FINANCIAL ACCOUNTANT II

Tax Compliance Lead FINANCIAL ACCOUNTANT II $8,658.00 - $10,758.00 per Month New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable. Final Filing Date: 9/12/2026 Job Description and Duties The CalSTRS Accounting Division is seeking a motivated individual to work as a Financial Accountant II in the Tax Research & Reporting Unit. The Operational Accounting Division is comprised of three units: Billings and Collections, Disbursements and Taxes, and Contributions. These areas focus on accounting for CalSTRS “cash collection” cycle; “procure to pay” cycle, “disbursement” cycle (specifically timely distribution of retirement checks as well as issuing member refunds), as well as, accounting for contribution activities. The Tax Research & Reporting Unit provides in-house tax support to CalSTRS business areas; performs tax research and analysis; provides explanation for implementation, compliance and controls for tax requirements; and assists other CalSTRS business areas in serving our members and beneficiaries regarding any tax issues related to the pension benefits issued by CalSTRS. Under the general supervision of the Financial Accountant III, the Financial Accountant II (FA II) serves as the lead specialist for the Tax Research and Reporting Unit. The FA II performs advanced technical and professional tax research, analysis, and reporting to ensure compliance with all taxing agencies pertinent to CalSTRS. This position provides nonsupervisory lead support by offering guidance, training, and quality control review assistance to subordinate staff. The FA II exercises independent judgment in resolving atypical and highly complex exceptions within CalSTRS’ information systems and tax reporting processes. The incumbent researches, documents, and analyzes the technical aspects of corporate and pension tax applications to ensure compliance and implements internal controls for tax withholding. The FA II performs complex analysis and submits required reporting, mandated by the Internal Revenue Services (IRS), Franchise Tax Board (FTB), Department of Tax and Fee Administration (CDTFA) and Governmental Accounting Standards Board (GASB). The FA II is responsible for reconciling and reporting tax withholding to the appropriate agencies. Additionally, the FA II assists the Financial Accountant III to monitor the external environment for changes to the IRS codes, and federal and state legislation to ensure CalSTRS’ ongoing tax compliance, both in relation to investment activities (domestic and international vendors), and CalSTRS business activities (pension and corporate taxes). The FA II also conducts legislative and policy analysis and makes recommendations to the FA III. Training, lead or supervision experience Knowledge of US GAAP, specifically Governmental Accounting Standards Board (GASB) pronouncements pertaining to public pension plans Knowledge of government accounting principles and procedures Experience utilizing SAP or similar Enterprise Resource Planning software Experience working in tax research and reporting or similar Financial Operational Landscape Knowledge of or ability to collect, track, and report data Ability to communicate effectively, both orally and in writing, with all levels of staff and management Knowledge of CalSTRS business processes, technical environment or pension/financial systems Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position. In July 2025, the State of California implemented the Personal Leave Program 2025. This program reduces employees’ monthly base pay in exchange for paid leave credits. This position is subject to PLP 2025 and will have a monthly base pay reduction of 3% in exchange for 5 hours of leave credits for the duration of the program. The salary ranges shown on this job posting do not reflect the reduced amounts. You will find additional information about the job in the Duty Statement . Working Conditions CalSTRS offers a hybrid approach including in-office and remote work solutions based on business needs. All staff of CalSTRS are employees of the State of California and subject to California employment taxes and withholdings. Upon appointment, staff are required to provide a current California address to CalSTRS Human Resources to be used as a remote work location. This position is not eligible for visa sponsorship. Applicants must be authorized to work in the US without the need for visa sponsorship by the start date of employment with CalSTRS. Minimum Requirements You will find the Minimum Requirements in the Class Specification. FINANCIAL ACCOUNTANT II FINANCIAL ACCOUNTANT II $8,658.00 - $10,758.00 New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable. # of Positions: 1 Work Location: Telework: Hybrid Job Type: Permanent, Full Time Department Information CalSTRS: Securing the financial future and sustaining the trust of California’s educators CalSTRS is the largest educator-only pension fund in the world, providing retirement, disability and survivor benefits to California's more than 1 million public school educators and their families. Named as one of the best places to work in money management ten times by Pensions & Investments magazine, we are a world-class financial services institution with a commitment to sustainability and wellness. Our two U.S. Green Building LEED Platinum-certified headquarters buildings in West Sacramento, California, feature sustainable construction, abundant natural lighting, an organic garden, sustainable beekeeping and ergonomic functionally designed workspaces. We offer a variety of on-site amenities to our team members, including two full-service cafés, two free fitness centers, a bicycle rental library and a child care center with a covered playground. Team members enjoy walks along the Sacramento River and nearby seasonal farmers markets. In addition to our state-of-the-art amenities, we offer thriving wellness and sustainability programs, an award-winning employee recognition program, and ongoing training, learning and development opportunities. We offer competitive benefits, flexible work hours and hybrid work options. We are committed to creating a workplace where our team members thrive. If you’re looking for a rewarding career and are interested in becoming part of a diverse and inclusive workforce where talent, expertise and wellness are valued, we encourage you to find out more about our many career options at CalSTRS.com/Careers . Special Requirements Statement of Qualifications Interested individuals must submit a Statement of Qualifications (SOQ) in addition to the standard state application (form STD 678). Your SOQ will be considered the first interview for this position. If your qualifications are competitive, you will be invited to an interview. When completing the SOQ, please include all relevant experience, education, and training, as applicable, and explain all answers thoroughly. Your SOQ should not exceed two pages, single-spaced, 12-point font and address the following questions: Please describe how your education, experience, and background have prepared you to perform the job duties of this position. Describe an experience you had working in a fast-paced operational accounting environment with time-sensitive projects. Provide details on how you managed changing processes and priorities. Describe a situation in which you made a decision that impacted your work and/or the work of others. What were the alternatives that you considered and what did you decide? Who was affected by your decision? What was the outcome of your decision? Exam This position requires a current Financial Accountant II examination. If you need to take the examination or if your score has expired, Background Investigation Prior to employment with CalSTRS, a background investigation (BI) will be conducted. The BI consists of a Personal History Statement and fingerprinting through the Department of Justice. The BI will check criminal and civil records and, if applicable, verify education and check driving records. CalSTRS Disclosure Requirements This position may be subject to disclosure and disqualification requirements concerning economic conflict of interest in government work, including the Conflict of Interest Code that applies to CalSTRS team members and the Political Reform Act , which require disclosure of certain investment information and use of a designated trading platform for securities transactions, as well as filing a Statement of Economic Interest (Form 700). Incompatible Activities This position is subject to the provisions of Government Code Section 19990. Upon accepting a position at CalSTRS, you will also be required to comply with the CalSTRS Incompatible Activities Policy by ensuring that outside work or activities are compatible and align with your professional activities or workplace obligations. Equal Opportunity Employer The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation. It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants. #J-18808-Ljbffr