FINANCIAL ACCOUNTANT IV

State of California; California (MO); Hybrid; USD 129,000 - 147,000; Full time

Benefits offered by this job

Remote work options

Medical benefits, including health,  d

Paid holidays and defined retirement

Job summary

CalSTRS, the State of California's educator pension system, seeks a Financial Accountant IV to provide leadership in the Receivables, Billings & Contributions unit.

The role oversees cash collection, procure-to-pay, disbursements, and contributions accounting, guiding policy, controls, and financial reporting with GAAP compliance.

Qualifications

• Progressive experience in financial accounting and reporting and/or oversight of internal and external accounting control functions.
• Knowledge of accounting principles and procedures.
• Ability to communicate effectively, both orally and in writing, with all levels of staff and management, other CalSTRS employees, our members, and their beneficiaries.
• Strong project management experience or proven ability to lead, monitor and measure the completion of multiple projects.
• Valid Certified Public Accountant (CPA) license.
• Ability to prepare and present technical information in a format suitable for management/board reporting.
• Ability to analyze complex problems, draw sound conclusions, and make clear and concise recommendations.
• Excellent analytical and critical thinking skills.

Responsibilities

• Provide leadership and strategic oversight of four key accounting functions: Accounts Receivables, Service Credit Purchase & Billings, Refunds, and Contributions.
• Lead and implement CalSTRS’ accounting policy, GAAP research and policy development.
• Collaborate with senior leadership to implement policies and changes for fiscal reporting and disclosures.
• Advise on cash flow projections to ensure funds are available for payments.
• Communicate changes in accounting standards to the Accounting Director, CFO, and Executive management.

Job description

Job Posting: Assistant Director of Receivables, Billings, & Contributions

State Teachers' Retirement System

JC-532391 - Assistant Director of Receivables, Billings, & Contributions
FINANCIAL ACCOUNTANT IV

$11,583.00 - $13,153.00 per Month
New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.

Final Filing Date: 9/30/2026

Application Methods: Electronic (Using your CalCareer Account) By Mail Drop-off

The CalSTRS Accounting Division is seeking a motivated individual to work as a Financial Accountant IV in the Receivables, Billings, & Contributions Unit.

The Operational Accounting Division is comprised of three units: Billings and Collections, Disbursements and Taxes, and Contributions. These areas focus on accounting for CalSTRS “cash collection” cycle; “procure to pay” cycle, “disbursement” cycle (specifically timely distribution of retirement checks as well as issuing member refunds), as well as, accounting for contribution activities.

Under the general direction of the Director of Accounting, the Assistant Director of Receivables, Billing, and Contributions (ADRBC) provides leadership and strategic oversight of four key accounting functions critical to supporting the California State Teacher’s Retirement System (CalSTRS) organization: 1) Accounts Receivables, 2) Service Credit Purchase & Billings, 3) Refunds and 4) Contributions.

The ADRBC leads and directs efforts to establish and implement CalSTRS’ accounting policy. This includes identifying and researching factors influencing policies, financial reporting standards for pension contributions in compliance with Generally Accepted Accounting Principles (GAAP), error and fraud controls, contribution revenues (approximately $14 billion annually), receivables and collections and pension reserve accounts. The incumbent is responsible to direct the formulation and implementation of policies related to evolving accounting standards, operational practices, and regulatory changes.

The ADRBC works collaboratively with senior leadership across CalSTRS to implement policies and other changes, particularly those related to fiscal reporting and disclosures for actuarial value of the retirement contributions, as well as policies related to controls designed to prevent errors in contribution collections. In addition, the ADRBC provides input to cash flow projections to ensure funds are available for payments. This role also involves evaluating and communicating the impact of changes in accounting standards to Accounting Director, Chief Financial Officer, and Executive management team, and advising on CalSTRS’ position in response to regulatory or legislative developments.

The ideal candidate will possess the following skills :

• Progressive experience in financial accounting and reporting and/or oversight of internal and external accounting control functions.
• Knowledge of accounting principles and procedures.
• Ability to communicate effectively, both orally and in writing, with all levels of staff and management, other CalSTRS employees, our members, and their beneficiaries.
• Strong project management experience or proven ability to lead, monitor and measure the completion of multiple projects.
• Valid Certified Public Accountant (CPA) license.
• Ability to prepare and present technical information in a format suitable for management/board reporting.
• Ability to analyze complex problems, draw sound conclusions, and make clear and concise recommendations.
• Excellent analytical and critical thinking skills.

Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position.

In July 2025, the State of California implemented the Personal Leave Program 2025. This program reduces employees’ monthly base pay in exchange for paid leave credits. This position is subject to PLP 2025 and will have a monthly base pay reduction of 3% in exchange for 5 hours of leave credits for the duration of the program. The salary ranges shown on this job posting do not reflect the reduced amounts.

You will find additional information about the job in the Duty Statement.

Working Conditions

CalSTRS offers a hybrid approach including in-office and remote work solutions based on business needs.

All staff of CalSTRS are employees of the State of California and subject to California employment taxes and withholdings. Upon appointment, staff are required to provide a current California address to CalSTRS Human Resources to be used as a remote work location.

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for visa sponsorship by the start date of employment with CalSTRS.

Minimum Requirements

You will find the Minimum Requirements in the Class Specification.

• FINANCIAL ACCOUNTANT IV

Assistant Director of Receivables, Billings, & Contributions

Classification:

FINANCIAL ACCOUNTANT IV $11,583.00 - $13,153.00 New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable.

# of Positions:

1

Work Location:

Telework:

Hybrid

Job Type:

Permanent, Full Time

Department Information

CalSTRS: Securing the financial future and sustaining the trust of California’s educators

CalSTRS is the largest educator-only pension fund in the world, providing retirement, disability and survivor benefits to California's more than 1 million public school educators and their families. Named as one of the best places to work in money management ten times by Pensions & Investments magazine, we are a world-class financial services institution with a commitment to sustainability and wellness.

Our two U.S. Green Building LEED Platinum-certified headquarters buildings in West Sacramento, California, feature sustainable construction, abundant natural lighting, an organic garden, sustainable beekeeping and ergonomic functionally designed workspaces. We offer a variety of on-site amenities to our team members, including two full-service cafés, two free fitness centers, a bicycle rental library and a child care center with a covered playground. Team members enjoy walks along the Sacramento River and nearby seasonal farmers markets.

In addition to our state-of-the-art amenities, we offer thriving wellness and sustainability programs, an award-winning employee recognition program, and ongoing training, learning and development opportunities. We offer competitive benefits, flexible work hours and hybrid work options. We are committed to creating a workplace where our team members thrive.

If you’re looking for a rewarding career and are interested in becoming part of a diverse and inclusive workforce where talent, expertise and wellness are valued, we encourage you to find out more about our many career options at CalSTRS.com/Careers.

Special Requirements

Statement of Qualifications

Interested individuals must submit a Statement of Qualifications (SOQ) in addition to the standard state application (form STD 678). Your SOQ will be considered the first interview for this position. If your qualifications are competitive, you will be invited to an interview. When completing the SOQ, please include all relevant experience, education, and training, as applicable, and explain all answers thoroughly. Your SOQ should not exceed two pages, single-spaced, 12-point font and address the following questions:

• Describe your experience in demonstrating your ability to analyze complex problems and recommend effective courses of action. Please use specific examples.
• This job requires data analysis, interpretation, and application of data to estimate the impact of various policies and program changes. What in your experience prepares you for this type of work?

Exam

This position requires a current Financial Accountant IV examination. If you need to take the examination or if your score has expired, gain list eligibility.

Background Investigation

Prior to employment with CalSTRS, a background investigation (BI) will be conducted. The BI consists of a Personal History Statement and fingerprinting through the Department of Justice. The BI will check criminal and civil records and, if applicable, verify education and check driving records.

CalSTRS Disclosure Requirements

This position may be subject to disclosure and disqualification requirements concerning economic conflict of interest in government work, including the Conflict of Interest Code that applies to CalSTRS team members and the Political Reform Act, which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a Statement of Economic Interest (Form 700).

Incompatible Activities

This position is subject to the provisions of Government Code Section 19990 . Upon accepting a position at CalSTRS, you will also be required to comply with the CalSTRS Incompatible Activities Policy by ensuring that outside work or activities are compatible and align with your professional activities or workplace obligations.

Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.

Benefits

• Remote work options
• Medical benefits, including health, dental and vision insurance
• Paid holidays and a defined benefit retirement program
• More than four weeks of vacation/sick leave for leaders
• More than three weeks of vacation/sick leave for staff