ERS - Investment Accounting Analyst (00052411)
Organization: EMPLOYEES RETIREMENT SYSTEM
Primary Location: Texas-Austin
Work Locations: Main Office (327-100001) 200 E 18th Street Austin 78701
Job: Business and Financial Operations
Employee Status: Regular
Schedule: Full-time
Standard Hours Per Week: 40.00
State Job Code: 1080
Salary Admin Plan: B
Grade: 20
Salary (Pay Basis): 5,788.08 - 5,788.08 (Monthly)
Number of Openings: 1
Overtime Status: Exempt
Job Posting: Aug 29, 2025, 12:53:31 PM
Closing Date: Ongoing
Description

OUR MISSION IS SIMPLY STATED: ERS OFFERS COMPETITIVE BENEFITS TO ENHANCE THE LIVES OF ITS MEMBERS. EACH TEAM MEMBER ACROSS THE AGENCY CONTRIBUTES TO OUR ONGOING SUCCESS. ERS CURRENTLY OFFERS OPPORTUNITIES THAT INCLUDE FLEXIBLE WORK SCHEDULES.

Join our team at ERS and see why we were named a Top Workplace in 2024 by the Austin American-Statesman. Learn about us here! https://topworkplaces.com/company/employees-retirement-sys/statesman/
ERS is seeking an Investment Accounting Analyst to perform complex (journey-level) financial analysis and accounting work in the Investment Accounting section of the Finance Division. Work is performed under the general supervision of the Investment Accounting and Cash Processing Supervisor with moderate latitude for the use of initiative and independent judgment.

Essential Responsibilities include, but are not limited to:

• Assists with daily and monthly reconciliation of investment transactions, cash settlements and net asset values from PeopleSoft general ledger and the Eagle STAR investment accounting system to the master custodian system.
• Performs monthly reconciliations of Alternative Investments from master custodian to partnerships’ financial statements, Private I financial, PeopleSoft general ledger and Eagle STAR investment accounting system.
• Provides Investments Division with forecast on cash receipts and disbursements associated with the pension contributions, annuity payroll, insurance premium contributions, and insurance claim payments.
• Prepares USAS voucher, general ledger journals, and wiring instructions for the transfers of money between Texas State Treasury and the custodian.
• Maintains the daily interface of transactions from the master custodian to ERS’ general ledger.
• Assists Investment Operations staff in researching errors on the set up of security master reference in the Eagle STAR investment accounting system.
• Provides assistance with the verification of the daily allocation of investment income and expenses to the pension funds and the group benefits program.
• Provides directives to the custodian to record unit activities in the unitization pools.
• Assists Cash Processing team of the Finance Division:
• Classifies and records cash receipts into general ledger via computer entry.
• Prepares daily deposits delivered to the Comptroller of Public Accounts.
• Assists in analyzing functional requirements and provides feedback for improvements to the Eagle STAR investment accounting system and/or other financial systems.
• Assists Financial Reporting team to prepare Annual Comprehensive Financial Report and other quarterly and monthly reporting projects.
• Attends work regularly in accordance with agency leave and attendance policies.
• Complies with all applicable agency policies and procedures, including safety and standards of conduct.

OTHER DUTIES AND RESPONSIBILITIES:

• Performs other duties and/or special projects as assigned.
• Cross-train others for backup purposes.
  Required Minimum Qualifications: Your application for employment must reflect how you meet each of the following minimum qualifications:
• Graduation from an accredited four-year college or university in accounting, business administration, finance, or a related field. Qualifying experience beyond the minimum required may substitute for education.
• Two (2) years of responsible and progressive related experience in accounting and/or financial analysis work. Related experience must include experience in automated accounting systems and financial reporting.
• Two (2) years of experience in the use of spreadsheet and word processing software (e.g., Microsoft Excel and Word).
  Preferred Qualifications: Your application for employment should reflect how you meet the following preferred qualifications:
• Prefer PeopleSoft or CAPPS experience, unitization, and/or investment accounting.
• Prefer experience writing and maintaining procedures and/or training materials.
• Prefer Certified Public Accountant (CPA), Master of Business Administration (MBA), or Master of Professional Accounting (MPA).
  PLEASE NOTE: All applications should contain complete job history entries, which includes job title, dates of employment, name of employer, supervisor’s name and phone number and a description of duties performed. If this information is not submitted, your application may be rejected because it is incomplete. Resumes do not take the place of this required information.
  Other Information: This is not a remote only position. This position may require access to privileged, confidential, or sensitive data. ERS will conduct either a TXDPS or FBI criminal history check on all new hires. For more information about this policy inquiries can be made to employment@ers.texas.gov. Please note: Internal applicants in the same salary group and classification as the posted position are eligible to receive an increase in salary where applicable up to the posted maximum.

Essential Responsibilities include, but are not limited to:

• Assists with daily and monthly reconciliation of investment transactions, cash settlements and net asset values from PeopleSoft general ledger and the Eagle STAR investment accounting system to the master custodian system.
• Performs monthly reconciliations of Alternative Investments from master custodian to partnerships’ financial statements, Private I financial, PeopleSoft general ledger and Eagle STAR investment accounting system.
• Provides Investments Division with forecast on cash receipts and disbursements associated with the pension contributions, annuity payroll, insurance premium contributions, and insurance claim payments.
• Prepares USAS voucher, general ledger journals, and wiring instructions for the transfers of money between Texas State Treasury and the custodian.
• Maintains the daily interface of transactions from the master custodian to ERS’ general ledger.
• Assists Investment Operations staff in researching errors on the set up of security master reference in the Eagle STAR investment accounting system.
• Provides assistance with the verification of the daily allocation of investment income and expenses to the pension funds and the group benefits program.
• Provides directives to the custodian to record unit activities in the unitization pools.
• Assists Cash Processing team of the Finance Division:
• Classifies and records cash receipts into general ledger via computer entry.
• Prepares daily deposits delivered to the Comptroller of Public Accounts.
• Assists in analyzing functional requirements and provides feedback for improvements to the Eagle STAR investment accounting system and/or other financial systems.
• Assists Financial Reporting team to prepare Annual Comprehensive Financial Report and other quarterly and monthly reporting projects.
• Attends work regularly in accordance with agency leave and attendance policies.
• Complies with all applicable agency policies and procedures, including safety and standards of conduct