Be a part of the investment operations team behind an award winning, world-class institutional investment program with invested assets of approximately $58.7 billion.
Salary: $68,541 - $75,069 commensurate with experience and education
Job Type: Full-time with benefits
Location: Jefferson City, Missouri
About PSRS/PEERS
PSRS/PEERS is the largest defined benefit pension plan in Missouri with more than 315,000 members. We work in partnership with Missouri public school districts to provide retirement security for Missouri's public school teachers and education employees through lifetime monthly service retirement benefits, as well as disability and death benefits.
The primary focus of our investment program is to achieve an annual return of at least 7.3% over long periods of time. We attempt to reduce overall portfolio risk by diversifying into several asset classes, including both public and private investments spanning both domestic and international markets.
The PSRS/PEERS investment program is well respected and recognized within the industry. Multiple members of the PSRS/PEERS investment team have been named to Institutional Investor's Rising Stars list, and our Chief Investment Officer has been named to Trusted Insight's list of Top Pension Chief Investment Officers. In 2023 and 2024, PSRS/PEERS was named one of the "Best Places to Work in Money Management" by Pensions and Investments magazine.
Our 173 employees work out of two locations - our main office in Jefferson City, Missouri, and a smaller office in St. Louis, Missouri. Our Jefferson City office is located on the city's west side and is open from 7:30 a.m. to 4:30 p.m. Monday through Friday.
Many positions have scheduling flexibility within those hours and the opportunity to telecommute part of the week. Our recently remodeled building provides state-of-the-art technology and security, with comfortable, ergonomic working spaces and collaborative areas throughout the building. Employees enjoy ample on-site parking and a flexible, family-friendly work environment.
About the Job
As an Investment Accountant, you will support our Investment and Accounting Departments and will help our staff, management, and Board of Trustees stay informed about investment activities and performance. You will develop a diverse skill set working on a variety of investment and accounting related tasks and innovative software programs to ensure accurate and timely financial information.
As an Investment Accountant, you will process monthly investment accounting data into the Systems' general ledger; review financial statements and perform an analytical review to ensure accuracy; and monitor the Systems' investment cash activity, including the processing of private risk investment cash flows, to ensure the approval of private equity, private credit, and real estate capital calls and distributions via the custodian bank's online system in a timely manner.
This position also assists with the investment operations of the private risk investment portfolio to determine that all market values, returns, and fees are fairly stated.
This position reports to the Investment Accounting Manager. There are occasional overnight travel opportunities, but it is not a requirement of the position.
Job Requirements
Candidates should possess a bachelor's degree in accounting, finance, or a closely related field. A candidate that is highly motivated and has a strong willingness to learn is important as this position offers significant on-the-job training. Investment or accounting experience demonstrating progressive responsibility is preferred, as is registration as a Certified Public Accountant (CPA) or Chartered Financial analyst (CFA).
Benefits of Working for PSRS/PEERS
Our employees enjoy a robust Health Savings Account (HSA) program, vision and dental insurance, and membership in a defined benefit pension plan with lifetime retirement benefits and five-year vesting.
We offer three weeks of paid vacation and three weeks of sick leave per year to start, and 12 paid holidays each year.
Tuition assistance is available. Professional development and ongoing training are encouraged. Exemplary employees may be selected to participate in our leadership program.
Company-wide events are held both on-site and off-site, and our employee fund coordinates activities and participation in charitable campaigns.
More information can be found on PSRS/PEERS career page at www.psrs-peers.org/About-Us/Careers
We are an innovative and results-oriented organization dedicated to the financial security of our members. We take pride in providing exceptional service to both our members and our employer community. We are committed to developing the talents of our staff in an environment of mutual respect, diversity of thought and transparency
