Deputy Finance Director - PEHP

About The Company

Utah Retirement Systems provides benefits for state and other Utah Public employees through the work of two divisions. The Retirement Office administers pension and retirement benefits. PEHP Health & Benefits specializes in medical, dental, life, and other benefits. We take pride in providing a peace of mind for thousands of Utah families. We are committed to our public mission and maintaining a positive team environment.

We offer a competitive salary, and our benefits far exceed what most modern employers offer.

POSITION SUMMARY

Performs a variety of administrative, managerial, and professional technical duties related to planning, organizing, and controlling the financial reporting and the general accounting functions of Utah Retirement Systems and PEHP.

ESSENTIAL JOB FUNCTIONS AND DUTIES

Financial Operations & Planning

• Assists the CFO in developing and implementing financial strategies, policies, procedures, goals, and objectives.
• Oversees day‑to‑day financial operations, including accounts payable, accounts receivable, and the general ledger.
• Assists in financial reporting, internal controls, tax reporting, and account reconciliations.
• Supports budgeting, forecasting, and financial planning processes to achieve financial targets across all organizational divisions.
• Analyzes financial data and performance metrics to provide insights, identify trends, and recommend improvements.

Financial Reporting

• Prepares complex annual and quarterly financial statements and ensures compliance with GAAP, GASB, and other authoritative standards.
• Ensures all required financial statements meet applicable regulatory and accounting standards, including GFOA requirements when applicable.
• Participates in internal and external audits and coordinates with auditors to ensure accurate and timely completion.

Leadership & Team Development

• Ensures team deadlines and responsibilities are met.
• Develops and mentors team members, sets goals, and creates a collaborative team environment.
• Participates in recruitment, employee development, evaluation, and discipline as needed.

Strategic, Technical, and Operational Responsibilities

• Applies strategic planning principles to support division goals.
• Ensures accuracy of accounting systems and fund balances; performs reconciliations and reviews.
• Assists in managing investment accounting, fair value reporting, and required disclosures, as applicable.
• Collaborates on the design, implementation, and updating of accounting systems; serves as a finance subject matter expert for enterprise‑wide system updates.
• Builds strong relationships with internal stakeholders to support financial needs and strategic initiatives.
• Prepares and presents financial information to executive leadership, boards, or other stakeholders as needed.
• Prepares and presents budgetary and other financial information to the Retirement Board and other key stakeholders, as a backup to the CFO.
• Maintains regular and reliable attendance.
• Maintains strict confidentiality.
• Performs other duties as assigned.

Education and Experience

Bachelor’s Degree in accounting, finance, business management, public administration, or a related field; and seven (7) years of progressively responsible experience in financial management or accounting, which includes two (2) years in a supervisory or managerial capacity; or an equivalent combination of education and experience.

Certified Public Accountant (CPA) is strongly preferred.

Master’s Degree in accounting, finance, or MBA is preferred.

Required Knowledge, Skills, and Abilities

This list contains knowledge, skills, and abilities that are typically associated with the job. It is not all-inclusive and may vary from position to position:

Required extensive knowledge of:

• Professional accounting standards and ethics.
• Generally accepted accounting principles established by American Institute of Certified Public Accountants (AICPA) and GASB.
• Internal control principles and methods of application.
• Federal and state laws and regulations pertaining to tax reporting, pension, and deferred compensation funds.
• Budgetary principles.

Required technical skills include the extensive…