Senior Accountant

2 days ago

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

Job Summary:

The Associate Accountant will play a critical role in ensuring the accurate collection, recording, and distribution of gaming revenues. This position will be responsible for supervising and facilitating the proper processing of transactions in the Statewide Financial System (SFS), preparing regulatory cost assessment billings, and monitoring account balances and expenditures.

Key Responsibilities:

  • Supervise and facilitate the proper collection, recording, and distribution of gaming revenues.
  • Prepare quarterly and annual regulatory cost assessment billings for gaming programs.
  • Process transactions in the SFS consistent with Office of the State Comptroller (OSC) and Division of Budget (DOB) guidelines.
  • Prepare journal entries and ensure proper posting in software and SFS.
  • Monitor and reconcile account balances of various funds and monitor expenditures against budgeted spending targets.
  • Analyze revenues and expenditures to ensure alignment with funding levels.
  • Prepare and document project costs and cash spending projections.
  • Prepare the unclaimed prize report summarizing lapsed prize funds and 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.
  • 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 (SFS).
  • 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.

Additional Requirements:

Some positions may require additional credentials or a background check to verify your identity.

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