Financial Accounting Analyst

Internal applicants must apply by 10 / 23

Assist in the coordination, implementation, processing and troubleshooting for financial data, software and processes as directed by the Chief Financial Officer and working alongside the Financial and Operations Analysts. Assist the Analysts to utilize the financial software products used at IMRF for reporting purposes.

Assist with the formulation of the annual budget, monitoring the annual budget; assist with preparation of ACFR, PAFR, review of monthly J / E's, monthly budget analysis, and year end close. Stay informed about tax law changes and GASB pronouncements. Assist in handling miscellaneous special projects assigned.

Essential Duties and Responsibilities

Include the following. Other duties may be assigned.

A) Assist in consolidation and analyst of financial data for reporting purposes

• Review monthly financial statements, journal entries, and reports.
• Development, maintenance, and documentation as it relates to tax matters, new legislation, or other special situations.

Software for future releases. Determine the auditing steps and internal controls required.

B) Assist in the development, documentation, and maintenance of financial systems, policies and procedures :

C) Assist in providing staff assistance in answering members and employers questions as deemed necessary by the Chief Financial Officer or the Analysts. Provide the answers via phone and written correspondence to IMRF members, annuitants and employers and their auditors. Stay current and informed on taxes, tax change issues, GASB pronouncements and AICPA prospective changes.

D) For the above items specifically and IMRF in general, assist to keep IMRF publications up to date and help inform members, annuitants, employers and staff through written procedures.

E) Assist other employees as deemed necessary by the Chief Financial Officer. This could entail writing or helping create necessary spreadsheets, write reports, letters or database applications for or from the financial systems.

F) Assist with daily processing of transactions including :

G) Other duties as assigned.

Annual increment -review and approve the processing of the 3% annual member increment. Reviews members with large monthly pensions to determine if they exceed IRS sec. 415 limits.

Supervisory Responsibilities

This job has no supervisory responsibilities. Reports directly to Chief Financial Officer.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Education And / or Experience Required

§ -Familiarity with the operations of large public employee pension systems is preferred.

§ -Must possess strong communication skills and Excell skills, including the ability to prepare concise and well written reports and correspondence.

Language Skills

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Mathematical Skills

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

Reasoning Ability

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Benefits and Salary

The expected minimum annual salary range for this role is $90,000. Please note the salary information is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations. The range listed is just one component of IMRF's total compensation package for employees.

Other factors include the following benefits :