AVP/Director, Accounting Operations

3 weeks ago

New York, United States Empire State Full time
Job DescriptionJob Description

*Applicants MUST submit a cover letter with resume to be considered.

*This position will require in-office presence. Hybrid work schedules may be possible based on specific job duties and consistent with ESD policy.

BASIC FUNCTION:

Ensure accurate and timely preparation and dissemination of financial accounting and reporting activities of all entities within Empire State Development, including subsidiaries and affiliated entities. Monitor and verify the completeness and accuracy of all financial transactions into the Corporation’s financial management system. Provide technical accounting support and guidance.


WORK PERFORMED:

  • Prepare the annual financial statements and footnotes in accordance with GAAP for the independent auditors.
  • Supervise the Senior Director of Accounting.
  • Direct and implement the monthly and fiscal year-end PeopleSoft Financial Management System close processes, including the review of all bank and investment accounts reconciliations, cash receipt transactions and general ledger account analyses to ensure the accuracy of financial transactions.
  • Prepare internal quarterly financial statements.
  • Review department payment vouchers and provide/approve general ledger coding.
  • Interact with internal, independent, Office of State Comptroller and federal government auditors.
  • Monitor compliance with monthly, quarterly and annual internal and external reporting and analyses.
  • Prepare monthly and quarterly billing analyses for federally funded subsidiaries and corporate sub-tenants.
  • Assist with establishing and implementing accounting policies, procedures, work standards and controls.
  • Effectively communicate with supervisor, department staff and all levels of management.
  • Maintain an understanding of the accounting team’s job duties.
  • Ensure every position has an adequately trained back-up.
  • Work on special projects, assignments and analyses as requested.

MINIMUM REQUIREMENTS:

Education level required: Bachelor’s Degree in Accounting/Finance or related field, MBA a plus

Relevant Experience required: 8+ years public/private experience with senior level responsibilities in a fast-paced accounting environment; Government/Non-profit experience a plus.

Knowledge Required: Strong technical knowledge of accounting principles and financial reporting, including Generally Accepted Accounting Principles (GAAP) and Government Accounting Standards Board (GASB) statements; experience in financial statement preparation; extremely detail-oriented with strong organizational skills to simultaneously manage multiple projects; effective written and oral communication skills; leadership capabilities with the ability to work within deadlines while still providing a high quality work product; comfortable communicating with all staff, including Senior Management; superior knowledge of Microsoft Office products, especially Excel and Word; experience with PeopleSoft Financial Management System preferred.

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