Capital Payment Auditor

City of New York • New York, NY

1d • $63,043 - $100,857 • Onsite

About The Position

The New York City Department of Transportation (DOT) is responsible for maintaining and enhancing the city's transportation infrastructure. The Fiscal Affairs Accounts Payable Unit processes over $400 million in payments annually for goods and services received by DOT. This role involves reviewing invoices, ensuring policies and procedures are followed, and processing payments within deadlines. The candidate will use the City's Financial Management System (FMS3) and the Procurement and Sourcing Solutions Portal (PASSPort) for invoice processing and tracking. Responsibilities include pre-auditing voucher payment packages, monitoring payments for errors, and ensuring conformity to agency requirements and mandates. The role may also involve preparing reports for management and budgetary review.

Requirements

• Baccalaureate degree from an accredited college or university.
• Degree must include or be supplemented by 24 semester credits in accounting.
• Must include one course each in advanced accounting, auditing, and cost accounting.
• One year of full-time satisfactory experience in management auditing, financial auditing, and/or information technology (IT) auditing; OR a valid Certified Public Accountant license issued by the New York State Education Department; OR a valid Certified Internal Auditor certificate issued by the Institute of Internal Auditors (IIA).
• Alternatively, a satisfactory combination of education and/or experience equivalent to the above.
• If substituting education/experience: two years of full-time satisfactory experience in financial or managerial accounting may substitute for the one year of experience.
• Undergraduate or graduate credits in management, computer science, public administration, and/or business administration may substitute for up to 9 semester credits in accounting.
• All candidates must have a baccalaureate degree including or supplemented by 15 semester credits in accounting, including one course each in advanced accounting, auditing, and cost accounting.
• Must have at least one year of the specified experience, or a CPA license, or a CIA certificate.

Nice To Haves

• 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 a Management Auditor - Assignment I or at least two years of experience in management auditing, financial auditing, and/or information technology (IT) auditing.

Responsibilities

• Review assigned invoices to ensure policies and procedures are maintained.
• Process invoices within established deadlines.
• Verify the accuracy and completion of invoice payment request documents and supporting backup documents.
• Utilize the City’s Financial Management System (FMS3) and the Procurement and Sourcing Solutions Portal (PASSPort) to process vendor invoices.
• Log and track invoices in the unit’s internal tracking database.
• Pre-audit voucher payment packages to ensure all necessary supporting documentation is present.
• Monitor payments for errors, approving or returning packages for correction.
• Review Requirements Contracts and contract specifications before approving payments to ensure conformity to agency requirements and Federal/State/City mandates.
• Prepare reports for managerial and budgetary review.

Benefits

• Inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce.
• Work environment that is free from discrimination and harassment.

What This Job Offers

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