Jump to main content.

The Official Careers Website of the City of New York

Search

Reconciliation Specialist

  1. DEPARTMENT OF FINANCE
Posted on: 03/18/2025
  1. Full-time

Location

MANHATTAN

  1. Exam may be required

Department

Payment Reconciliation

$63,043.00 – $77,453.00

Job Description

This vacancy has now expired.

IMPORTANT NOTE: CANDIDATES WITH A PERMANENT ACCOUNTANT OR COMPARABLE CIVIL SERVICE TITLE WITH SIMILAR DUTIES/RESPONSIBILITES ARE ENCOURAGED TO APPLY. PLEASE INCLUDE YOUR EMPLOYEE IDENTIFICATION NUMBER (EIN) WHEN APPLYING AND INDICATE IN YOUR COVER LETTER YOUR PERMANENT CIVIL SERVICE TITLE.

NYC Department of Finance (DOF) is responsible for administering the tax revenue laws of the city fairly, efficiently, and transparently to instill public confidence and encourage compliance while providing exceptional customer service.

The Treasury and Payment Services Division is responsible for overseeing all City payment websites, the payment processing of tax returns, property recording forms, parking violation programs, and the collection of delinquent accounts, and relationships with banking institutions. Treasury and Payment Services is also responsible for collecting outstanding violations issued by City agencies and adjudicated by the Environmental Control Board.

Citywide Payment Services and Standards (CPSS) is the official provider of online and mobile payments to all City agencies, ensuring efficient and compliant revenue collection. CPSS also provides point-of-sale software, third-party and self-service payment kiosks for agencies’ in-person locations. CPSS is responsible for managing the planning and implementation of credit and debit card, eCheck, Paypal, and Venmo payments, including FMS integration, bank-to-book revenue reconciliation, and automation and PCI-DSS compliance.

The division seeks a dynamic, motivated, detail-oriented individual to join the CPSS Reconciliations Unit. The CPSS Reconciliations Unit was created to consolidate DOF's reconciliation activities that had been occurring across multiple divisions within the agency. The unit is responsible for reconciling most of DOF's bank accounts with FMS, vendor payment systems, and agency source systems. The unit consists of staff that has experience with reconciling complicated bank accounts and related functions.

The successful candidate will serve as a Reconciliation Specialist reporting to the Supervisor of Reconciliations. The employee's duties will include, but are not limited to:

- Daily monitoring of a portfolio of accounts to minimize incidents of fraud and ensure no losses.
- Daily/weekly/monthly bank reconciliations of a portfolio of accounts.
- Participation in the annual closing process according to the NYC Comptroller's Office directives.
- Identifying adjustments to be booked in FMS3.
- Ensuring accurate recording of cash receipts and disbursements in FMS.
- Participation in the creation of reports for DOF senior management, Comptroller's office, and OMB, as needed.
- Other projects as assigned by supervisor/manager.
- Liaison between DOF, other City agencies, various banks, and various payment vendors.

Additional Information:
In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.

ACCOUNTANT - 40510


Minimum Qualifications

1. A baccalaureate degree from an accredited college or university, accredited by regional, national, professional or specialized agencies recognized as accrediting bodies by the U.S. Secretary of Education and by the Council for Higher Education Accreditation (CHEA), including or supplemented by 24 semester credits in accounting, including one course each in advanced accounting and auditing; or
2. A valid New York State Certified Public Accountant license.
To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one year of experience as an Accountant - Assignment Level I or at least two years of satisfactory full-time professional accounting or auditing experience.


Preferred Skills

- Strong background in accounting preference will be given to those candidates that have prior public sector financial management experience City government, in particular and experience performing bank reconciliations. - Strong verbal and written communication skills must be able to present in a manner that will be comprehensible across various levels of staff must be able to tailor a presentation for its intended audience. - Highly analytic and extremely detail-oriented with an inquisitive and investigative attitude Must be very organized and responsive. - Familiarity with accounting practices, the City's Financial Management System (FMS3), and Info Advantage preference will be given to candidates with Financial Management System (FMS3) and Info Advantage experience. - Highly proficient in Excel (pivot tables and charts, v lookup, charts, If formulas, conditional formatting etc.), Word, Access, and PowerPoint. Must be detail-oriented, accurate, analytical, and possess good interpretive skills. (Work samples may be requested). - Experience with Automated Reconciliation Tools (Frontier experience is a plus). - Possesses effective people skills and has the ability to work with employees at all levels. - Must be patient, with a flexible personality that will allow for successful interaction with varying aptitudes and dispositions of all staff.
55a Program

This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.
Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.
Residency Requirement

New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.
Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

Job ID

705842

Title code

40510

Civil service title

ACCOUNTANT

Title classification

Competitive-1

Business title

Reconciliation Specialist

Posted until

2025-04-16

  1. Experienced (non-manager)

Job level

02

Number of positions

1

Work location

59 Maiden Lane

  1. Communications & Intergovernmental Affairs

Reconciliation Specialist

Search