Position Information

Position Information Message
Assistant Chief Financial Officer, LACERA

The Los Angeles County Employees Retirement Association (LACERA) administers and manages the $75+ billion retirement fund for the County of Los Angeles. We provide retirement, disability, and death benefits to eligible County Employees and their Beneficiaries, and collect, deposit, invest, and manage retirement funds collected from the County, Outside Districts, and County Employees.  LACERA is one of the largest county retirement associations in the United States with over 184,000 Members. Our Membership is comprised of individuals from a diverse range of careers, age groups, and ethnicity - all contributing to the greater welfare of Los Angeles County.

LACERA is located in Gateway Plaza at 300 North Lake Avenue in the beautiful City of Pasadena.  The building is easily accessible from the Foothill Freeway (210) and the Metro Lake Station.  We offer convenient free parking for staff members in our secure structure adjacent to the building in addition to a robust rideshare program providing commuting alternatives such as ride-matching, vanpool, carpool, parking services and more. Prioritizing health, well-being, and sustainability, Gateway Plaza is a Class “A” office building, LEED Gold Certified and EPA Energy Star Certified.   With a Walkability Score of 91, LACERA staff members are able to easily enjoy the approximately 150 shops, food, and dining options that make up the popular South Lake Avenue District.

Our Members dedicate their careers contributing to the welfare of Los Angeles County. For their service, the County contributes to their promised benefits, and LACERA is dedicated to serving them in return throughout their career and their life afterwards. 

Our Core Values serve as our cultural guide and foundation in meeting our mission. As a member-focused government agency, we abide by our core values to ensure the public's trust, operate efficiently and cost effectively, and provide our members their promised benefits.  
 

Assistant Chief Financial Officer, LACERA description image
 
 If you are interested in being part of this rewarding team, LACERA invites you to apply!
 
Benefits include a cafeteria benefit plan (14.5%-17% of monthly salary), annual leave, defined benefit retirement plan, Savings Plan (401k), Deferred Compensation Plan (457), 13 paid holidays per year, savings plan, a hybrid work schedule, tuition reimbursement, and a ride share program.
 
ABOUT THE POSITION
The Assistant Chief Financial Officer, LACERA will report to the Chief Financial Officer, LACERA in the Financial Accounting and Services Division, and is responsible for assisting in the overall management of the Division.  

 

This one position classification is responsible for administering, planning and directing, through subordinate supervisors, the daily operations of FASD accounting functions and making recommendations on long-range integrated plans to ensure effective corporate and investment accounting operations and the provision of accurate, timely, and useful financial information.  As a third-level supervisor and manager, they will actively mentor staff and enhance overall operational efficiency and adaptability. 

 

The position must apply a thorough knowledge of management concepts and principles; departmental programs, policies, goals and objectives; Generally Accepted Accounting Principles (GAAP); Governmental Accounting Standards Board (GASB) standards and guidelines; County Employees Retirement Law (CERL); fiscal and accounting internal controls; and laws governing the administration of retirement benefits, laws governing banking and treasury operations, at a level sufficient to make recommendations for the interpretation of laws and pronouncements; organize and plan the work of FASD, and support LACERA’s Mission, Vision and Values, and strategic planning efforts while simultaneously achieving compliance with applicable rules, regulations, and standards.

 

The position must have refined written and verbal communication skills to clearly convey critical financial issues and proposed resolutions, strong leadership skills to manage professional accounting staff, and the ability to establish and maintain effective working relationships with members of LACERA's Boards, management, internal staff, governmental agencies, professional service providers, and the public.
 
 The ideal Assistant Chief Financial Officer will:
 

  • Manage the daily operations of the General Accounting and Financial Accounting sections, through subordinate supervisors.
  • Provide direct oversight and high-level guidance for LACERA’s financial reporting and compliance functions.
  • Prepare and present a variety of fiscal and actuarial topics to LACERA Boards and both internal and external parties.
  • Assist in the development and implementation of strategic initiatives and process improvements.
  • Enthusiastically train and mentor staff to encourage continuous professional development and learning.
  • Establish and maintain effective working relationships with members of LACERA's Boards, management, internal staff, governmental agencies, professional service providers, and the public.
  • Think strategically, forecast potential threats, and understand the factors affecting operational efficiency and compliance for a public pension fund.
  • Act in the absence of the Chief Financial Officer, LACERA.
  • Believe in and protect LACERA’s Mission, Vision, and Values!

 

CERTIFICATION BONUS: Any permanent, full-time employee working in this classification possessing a valid Certified Public Accountant (CPA) by the California Board of Accountancy is entitled to a Certification Bonus equal to two (2) salary schedules (approximately 5.5%) as provided by the Los Angeles County Step Pay Plan. 

To apply, click here or go to www.lacera.com, Careers, Current Career Opportunities.

Position: Assistant Chief Financial Officer, LACERA
Organization: Los Angeles County Employees Retirement Association (LACERA)
Location: Pasadena, CA,  CA 
United States
Salary: $10,079.08 - $15,255.52 Monthly
Posting Start Date: 6/11/2024
Date Posted: 6/11/2024
Requirements

A Bachelor's degree from an accredited college or university with a major in Accounting, Business Administration, Finance, Economics, or a closely related field, with completion of twenty-one semester units or thirty-two quarter units of accounting including at least two courses in advanced accounting subjects.

- AND -
Two (2) years of experience at the level of Accounting Officer I, LACERA* or higher, with responsibility for planning, organizing, and directing a large, complex, and comprehensive audit, corporate accounting, or investment accounting program. 

 

Special Requirement Information:
*Experience at the level of Accounting Officer I, LACERA* or higher includes performing professional accounting work and supervising a unit of at least five or more professional accounting and technical accounting staff engaged in the operation of a comprehensive fiscal or investment accounting system. 

Status: This listing expires on: 7/11/2024
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Organization Information
Name:
Los Angeles County Employees Retirement Association (LACERA)
Address:
300 North Lake Ave Suite 650

Pasadena, CA,  CA 91101
United States
Email:
humanresources@lacera.com
Phone:
Fax:
Contact:
Connie Chan

P2F2

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.