Junior Accountant

Our Vision: To make New York City the global model for inclusive innovation and economic growth, fueled by the City's diverse people and businesses. 

Our Mission: Creating a vibrant, inclusive, and globally competitive economy for all New Yorkers.

Position Overview: The Accountant is responsible for working closely with the Cash Management, Payroll, Accounts Payable and Billing teams to ensure that the day-to-day operations are accomplished. The role involves preparing bank reconciliations and other balance sheet account analyses, preparing payroll journal entries, and other duties as assigned to assist the Accounting Department with the monthly closing and other ad-hoc projects. The Accountant collaborates with other departments to ensure transactions are recorded correctly for financial reporting, audit purposes, as well as in response to inquiries from internal and external stakeholders.

Essential Duties & Responsibilities:

• Prepare bank reconciliations and journal entries for cash and fuel hedge accounts
• Apply cash receipts for wires, checks, and lock box deposits
• Act as a back-up for vouchering of capital payments for City OMB's approval
• Enter monthly electricity sales tax charged to tenants into the NYS Department of Taxation and Finance portal for reporting and payment purposes
• Prepare bi-weekly payroll expense and accrual journal entries
• Prepare monthly payroll reports to the Budget department for City reimbursement
• Track and maintain the Corporation's fixed assets schedules and prepare monthly entries
• Work on ad hoc projects as needed and other duties as assigned
  
  

Qualifications:

• Associate's or Bachelor's degree in Accounting
• 0-2 years of general accounting experience
• Proven quantitative and analytical skills
• Ability to work independently and as a member of a team.
• Ability to manage competing priorities in a fast-paced environment.
• Proficient in Microsoft Office
• Experience in MRI and Great Plains Software a plus.
• New York City Residency is required withing 180 days of hire.
  
  

Salary Range

$64,000—$66,000 USD

About Us: New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city's future economy.

NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance. We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:

• Generous employer subsidized health insurance
• Medical, dental, and pharmacy plans
• Vision and hearing benefits
• Flexible spending accounts for healthcare and dependent care
• Short term and long-term disability coverage
• 100% employer covered life insurance and supplemental life insurance coverage
• Up to 25 vacation days
• Floating Holidays and Summer Fridays
• Parental leave - up to 20 paid weeks
• Retirement savings programs
• Company-paid 401(a) defined contribution plan
• 457(b) tax-advantaged retirement savings plan
• Tuition Reimbursement program
• Continuing education and professional development
• Public Service Loan Forgiveness (PSLF) eligible employer
• College savings plan
• Backup childcare
• Gym membership discounts
• A Calm.com membership for mindfulness and mental health support
• Employee discounts through Plum Benefits, Student Loan Servicing tools, and much more
  

Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization.

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents.

For more information, visit our website at edc.nyc.