Assets Accounting Officer

Overview

The State of California is an Equal Opportunity Employer. The position is with CalPERS in Sacramento County, offering hybrid telework. This role is not eligible for visa sponsorship.

• Job Code: JC-507809
• Position #(s):
  
  -723
• Working Title:
  
  Real Assets Accounting Officer
• Classification: ACCOUNTING OFFICER (SPECIALIST)
• Salary: $5,266.00 - $6,591.00 per month (new to State candidates are hired at the minimum of the classification or alternate range when applicable)
• Number of Positions: 1
• Work Location:
  
  Sacramento County
• Telework:
  Hybrid
• Job Type: Permanent, Full Time

The California Public Employees’ Retirement System (CalPERS) is the nation’s largest public pension fund, providing retirement and health benefits to public employees, retirees, and their families. CalPERS offers competitive benefit packages, compensation, and opportunities for advancement. We value a diverse and inclusive workforce.

Anticipated Interview Dates:
In-person interviews beginning March 16, 2026.

CalPERS seeks an Accounting Officer (AO), Specialist in the Financial Reporting and Accounting Services Division, Real Assets Accounting. Under the general supervision of the Financial Accountant II, Supervisor, the incumbent performs professional accounting tasks requiring knowledge of general and investment accounting principles. The AO analyzes, researches, and reconciles accounting activity for the Real Assets Program.

Responsibilities include performing professional accounting tasks for the Real Assets Program including recording, analyzing, and reconciling Real Estate, Infrastructure, and Forestland investment activity (contributions and distributions, payables, receivables, income, realized and unrealized gains/losses, foreign currency transactions, fair market value (FMV), net asset value (NAV), and other general ledger activities) utilizing GAAP and GASB standards. Conduct monthly cash, contribution/distribution, and general ledger reconciliations ensuring AREIS, custodian bank, and CalPERS People Soft are in balance.

Analyze monthly cash activity and post to People Soft. Calculate and reconcile FMV and NAV for Real Estate, Forestland, and Infrastructure portfolios using AREIS and custodian bank reports. Review transaction activities reported through AREIS and by the custodian bank for reasonableness, review trial balances and income statements, and provide supporting reports to validate changes or recommendations. Research, analyze, and resolve reconciling items as needed.

Telework Information:
This position is eligible for a hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.

Sponsorship:
This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States without visa sponsorship. CalPERS does not participate in E-Verify for employment authorization purposes.

Effective July 1, 2025, CalHR PLP 2025 requires a 3% pay reduction in exchange for 5 hours PLP 2025 leave credits; the salary ranges shown do not reflect this reduction.

Statement of Qualifications (SOQ) required. The SOQ must be titled “Statement of Qualifications,” be typed, numbered responses, list all relevant experience, education, and training, and not exceed one page. It must address:
Describe your experience in reconciling, research, and analysis of accounting transactions affecting general ledger entries in a financial system. The SOQ must be submitted with your application; applications received without an SOQ will not be considered.

Minimum Qualifications:

All MQs listed in the Classification Specification must be clearly demonstrated in your application. If using education to meet MQs, include transcripts. If you have a degree from outside the U.S., provide a US equivalency evaluation (NACES). A valid examination for list eligibility may be required.

Final Filing Date: 2/27/2026. Applications will be screened; only the most qualified will advance. Submit via Cal Careers or as a hard copy package with required documents.

Required documents include the standard STD 678 form (or electronic application), resume (optional), and the SOQ. Applicants needing reasonable accommodations for interviews should request them when contacted.

For more information on Diversity, Equity, and Inclusion efforts and additional job details, visit CalPERS’ website and the Duty Statement.