ADMINISTRATIVE RETIREMENT BENEFITS SPECIALIST
ADMINISTRATIVE RETIREMENT BENEFITS SPECIALIST
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1 Vacancy
Job Description
The New York City Employees Retirement System (NYCERS) was founded by the New York State Legislature in 1920 with 13331 members. Today NYCERS has grown into one of the largest municipal public employee retirement systems in the United States with nearly 375000 active/vested members retirees and beneficiaries. NYCERS is a defined benefit retirement plan and a costsharing multiple employer public employee retirement system. We are looking for individuals with passion dedication and commitment to excellence and innovation who are interested in adding to our dynamic and collaborative work environment. Working for the City of New York you will receive excellent benefits including healthcare vision benefits dental benefits as well as the opportunity to participate in the Citys retirement plan. NYCERS offers a hybrid work environment with partial onsite work and partial telework.
Job Description:
The New York City Employees Retirement System Finance Division seeks a Deputy Director. Under the direction of the Finance Director the Deputy will have broad oversight of the division with a special focus on the daytoday activities of the Finance team. Specifically the Deputy will oversee the following:
Reconciliation and recording of all financial transactions into the accounting system.
Processing deposit and reconciliation of incoming funds from various sources.
Processing of check and EFT payments.
Preparation of NYCERS annual audited financial statements under Generally Accepted Accounting Principles (GAAP) the Annual Comprehensive Financial Report (ACFR) and other financial reports.
Maintenance reconciliation and update of members account balances in the agencys pension administration system.
Oversee and manage external audits.
An ideal candidate would have:
Strong managerial background overseeing and directly supervising Accounting Financial Reporting and other fiscal operations.
Extensive experience and knowledge of accounting auditing and banking principles.
Experience and demonstrated knowledge of preparing/analyzing yearend audited financial statements for any organization.
Experience with planning and coordination of financial closing process with external CPA auditors.
Wellrounded knowledge in general accounting investment accounting accounts receivable and accounts payable.
Experience and knowledge of developing internal control and accounting systems.
The Deputy Director will support the Finance Director in leading a dynamic 30member team consisting of Accountants Bookkeepers Principal Administrative Associates Retirement Benefit Examiners and others. Their direct responsibilities include running the daytoday operations of the Finance Division and setting and tracking performance goals objectives and priorities for Division staff. In addition the Deputy will assist the Finance Director in the development of best practices in the division and leverage automation to enhance division processes. The Deputy will maintain strong relationships with NYCERS external stakeholders and partners such as regulators and other City agencies. The Deputy will also collaborate with the Finance Director and NYCERS Enterprise Risk Committee in the development/implementation of the agencys Enterprise Risk Management (ERM) program and the Vendor Risk Management (VRM) program and act in the capacity of the Finance Director in their absence.
The Deputy Director provides management and leadership guidance for their staff on a variety of general administrative general and investment accounting financial reporting and banking related issues. The followup of delegated work must be very thorough. The Deputy must be a collaborator and able to facilitate collaboration within the Finance Division and with other internal and external stakeholders. The position requires a strong accounting background confidence independent action the ability to make decisions and take responsibility for them and superior attention to detail. A wellsuited candidate adapts quickly to changing conditions and works with the team to implement solutions that produce quality results.
Qualifications :
1. A baccalaureate degree from an accredited college or university including or supplemented by 12 credits in mathematics statistics accounting and/or actuarial science and four years of satisfactory fulltime experience implementing the provisions of a retirement plan involving the use of mathematical statistical actuarial or accounting computations 18 months of which must have been in an administrative managerial or executive capacity or supervising professionals implementing the provisions of a retirement plan involving the use of mathematical statistical actuarial or accounting computations; or
2. An associate degree or 60 credits from an accredited college or university including or supplemented by 12 credits in mathematics statistics accounting and/or actuarial science and six years of satisfactory fulltime experience as indicated in 1; or
3. Education and/or experience equivalent to 1 or 2 above. However all candidates must have 60 credits from an accredited college or university including or supplemented by 12 credits in mathematics statistics accounting and/or actuarial science and the 18 months of experience in a supervisory administrative managerial or executive capacity as described in 1 above.
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 individuals sex race color ethnicity national origin age religion disability sexual orientation veteran status gender identity or pregnancy.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
