Assistant Director of Receivables, Billings, & Contributions

Job Description and Duties

The CalSTRS Accounting Division is seeking a motivated individual to work as a Financial Accountant IV in the Receivables, Billings, & Contributions 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.

Under the general direction of the Director of Accounting, the Assistant Director of Receivables, Billing, and Contributions (ADRBC) provides leadership and strategic oversight of four key accounting functions critical to supporting the California State Teacher’s Retirement System (CalSTRS) organization: 1) Accounts Receivables, 2) Service Credit Purchase & Billings, 3) Refunds and 4) Contributions.

The ADRBC leads and directs efforts to establish and implement CalSTRS’ accounting policy. This includes identifying and researching factors influencing policies, financial reporting standards for pension contributions in compliance with Generally Accepted Accounting Principles (GAAP), error and fraud controls, contribution revenues (approximately $14 billion annually), receivables and collections and pension reserve accounts. The incumbent is responsible to direct the formulation and implementation of policies related to evolving accounting standards, operational practices, and regulatory changes.

The ADRBC works collaboratively with senior leadership across CalSTRS to implement policies and other changes, particularly those related to fiscal reporting and disclosures for actuarial value of the retirement contributions, as well as policies related to controls designed to prevent errors in contribution collections. In addition, the ADRBC provides input to cash flow projections to ensure funds are available for payments. This role also involves evaluating and communicating the impact of changes in accounting standards to Accounting Director, Chief Financial Officer, and Executive management team, and advising on CalSTRS’ position in response to regulatory or legislative developments.

The ideal candidate will possess the following skills :

• Progressive experience in financial accounting and reporting and/or oversight of internal and external accounting control functions.
• Knowledge of accounting principles and procedures.
• Ability to communicate effectively, both orally and in writing, with all levels of staff and management, other CalSTRS employees, our members, and their beneficiaries.
• Strong project management experience or proven ability to lead, monitor and measure the completion of multiple projects.
• Valid Certified Public Accountant (CPA) license.
• Ability to prepare and present technical information in a format suitable for management/board reporting.
• Ability to analyze complex problems, draw sound conclusions, and make clear and concise recommendations.
• Excellent analytical and critical thinking skills.

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.

Does this opportunity seem right for you? If so, see the Application Instructions section below and apply now.

You will find additional information about the job in the .

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.

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:

1. Describe your experience in demonstrating your ability to analyze complex problems and recommend effective courses of action. Please use specific examples.
   
2. This job requires data analysis, interpretation, and application of data to estimate the impact of various policies and program changes. What in your experience prepares you for this type of work?
   

Exam

This position requires a current Financial Accountant IV  examination . If you need to take the examination or if your score has expired, click here to gain list eligibility.

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.

Benefits

CalSTRS offers a competitive pay schedule and a work-life-balance for all its employees. The State of California provides comprehensive benefits packages determined by the employee’s bargaining unit and conditions of employment. Some benefits include:

• Alternative work schedules
• Flexible work hours
• Remote work options
• Medical benefits, including health, dental and vision insurance
• Paid holidays and a defined benefit retirement program
• More than four weeks of vacation/sick leave for leaders
• More than three weeks of vacation/sick leave for staff
• Health insurance in retirement
• Employee Assistance Program
• Loan forgiveness under the federal 

For the latest information on the benefits offered by the state of California, explore the Health Benefits Summary provided by CalHR .

ADDITIONAL APPLICATION INSTRUCTIONS

• Electronic applications through your CalCareer account are highly recommended.  If you are unable to apply electronically through your CalCareer account, please mail or drop off a hard copy of your application packet. Please provide the following information on your application: 815-280-4194-001, RPA: 1173, JC-532391.
• If education is being used to meet the minimum qualifications, please submit a copy of your transcripts/degree.
• Training and Development (T&D) assignments may be considered for this position. If you are applying as a T&D, please indicate this in the eligibility section of your application.
  
• Candidate may be selected by application packet review only.
• Multiple positions may be filled from this recruitment.
• Submission of an incomplete STD 678 may result in disqualification. 

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is required and must be included.
• Statement of Qualifications - A Statement of Qualifications is required. Please see the Special Requirements section of the job posting for detailed instructions.