Assistant Retirement Administrator (Unclassified)
JOB CODE: 3078
PAY GRADE: 2300
SALARY RANGE: $60,745 - $101,924
LOCATION OF WORK
Under the direction of the Retirement Administrator, performs responsible professional and administrative work in assisting the Administrator. Work includes the application of knowledge of investments, accounting, actuarial science, and/or legal expertise to the functioning of a large employee retirement system. The employee of this class is responsible for planning and directing budget preparation, ensuring that all required accounting and other records of the office are accurate and a variety of other day-to-day functions. Work is performed independently with some latitude given for developing work methods. Supervision is exercised over professional and clerical employees. Work assignments are issued by personal instruction or memorandum. Performs other work as requested.
ESSENTIAL WORK TASKS
Supervises and assists in the preparation and management of budget affairs and the Comprehensive Annual Financial Report. Supervises office staff including delegation of workloads and work review. Supervises the activities of the investment accounting, benefits, and payroll sections. Organizes procedures to implement actions taken by the Retirement Board of Trustees. Supervises accounting of investment transactions into accounting records, verifying broker confirmations and bank wires. Assists or supervises in disbursing and investing retirement funds in cash equivalent investments. Attends various legislative sessions, investment, or pension meetings, etc., as official representative of the Retirement Administrator.
KNOWLEDGE, SKILLS, AND ABILITIES
Knowledge of the principles, practices, and procedures governing the investment of funds and pension administration. Knowledge of governmental accounting and fiscal procedures, practices, and principles. Knowledge of actuarial science and statistical calculations. Knowledge of budget procedures, office procedures, practices, and equipment. Knowledge of the legal status and requirements of pension systems, including benefits and accounting procedures practices. Ability to interpret and analyze financial statements and reports. Ability to effectively supervise professional and clerical employees. Ability to express ideas, clearly and concisely, orally and in writing, to groups and to individuals. Ability to establish and maintain effective working relationships with other employees, retirees, and the public.
Bachelor's degree in accounting, economics, finance, or a related field, and four years of experience in financial management of investment of funds or pension administration, including one year of supervisory experience. Master's degree in accounting, economics, or finance may be preferred.
CERTIFICATIONS / LICENSES / REGISTRATIONS
(Unless otherwise specified below, must possess at the time of appointment and must be maintained current throughout employment in this classification.) Position may require possession of a Certified Public Accountant certificate, completion of the Chartered Financial Analyst program, or a license to practice law in the State of Louisiana.
OTHER JOB ASPECTS
Employee may serve as the Chief Accounting Officer, Chief Investment Officer, and/or In-house Legal Counsel for the Retirement System and the Board of Trustees.
Unclassified job specifications may be revised at the will of the appointing authority.