The Thrift Savings Plan (TSP) is widely considered to be one of the best retirement plans in the world and a model for defined contribution plans. We are seeking a champion for its continual improvement.
The FRTIB is an Independent Federal Agency responsible for administering the Thrift Savings Plan (TSP). We help Federal employees and members of the Uniformed Services retire with dignity by providing benefits similar to private sector 401(k) plans. The Thrift Savings Plan (TSP) is widely considered to be one of the best retirement plans in the world and a model for defined contribution plans.
Mission - Our Core Purpose
Administer the TSP solely in the interest of the participants and beneficiaries
Core Values - What We Stand For
The FRTIB is looking for a highly qualified and motivated individual to serve asan Accountant performing a wide range of accounting duties, and utilizes expert professional knowledge and mastery of accounting principles and procedures to carry out complex assignments including the day-to-day oversight, operation, and control of a broad range of accounting and financial management activities, and the review and control of internal accounting systems.
The major duties of the position are:
· Review and approve reconciliation of activities that affect the investment funds: loan payments, loan disbursements, withdrawals, contributions, inter-fund transfers, breakage adjustments, and miscellaneous adjustments.
· Review and approve reconciliation of NSF checks, Federal Reserve Deposits, lockbox deposits, non 224 agency deposits, treasury debits, and treasury credits.
· Review and approve reconciliation of databases with variety of applications.
· Review and approve reissued payments of funds returned through Treasury and system rejected payments.