Job Description

* OFFICE OF THE COMPTROLLER
Posted On: 11/27/2024* Full-Time
LocationMANHATTAN
* Exam May Be Required
Department
Accounting Compliance
Salary Range:$80,000.00 – $90,000.00Job Description
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NOTE: This position is open only to current employees of the City of New York serving in a permanent civil service title of either Accountant, Staff Analyst, or Management Auditor.
  

  

To be considered for the position, please clearly mention your permanent civil service title on the resume and cover letter.  

  

The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller’s office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together.  

  

The Bureau of Accountancy is responsible for the preparation and fair presentation of the City’s accounting and financial statements. It is also responsible for preparing the Annual Comprehensive Financial Report (ACFR), which provides transparency into the City of New York’s financial health and integrity. In addition to promoting fiscal stability through the production of the ACFR, the Bureau of Accountancy ensures that the City’s vendor database is accurate and up to date to allow for efficiency in the processing of payments for businesses and individuals who are in contract with the City, as well as claims, workers’ compensation, labor law, line of duty, certificate of residency and all vendor payments in general. These efforts gain the public’s trust and allow for continued assessment into the City’s financial transactions to identity opportunities for improvement and engage with City agencies to ensure results.  

  

This role reports directly to the Director of Accounting Standards and Risk Management within the Bureau of Accountancy. This Accounting Analyst role will be heavily involved in understanding the City’s Financial Management System (FMS) and related accounting entries to facilitate implementation of various accounting standards promulgated by the governmental accounting standards board.  

  

Responsibilities include, but are not limited to, the following:
  

  

* Prepare and coordinate with various City agencies to retrieve data for the reporting of assets, liabilities and expenses within the Annual Comprehensive Financial Report;
* Assist with Bureau risk assessment and testing of controls as designed by Director of Accounting Standards.
* Process journal entries related to the data elements received from various City agencies;
* Prepare associated financial note disclosures in accordance with template data received from City agencies with respect to pollution remediation, landfill, leases and other related data;
* Periodically review applications received by firms for inclusions on the Comptroller’s Prequalified list of CPA firms; and,
* Perform other related duties as may be required.

  

Minimum Requirements/Qualifications: This position is open only to current employees of the City of New York serving in a permanent civil service title of either Accountant, Staff Analyst, or Management Auditor. To be considered for the position, please clearly mention your permanent civil service title on the resume and cover letter. Minimum Qualifications

  

1. A baccalaureate degree from an accredited college or university, accredited by regional, national, professional or specialized agencies recognized as accrediting bodies by the U.S. Secretary of Education and by the Council for Higher Education Accreditation (CHEA), including or supplemented by 24 semester credits in accounting, including one course each in advanced accounting and auditing; or
  

2. A valid New York State Certified Public Accountant license.
  

To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one year of experience as an Accountant - Assignment Level I or at least two years of satisfactory full-time professional accounting or auditing experience.

 Preferred Skills

  

- In-depth research skills - Microsoft Suite Excel (intermediate to advance) - Accounting understanding - GASB understanding/knowledge - Strong communications (verbal and writing)  

55a Program

  

This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.  

Public Service Loan Forgiveness

  

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.  

Residency Requirement

  

New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.  

Additional Information

  

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.


Job ID690275
Title code
40510
Civil service title
ACCOUNTANT
Title classification
Competitive-1
Business title
Sr. Accounting Analyst - Accounting Standards And Risk Management
Posted until
02/24/2025
* Experience Level: Experienced (Non-Manager)
Job level
02
Number of positions
1
Work location
1 Centre St., N.Y.
* Category: Finance, Accounting, & Procurement
Sr. Accounting Analyst - Accounting Standards and Risk Management