Investment Operations Financial Accounting Analyst

Teacher Retirement System of Texas - Investment Management Division
Austin, Texas (US)
Depends on Qualifications
08 Nov 2022
08 Dec 2022
Job Function
Industry Sector
Asset Management
Employment Type
Full Time



With the Investment Management Division (IMD) you will be joining a diverse group of achievers who celebrate the unique value individuals bring to support our shared cause: earning trust and contributing to the financial future of 1.9 million public education employees and retirees throughout Texas.


Navigating the current market environment takes innovation and we’re passionate about stewarding the right investments to make an impact both in the lives of our members and all Texans. We invite you to partner with the best financial minds in the business to manage a global portfolio of over $190 billion in public and private investments. Our success starts with you.


The Investment Operations Financial Accounting Analyst performs investment related financial and accounting work.  The incumbent will compile, review, reconcile, and analyze financial and accounting data; prepare reports and respond to inquiries, recommend action to resolve discrepancies, record journal entries, and review, assess, develop, and document business processes.  This position will proactively work with the Budget & Accounting team, Investment Operations team, IMD staff, and agency employees. 


Compensation: The TRS Investment Management Division offers an attractive compensation package consisting of base salary, annual performance incentive bonus, a defined-benefit pension plan as well as 401(k) and 457 retirement plans, and comprehensive benefits.  Starting salary is commensurate with experience.



Financial Accounting and Analysis


  • Performs routine journal entries.
  • Compiles, reviews, and analyzes financial data related to investments, commission credit revenue and expense, and IMD business operations.  Makes recommendations to management to resolve issues identified through the analysis of financial data.
  • Reconciles commission credit expenditures paid by State Street with TRS accounting system (CAPPS).
  • Reviews, assesses, develops, documents, updates and maintains operational documentation, policies, and procedures.
  • Reviews billed Management and Performance fees and initiates payments.




  • Prepares and analyzes investment reporting for Management.
  • Prepares reports on Research and Legal fees.
  • Provides investment holdings reporting for Public Information Act requests.  Prepares quarterly Public holdings reports.
  • Compiles budget to actual reporting for the Investment Management Division.
  • Assists in developing annual budget plan.
  • Prepares and reviews expenditure reporting.
  • Assists in Management and Performance fee reporting.


  • Performs related work as assigned





Minimum Required Qualifications




  • Bachelor’s degree in accounting or business from an accredited four-year college or university.
  • Experience and education may be substituted for one another.




  • Three (3) years of full-time professional experience in financial analysis and review, travel administration, or related field.  


Registration, Certification, or Licensure:








  • One (1) year of full-time professional investments experience or other experience involving a high degree of skill in data analysis and evaluation, such as accounting, financial analysis, or statistics.
  • Experience with financial software, database and report writing technology (Concur, PeopleSoft).
  • Basic understanding of capital markets, investment securities (equities, bonds, and derivatives), and/or private markets (real estate or private equity).
  • Basic understanding of investment performance measurement.


Knowledge, Skills and Abilities


Knowledge of:


  • Investment concepts and terminology.


Skill in:


  • Performing financial analysis
  • Verifying and auditing financial data
  • Using a computer in a Windows environment with MS Office word processing, spreadsheet (including advanced Excel functions and macros), and database systems
  • Conducting data searches and evaluations of large amounts of information, preparing concise and accurate reports
  • Communicating complex technical information, verbally and in writing, including presenting analysis
  • Organizing and coordinating work assignments to effectively meet frequent and/or multiple deadlines, in handling multiple tasks simultaneously, and in managing conflicting priorities and demands


Ability to:


  • Establish and maintain harmonious working relationships with co-workers, agency staff, and external contacts
  • Thrive in an environment driven by change and improvement, and adapt effectively to changing requirements
  • Work effectively in a professional team environment





  • You need to sign in to save