Sr Reconciliation Specialist

IMPORTANT NOTE: ONLY CANDIDATES WITH A PERMANENT ECONOMIST CIVIL SERVICE TITLE ARE ENCOURAGED TO APPLY. PLEASE INCLUDE YOUR EMPLOYEE IDENTIFICATION NUMBER (EIN) WHEN APPLYING AND INDICATE IN YOUR COVER LETTER YOUR PERMANENT CIVIL SERVICE TITLE.

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 Treasury and Payment Services Division is responsible for overseeing all City payment websites the payment processing of tax returns property recording forms parking violation programs and the collection of delinquent accounts and oversees the agencys management of the Citys cash balances and its relationships with banking institutions. Treasury and Payment Services is also responsible for collecting outstanding violations issued by City agencies and adjudicated by the Environmental Control Board.

Citywide Payment Services and Standards (CPSS) is the official provider of online and mobile payments to all City agencies ensuring efficient and compliant revenue collection. CPSS also provides pointofsale software thirdparty and selfservice payment kiosks for agencies inperson locations. CPSS is responsible for managing the planning and implementation of credit and debit card eCheck Paypal and Venmo payments including FMS integration banktobook revenue reconciliation and automation and PCIDSS compliance.

The division seeks a dynamic motivated detailoriented individual to join the CPSS Reconciliations and Reporting Unit. The CPSS Reconciliations and Reporting Unit was created to consolidate DOFs reconciliation and reporting activities that had been occurring across multiple divisions within the agency. The unit is responsible for reconciling most of DOFs bank accounts with FMS vendor payment systems and agency source systems. The unit consists of staff that has experience with reconciling complicated bank accounts and related functions. This unit also reports on all revenue collected by the agency. The successful candidate will serve as a Senior Reconciliations Specialist reporting to and assisting the Supervisor of Reconciliations. The employees duties will include but are not limited to:

Daily monitoring of a portfolio of accounts to minimize incidents of fraud and ensure no losses.
Daily/Weekly/Monthly bank reconciliations of a portfolio of accounts.
Participation in the annual closing process according to the NYC Comptrollers Office directives.
Identifying adjustments to be booked in FMS3.
Ensuring accurate recording of cash receipts and disbursements in FMS.
Creation of reports for DOF senior management Comptrollers office and OMB as needed.
Other projects as assigned by supervisor/manager.
Liaison between The Department of Finance other City agencies various banks and various payment vendors.

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.

In compliance with federal law all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.

Qualifications :

1. A masters degree from an accredited college or university in economics statistics finance management business administration public administration public policy or related field; or

2. A baccalaureate degree from an accredited college or university including or supplemented by 24 semester credits in one or more of the course areas of economics statistics
finance management mathematics business administration public administration and public policy 12 semester credits of which must have been in economics; and one year of satisfactory fulltime experience in one or more of the
fields of finance; economic fiscal or statistical research; policy analysis; or quantitative business market or financial analysis. Graduate semester credits in any of the areas described in 1 above may be substituted for the undergraduate
semester credits on the basis that each 3 graduate semester credits may be substituted for 6 of the required undergraduate semester credits.

Special Note
To be eligible for placement in Assignment Level II individuals must have in addition to meeting the minimum requirements at least one additional year of fulltime experience listed in 2 above.

Special Note
To be eligible for placement in Assignment Level III individuals must have in addition to meeting the minimum requirements at least two additional years of fulltime experience listed in 2 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