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Payment Analyst

NYC Department of Finance
Manhattan, NY Full Time
POSTED ON 5/18/2024 CLOSED ON 6/8/2024

What are the responsibilities and job description for the Payment Analyst position at NYC Department of Finance?

Important Note

CANDIDATES WITH A PERMANENT ACCOUNTANT OR COMPARABLE CIVIL SERVICE TITLE WITH SIMILAR DUTIES/RESPONSIBILITES ARE ENCOURAGED TO APPLY. PLEASE INCLUDE YOUR EMPLOYEE IDENTIFICATION NUMBER (EIN) WHEN APPLYING AND INDICATE IN YOUR COVER LETTER YOUR PERMANENT CIVIL SERVICE TITLE.

The NYC Department of Finance (DOF) is responsible for administering the tax revenue laws of the city fairly, efficiently, and transparently to instill public confidence and encourage compliance while providing exceptional customer service.

The Administration and Planning Division is responsible for the management and oversight of administrative and operational services for the agency. This includes the daily management of the Office of Financial Management, the Office of Purchasing and Contracts, the Office of Operational Services, and the Office of Diversity and Inclusion.

The Office of Financial Management is responsible for monitoring and controlling the agency’s finances. This includes the development and management of annual expense and capital budgets, accounts payable, travel requests, and other payments. The division also includes the Assigned Counsel Plan (ACP) Payments Unit, which is responsible for processing payment vouchers for 18-b attorneys and experts.

The Office of Financial Management is seeking an experienced, well-organized and detail-oriented Accountant who will report to the Fiscal Services Supervisor. With exemplary professionalism and customer service, the selected candidate will perform various financial and accounting functions in compliance with Comptroller Directives, City, and Agency policies and guidelines.

Duties will include but are not limited to the following:

  • Review and process payments to assigned accounts including expense and revenue payments.
  • Ensure invoices are paid promptly and in adherence to Comptroller directives, City policies and Contract Terms and Conditions.
  • Perform monthly and year-end accounting closing procedures in accordance with NYC Directives.
  • Review and apply the appropriate FMS approvals (L3/5) to payment vouchers.
  • Communicate, coordinate and resolve payment issues with vendors, DOF divisions and other stakeholders.
  • Prepare journal vouchers and other technical accounting documents as needed in FMS.
  • Responsible for Agency Out of Town Travel and FMS Security Officer.
  • Perform other duties and projects as assigned.

Minimum Qualifications

  • 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
  • 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

  • High proficiency in Microsoft Excel, Word and Outlook. - High proficiency in processing vouchers in FMS. - Familiarity with Comptroller Directives and other City governance related to accounts payable and Imprest Fund guidelines. - Familiarity with the City new procurement system PassPort, invoice processing, browse contract. - Proficient knowledge of accounts payable functions in the City Financial Management System (FMS). - Strong organization and communication skills.

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.

, $61,206.00 – $73,087.00

Salary : $61,206 - $73,087

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