Sr. Accounts Receivable Specialist

The CalSTRS Accounting Division is seeking a motivated individual to work as an Accounting Administrator I (Specialist) in the Accounts Receivable 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 Accounts Receivable Unit monitors and collects overpaid member accounts, excess earnings, employer retirement incentives and administrative receivables. The Unit also reviews the delinquency report and analyzes collectability of accounts. They prepare written correspondence and collection letters, journal and accrual entries, and perform monthly reconciliations between sub ledger and general ledger accounts.
 

Under the direction of a Financial Accountant II, the Accounting Administrator I (Specialist) (AA I) acts as a lead responsible for administration of administrative accounts receivable (Admin Ars) as well as all AR General Ledger (GL) transactions, postings, accruals, reconciliations, analysis of complex accounts, and communication with senior leadership throughout the organization on issues concerning ARs. The AA I is also responsible for high-level analysis and action for pension receivables; as well as non-recurring project activities assigned to the AR unit that includes designing, executing, testing, developing procedures, and maintaining the system related to Receivables function.

The ideal candidate will possess the following skills: 

• Knowledge of accounting principles and procedures
• Knowledge of system development/testing concept
• Demonstrated leadership skills
• Ability to approach process development positively and with an open mind
• Ability to adjust positively to changes in fast-paced environment
• Quick and efficient at utilizing automated systems

Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position.