Position Information

Position Information Message
Deputy Chief Financial Officer
As PSRS/PEERS Deputy Chief Financial Officer (DCFO), you can look forward to providing leadership, management and direction for accounting, finance, investment accounting and actuarial activities at Missouri’s largest public pension plan. We are looking for an experienced leader who can serve in this role for a period of approximately 18 months and then, contingent upon successful performance, transition into the position of Chief Financial Officer (CFO).
About the Job
This position reports to and works in collaboration with the CFO to direct overall financial plans and accounting practices; oversee financial and accounting controls and standards; and ensure timely financial and statistical reports for management, trustees, auditors and actuaries. You will assist with supervision of all staff and teams reporting to the CFO.

Essential Job Functions
  • Develop, implement and evaluate accounting and finance policies and procedures including financial and investment reporting, budget preparation and monitoring, treasury functions, purchasing and procurement, payroll, vendor and expense payments
  • Work closely with our global custodian, other consultants and investment operations team to ensure timely and accurate reporting of investment transactions, efficient and effective investment operational changes, and accurate performance reporting methods and deliverables
  • Provide strategic recommendations to executive management and our
    Board of Trustees
  • Routinely present recommendations and implementation strategies to the Board; research issues for the Board as requested
  • Manage the relationship with the external actuaries:
  • Coordinate and review annual actuarial valuations, funding projections, periodic actuarial experience studies and actuarial audits
  • Coordinate the completion of fiscal note requests with the external actuaries, Chief Counsel and lawmakers
  • Present complex actuarial data and topics to the Board, management
    and stakeholders
  • Develop and present the annual budget for the Board of Trustees
  • The fiscal year 2024 budget approximates $4.7 billion inclusive of $4.0 billion in retirement benefits, $700 million in investment fees and administrative expenses and $25 million in administrative expenses and capital assets.
  • Oversee the preparation of the annual comprehensive financial report and oversee the annual audit; ensure compliance with GASB pronouncements through the research of proposed and new statements; provide updates to management and others impacted when new statements have a significant impact on operations
  • Work closely with the Director of Human Resources on employee benefit plans, compensation studies, succession planning and implementation of policies and procedures
  • In coordination with the Chief Counsel, ensure compliance with required regulations and implementation of federal and state legislation impacting PSRS/PEERS as an employer and as defined benefit pension plans
  • Coordinate and oversee audits performed by regulatory and other agencies
  • Ensure appropriate internal controls are in place to protect the organization from unacceptable financial risk and take steps to enhance the internal control systems
  • Manage operations and staff; delegate, prioritize and assign work and projects; hire, retain, motivate and empower the right team; coach and instruct employees; develop staff and conduct performance evaluations
  • Provide leadership, direction and coaching to staff in the areas of problem resolution, planning and work assignments
  • Conduct research and planning; monitor industry trends and identify potential changes; analyze workload and recommend staffing assignments and adjustments; manage projects
  • Work with management and the Board in determining and analyzing financial strategies and directions; evaluate new and proposed legislation; analyze new systems and the impact of tax changes
  • Oversee the preparation of tax filings and monitor new regulations for compliance
  • Serve on cross-functional teams as needed
Position: Deputy Chief Financial Officer
Organization: PSRS/PEERS of MO
Location: Jefferson City,  MO 
Salary: $175,000 - $250,000
Posting Start Date: 9/15/2023
Date Posted: 9/15/2023
Requirements Required Education and Experience
  • A bachelor’s degree in accounting and a master’s degree in business administration or accountancy
  • At least 10 years of accounting experience in the same or a related industry
  • Registration as a Certified Public Accountant (CPA)
  • A minimum of five years of supervisory experience
The broad array of knowledge required for this position can typically only be acquired through progressive experience. Progressive responsibilities, experience in a senior management position, and a minimum of five years of public accounting experience are strongly preferred.

Knowledge and Skills
Our Deputy Chief Financial Officer should:
  • Be an outgoing, intellectually curious and open-minded team player who works well independently and in team situations
  • Possess expert verbal and written communication skills
  • Effectively communicate with all levels of the organization including the Board of Trustees; establish and maintain effective working relationships with other staff, trustees, member organizations, service providers and pension plan members
  • Possess excellent interpersonal and collaborative skills, including the ability to communicate complicated information, deliver bad news effectively, and exceed internal and external expectations
  • Effectively manage, lead and delegate work and projects
  • Consistently meet deadlines while managing multiple priorities
  • Be an expert in:
    • Analyzing large amounts of data
    • Analyzing financial issues and recommending sound solutions
    • Using and administering financial accounting packages
    • Formulating, recommending and administering accounting and financial policies
  • Have knowledge of:
    • Generally Accepted Accounting Principles (GAAP) and Government Accounting Standards Board (GASB) requirements
    • Investment accounting practices and reporting for a diversified investment portfolio, including private equity, private credit and private real estate investments
    • Actuarial principles, terms and practices
    • Investment principles and regulations, terms and practices
    • The principles and operations of financial accounting packages
    • Management and personnel administration methods, techniques and policies
    • Budgets and financial reporting
    • Finance and treasury operations
  • Be skilled in the use of a personal computer and proficient in Microsoft Office products including Outlook, Word, PowerPoint and Excel
Status: This listing expires on: 10/15/2023
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Organization Information
3210 W. Truman Boulevard

Jefferson City,  MO 65109
Anita Brand


The Public Pension Financial Forum is organized for education, pension advocacy and networking purposes. To support the ongoing education of our membership, we prepare quarterly newsletters, hold member facilitated conference calls and webinars, and host an annual conference.  We also have a Member Forum that allows members to ask questions and receive answers from each other.  To participate in P2F2, follow the member enrollment link above.