Job No. 155472
- Job Title:
- Retirement Accountant - 36837
- Employer:
-
University of Colorado at Boulder
- Location:
-
Denver , CO
- Posting Date:
- 15-May-2025
- Description:
-
Position Summary:
The Office of University Controller (OUC) is responsible for managing the university’s system of record – the Finance System – and its interfaces with purchasing, payables, human resources, and other subsystems, including the Cognos Reporting System. The OUC works closely with the CU campus controllers, the state controller, and the state auditor’s office to ensure that fiscal practices comply with external and internal rules and regulations and generally accepted accounting principles. The OUC communicates fiscal policies and procedures to the university community through its newsletter, website, and training programs, and provides direct assistance to faculty, staff, and other individuals through the Financial Services & Solutions Help team. The office also administers a Continuing Professional Education program and the CU Innovation & Efficiency (CU I&E) Awards employee recognition program.
This position is a part of the University Controller’s office at CU System Administration. Payroll/Benefit Accounting is responsible for administering and managing the payroll/benefit accounting functions for the University of Colorado System, including maintaining compliance in operational, tax, and accounting activities. The Retirement Accountant is responsible for managing retirement plan data calculations, vendor remittances, and retirement-related accounting functions for the University of Colorado. This includes reconciling and transmitting contribution files, reconciling retirement General Ledger accounts, identifying/resolving discrepancies, tracking outstanding liabilities, handling vendor receivables, and ensuring compliance with federal, state, and University reporting requirements. The Retirement Accountant processes quarterly unemployment reporting on behalf of all employees for CU.
The Retirement Accountant position reports to the Payroll & Benefits Accounting Program Director and is exempt from the State of Colorado Classified Staff.
Where You Will Work:
Hybrid – this role is eligible for a hybrid schedule, working some days from home and some days in office.
Equal Opportunity Statement:
CU is an Equal Opportunity Employer and complies with all applicable federal, state, and local laws governing nondiscrimination in employment. We are committed to creating a workplace where all individuals are treated with respect and dignity, and we encourage individuals from all backgrounds to apply, including protected veterans and individuals with disabilities.
Duties & Responsibilities:
Duties and responsibilities of the position include, but are not limited to:
Reconcile retirement contributions between HCM and the general ledger; submit files to TIAA, PERA, 401(k), and 457 vendors; resolve file errors; and initiate remittances via Treasury. Payroll is triggered on a Bi-Weekly and Monthly schedule. Process monthly and biweekly journal entries related to retirement contributions.
Prepare monthly submissions for PERA Independent Contractors, including preparing PERA files and journal entries, submitting files/summary to PERA, and notifying Treasury of ACH information.
Manage retirement vendor-related Mistake of Fact (MOF) receivables and reconciliations, including conducting TIAA reconciliations, preparing cash receipt forms, and monitoring/taking action on aging reports.
Reconcile all General Ledger accounts related to the Retirement Accountant role. This involves research and analysis along with being responsible for determining resolutions to issues.
Provide assistance on retirement vendor accounts to internal and external customers, including Employee Services and Retirement Vendors.
Prepare employee Purchasing Death Payout (PDP) review and appropriate vendor contribution reporting for Accounts Payable and HCM entries.
Manage additional retirement vendor reconciliations, including reviewing overpayment retirement vendor adjustments and impact to vendor contribution reporting, processing Early Retirement Incentive Program (ERIP) annual contributions/special reporting to TIAA, reviewing TIAA forfeiture accounts/applications of funds, and handling 401(a)17 excess contributions filing and other system-related impacts on retirement contribution processing.
Prepare and submit quarterly reports in compliance with federal, state, and University regulations, including: Workers Compensation data, Unemployment Insurance Tax Report (UITR), and Multiple-Worksite Report (MWR).
Coordinate communications with Employee Services on Unemployment Claim information received from various taxing jurisdictions.
Participate in PeopleSoft HCM System upgrade testing and resolution of outstanding HCM/FIN interface issues.
Process 50-100 Journal Entries monthly
Prepare/revise documentation on procedures on the above procedures.
Participate/contribute in OUC meetings with Employee Services (Payroll) as required.
Other duties as assigned.
What We Offer:
Salary: The anticipated hiring range has been established at $58,500 - $64,000
CU System Administration takes into consideration a combination of the selected candidate’s education, training and experience as it relates to the position, as well as the position’s scope and complexity, internal pay equity and external market value when determining a salary level for potential new employees.
Benefits: With our unparalleled range of benefits, including top-notch healthcare, comprehensive wellness programs, enriching professional development, and a dynamic work-life balance, we ensure your holistic growth and happiness.
No-cost or low-cost medical & dental plan options, some inclusive of IVF assistance.
Disability, Life, Vision Insurance options.
Multiple retirement planning options including a mandatory 401(a) plan where CU contributes 10% of your gross pay, a 401k or 403b plan and a 457 deferred compensation plan.
Pre-tax savings plans, such as Health care and Dependent care flexible spending accounts.
Embrace a healthy work-life balance with ample sick and vacation leave, along with at least 12 paid holidays. This includes a dedicated week off for winter break.
6 weeks of parental leave to adjust to the joys of parenthood.
A tuition benefit program for you and/or your dependents.
Free RTD EcoPass and Free Onsite Parking at our 1800 Grant Street Office.
Many additional perks & programs with the CU Advantage.
Additional taxable fringe benefits may be available.
For more information on benefits programs, please review our Comprehensive Benefits Guide.
Access our Total Compensation Calculator to see what your total rewards could be at CU. (This position is a University Staff position)
Qualifications:
Minimum Qualifications:
Please ensure your resume includes any and all relevant experience to be accurately assessed against these qualifications. You must meet all minimum requirements listed at the time of application to be considered for this role.
Bachelor's degree in accounting, finance, business, or related field from an accredited institution of higher education (education requirement may be substituted by professional experience on a year for year basis).
One (1) year of professional accounting experience
Preferred Qualifications:
Two (2) years of professional accounting experience
Professional experience with PeopleSoft enterprise software (e.g., Finance, HCM)
Professional experience in public higher education or other complex government organization.
Knowledge, Skills, and Abilities:
To be successful in this position, employees will need to know the following:
Excellent verbal, written, and interpersonal communication skills.
Advanced organization and teamwork skills.
Exceptional customer service orientation and commitment
Understanding of accounting procedures and best practices
Understanding of payroll tax accounting issues
Ability to proficiently use the Microsoft Office suite, especially Excel
- Contact information:
- University of Colorado at Boulder
- Denver, CO 80309
- United States
- Employer's Website:
-
Visit Employer's website