Pension Accountant

CalPERS; Sacramento (CA); Hybrid; USD 84,000 - 104,000; Full time

Job summary

CalPERS, the California Public Employees’ Retirement System, is seeking a Pension Accountant to join our Financial Reporting Accounting Services team. The role focuses on complex reconciliations, preparing financial statements for the Annual Comprehensive Financial Report, and ensuring accuracy of pension accounting data.

The ideal candidate has strong Excel skills, excellent communication, and hands-on experience in financial reporting and GAAP.

Qualifications

• Describe your knowledge and experience analyzing, researching, reconciling, and reporting general ledger and fund financial data. Please include the type of financial data, timing of reconciliations and reports, and accounting systems used. Please include any knowledge and experience of risk pooling.
• Describe your experience in developing financial statements in accordance with Generally Accepted Accounting Principles and implementing new Governmental/Financial Accounting standards.

Responsibilities

• Perform complex reconciliations and prepare financial statements for the Annual Comprehensive Financial Report.
• Support financial reporting activities, improve business processes, and assist with accounting system operations.

Skills

Excel

Communication skills

Financial reporting

Analytical skills

Job description

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.

Position Details

• Job Code #: JC-530876
• Position #(s): 275-210-4191-017
• Working Title: Pension Accountant
• Classification: FINANCIAL ACCOUNTANT I
• Salary: $7,529.00 - $9,352.00
• 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: Sacramento County
• Telework: Hybrid
• Job Type: Permanent, Full Time

Department Information

The California Public Employees’ Retirement System (CalPERS) is the nation’s largest public pension fund, providing retirement and health benefits to public employees, retirees, and their families. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement.

Job Description And Duties

Our Financial Reporting Accounting Services/Pension Valuation Accounting Unit is currently seeking a Financial Accountant I, Specialist to perform complex reconciliations and produce financial statements for our Annual Comprehensive Financial Report all while driving our CalPERS mission.

Do you enjoy solving complex financial challenges, improving business processes, and collaborating with others? Are you looking for a challenging opportunity to apply your knowledge of financial reporting and excellent analytical skills while supporting critical financial activities and accounting system operations? We’re seeking someone with strong Excel expertise and excellent communication skills to join our team. If this sounds like the kind of work that motivates you, we invite you to become part of our team.

Telework Information

This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.

Sponsorship

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States without the need for visa sponsorship. CalPERS does not participate in E-Verify for employment authorization purposes.

Effective July 1, 2025

Effective July 1, 2025, The California Department of Human Resources (CalHR) implemented the Personal Leave Program 2025 (PLP 2025). PLP 2025 directs that each employee shall receive a 3 percent reduction in pay in exchange for 5 hours PLP 2025 leave credits, monthly. The salary range(s) included in the job advertisement do not reflect the 3 percent reduction in pay.

This position is being re-advertised. If you previously applied, your application is still being considered and you do not need to re-apply.

Special Requirements

Statement of Qualifications

• Describe your knowledge and experience analyzing, researching, reconciling, and reporting general ledger and fund financial data. Please include the type of financial data, timing of reconciliations and reports, and accounting systems used. Please include any knowledge and experience of risk pooling.
• Describe your experience in developing financial statements in accordance with Generally Accepted Accounting Principles and implementing new Governmental/Financial Accounting standards.