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Bank Account Reconciler - job 1 of 2

Job Description

The NYC Financial Information Services Agency-Office of Payroll Administration (FISA-OPA) is recruiting an Accountant Level 1 for the Reconciliation Unit. The selected candidate will perform the following tasks:

- Reconcile bank accounts on a monthly/bi-monthly basis by:
- Keeping track of aged issue check balances and updating information in a timely and clear manner
- Maintaining an itemized open stop list included in each reconciliation
- Maintaining records for refunded, canceled and stopped checks
- Identifying any outstanding issues and their resolution
- Maintaining a list of outstanding forgeries and their replacements
- Reconciling all checks on replacement list and showing status in a clear manner
- Matching bank clearings to paid checks
- Maintaining and updating lists of checks used to fund negative escrows
- Contribute to the overall functioning of the unit and enhance reconciliation process
- Perform miscellaneous tasks of accounting nature as assigned by the Supervisor and/or Directors
- Must currently be a City employee who is permanent in the title of Accountant or a comparable title.


Additional Information:
#O-74

To Apply:
Applicants may visit the Jobs NYC website: www.nyc.gov/jobs and apply to Job ID: 707644. While all complete applications will be given consideration, only candidates selected for an interview will be contacted.

Hours/Shift:
35 Hours/Day Shift

Work Location:
5 Manhattan West, New York, NY

ACCOUNTANT - 40510

Qualifications

1. A baccalaureate degree from an accredited college or university, accredited by regional, national, professional or specialized agencies recognized as accrediting bodies by the U.S. Secretary of Education and by the Council for Higher Education Accreditation (CHEA), including or supplemented by 24 semester credits in accounting, including one course each in advanced accounting and auditing; or
2. A valid New York State Certified Public Accountant license.
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 an Accountant - Assignment Level I or at least two years of satisfactory full-time professional accounting or auditing experience.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

Average salary estimate

$70000 / YEARLY (est.)
min
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$60000K
$80000K

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What You Should Know About Bank Account Reconciler, City of New York

Are you looking for a fantastic opportunity in the heart of New York City? Join the NYC Financial Information Services Agency-Office of Payroll Administration (FISA-OPA) as a Bank Account Reconciler! As a key player in the Reconciliation Unit, you'll dive into tasks that ensure the financial integrity of our operations. Your day-to-day will involve reconciling bank accounts on a monthly and bi-monthly basis, keeping track of aged issue check balances, and maintaining clear records of refunded, canceled, and stopped checks. This role requires a meticulous eye for detail as you'll identify outstanding issues and their resolutions while maintaining organized lists of outstanding forgeries and their replacements. Imagine the satisfaction of matching bank clearings to paid checks and enhancing the reconciliation process with your contributions! Additionally, you'll perform various accounting tasks assigned by your supervisor, ensuring that every piece of the financial puzzle fits perfectly. To be considered, you must currently be a permanent employee in a comparable title, bringing along either a baccalaureate degree with relevant accounting credits or a valid New York State CPA license. Join us in our commitment to fostering an inclusive workplace that values diversity, and help us maintain the financial backbone of NYC!

Frequently Asked Questions (FAQs) for Bank Account Reconciler Role at City of New York
What are the responsibilities of a Bank Account Reconciler at NYC Financial Information Services Agency?

As a Bank Account Reconciler at the NYC Financial Information Services Agency, your primary responsibilities will include reconciling monthly and bi-monthly bank accounts, managing aged issue check balances, and maintaining records for various types of checks. You'll also identify and resolve outstanding issues, keeping track of forgeries and their replacements while ensuring accurate records are maintained. This role not only contributes to the overall functionality of the unit but also enhances the reconciliation process significantly.

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What qualifications do I need to become a Bank Account Reconciler at NYC Financial Information Services Agency?

To qualify as a Bank Account Reconciler at the NYC Financial Information Services Agency, you need to be a current city employee in a permanent title of Accountant or a comparable role. Additionally, you should possess either a baccalaureate degree with 24 credits in accounting or a valid New York State CPA license. For those looking to progress to Assignment Level II, at least one year of relevant experience as an Accountant Level I or two years of professional accounting experience is required.

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What is the work environment like for a Bank Account Reconciler at NYC Financial Information Services Agency?

