Junior Accountant @ New York City Economic Development Corporation

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: The Accountant is responsible for working closely with the Cash Management, Payroll, Accounts Payable and Billing teams to ensure that the day-to-day operations are accomplished. The role involves preparing bank reconciliations and other balance sheet account analyses, preparing payroll journal entries, and other duties as assigned to assist the Accounting Department with the monthly closing and other ad-hoc projects. The Accountant collaborates with other departments to ensure transactions are recorded correctly for financial reporting, audit purposes, as well as in response to inquiries from internal and external stakeholders.

Essential Duties & Responsibilities:

Prepare bank reconciliations and journal entries for cash and fuel hedge accounts
Apply cash receipts for wires, checks, and lock box deposits
Act as a back-up for vouchering of capital payments for City OMB’s approval
Enter monthly electricity sales tax charged to tenants into the NYS Department of Taxation and Finance portal for reporting and payment purposes
Prepare bi-weekly payroll expense and accrual journal entries
Prepare monthly payroll reports to the Budget department for City reimbursement
Track and maintain the Corporation’s fixed assets schedules and prepare monthly entries
Work on ad hoc projects as needed and other duties as assigned

Qualifications:

Associate’s or Bachelor’s degree in Accounting
0-2 years of general accounting experience
Proven quantitative and analytical skills
Ability to work independently and as a member of a team.
Ability to manage competing priorities in a fast-paced environment.
Proficient in Microsoft Office
Experience in MRI and Great Plains Software a plus.
New York City Residency is required withing 180 days of hire.

Salary Range

$64,000—$66,000 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 Calm.com membership for mindfulness and mental health support
Employee discounts through Plum Benefits 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 edc.nyc.

Junior Accountant

New York City Economic Development Corporation

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