Staff Accountant, Financial Accounting & Reporting

Port Authority of NY & NJ•Jersey City, NJ

1d•Hybrid

About The Position

Under the direction of the Senior Accounting Supervisor, Financial Accounting & Reporting, the successful candidate will support key accounting functions related to the monitoring and accounting of the agency’s investment portfolio and deferred charges, including the analysis, reconciliation and reporting of such financial activity. This position is to ensure the integrity, accuracy, and efficiency of the investment portfolio’ and the operating deferred assets’ general ledger and the financial reporting processes.

Requirements

Bachelor’s Degree in Accounting or Corporate Finance from an accredited college or university with a minimum of 1 years of relevant work experience.
In lieu of Bachelor’s Degree, a minimum of 5 years of relevant work experience can be accepted.

Nice To Haves

Master’s degree (MBA, MS) in an accounting or finance related discipline from an accredited college or university
CPA or CMA
Demonstrated ability to analyze financial information
Demonstrated ability to effectively communicate, both written and orally
Demonstrated ability to work within a team environment
Demonstrated experience with SAP in Financial Accounting

Responsibilities

Calculating the monthly write-off amounts associated with all deferred charges.
Analysis of Cash and Investments on a monthly basis.
Processing and posting of all market valuation adjustments associated with our investment portfolio.
Processing and posting interest on the Port Authority portfolio on a monthly basis.
Reconciling portfolio transactions that are posted to the Treasury Module by the Treasury Department.
Analyzing and reconciling all activity posted to assigned balance sheet accounts for Port Authority investments and deferred accounts.
Assisting with the Cash and Investment section of the Port Authority Financial Statements.