The work environment for a Bank Account Reconciler at the NYC Financial Information Services Agency is dynamic and collaborative. With a strong emphasis on teamwork and integrity, you will be part of a diverse workforce committed to making a difference in the city’s financial management. The office encourages an open dialogue, providing a supportive atmosphere where your contributions are valued, and your professional growth is prioritized.

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Are there opportunities for advancement for Bank Account Reconciler positions at NYC Financial Information Services Agency?

Absolutely! The NYC Financial Information Services Agency values professional development and offers various avenues for advancement. As a Bank Account Reconciler, you can enhance your skill set, gain valuable experience, and potentially progress to higher assignment levels within the agency. With a commitment to employee growth and excellent performance metrics, there are many pathways to advance your career.

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How can I apply for the Bank Account Reconciler role at NYC Financial Information Services Agency?

To apply for the Bank Account Reconciler position at the NYC Financial Information Services Agency, visit the Jobs NYC website and search for Job ID: 707644. Make sure to prepare a complete application highlighting your qualifications and experience. While all applications will be considered, only candidates selected for an interview will be contacted, so ensure your application stands out!

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Common Interview Questions for Bank Account Reconciler
Can you explain your experience with bank reconciliation processes?

When answering this question, detail your specific experiences with bank reconciliation, including the types of accounts you've reconciled and the tools you used. Highlight any challenges you faced during the process and how you resolved them. This shows your practical knowledge and problem-solving abilities in the context of the Bank Account Reconciler role.

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How do you keep track of outstanding checks and forgeries?

Discuss your systematic approach to managing outstanding checks and addressing forgeries. Talk about the methods you use to document these issues, such as maintaining clear records and checklists. Highlight your attention to detail and organizational skills, which are crucial for a Bank Account Reconciler.

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What steps do you take to ensure accuracy in your reconciliations?

You should describe your meticulous process for ensuring accuracy during reconciliations. This could include double-checking figures, using accounting software effectively, and maintaining comprehensive records. Mention any past experiences where your attention to detail caught discrepancies before they became larger issues.

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Why do you want to work as a Bank Account Reconciler for NYC Financial Information Services Agency?

In your response, express your passion for public service and the importance of accurate financial management in a city as dynamic as New York. Share your alignment with the agency’s values and your excitement about the opportunity to contribute to their reconciliation processes.

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Describe a time when you identified an error in financial documentation.

Provide a specific example where your analytical skills helped identify an error, explaining what the error was, how you discovered it, and the steps you took to resolve it. Demonstrating your proactive attitude emphasizes your capability in a Bank Account Reconciler role.

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How do you prioritize your tasks during a busy reconciliation period?

When answering this question, discuss your time management strategies and how you assess urgency versus importance. Highlight past experiences where you successfully managed multiple deadlines and ensured quality work amidst a high workload.

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What accounting software are you proficient in?

Here, detail the accounting software you’ve worked with, such as Excel, QuickBooks, or specific banking software. Discuss your level of proficiency and any particular features of the software that you find especially valuable for reconciliation tasks, showcasing your technical skills relevant to the Bank Account Reconciler role.

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Can you walk us through your method for reconciling bank statements?

In your response, outline step-by-step how you typically reconcile bank statements. Make sure to mention how you handle discrepancies, and emphasize your logical and organized approach. This will demonstrate your methodical nature, essential for a Bank Account Reconciler.

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How do you handle tight deadlines in reconciliation tasks?

Share your strategies for managing tight deadlines effectively, such as prioritizing tasks, delegating where appropriate, and maintaining open lines of communication with your team. Your answer should reflect a calm and focused demeanor under pressure, which is vital for a Bank Account Reconciler.

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What do you think is the most challenging part of being a Bank Account Reconciler?

When discussing challenges, consider mentioning the complexities of dealing with outstanding checks, forgeries, or discrepancies. Explain how you address these challenges with proactive measures and an analytical mindset, showing your readiness to tackle the reality of the role.

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Our Mission To work to eliminate ageism and ensure the dignity and quality-of-life of New York City’s diverse older adults, and for the support of their caregivers through service, advocacy, and education. Strategic Goals To foster independence...

3844 jobs
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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 19, 2025

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