Job description
Berkshire County Retirement System
Position Title: Retirement Coordinator - Accounting
Statement of Duties: Under the general supervision of the Executive Director, the Accountant/Retirement Counselor serves all members of the Berkshire County Retirement System and is responsible for providing retirement benefits as defined by MGL Chapter 32.
Reports to: The Executive Director
Responsibilities/Duties: Performs a variety of financial reporting and related accounting functions to ensure compliance and conformance with established policies procedures of the Board and MGL Chapter 32. Any other duties assigned to help move us forward in a way that best represents who we are as an organization.
Communication/ Analysis:
- Communication with members and/or member units to assist in processing or resolving problems
- Communication with members and town treasurers in response to inquiries regarding purchase of prior creditable service, transfers and withdrawals
- Performs audits of town, district and authority payroll reports to verify compliance with MGL Chapter 32
- Prepare and present retirement seminars as requested by membership
- Develops, maintains and updates the Berkshire County Retirement web page
Member services:
- Provides membership services to the active members, retirees and beneficiaries of the system, implementing the provisions of MGL Chapter 32: Public Employee Retirement Commission (PERAC) regulations and the retirement board policies.
- Explains retirement benefits and options, health/life insurance and federal tax withholding to future retirees and their spouses
- Provides retirement calculation estimates to members upon request
- Present retirement seminars, orientations and other membership activities
Accounting:
- Prepares, manages and maintains weekly staff payroll
- Provides and prepares year-end 1099's for distribution to the vendors and IRS
- Prepares W-2's for distribution to employees and IRS
- Reconciles all monthly bank statements
- Prepares quarterly reconciliation of supplementary schedule to financial statements
- Provides and prepares year-end reconciliation of supplementary schedule including member deposits, buybacks and transfers
- Issues monthly refunds, rollovers and transfers to other retirement systems
- Compiles the appropriation data questionnaire for assessment calculations
- Provides and prepares monthly, quarterly and year-end tax deposits and federal tax reports
- Prepares and maintains monthly accounts payables
- Prepares members' Annual Statements
Qualifications:
College graduate with course work in business administration, financial accounting or equivalent combination of education and relevant business or government experience.
Ability to communicate effectively and professionally with the public; well-developed written communications skills; the ability to communicate complex information concisely and effectively in person or via telephone.
- Strong mathematical, organizational and problem-solving skills with strong attention to detail
- Ability to understand and interpret retirement laws and regulations
- Ability to follow instructions and function both independently and as a member of a team
- Ability to keep complex records and to prepare periodic reports from such records
- Ability to establish and maintain effective and congenial working relationships with the membership, employers, other members of the public and retirement staff
- Commitment to quality service at all times
- Proficient in the use of personal computers, including word processing and spreadsheet software
- Willingness to travel within the state
Work Schedule:
Monday through Friday 8:00AM to 4:00PM.
Salary:
$60,000-$65,000 based on experience
To Apply for this Position:
Please provide a letter of interest, resume and references to: Sheila LaBarbera, Executive Director by email to sheila@berkshireretirement.com - job title must be listed in the subject matter of the email.
Applications may also be mailed to Berkshire County Retirement Board, 29 Dunham Mall, Pittsfield, MA 01201. Applications will be accepted until Friday, January 31, 2025 or until the position has been filled.
No phone calls please.
| Date published: | January 8, 2025 |
|---|