The Concord Retirement Board seeks an Executive Director with a minimum of three to five years’ experience directing a Massachusetts retirement system. Thorough knowledge of Massachusetts Chapter 32 and PERAC regulations, as well as familiarity with Pension Technology Group (PTG) is preferred. The Interim position will fulfill all requirements for the daily administration and operation of the retirement system. Terms of employment and salary to be negotiated. Position is available immediately, and applications will be accepted until the position is filled. Cover letter and resume should be sent to jobs@concordma.gov. Applications received by September 18th will receive first consideration. TOWN OF CONCORD -RETIREMENT BOARD EXECUTIVE DIRECTOR JOB SUMMARY The Executive Director will have experience executing the required provisions of Massachusetts General Law Chapter 32 plan rules and the public defined pension industry as well as familiarity with implementing Board Policies and Procedures. The individual must possess the necessary interpersonal skills to effectively communicate with members, retirees, Board Members, Asset Managers, Attorneys, Actuaries, media outlets and the public in a positive and professional manner. The individual must also possess strong mathematical skills, strong Information Technology skills, and a solid understanding of the Massachusetts Open Meeting Law, and Chapter 30B as it relates to procurement. JOB RESPONSIBILITIES Interactions with the Board and Meetings: Work under the direction and report to the Concord Retirement Board (CRB) to implement and manage the daily operation of the Retirement System according to MGL Chapter 32, PERAC regulations and Board policies. Prepare the monthly retirement and administrative warrant(s): payroll, expenses, transfers, refunds/rollovers and 3(8)(c) billing for Board review. Manage all aspects of the monthly Board Meetings: coordinate guests; timely posting of Notice and Agenda; provision and distribution of all meeting documents; record, post and create Minutes for each meeting; ensure proper recording of Board votes; ensure meetings follow the Open Meeting Law and PERAC regulations; ensure Board receives PERAC and other related agency communications. Primary Financial/Accounting Duties: submit monthly cashbooks to PERAC via PROSPER such as trial balance, general ledger, receipts, disbursements, adjustments to journal entries, pooled funds; prepare and submit Annual Statement of system’s financial condition to PERAC; supervise the accuracy of all 3(8)(c ) letters (payables and receivables) from other systems; ensure accuracy of payroll federal tax withholdings, health insurance and life insurance; prepare 1099R forms; oversee all financial reporting required for secondary matters such as dependent allowance calculations, workers’ comp offsets, accidental disability, survivor benefits; prepare and monitor the CRB annual budget; coordinate with Town Treasurer to ensure that the System’s accounts are reconciled and balanced on a monthly basis; submit timesheets to Town Payroll Office; monitor receipt of appropriations from the Town; notify each member unit of their annual appropriation; review annual COLA recommendations and provide appropriation notices to member units. Members and Retirees: provide information on how the retirement system operates and how to access information; counsel and inform members, inactive members and retirees of their benefits; provide retirement estimates and prepare final calculations; calculate refunds with proper interest; oversee and post active members contributions into their Annuity Saving Fund; monitor terminated membership accounts for compliance pursuant to Chapter 32. Communications and Records: act as liaison between the Board and actuaries, auditors, consultants, attorneys and regulatory agencies; serve as the Public Records Officer and maintain official records and documents; maintain confidentiality and integrity of all reports and communications; liaise with attorneys on procurement matters, domestic relations DRO’s, applications for disability retirement and other legal matters; be conversant on the CMR Code of MA Regulations, Chapter 176 of the Acts of 2011, Chapter 30B (procurement) and other regulatory statutes; represent the Board to media and at seminars and conferences; develop an independent website for the Concord Retirement Board; oversee the RFP process for legal and actuary services and assist CRB investment consultant with RFP’s in financial services. Administration: advise Board on staffing requirements; provide orientation to new staff members and ongoing training and supervision; perform performance appraisals; evaluate software applications and vendors; ensure security of IT systems and maintain backup and data recovery systems; oversee all Board elections; oversee physical requirements of operating an independent office. Other duties and projects as assigned. QUALIFICATIONS -a bachelor’s degree in finance or a related field is preferred. -a minimum of three to five years’ experience administering a Massachusetts public retirement system. -significant experience with MGL Chapter 32 and related statutes as well as PERAC regulations. -strong math, accounting, and analytical skills. -strong organization skills and attention to detail. -ability to research and analyze diverse data and complex issues. -excellent communication and interpersonal skills. -advanced understanding of computers, including financial and regulatory accounting software. -advanced skills in Microsoft Office (Excel and Word); Outlook; ability to troubleshoot software challenges. SALARY and BENEFITS The Concord Retirement Board Offers a competitive benefits package for this full-time position. Salary is commensurate with experience. To apply for this position, please send a cover letter and resume to jobs@concordma.gov