Staff Accountant, Financial Accounting & Reporting
Port Authority of New York and New Jersey
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At a glance
Requirements
Credentials this posting asks for.
Job overview
The Staff Accountant will support key accounting functions for the agency’s investment portfolio and deferred charges, ensuring integrity, accuracy, and efficiency of general ledger and financial reporting processes under the direction of the Senior Accounting Supervisor.
Skills & qualifications
Skills
Qualifications
Full job description
Description
About the Role
Under the direction of the Senior Accounting Supervisor, Financial Accounting & Reporting, the successful candidate will support key accounting functions related to the monitoring and accounting of the agency’s investment portfolio and deferred charges, including the analysis, reconciliation and reporting of such financial activity. This position is to ensure the integrity, accuracy, and efficiency of the investment portfolio’ and the operating deferred assets’ general ledger and the financial reporting processes.
Responsibilities
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Calculating the monthly write-off amounts associated with all deferred charges.
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Analysis of Cash and Investments on a monthly basis.
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Processing and posting of all market valuation adjustments associated with our investment portfolio.
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Processing and posting interest on the Port Authority portfolio on a monthly basis.
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Reconciling portfolio transactions that are posted to the Treasury Module by the Treasury Department.
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Analyzing and reconciling all activity posted to assigned balance sheet accounts for Port Authority investments and deferred accounts.
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Assisting with the Cash and Investment section of the Port Authority Financial Statements.
Minimum Qualifications
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Bachelor’s Degree in Accounting or Corporate Finance rom an accredited college or university with a minimum of 1 years of relevant work experience.
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In lieu of Bachelor’s Degree, a minimum of 5 years of relevant work experience can be accepted.
Desired Qualifications
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Master’s degree (MBA, MS) in an accounting or finance related discipline from an accredited college or university
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CPA or CMA
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Demonstrated ability to analyze financial information
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Demonstrated ability to effectively communicate, both written and orally
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Demonstrated ability to work within a team environment
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Demonstrated experience with SAP in Financial Accounting.
Selection Process
The application process varies by position but typically includes an initial phone interview for qualified candidates, followed by a more in-depth interview(s) and/or assessment(s). Selected candidates who are made a conditional job offer will be asked to undergo a background check.
Compensation, Benefits & On-Site Collaboration Requirements:
The Port Authority of New York and New Jersey offers a competitive benefits package and a professional environment that supports development and recognizes achievement. Click here for more information about benefits, our culture, and career development opportunities.
The Port Authority of New York and New Jersey anticipates that the actual salary offered to a successful candidate will depend on aspects such as experience, knowledge, skills, abilities, and internal factors. The expected compensation range for this role is:
Minimum: $58,292 Midpoint: $75,796 Maximum: $93,288
In accordance with Port Authority policy, this position permits employees to work remotely a maximum of one day per week, subject to operational and business needs.
REQNUMBER: 64716
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