Supplemental Retirement Plans Accountant

Agency

Dept of State Treasurer

Division

Financial Operations Division

Job Classification Title

Accountant IV (NS)

Position Number

Grade

NC16

About Us

Our mission is to preserve, protect and sustain the state’s pension and healthcare plans, generate investment returns in excess of comparable public pensions, properly account for and report on all funds that are deposited, invested, and disbursed through the North Carolina Department of State Treasurer, assure the financially sound issuance of debt for state and local governments, maintain the state’s “AAA” bond rating, and provide exemplary service across all divisions of the Department.

Description of Work

This position leads the preparation of the annual financial statements including all note disclosures for the SRPs for audit by an external auditor. The position monitors and reconciles the investment management fees and other fees accrued at the custodian by the SRPs. The position prepares instruction letters to the custodian to facilitate the payment of these fees. This accountant position assists in the preparation of the NC Annual Comprehensive Financial Report. In addition, this accountant will work through special projects related to the SRPs as the solutions involves both divisions. This position will also work with the annual and monthly operating budget of the SRPs to ensure that all Board changes are made and there is sufficient funds to satisfy payments for operations. This position has extensive interaction with the Retirement Division staff (RSD), the external auditor, the custodian and record keeper for the Supplemental Plans, and the Office of the State Controller (OSC).

Knowledge Skills and Abilities/Management Preferences

* This is a REPOST of position 65026094.

Previous applicants must reapply to be considered. *

Important: This is a continuous posting . Applications will be reviewed periodically throughout the posting period until the vacancy is filled.

This is a full-time position (40 hours per week) with State Benefits , including health insurance, paid vacation, paid sick time, paid holidays, as well as retirement.

About us:

The Financial Operations Division of the NC Department of State Treasurer is responsible for the efficient and prudent management of state held assets. The Division is comprised of four areas: Procurement and Contracting, Banking Operations, Bank Reconciliation Unit, and Accounting. The Accounting section is under the supervision of the Departmental Accounting Manager to ensure compliance and consistency around departmental accounting functions. Departmental Accounting manages Accounts Payable, Accounts Receivable, month end close and certifications, Fixed asset reporting, P-card, and some annual Tax reporting.

The Department of State Treasurer's campus is located on Atlantic Avenue, is surrounded by many shopping centers and restaurants, has access to a 24-hour 7-day a week free gym on the campus, and has free employee parking.

Job Duties:

Leads the preparation of the annual financial statements including note disclosures for the SRPs for audit by external auditor.

Ensures statements are in compliance with generally accepted accounting principles as promulgated by the Governmental Accounting Standards Board (GASB).

Leads the preparation of year end financial reporting pertaining to the SRPs.

Responds to inquiries made by the Office of State Auditor (OSA) and OSC.

Communicates both oral and written information to the OSA and OSC related to financial reporting.

Reviews the budget reports for the SRP and ABLE operating funds. Works with the other accounting areas to ensure that the budget is in line with the most recent Board actions. Ensures adequate funds are in the account to fund anticipated accounts payables.

Accounting and financial reporting for equity investment manager fees. Includes, but not limited to analyzing and recalculating fees, comparing recalculated amount to manager invoice and determines if manager’s fee is within tolerance levels, and preparing instruction letters to custodian to facilitate payment of manager fees.

Knowledge, Skills and Abilities / Competencies:

Effective July 1, 2025, candidates now meet the minimum qualifications of a position if they have the minimum education and experience listed from the class specification. The knowledge, skills, and abilities listed in the vacancy announcement should be used as management preferences and be used to screen for the most qualified pool of applicants.

Management Preferences:

Skill in preparation of financial statements, disclosures, and Annual Comprehensive Financial Reports.

Thorough knowledge of generally accepted accounting principles (GAAP)and practices and Governmental Accounting Standards Board (GASB) practices and the ability to provide technical guidance.

Thorough knowledge of current accounting and financial management systems.

Ability to use accounting judgment and theory to independently resolve fiscal issues and to present results of analysis to program administrators.

Recruitment Range - $57,983 - $93,219

Position is Non-exempt under FLSA Overtime

Minimum Education and Experience

Some state job postings say you can qualify by an “equivalent combination of education and experience.” If that language appears below, then you may qualify through either years of education, years of directly related experience, OR a combination of both. See oshr.nc.gov/experience-guide for details .

The minimum Education and Experience is a bachelor’s degree in accounting, or a degree in business administration, finance or public administration or a related discipline from an appropriately accredited institution with 18 semester hours of accounting coursework; and five years of professional accounting/auditing experience in the preparation of interpretive or analytical accounting/ financial statements and reports or equivalent combination of education and experience.

If you have student loans, becoming a state employee includes eligibility for the Public Service Loan Forgiveness Program. Visit https://studentaid.gov/ to learn more.

This position currently qualifies for a hybrid telework option with routine office and remote workdays. The NC Department of State Treasurer trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.

• NC State Health Benefits:
• The State of North Carolina offers excellent comprehensive benefits. Employees can participate in health insurance options, standard and supplemental retirement plans, and the NC Flex program (numerous high-quality, low-cost benefits on a pre-tax basis). Employees also receive paid vacation, sick, and community service leave. In addition, paid parental leave is available to eligible employees.

Visit the website for State Benefits

Supplemental and Contact Information

The North Carolina Department of State Treasurer (DST) is an Equal Opportunity Employer that embraces an Employment First philosophy, which consists of complying with all federal laws, state laws, and Executive Orders. We are committed to reviewing requests for reasonable accommodation at any time during the hiring process or while on the job. For more information about DST: NCTreasurer | NC Treasurer .

DST uses the Merit-Based Recruitment and Selection Plan to fill positions with the most qualified individuals. Hiring salary will be based on relevant qualifications, internal equity, and budgetary considerations pertinent to the advertised position.

In accordance with the Governor’s Executive Order 303, our agency supports second-chance employment for individuals who were previously incarcerated or justice-involved. We invite all potential applicants to apply for positions for which they may be qualified.

• Application Process
• Be sure to complete the application in its entirety. Resumes will not be accepted in place of