Junior Accountant, Accounts Payable - New York, United States - New York City Economic Development Corporation

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:

Jr Accountant (Accounts Payable) will support the AP management team in the daily operations of the Accounting department and participate in the monthly, quarterly, and yearly financial closings.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Review invoices and vouchers to ensure satisfactory approval
• Contact employees for proper back-up documentation for payments, clarifying questionable invoice items, prices or obtaining approval signatures
• Ensure expenses are accurately charged to appropriate cost centers and GL accounts
• Work directly with Budget and other departments to address and resolve any classification/allocation discrepancies identified with payment vouchers
• Prepare AP payments and execute check runs
• Conduct month-end AP close
• Analyze and reconcile the accounts payable account on a monthly basis
• Assist in the monthly/quarterly financial closings by reconciling and preparing journal entries for accruals and reversals, intercompany transactions, and management fees
• Conduct quarterly analysis of expense, asset and liability accounts, identifying and adjusting/correcting discrepancies as needed
• Provide support for the year-end accrual process
• Conduct through reviews and processing of 1099
• Take ownership of vendor relationships and internal business partners
• Respond to inquiries regarding payment voucher status
• Other duties and projects as assigned

MINIMUM QUALIFICATIONS:

• 1-2 years of Accounting experience
• Proficient in Microsoft Office Suite
• Demonstrate knowledge and proficiency in Accounting/Finance principles
• Detail-orientated with strong quantitative and analytical skills
• Effective communication skills both written and verbal
• Ability to manage competing priorities in a fast-paced environment
• Excellent customer service skills and work ethic
• Must be a New York City resident within 180 days of hire

Salary Range

$62,400-$64,400 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