National Association of State Retirement Administrators

Position Information

Assistant Director of Disbursements, FINANCIAL ACCOUNTANT IV
The CalSTRS Accounting Division is seeking a highly motivated individual to work as an Assistant Director of Disbursements, (Financial Accountant IV) on the Disbursements Team. Are you ready to take your career to the next level?

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.

The Disbursements Unit is responsible for pension benefits payroll and administrative expense disbursements and prepares tax reporting and remittances for beneficiaries and vendors.

Under the general direction of the Director of Accounting, the Assistant Director of Disbursements (ADOD) leads and manages three critical functions supporting the California State Teachers’ Retirement System (CalSTRS) organization: 1) Administrative Accounts Payable, 2) Pension Accounts Payable, and 3) Tax Research and Reporting. The ADOD is fully responsible for planning, organizing, directing, and monitoring the work of approximately 15-21 employees, which includes 12-17 professional staff and 3-4 supervisors.

The ideal candidate will possess the following skills: 
  • Active CPA license in California is preferred.
  • A candidate with an advanced degree in Finance, Accounting, or another applicable technical field.
  • Excellent communication skills, both written and verbal, and the ability to perform well under pressure while working in a fast paced and multitasking environment.
  • Strong project management experience or proven ability to lead, monitor and measure the completion of multiple projects preferred.
  • Ability to prepare and present technical information in a format suitable for management/board reporting.
  • Ability to establish and maintain cooperative working relationships within a diverse team.
  • Demonstrate a high degree of independence, initiative, and responsibility in successfully performing the assigned job duties.
  • Experience making decisions and solving problems involving varied levels of complexity, ambiguity, and risk.
  • Proven ability as a leader and mentor showing overall concern for the developmental level of an individual, a group of peers, or employees.
  • Ability to value strategic planning efforts and understand the importance of identifying and implementing action plans that align with those long-term goals of an organization.  

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

Telework Information: We offer a hybrid approach including in-office and remote work solutions with staff working on-site at our Headquarters in West Sacramento 2 days per week.
Does this opportunity seem right for you? If so, see the Application Instructions section below and apply now.
You will find additional information about the job in the Duty Statement.

Working Conditions:

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.

Position: Assistant Director of Disbursements, FINANCIAL ACCOUNTANT IV
Organization: CalSTRS
Location: West Sacramento,  CA 
United States
Salary: $10,600 - $12,037 per Month
Posting Start Date: 8/23/2023
Date Posted: 8/24/2023

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 on-site 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, be single-spaced, and address the following questions.
  1. After reading the Duty Statement, please describe how you are qualified for this position.
  2. Describe your experience planning, organizing, managing, and/or directing multiple program functions or projects. Please include the number and level of subordinate managers and describe the types of issues routinely addressed.

This position requires a current Financial Accountant IV Exam. If you need to take the exam or if your score has expired, click here  to 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).
Status: This listing expires on: 10/23/2023
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Organization Information

West Sacramento,  CA 95851
United States