24) months in probational status including permanent state employees.

Career Progression: This position may be filled as an Accountant 1, 2, 3.

Work Schedule: 8 hours Monday - Friday choosing a schedule with a start time between 7:00 AM and 9:00 AM.

Compensation (depending on qualifications)

The Accountant 1 position has a Special Entrance Rate of $44,990.40 /annually

The Accountant 2 position has a Special Entrance Rate of $48,131.20 /annually

The Accountant 3 position has a Special Entrance Rate of $55,120.00 /annually

For further information about this vacancy, contact:

Andrea H. Rogers

P.O. Box 44213

Baton Rouge, LA 70804-4213

[e-mail]