News Column

PERAC Posted a Job Opening for the PERAC

July 31, 2014



BOSTON, July 31 -- The Massachusetts Executive Office for Administration & Finance's Public Employee Retirement Administration Commission issued the following bulletin:

PERAC

JOB OPENING

OFFICIAL TITLE: Retirement Examiner

SALARY RANGE: $45,000$65,000

DUTIES:

Travels (primarily Southern Mass) to audit sites and performs detailed work in auditing retirement systems in the areas of expenditures, assets, liabilities, financial statements, investment portfolios, retirement allowances, and similar records to comply w/ set laws and regulations.

Examine records, reports, operating practices, and documentation to ensure compliance with the established accounting and management standards and internal control procedures

Appraise adequacy of internal control systems by completing audit questionnaire, develop audit tests to measure compliance.

Maintain internal control systems by updating audit programs and questionnaires and recommending new policies and procedures

Assists auditor in charge with the compilation of the internal control questionnaire while reviewing minutes of meetings, elections of officer, quorums at meetings and major changes to assure compliance with regulations.

Assists auditor in charge in the preparation of written reports or data entry of examinations itemizing all findings for review by Chief Auditor in the preparation of Final Audit.

Communicate audit findings by preparing a final audit report and discussing findings with audit staff.

As needed, will assist at PERAC office in the computation and entry of performance for the pension funds including dividends and interest receivables, market values and performance calculations and verification.

Enters data as required for related audit worksheets and schedules.

Perform other work related duties or special projects as required by Chief Auditor and Deputy Executive Director.

QUALIFICATIONS:

Experience in audit and legal compliance. Attention to detail. Working knowledge of the financial administration of public retirement plans, PERAC regulations and C. 32. Bachelor's Degree in Accounting, Finance, or related field. CPA and any relevant education and training a plus. Valid MA Driver's License

Send Resume and Employment Application to:

Human Resources

Public Employee Retirement Administration Commission

5 Middlesex Ave., Suite 304

Somerville, MA 02145

Application Deadline: August 22, 2014

Affirmative Action/Equal OpportunityEmployer. Minorities, women, physically challenged and Vietnam Veterans are encouraged to apply.

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