Accountant 1 (Investment Control Division)

Commonwealth of Pennsylvania • Dauphin County, PA

2d • Hybrid

About The Position

The Office of Financial Management of the State Employees' Retirement System (SERS) is seeking a self-motivated, organized accountant to join their investment operations team. This position plays a key role in the operational functions within the Investment Control Division (ICD) of the Office of Financial Management (OFM) at SERS. The team is responsible for fulfilling the directives and initiatives of the SERS Investment Committee and Board in managing the Defined Benefit Plan investment portfolio. The role involves processing routine and non-routine investment transactions, including opening accounts, processing investment activity with the custodian, managing capital calls, and distributions.

Requirements

• Successful completion of the Commonwealth's Accounting Intern Program; or
• One year as a Fiscal Technician (Commonwealth job title or equivalent Federal Government job title, as determined by the Office of Administration), and fifteen college credits in accounting; or
• One year as a Financial Programs Trainee (Commonwealth job title or equivalent Federal Government job title, as determined by the Office of Administration); or
• Five years of Bookkeeping experience and fifteen college credits in accounting; or
• A Bachelor's Degree including or supplemented by fifteen credits in accounting.
• Applicants will be considered to have met the educational requirements once they are within 3 months of graduating with a qualifying degree.
• Must meet the PA residency requirement.
• Must be able to perform essential job functions.
• Must pass a background investigation.

Nice To Haves

• Proficient in Microsoft Excel
• Organized
• Ability to manage deadlines and multiple priorities
• Appreciates collaborating and making meaningful contributions to the team

Responsibilities

• Review capital call notices, check supporting documents, and enter payment details into required systems.
• Maintain the Daily Cash Flow Tracker to record capital calls, distributions, fee payments, and transaction details.
• Check investment-related invoices and confirm public market management fee invoices.
• Track pending cash and stock distributions until funds or shares are received at the custodian.
• Prepare journal entries and complete general ledger reconciliations each month.
• Update key tracking tools and document assigned processes to keep information accurate and current.

Benefits

• Opportunity to work from home (telework) full-time with occasional onsite visits as needed (requires securely configured high-speed internet and approved location inside Pennsylvania).
• Full-time employment, 37.5-hour work week, Monday through Friday.
• Work schedule beginning and ending between 8:00 a.m. - 5:00 p.m., inclusive, with a half-hour or one-hour unpaid meal period.
• Equal opportunity employer.
• Commitment to an inclusive and respectful work environment.
• Fosters personal and professional growth.
• Embraces the contributions of all team members.
• Leverages diversity in people, ideas, and experiences.
• Veterans preference.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level