What are the responsibilities and job description for the Health Program Accountant position at California Public Employees' Retirement System...?
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. Headquartered in downtown Sacramento, we are a destination employer with an international reputation for leadership and innovation. At CalPERS, we’re committed to people – the people we serve, our team members, and the larger community around us. CalPERS is situated near the Napa Valley, San Francisco, Lake Tahoe, and other desirable destinations, and we offer competitive benefit packages, compensation, and opportunities for advancement.
Anticipated Interview Dates: In person interviews are anticipated to be held the week of 5/26/2025.
Telework Information: This position is eligible for hybrid work schedule, with up to two days of remote work and three days or more onsite, per week.
CalPERS seeks an Accounting Officer (Specialist) or Accountant Trainee in the Financial Reporting and Accounting Services Division, Health Accounting section.
Do you have a passion for health? Do you want your work to help make a real difference in peoples’ lives? Do you want to work in a supportive and collaborative team working environment? If yes, please explore this opportunity to join our team in the Financial Reporting and Accounting Services Division, Health Accounting Section. CalPERS Health Benefits contribute to the wellbeing of 1.5 million active and retired members and their families. Our unit tracks and accounts for the health premiums for these members.
Duties include but are not limited to:
- Prepare, review, validate, and record approximately $6 billion in medical and pharmacy claims, capitation payments, rebates, subsidies, and administrative expenses and fees to the General Ledger (GL) in the PeopleSoft Financials Accounting System (PSFAS).
- Assist in reconciling monthly financial accounts, to analyze and understand to ensure general ledger account information is accurate, consistent, traceable, and auditable between PSFAS, myCalPERS, accounts maintained by the State Controller’s Office, various databases, and third-party administrator.
- Validate cash deposits in the PSFAS for agencies that contract with CalPERS for health benefits.
- Audit, code, and journalize the daily cash deposit and validate that the general ledger balance matches the deposit reports and/or the electronic funds transfers including but not limited to corresponding general ledger accounts maintained by the State Controller’s Office.
- Participates as the FRAS representative on behalf of Health Accounting on communications to various team members within CalPERS to provide or receive supporting documentation.
- Assists in mid-year and year-end tasks including adjusting/closing entries for the preparation of the annual financial statements and providing required Prepared by Client (PBC) to the external auditor.
Job Type: Full-time
Pay: $5,113.00 - $6,399.00 per month
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Retirement plan
- Vision insurance
Schedule:
- Monday to Friday
Work Location: Hybrid remote in Sacramento, CA 95811
Salary : $5,113 - $6,399
