Financial Executive Officer

The Public Employee Retirement System of Idaho (PERSI) is seeking a Financial Executive Officer to lead our Fiscal Department. Headquartered in Boise, PERSI is a public pension fund with approximately $23 billion in assets and 170,000 members at over 800 public employers throughout Idaho. PERSI's mission is to provide a sound retirement system and high-quality service and education to help Idaho public employees build a secure retirement.

Our vision is to be the premier public retirement system, respected by customers, peers, and the community, and known for professional service, technological advancement, and fund stability.

The Public Employee Retirement System of Idaho (PERSI) is seeking a Financial Executive Officer to lead our Fiscal Department. Headquartered in Boise, PERSI is a public pension fund with approximately $23 billion in assets and 170,000 members at over 800 public employers throughout Idaho. PERSI's mission is to provide a sound retirement system and high-quality service and education to help Idaho public employees build a secure retirement.

Our vision is to be the premier public retirement system, respected by customers, peers, and the community, and known for professional service, technological advancement, and fund stability.

• Excellent low-cost medical, dental, and vision insurance
• Generous vacation and sick leave accrual beginning as soon as you start
• Eligibility for the Public Service Loan Forgiveness Program (PSLF)
• Paid parental leave
• Eleven paid holidays per year
• PERSI retirement, one of the nation's best state retirement systems
• Multiple savings plans
• Life insurance
• A healthy work/life balance
• Wellness programs; ongoing training opportunities; and more

• Establish and manage internal financial controls and ensure the financial operation and reporting requirements are in compliance with applicable federal and state laws, rules, policies, and standards.
• Oversight of global investing documentation, accounting and cash management including coordinating, risk review and problem solving with all investment managers, consultants, banks and portfolio staff. Approve all transfers and disbursements of portfolio funds. Ensure adequate monitoring of investment accounts to catch problems early and provide a review independent from the portfolio section.
• Assure correct and on-time completion of all required financial statements, audits and reports for the Retirement Board, Legislative Services Office, Division of Financial Management, auditors, etc. Ensure compliance with all accepted accounting standards to include GAAP and GASB and all laws and regulations governing the financial functions of PERSI.
• Contract administrator with BNY Mellon for custody and trust relations.
• Oversee and administer private equity transactions as part of the portfolio management process.
• Management and oversight of actuarial, auditing, and 401(k) record keeper third-party contracts.
• Direct the development and implementation of, and continually monitor administrative and portfolio budgets, operating policies and management procedures.
• Develop documents for use by executive decision makers to respond to or assist in decisions.
• Manage accounts payable, travel claims, payroll for staff, insurance and risk management issues, purchasing, internal controls, and monitoring of purchases of all capital outlay items.
• Review and react to state and federal legislation impacting public pension fund administration.
• Ensure the effectiveness of financial programs and computer systems, oversee financial management issues, identify problems, and recommend and direct implementation of solutions.
• Direct, develop and manage financial staff in all operational areas within the…