Investment Accountant III


Who we are

At the Texas County & District Retirement System (TCDRS), we help provide more than 305,000 Texans with retirement, disability and survivor benefits. TCDRS is one of the best-funded retirement systems in the nation with more than $33 billion of assets under management. Although we provide retirement benefits or “pensions” to hard-working Texans, our unique features distinguish us from traditional pension plans and keep us financially strong.

How we’re different

  • We are savings based: Members save for their own retirement over the length of their careers. The TCDRS benefit is based on the total final savings balance and employer matching. 

  • We are responsibly funded: Our employers pay 100% of their required contribution rate each year. This ensures that funds are there when needed. 

  • We offer flexibility and local control: TCDRS is not a one-size-fits-all system. TCDRS employers can choose benefit levels to meet their needs and budgets.

What we need

The Investment Accountant III will work on the investment operations team (with the Chief Investment Accountant) to oversee the investment accounting function with primary emphasis on assigned asset classes that include traditional and alternative investments.  

What you’ll do

  • Complete and review monthly general ledger entries from supporting custodian reports for internal and external portfolios

  • Review periodic financial documents for private equity and other alternative asset classes to determine appropriate NAV adjustments

  • Help prepare audit and our Comprehensive Annual Financial Report (CAFR) schedules and interact with external auditors

  • Reconcile accounting spreadsheets to Private i database, including FX variances

  • Verify external manager/custodian fees

  • Maintain and archive investment accounting files with adherence to company document retention program

  • Perform other work-related duties as assigned

What you should have

  • Bachelor’s degree from an accredited college or university with major course work in accounting/finance or related field 

  • Working knowledge of private equity and hedge fund accounting

  • Ability to find essential information in audited financial statements for TCDRS audit purposes

  • Extensive knowledge of Microsoft Excel, including ability to develop applications

  • Working knowledge of Microsoft Word

  • Strong mathematical and personal computer skills

  • Effective verbal, written, analytical and organizational skills

  • Ability to plan, organize and prioritize high volumes of work within stringent deadlines with a high degree of accuracy

  • CPA, experience using Bloomberg Financial Systems and Private i is preferred

  • Public pension plan experience including CAFR production is desirable

What TCDRS values

TCDRS takes pride in our shared values of integrity, care and anticipation.

  • Integrity means we get satisfaction from doing the right thing. We understand how important the retirement system is to our employers and members. We are responsible and accountable as stewards of our customers’ financial futures.

  • Care means that we educate and empathize with our members as they provide and plan for one of the biggest decisions in a person’s life: retirement. We work to build strong partnerships with our employers, investment managers and stakeholders; and we take care of each other.

  • Anticipation means we don’t just look at what we can do for our members and employers right now — we also think about what we can do for them in the future. Looking ahead requires a critical eye, a curious mind and a willingness to explore creative solutions.

What you’ll get

TCDRS offers a competitive salary and excellent benefits with a dynamic and rewarding work environment in Austin, Texas, overlooking Zilker Park. This is not just a job, but a chance to help thousands of Texans plan for the future. 

What to do next

If this sounds like you, submit your resume to InvJobs@tcdrs.org. Please refer to the job title in the subject line of your email.