Job Description and Duties
Anticipated Interview Dates: We anticipate holding in-person interviews beginning the week of July 6, 2026. We look forward to meeting with you!
CalPERS is seeking an Accounting Officer (AO), Specialist in the Financial Reporting and Accounting Serives Division, Real Assets Accounting.
Under the general supervision of the Financial Accountant II, Supervisor, the incumbent performs professional accounting tasks, requiring knowledge of general and investment accounting principles and practices. The Accounting Officer (Specialist) analyzes, researches, and reconciles accounting activity for the Real Assets Program.
The AO performs professional accounting tasks for the Real Assets Program including, but not limited to, recording, analyzing, and a reconciling Real Estate, Infrastructure, and Forestland investment activity such as contributions and distributions, payables, receivables, income, realized and unrealized gain or loss, foreign currency transactions, fair market value (FMV), net asset value (NAV), and other general ledger account activities utilizing Generally Accepted Accounting Principles and the Governmental Accounting Standards Board. Performs monthly cash, contribution/distribution, and general ledger reconciliations ensuring the Automated Real Estate Investment System (AREIS), custodian bank, and CalPERS PeopleSoft are all in balance. On a monthly basis, analyzes and posts cash activity to PeopleSoft. Calculates and reconciles the Real Estate, Forestland, and Infrastructure portfolios’ FMV and NAV monthly, utilizing reports from AREIS and the custodian bank. Reviews and analyzes transaction activities reported through AREIS and by the custodian bank for reasonableness, reviews trial balances, income statements and provides supporting reports to validate changes or recommendations. Researches, analyzes, and resolves any reconciling items.
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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