Senior Accountant​/Auditor

About IPOPIF The Illinois Police Officers’ Pension Investment Fund ( IPOPIF ) was created by the Illinois Legislature and signed into law by Illinois Governor JB Pritzker on December 18, 2019. The law, Public Act 101-0610, provided for the mandatory consolidation of the investment assets of the state’s public safety pension funds into two investment funds - one of which is for police.

The consolidation of the investment assets of the 357 involved downstate and suburban police pension plans into one statewide investment asset pool will create a single trust fund with an estimated $16.0 billion in assets.

The Illinois Police Officers’ Pension Investment Fund ( IPOPIF ) was created by the Illinois Legislature and signed into law by Illinois Governor JB Pritzker on December 18, 2019. The law, Public Act 101-0610, provided for the mandatory consolidation of the investment assets of the state’s public safety pension funds into two investment funds - one of which is for police.

The consolidation of the investment assets of the 357 involved downstate and suburban police pension plans into one statewide investment asset pool will create a single trust fund with an estimated $16.0 billion in assets.

IPOPIF is seeking outstanding applicants for the position of Senior Accountant/Auditor. Under the direction of the Controller, a Senior Accountant/Auditor performs a variety of specialized and responsible duties related to the day-to-day accounting or auditing activities, performs highly responsible and complex work, maintenance, and review of fiscal, financial, and participant pension fund records; and other work as required.

The Senior Accountant/Auditor will perform a variety of specialized and responsible duties related to the day-to-day accounting activities perform highly responsible and complex work, maintenance, and review of fiscal, financial, and statistical records.

• Review information provided by the Fund’s custodian, reconcile to recordkeeping reports, and prepare for submission to regulatory agencies.
• Review and perform verification procedures on information submitted by participant pension funds relevant to cash management procedures.
• Prepare general ledger entries and reconcile with supporting records.
• Perform bank reconciliations.
• Assist with preparing monthly and annual financial statements.
• Maintain timely payment of bills and invoices.
• Initiate wire transfers to support administrative and investment operations.
• Assist with annual external audit.
• Prepare government-required reports and filings.
• Maintain accounting or auditing software used by IPOPIF.
• Prepare written reports with recommendations on audit findings and follow up on the status of findings and recommendations.
• Review and report on effectiveness and adequacy of internal control systems.

• Graduation from an accredited university of college with a bachelor's degree in finance, accounting, or auditing, business, or related field of study preferred.
• Certified Public Accountant (CPA) certification is preferred but not required.
• Certified Internal Auditor (CIA) certification is preferred but not required.
• Seven to ten years of experience in government, public accounting or auditing, pension fund administration, or an investment management institution.
• Experience working in professional services or public pension industry.
• Highly proficient in Microsoft Office Suite including Outlook, Word, Teams, and Excel.
• Highly detailed-oriented and self-motivated.
• Strong organizational skills
• Any combination of education, training, and/or experience that could likely provide the desired knowledge and abilities.

EOE M/F/D/V