• Accountant - Accounting Standards and Risk…

    City of New York (New York, NY)


    Job Description

    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 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 with respect to pollution remediation, landfill, leases and other related reporting items;

     

    - 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;

     

    - Monitor, track and maintain Comptroller's Directives and prepare Directive waiver authorizations for review and approval; and,

     

    -Perform other related duties as may be required.

    ACCOUNTANT - 40510

    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.

     

    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.

     

    Salary Min: $ 70,000.00

     

    Salary Max: $ 77,000.00