Job Class Search

Job Details

RETIREMENT ANALYST

The Retirement Analyst is responsible for analyzing financial and payroll information and preparing reports for fiscal activities of the retirement system. This position is

Class Code:

A083C

Job Grade:

GS06

Special Job Requirements:

None

Typical Functions:

Provides assistance to employers with delinquent service issues by researching and documenting employee service history, computing cost, and providing employer/employee contributions, plus calculated interest due, and prepares required adjustments to member system. Processes and reconciles various payments by employers for wage settlements and retroactive wage adjustments and assists employers with questions regarding retirement regulations and policies. Advises deceased retiree families in determining possible benefits and processes request form to remove deceased retiree from active payroll. Calculates partial annuity withdrawal (paw) payouts utilizing actuarial table and annuity amounts, reviews and audits for accuracy, and conducts quality assurance assessments on previously calculated benefits. Posts member transactions to system database as required. Posts transactions to general ledger accounting system, balances entries, and reconciles errors manually or electronically. Reconciles treasury balances with general ledger system and requests funds transfers from custodian bank to state treasury. Reconciles subsidiary accounts with general ledger and assists with budgets, monthly expenditure reports, and fiscal year closing activities. Develops and maintains spreadsheets, databases, and other fiscal reporting methods. Performs other duties as assigned.

Knowledge, Abilities, and Skills:

Knowledge of accounting principles and practices. Knowledge of organizational management, payroll, benefits, and budget processes. Ability to perform and verify the accuracy of mathematical calculations. Ability to use standard computers and software programs. Ability to manipulate data to generate complex reports and documents. Ability to organize, compose, and convey oral and written information. Ability to provide technical assistance to management, auditors, and staff regarding agency operations and procedures.

Minimum Qualifications:

The formal education equivalent of a bachelor’s degree in accounting, business administration, finance, or a related field; plus one year of experience in business administration, program administration, or related area. Additional requirements determined by the agency for recruiting purposes require review and approval by the Office of Personnel Management. OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.

Required Certificates:

None

Exempt:

N
Scroll to Top