Since 1917, Teachers’ Retirement System of the City of New York (TRS) has been building better tomorrows for the educators of New York City. TRS serves over 215,000 members with a mission to provide them retirement, disability, and death benefit services.
The General Accounting Unit is responsible for processing payments to members and managing distributions from the Tax Differed Annuity (TDA) Program, which includes handling Qualified Pension Plan (QPP) and TDA loans, excess withdrawals, and various TDA distributions such as withdrawals and refunds related to Line-of-Duty Injury (LODI) contributions. The unit also manages funds for membership transfers, death benefits, and non-automated payments, while ensuring proper documentation through 1099 Forms for different payment types and monthly cash records. Additionally, it generates annual 1099 Forms for in-service members and oversees wire transfers between bank accounts.
The Sr. Accounting Associate is a self-driven, multitasking accounting professional dedicated to serving TRS members with prompt, efficient, and friendly assistance on general accounting functions.

Key Responsibilities:

- Review and reconcile sub-ledger, general ledger and bank statements. Research discrepancies in conjunction with other accounting department units.
- Prepare Corpus expense ledger’s weekly transactions, trial balances and month-end reports. Review transactions entered to ensure expense payments adhere to policy and procedures of the agency. Prepare Corpus expense ledger and non-periodic payrolls, including their relevant general journal entries and payment vouchers
- Verify and post automated accounting transaction batches from the sub-ledger to the general ledger system.
- Prepare, verify and post manual ledger transactions.
- Assist in creating and implementing written processes and procedures for various functions in the unit and monitor compliance.
- Perform other duties as assigned.

ACCOUNTANT - 40510

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.

- Minimum of three years’ experience in financial service industry - Minimum of two years of experience performing mathematical, statistical, actuarial or accounting computations in a retirement or employee benefits plan in a financial institution. - Knowledge of the accounting and other financial data used in support of the accounting transaction - Knowledge of G/L applications and reconciliation - Knowledge in MS Office Word and Excel - Knowledge of how to verify and post details of business transactions, reconcile general ledger accounts - Knowledge of accounting software as Macola - Knowledge of accounting rules and principles

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.

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/.

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.

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.