Senior Financial Analyst

2 weeks ago


Schenectady, New York, United States New York State Full time
Job Title: Associate Accountant

Join the New York State team as an Associate Accountant and take on a challenging role that requires strong financial analysis and accounting skills.

Job Summary

The Associate Accountant will be responsible for supervising and facilitating the proper collection, recording, and distribution of revenues from various gaming and wagering programs. This includes preparing quarterly and annual regulatory cost assessment billings, processing transactions in the Statewide Financial System, and monitoring and reconciling account balances.

Key Responsibilities
  • Supervise and facilitate the proper collection, recording, and distribution of revenues from various gaming and wagering programs.
  • Prepare quarterly and annual regulatory cost assessment billings for Indian Gaming, Interactive Fantasy Sports, Thoroughbred and Harness Funds, Commercial Gaming, and Mobile Sports Wagering programs.
  • Process transactions in the Statewide Financial System consistent with Office of the State Comptroller, Division of Budget, and other control agency guidelines.
  • Monitor and reconcile account balances of various funds and monitor expenditures against budgeted spending targets.
  • Analyze revenues and expenditures to ensure they are aligned with funding levels.
  • Prepare and document project costs and preparation of cash spending projections.
  • Prepare the unclaimed prize report that summarizes the accumulation of lapsed prize funds and any use of lapsed prize money for promotional purposes.
  • Serve as primary liaison with financial staff from licensees and regulated entities, banks, and vendors.
  • Ensure financial and accounting compliance requirements are met in accordance with NYS Legislation, Gaming Commission regulations, and other rules and guidelines as applicable.
  • Compile and review reports for various programs and projects as requested by management and agencies.
  • Schedule and review all work performed by staff.
Desired Competencies
  • Advanced experience utilizing Excel including pivot tables.
  • Experience utilizing the Statewide Financial System.
  • Experience with double entry bookkeeping and accounting systems and software.
  • Knowledge of Article 34 of the NYS Tax Law and State Finance Law.
  • Knowledge of Pari-mutuel Wagering and Breeding Law.
  • Ability to multi-task and manage multiple priorities.
  • Experience supervising staff.

Please note that some positions may require additional credentials or a background check to verify your identity.


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