Financial Reporting Accountant

Position Title: Financial Reporting Accountant
Salary Group: B17
Posting Date: 12/16/2019
Posting Number: 1239
Salary Type: Monthly
Closing Date: Open Until Closed
Class Number: 1016
Salary Range: $3,600.00 - $4,000.00
Number of Positions: 1

Essential Functions

The Employees Retirement System (ERS) supports state employees who have dedicated their career to supporting Texas!  The Financial Reporting team in the Finance Division is seeking an Accountant to perform moderately complex professional financial and accounting work.  The Financial Reporting Accountant is responsible for coordinating accounting and related activities to ensure timely and accurate reconciliations, preparation of financial analyses and reports, establishing and maintaining accounting procedures and controls, and assisting in preparation of the ERS Comprehensive Annual Financial Report (CAFR).  The ideal candidate should possess a strong work ethic, the ability to adapt to change and a desire to gain more experience with accounting principles, practices, and procedures.  

ERS promotes a strong work-life balance while driving employee excellence through professional development, a collaborative working environment and a competitive benefits package.

Essential Functions includes, but is not limited to
  • Prepares entries to record accounting events (e.g. appropriation budget, appropriation transfers.)
  • Prepares monthly, quarterly, and annual reconciliations between the ERS general ledger and other sources.
  • Researches and reconciles discrepancies in accounts, bank statements, and appropriation balances; and reports findings.
  • Assists in the preparation of the agency's CAFR including fiscal year-end tasks.
  • Prepares and processes the monthly state insurance contribution draw for Higher Education Institutions' (HIED) active and retired premiums
  • Monitors and analyzes insurance and flex account balances for HIED institutions and assists HIED agency personnel with reconciliation and reporting procedures.
  • Calculates the reallocation of HIED state insurance contributions between institutions.
  • Prepares insurance communications, as needed.
  • Data entry of accounting transactions into the ERS financial systems and Uniform Statewide Accounting System (USAS).
  • Assists in the compilation and preparation of information for Legislative Budget Board Reporting.
  • Assists in the compilation and preparation of the agency's certifications.
  • Assist with special legislative requests, cash flow studies, and other special projects.
  • Keeps abreast of legislative changes that affect management of funds.

Required Minimum Qualifications

  1. Graduation from an accredited four-year college or university with a major in accounting, finance or a business-related field, including completion of 12 semester hours in accounting.
  2. One year of related work experience can be substituted for each year (30 semester hours) of college credit up to four years. Related work experience includes but is not limited to:
  • Reconciliation between two complex accounting systems
  • Experience maintaining an accounting system (e.g., chart of accounts, profiles, general ledger entries, report development)
  • Analysis & Implementation of new accounting standards and practices (e.g., GASB & GFOA)

Preferred Qualifications

  1. Three (3) years’ experience in advanced accounting working with accounting software.
  2. Experience with PeopleSoft and/or Comptroller of Public Accounts USAS
  3. Accounting experience with a Texas state agency.
  4. Experience writing and updating procedures.

Other Information

PLEASE NOTE: All applications must contain complete job histories, which includes job title, dates of employment, name of employer, supervisor's name and phone number and a description of duties performed. If this information is not submitted, your application may be rejected because it is incomplete. Resumes do not take the place of this required information.
Other Information:  Work is performed in an office environment.  This position may require access to privileged, confidential, or sensitive data.  ERS will conduct either a TXDPS or FBI criminal history check on all new hires.  For more information about this policy inquiries can be made to

Military Occupational Specialty (MOS) Codes

Veterans, Reservists or Guardsmen with experience in the Military Occupational Specialty ( along with the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply.  Please contact Human Resources at  with questions or for additional information.