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New York City

    Senior Accountant - New York, United States - New York City Economic Development Corporation

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    Job Description

    Job Description

    Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City's diverse people and businesses.

    Our Mission: Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.

    Position Overview: Reporting to the Cash Manager, the Senior Accountant is responsible for daily cash operations and accurate and timely accounting for cash, investments, and loans for NYCEDC and affiliated entities. The Senior Accountant prepares and enters journal entries and prepares supporting schedules as needed. The Senior Accountant interacts with colleagues within the organization to understand transactions and ensure they are timely and accurately recorded. The Senior Accountant builds strong work relationships with colleagues to facilitate the transfer of information and documentation needed for financial reporting and audit through collaboration and customer service in order to respond to inquiries from both internal and external stakeholders.

    Essential Duties & Responsibilities:

    • Prepare daily, weekly, monthly, and quarterly cash and investment reports and bank analyses to management.
    • Maintain comprehensive workpaper package and prepare journal entries and account and bank reconciliations for cash, investments, and loans and effectively address any discrepancies.
    • Monitor KPIs and forecast for cash, investments, and loans for management review.
    • Manage loans process including monthly billing, application of cash receipts, and preparing bad debt schedules.
    • Maintain loan portfolios in LoanPro including entering new loans in accordance with executed agreements and preparing loan schedules.
    • Act as a back up to analyze and perform daily application of cash receipts into the accounting general ledger systems, as necessary.
    • Respond to inquiries timely, both internal and external, and resolve issues regarding cash receipts and applications.
    • Assist with requests from internal and external auditors as necessary.
    • Other duties as assigned

    Requirements:

    • Bachelor's degree in Accounting
    • 3 years of experience in Accounting
    • Proficient in Microsoft Office Suite applications (Word, Excel, Outlook, PowerPoint)
    • Experience with Microsoft Great Plains, MRI, LoanPro, and Bloomberg is a plus
    • Strong foundational knowledge of US GAAP to ensure cash, investments, and loans are fairly recorded and presented
    • Self-starter with proven analytical and problem solving skills
    • Demonstrated communication skills; communicating clearly, concisely, and professionally with internal and external stakeholders
    • Maintains the highest level of professionalism by upholding ethical standards and confidentiality consistent with the role
    • Must be a New York City resident within 180 days of hire
    Salary Range$80,000—$82,000 USD

    About Us: New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city's future economy.

    NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance. We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:

    • Generous employer subsidized health insurance
    • Medical, dental, and pharmacy plans
    • Vision and hearing benefits
    • Flexible spending accounts for healthcare and dependent care
    • Short term and long-term disability coverage
    • 100% employer covered life insurance and supplemental life insurance coverage
    • Up to 25 vacation days
    • Floating Holidays and Summer Fridays
    • Parental leave - up to 20 paid weeks
    • Retirement savings programs
      • Company-paid 401(a) defined contribution plan
      • 457(b) tax-advantaged retirement savings plan
    • Tuition Reimbursement program
    • Continuing education and professional development
    • Public Service Loan Forgiveness (PSLF) eligible employer
    • College savings plan
    • Backup childcare
    • Gym membership discounts
    • A membership for mindfulness and mental health support
    • Employee discounts through Plum Benefits, Student Loan Servicing tools, and much more

    Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization.

    The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents.

    For more information, visit our website at


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