Assistant Executive Director

The Stoneham Retirement Board is seeking an individual to administer the daily operation of the Stoneham Contributory Retirement System under the supervision of the Stoneham Retirement Board and Executive Director.

Qualifications

Interested individuals must have at least three years of working in a Massachusetts public retirement system or for a municipality (five or more years is preferable). A bachelor’s degree in finance, business management, or accounting is required. Work experience in a municipality or public retirement system may be substituted for the degree requirement. Payroll experience and knowledge of M.G.L. Chapter 32 and PERAC Regulations 840 CMR is desired.

Key Job Duties (Full Description on town of Stoneham Website):

Implement the provisions of M.G.L. Chapter 32, PERAC 840 CMR, and the Stoneham Retirement Board’s supplemental regulations and policies relating to retirement benefits.

• Prepare and process the monthly retiree/survivor payroll allowances. Print checks, direct deposit notices, and other reports for COLA increases, health insurance premiums, and federal taxes.
• Record all benefit recipients change of address, direct deposit, and federal tax forms in PTG software
• Prepare and process the monthly accounts payable/expense voucher. Process or prepare payments to the town/IRS and all Board vendors.
• Maintain and prepare M.G.L Chapter 32, Section 3(8)c reimbursements to and from other Massachusetts retirements systems
• Process all refund applications including payments to members or rollovers
• Process all transfer-in’s and transfer-outs’ to other MA retirement systems
• Enroll eligible new members into the Retirement System and inform new members of their benefits according to the Board’s supplemental regulations and M.G.L. Chapter 32

Starting Salary $68,000-$75,000

Interested applicants should submit a cover letter and resume to Christopher Delisi, at cdelisi@stoneham-ma.gov