Pension Accountant

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

Job summary

CalPERS in Sacramento is hiring a Pension Accountant for a permanent, full-time role with hybrid telework. The position focuses on complex reconciliations, pension valuation, and financial reporting for the Annual Comprehensive Financial Report.

Strong Excel and communication skills are essential to support financial activities and accounting systems. Applicants should have experience with governmental accounting standards and a solid understanding of general ledger data.

Qualifications

• Describe your knowledge and experience analyzing, researching, reconciling, and reporting general ledger and fund financial data.
• Describe your experience in developing financial statements in accordance with GAAP and implementing new Governmental/Financial Accounting standards.

Responsibilities

• Perform complex reconciliations and produce financial statements for the Annual Comprehensive Financial Report.
• Support financial activities and accounting system operations while upholding CalPERS mission.

Skills

Excel

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.

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.

Position Details

Job Code #:

JC-530876

Position #(s):

275-210-4191-017

Working Title:

Pension Accountant

Classification:

FINANCIAL ACCOUNTANT I

$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.

If you are interested in becoming part of a diverse and inclusive workforce where talent, experience, and expertise are valued, CalPERS invites you to apply for this employment opportunity. To find out more about our Diversity, Equity, and Inclusion efforts, visit our website !

To take a look at CalPERS as a destination employer, view this YouTube video .

Job Description And Duties

Anticipated Interview Dates: We anticipate holding in-person interviews beginning the week of October 5, 2026.

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, 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.

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

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.
  
  

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.