CFO

CBIZ Talent Solutions is proud to assist San Antonio Fire & Police Pension Fund (SAFPPF) in finding their next Chief Financial Officer (CFO). SAFPPF is a single employer defined benefit pension plan covering all firefighters and police officers employed full-time by the City of San Antonio and provides for service, disability, and death benefits for eligible members and their survivors.

The CFO reports to the Executive Director and is the Fund’s senior financial executive. As a strategic advisor to the CEO and a trusted resource to the Board, the CFO is responsible for the overall development, leadership, and maintenance of the Fund’s financial and accounting functions. The CFO ensures robust internal controls, accurate and timely financial and tax reporting, sound budgeting and forecasting, effective investment accounting and reconciliation, and strong collaboration across departments and with external partners (auditors, actuaries, custodial bank, investment advisors, and the City).

The CFO is responsible for providing clear, decision-useful financial information and analysis, leading the finance and accounting functions, processing accounts payable/receivable, managing the general ledger, financial reporting, compliance, and budget.

The Organization

The Fire and Police Pension Fund, San Antonio (the Fund), is dedicated to providing secure, comprehensive retirement, disability, and survivor benefits to the City of San Antonio’s firefighters, police officers, retirees, and their beneficiaries. Governed by a nine-member Board of Trustees, the Fund is committed to safeguarding assets, delivering accurate and timely benefits, and upholding the highest standards of fiduciary responsibility and transparency.

The Opportunity

The Chief Financial Officer (CFO) is the Fund’s senior financial executive, responsible for the overall development, leadership, and maintenance of the Fund’s financial and accounting functions. The CFO ensures robust internal controls, accurate and timely financial and tax reporting, sound budgeting and forecasting, effective investment accounting and reconciliation, and strong collaboration across departments and with external partners (auditors, actuaries, custodial bank, investment advisors, and the City).

The CFO serves as a strategic advisor to the Executive Director and a trusted resource to the Board of Trustees, providing clear, decision-useful financial information and analysis. The role leads the finance function and processes supporting accounts payable/receivable, general ledger, financial reporting, compliance, and budget.

Key Responsibilities

Financial Leadership & Strategy

• Serve as a member of the senior leadership team, contributing to organizational strategy and financial stewardship.
• Translate financial results into insights for leadership and the Board.
• Recommend policies and process improvements to strengthen controls, reporting, and operational efficiency.
• Build strong working relationships with Trustees, leadership, staff, employers, City partners, and external vendors

Accounting Operations & Controls

• Oversee end-to-end accounting operations, ensuring accuracy, completeness, and timeliness of:
  • Accounts payable and accounts receivable processing, including vendor authorization, check runs, and collections.
  • Invoicing and collections for employee receivables and reimbursements for expenses paid on behalf of contractors or trustees.
  • General ledger and subsidiary ledgers for A/R, A/P, cash receipts/disbursements.
• Integrate subledgers and feeds from:
  • Custodial bank investment accounting
  • Benefits department payroll registers
  • Internal subsidiary system 3
  • Manage the monthly close process, including adjusting journal entries and reconciliations
  • Maintain and monitor schedules including depreciation, compensated absences, and direct backdrop schedules
  • Design, implement, document, and periodically update a system of internal accounting controls to safeguard assets and ensure compliance with GAAP, GASB, and Government Auditing Standards

Financial Reporting

• Prepare monthly financial statements and Board materials, including:
  • Statement of Net Plan Assets
  • Statement of Increases and Decreases in Net Plan Assets
  • Schedule of Investment Income by Allocation
  • Budget-to-Actual Comparison
  • Statement of Cash Receipts and Disbursements for the custodial bank account
• Prepare the main body of the annual financial statements, footnotes, supplemental schedules and Management’s Discussion & Analysis (MD&A)
• Ensure quality, clarity and timeliness of interim and annual reporting

Budgeting & Forecasting

• Lead the annual budget process:
  • Develop a preliminary budget for committee discussion and approval
  • Prepare final budget for Board approval
• Produce monthly budget comparison reports with variance analysis for Board meetings
• Monitor, forecast, and communicate financial performance and resource needs.

Audit, Actuarial, and Compliance Coordination

• Coordinate annual external financial audits: prepare schedules, respond to questionnaires, and support auditors in obtaining information.
• Prepare schedules and respond to actuaries’ data requests to support valuations and related reports.
• Oversee compliance with governmental accounting and reporting standards and relevant laws and regulations (federal, state, and local).

Investment Accounting & Custody

• Oversee accounting and reconciliation of the investment portfolio between the Fund’s records, the custodial bank, investment managers/advisors, and other service providers.
• Ensure appropriate valuation, allocation, and reporting of investment income and fees.

Tax & Payroll Reporting Oversight

• Work through the Benefits/Payroll function to ensure accurate and timely preparation and filing of:
  • Payroll reports, W-2’s for employees, and 1099-R’s for retirees
  • IRS Form 945
  • 1099-MISC for vendors, as applicable
• Maintain appropriate documentation and controls for all tax filings

To learn more about the Responsibilities and Qualifications please view the position specifications HERE

To apply, please send your resume to Tamara at tamara.wesely@cbiz.com