Bank Account And Disbursement Auditor

City of New York • New York, NY

3d • Onsite

About The Position

The Department of Social Services (DSS), through the Office of Fiscal Operations/Bureau of Reconciliation and Control (BORAC), records and maintains financial transactions affecting DSS, the New York City Human Resources Administration, and the Department of Homeless Services. The Bank Accounts and Disbursement Auditor will perform high-level audits, prepare and review voucher requests, maintain records, and reconcile funds disbursed or deposited into agency bank accounts for the Cash Assistance program, which has an annual budget of approximately $1.35 billion. The work supports the agency’s compliance with the Office of the Comptroller’s annual audit.

The role prepares public assistance bank accounts and analyzes issuances and disbursements using various databases. It maintains issuance, disbursement, and cancellation records; conducts detailed reviews of cost allocations; and coordinates with banking institutions and city, state, and local agencies. The position is located at 4 WTC, 150 Greenwich Street, New York, NY 10007, with a 9 a.m.–5 p.m. schedule.

Provisional hires must take and pass the Civil Service Exam when it becomes available to be eligible for continued employment.

Requirements

• Baccalaureate degree from an accredited college, including or supplemented by 24 semester credits in auditing, accounting, finance, economics, statistics, law, quantitative or qualitative research methodology, mathematics, data science, management, public or business administration, computer science/information technology, or a related field.
• In addition to the degree and credit requirements, one of the following: one year of full-time satisfactory experience in performance auditing according to GAGAS, financial auditing, internal auditing, and/or IT auditing; a valid New York State CPA license; or a valid Certified Internal Auditor certificate issued by the IIA.
• For placement in Assignment Level II, at least one year of experience as a Management Auditor - Assignment I or at least two years of experience in GAGAS performance auditing, internal auditing, financial auditing, and/or IT auditing.
• Provisional hires must take and pass the Civil Service Exam when it becomes available to be eligible for continued employment.

Responsibilities

• Prepare the agency’s public assistance bank accounts and use databases to analyze issuances and disbursements by account.
• Reconcile accounts based on check cancellations, forgeries, stale check reinstatements, and manual check requests.
• Post monthly issuances, disbursements, and cancellations to manual and automated ledgers to maintain timely account balance records.
• Prepare audits, account reconciliations, cash balance reports, and aged outstanding reports, and obtain necessary certifications.
• Review cost allocations in detail to ensure expenditures align with payment records and are charged to the proper budget structures.
• Liaise with banking institutions, DSS offices and bureaus, the NYC Department of Finance, the Office of the Comptroller, and other state and local agencies.
• Prepare and review voucher requests and maintain records.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level