Director of Accounts Payable Department
About The Position
As the nation's largest provider of affordable housing, the New York City Housing Authority (NYCHA) owns and operates more than 173,000 apartments across the five boroughs and over 75,000 families through federal Housing Choice Voucher subsidies. As such, the Director of Accounts Payable and Utility Management is responsible for disbursing close to $300 million in monthly payments while ensuring adequate controls to protect the Authority from fraud, waste, and abuse. Under executive direction, with the wide latitude for action, decision, exercise of judgement and applications of knowledge and experience, the Director of Accounts Payable. The Director is responsible for supervising a total of over thirty individuals to meet key payment metrics. The Accounts Payable Unit executes the routine processing steps necessary to pay an invoice or settle a payment request, while the supporting unit provides customer service to external vendors and internal program offices (e.g., vendor assistance, vendor file maintenance, timely reporting, assistance to NYCHA properties). There is also a control team within the Accounts Payable Unit that manages levies, liens/assignments, retention and escrow accounts.
Requirements
- A baccalaureate degree from an accredited college or university, including or supplemented by 24 semester credits in accounting, including one course each in advanced accounting and auditing, and four years of satisfactory full-time professional accounting or auditing experience, at least 18 months of which must have been in an administrative, managerial, or executive capacity or supervising a staff performing accounting or auditing work; or
- A valid New York State Certified Public Accountant license and at least 18 months of satisfactory full-time professional accounting or auditing experience in an administrative, managerial or executive capacity or supervising a staff performing accounting or auditing work.
Responsibilities
- Directly support the Chief Finance Officer on vendor participate in the formation of new policies to pay vendors quicker while ensuring adequate financial controls.
- Implement recommendations to streamline the existing procurement-to-payment process and protect against payment fraud.
- Train staff to provide exemplary customer service to both NYCHA program offices and properties, and external contractors.
- Prepare utility consumption data for the annual federal operating subsidy.
- Maintain and submit necessary data, records and reports in accordance with NYCHA’s records retention policies and procedures.
- Ensure compliance with local, state, and federal government reporting requirements.
Benefits
- choice of medical coverage plans
- deferred compensation plans
- defined pension benefit plan
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What This Job Offers
Job Type
Full-time
Career Level
Director
