Accountant - Cash Management

Position Overview: Reporting to the Cash Manager, the Accountant is responsible for daily cash operations and accurate and timely accounting for cash, investments, and loans for NYCEDC and affiliated entities. The Accountant prepares and enters journal entries and prepares supporting schedules as needed. The Accountant interacts with colleagues within the organization to understand transactions and ensure they are timely and accurately recorded. The Accountant builds strong work relationships with colleagues to facilitate the transfer of information and documentation needed for financial reporting and audit through collaboration and customer service in order to respond to inquiries from both internal and external stakeholders.

Essential Duties & Responsibilities:

• Prepare daily, weekly, monthly, and quarterly cash and investment reports and bank analyses for management.
• Maintain comprehensive workpaper package and prepare journal entries and account and bank reconciliations for cash, investments, and loans and effectively address any discrepancies.
• Monitor KPIs and forecast for cash, investments, and loans for management review.
• Manage loans process including monthly billing, application of cash receipts, and preparing bad debt schedules.
• Maintain loan portfolios in LoanPro including entering new loans in accordance with executed agreements and preparing loan schedules.
• Act as a back up to analyze and perform daily application of cash receipts into the accounting general ledger systems, as necessary.
• Respond to internal and external inquiries timely and resolve issues regarding cash receipts and applications.
• Assist with requests from internal and external auditors, as necessary.
• Other duties as assigned.

Qualifications:

• Bachelor’s degree in accounting
• 2 plus years of experience in Accounting
• Proficient in Microsoft Office Suite applications (Word, Excel, Outlook, PowerPoint)
• Experience with Microsoft Great Plains, MRI, LoanPro, and Bloomberg is a plus.
• Proven quantitative and analytical skills.
• Ability to manage competing priorities in a fast-paced environment.
• Maintain the highest level of professionalism by upholding ethical standards and confidentiality consistent with the role.
• Must be a New York City resident within 180 days of hire.

Last updated on Aug 26, 2024