Assistant Director - Financial Reporting

Ohio Public Employees Retirement System - Columbus, OH3.2

Full-time$110,000 - $140,000 a year
EducationSkills
Job Title: Assistant Director – Financial Reporting
Reports To: Chief Financial Officer
Department: Financial Reporting
Division: Finance

Number of Openings: 1
Pay Range: $110,552.00 - $144,268.80 / annually
FLSA Status: Exempt
Accepting Applications: 11/08/2018 – 12/14/2018
Accepting Applications Internally: Yes
Accepting Applications Externally: Yes

SUMMARY: This position is responsible for planning, directing, and overseeing the activities of the Financial Reporting department. Key financial functions include coordination and preparation of the retirement systems’ Annual Capital and Administrative Budgets, Comprehensive Annual Financial Report, Cost Effective Measurement Surveys, and Actuarial Valuation Schedules, as well as maintenance and implementation of financial accounting and reporting systems.

ESSENTIAL FUNCTIONS:
Organizational

Establishes policies and procedures for the operations of the Financial Reporting department consistent with generally accepted accounting principles, Government Accounting Standards Board (GASB) pronouncements, and the business needs of the OPERS organization.
Stays abreast of changes in legislation and GASB pronouncements and coordinates the activities of the unit managers to address these changes and meet the business needs of the OPERS organization and the Finance Director.
Oversees preparation of the Comprehensive Annual Financial Report (CAFR), ensuring that the CAFR is compliant with the appropriate GASB pronouncements and meets the reporting requirements for receipt of the GFOA Certificate of Achievement. Oversees coordination of the activities of the external auditors and resolves audit/reporting issues as appropriate. Coordinates development of the published report with the external auditors, consultant and OPERS Communications department.
Oversees preparation of a Public Annual Financial Report (PAFR) as deemed appropriate by management. Includes determination of appropriate content and analyses to address legislative and public perceptions of OPERS financial stability. Coordinates development of the published report with the external consultant and OPERS’ Communications department.
Oversees preparation of the Annual Administrative and Capital Budgets, consistent with the business objectives of the OPERS Strategic Plan and within appropriate funding constraints. Coordinates development of the published report with the external consultant and OPERS’ Communications department.
Coordinates procedures for ongoing monitoring of budget to actual activity, including the quarterly budget review and realignment process, and reports to the Board of budget to actual activity. Develop Board presentations as appropriate.
Ensures OPERS’ financial compliance with all applicable laws and accounting regulations as well as GASB and tax reporting requirements. Ensures adequate internal controls are in place within the department. Ensures that standards for professional, ethical conduct are maintained.
Oversees preparation of various surveys, external reports and public information requests (ex. Cost Effectiveness Measurement, ORSC Health Care Report, etc.), ensuring consistency and accuracy in reporting between surveys / information requests and published financial information.
Oversees preparation of the financial analyses supporting the annual actuarial valuations. Coordinates changes in actuarial assumptions and plan design issues with the unit manager. Collaborates with Information Technology on system modifications designed to improve the accuracy of reported data and clarifies financial reporting issues with external actuary.
Oversees selection and implementation of financial system software solutions necessary to meet department and OPERS needs. Coordinates related policy changes with senior management and general counsel as appropriate.
Collaborates with the management of other departments in work groups evaluating proposed legislative or plan design changes and coordinates appropriate impact analyses with the unit managers.
Coordinates special projects and preparation of special reports to management and the Board as directed by the Finance Director.
Maintains a customer service-oriented work approach towards internal and external customers.
Performs other duties as assigned.
Leadership

Direct short- and long-term planning, deployment of resources, budgeting, and design of OPERS’ processes for a major functional area.
Provides leadership and is a role model to management staff.
Recruits and develops direct reports and consistently provides timely feedback through coaching and mentorship.
Partners with human resources on workforce planning, compliance, performance management, and corrective action.
KNOWLEDGE, SKILLS, AND ABILITIES TO PERFORM ESSENTIAL FUNCTIONS

Education

High school diploma or GED
Required
Bachelor’s degree in Accounting
Required
Master’s of Business Administration
Preferred
Qualifications

Strong verbal and written communication skills
Required
Strong interpersonal and teamwork skills
Required
Ability to effectively present information and respond to questions from groups of managers, clients, customers and the general public
Required
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
Required
Experience

10 years’ experience in accounting field
Required
7 years’ experience supervising finance functions (can include public accounting experience)
Required
3 years’ experience in public accounting
Preferred
Experience in financial systems
Preferred
Familiarity with all GASB Statements and Pronouncements which are relevant to public pension
Preferred
Experience with system implementation processes
Preferred
PC proficient, basic knowledge of MS Windows operating system; intermediate to advanced MS Word; MS Excel; Internet Explorer (browser software) and MS Outlook (internal email systems)
Required
Certifications/Licenses

CPA
Required

Physical Requirements* (if applicable)
  • Reasonable accommodations may be made to enable individuals with disability to perform the essential functions. If repetitive physical movement is required to perform the essential functions of the position, please discuss with HR.
DISCLAIMER: The above statements are not intended to be construed as an exhaustive list of all duties, skills and responsibilities required. The Ohio Public Employees Retirement System (OPERS) is an Equal Opportunity Employer. All employment is decided on the basis of qualifications, merit, and business need. Postings are typically available for five business days. OPERS retains the right to change, update, close and/or otherwise modify this job posting at its discretion for any reason and at any time.