About the position
The Mayor's Office of Management and Budget (OMB) is the City government's chief financial agency. OMB's staff of analysts and experts assemble and oversee the Mayor's expense and capital budgets, which fund the services and activities of approximately 90 City agencies and entities. The Accounting Services, Internal Audit, and Single Audit Task Force comprises the Accounting Services Unit, the Internal Audit Unit, and the Single Audit Unit. The Task Force is responsible for monitoring, interpreting, and applying accounting principles to the City budget, the oversight of the City's Single Audit, as well as performing internal audits of OMB grant programs and administrative functions. The Accounting Services Unit is responsible for monitoring changes to Generally Accepted Accounting Principles and providing advice on its interpretation and application. In conjunction with the City's Comptroller's Office, the Unit staff coordinates the annual audits of the City's financial statements and federal programs which are conducted by an independent CPA firm. The Unit is also involved with the negotiation of grant overhead and fringe benefit reimbursement rates with the Federal government, as well as other cost accounting/cost allocation work and provides accounting and audit related advice to other City and City-related entities as requested.
Responsibilities
- Oversee the IFA rate process starting on July 1 of each fiscal year, coordinating efforts among eight City agencies designated with an IFA hourly rate.
- Calculate costs for five administrative agencies and allocate their indirect costs among agencies with IFA rates to ensure equitable cost distribution.
- Apply governmental accounting principles and rules to effectively address accounting inquiries from OMB Task Forces and City agencies.
- Assist the Unit Head in managing Fiscal Year-end projects related to the City's ACFR, ensuring accurate financial reporting and compliance.
- Solve accounting related issues together with relevant personnel internally and with outside agencies.
- Observe Governmental Accounting Standard Board (GASB) meetings; conduct formal and informal communications with GASB Board members and staff; and maintain involvement with local and national professional organizations of accountants and government finance officials.
- Perform ad hoc accounting research and tasks, as required.
Requirements
- Strong interpersonal, organizational, research, analytical, and problem-solving skills.
- Excellent technical accounting and auditing research skills.
- Ability to write and speak effectively.
- Ability to work independently and pay close attention to detail.
- Ability to prioritize tasks and then act on priorities.
- Working knowledge of Microsoft Office software, including Word, Excel, and PowerPoint.
- A CPA or CPA candidate is strongly preferred.
Benefits
- Public Service Loan Forgiveness eligibility.
- New York City residency requirement within 90 days of appointment.
