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Revenue Analyst - job 3 of 3

Job Description

Hours: Full-Time – 35 Hours
Work Location: 30-30 Thomson Ave, LIC, Queens 11101

Only candidates who are permanent in the Accountant title, or those who are reachable on the Open-Competitive List (Exam #8050), or filed for DDC’s Promotional Exam #4500, or filed for the Open-Competitive Exam #4000 may apply. Please include a copy of your Notice of Results, Proof of Filing, or indicate if you are permanent in the title. If you do not meet the previously mentioned civil service criteria, you will not be considered for an interview.

The NYC Department of Design and Construction, Division of Finance & Procurement seeks a Revenue Analyst. The selected candidate will report to revenue supervisor under Expense budget/Fiscal Audit & ActPybl and assist in facilitating payment reimbursement from utility companies based on contracts between New York City and utility companies for necessary utility interference work performed for DDC construction projects. The Revenue Analyst will assist with making determinations as to balances owed by utility companies to NYC based upon analysis of payment history, time records, and Engineering Audit Office (EAO) payment reports; prepare bills for joint bid projects with supporting documentation based on quantity of items, extras and credits for construction projects using cover sheets of CPS/PIMS/PDMS system; prepare Billing Summary Spreadsheet indicating invoices sent to companies and payments received from companies based upon analysis of rates and hours worked. Prepare invoice with supporting documentation based on time sheets and other expenses for Resident Engineering Inspection (REI) and Force Account (FA) projects; work with the process of entering Billed Receivables (RE) and Cash Receipts (CRE) and Revenue Refund (PRF1) into FMS. In addition, also work on non-joint bid revenue streams, including FHWA grant funds and prepare deposit tickets and cash receipts for checks to ensure accuracy of revenue sources. Respond promptly to all Comptroller’s, OMB, DOT and other agencies requests and inquiries professionally and on a timely basis.


Authorization to work in the United States is required for this position. NYC Department of Design and Construction does not provide sponsorship for international employees for visa applications, extensions, or status changes, including STEM/OPT visas. Applicants are responsible for ensuring that they meet all qualifying requirements for this position, at the time of application.

All applicants, including City Employees:
Please go to NYC Government Jobs | Explore Careers | City of New York, go to Search for Open Jobs, and type in the Job ID # listed above. Submit job application as prompted. Do not apply via Employee Self-Service (ESS), e-mail, mail, or fax your resume to DDC directly.

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.)
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$80000K

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What You Should Know About Revenue Analyst, City of New York

If you're looking to make a difference and are passionate about fiscal analysis, the NYC Department of Design and Construction has an exciting opportunity for a Revenue Analyst in New York City. As a Revenue Analyst, you'll be an essential part of a dynamic team focusing on financial transparency and utility management. Reporting directly to the Revenue Supervisor, your role will involve analyzing payment histories, preparing billing documentation, and ensuring timely reimbursements from utility companies under contracts for necessary construction utility interference work. Your keen eye for detail will come into play as you prepare comprehensive billing summaries and work with various financial systems to track receivables and cash receipts accurately. This position not only involves solid analytical skills but also requires you to interact with different agencies, responding promptly to inquiries from the Comptroller’s Office and other stakeholders. It’s a full-time role with growth potential, where you’ll collaborate with colleagues who share your commitment to financial integrity and public service. If you have a bachelor’s degree in accounting or hold a CPA license, we want to meet you. Join us at this rewarding position and be part of a forward-thinking agency committed to serving the city and its residents effectively.

Frequently Asked Questions (FAQs) for Revenue Analyst Role at City of New York
What are the key responsibilities of a Revenue Analyst at the NYC Department of Design and Construction?

As a Revenue Analyst at the NYC Department of Design and Construction, you will be responsible for analyzing utility company payment histories, preparing billing documentation for construction projects, and facilitating reimbursements. Your daily tasks will include preparing billing summary spreadsheets, responding to requests from various city agencies, and tracking billed receivables to ensure timely payments.

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What qualifications are required to apply for the Revenue Analyst position at NYC DDC?

To apply for the Revenue Analyst position at NYC DDC, you must have a baccalaureate degree from an accredited college with at least 24 semester credits in accounting, including advanced accounting and auditing courses, or possess a valid New York State CPA license. Additionally, one year of experience in a similar accounting role is preferred for those moving to Assignment Level II.

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What is the work environment like for a Revenue Analyst at NYC DDC?

The work environment for a Revenue Analyst at NYC DDC is collaborative and service-oriented, with a focus on ethics and accuracy in financial practices. You'll work with a diverse team dedicated to providing reliable financial services to various stakeholders in New York City, all while contributing to community development initiatives.

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How does the NYC Department of Design and Construction support the growth of its Revenue Analysts?

The NYC Department of Design and Construction prioritizes professional development for its Revenue Analysts by offering ongoing training, mentorship opportunities, and exposure to various aspects of public finance. This commitment to employee growth helps analysts build their skills and advance in their careers while serving the community.

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What tools and systems do Revenue Analysts use at NYC DDC?

Revenue Analysts at NYC DDC utilize several financial management systems and tools to track transactions, prepare documentation, and generate reports. Familiarity with CPS, PIMS, and PDMS systems, as well as spreadsheets for billing summaries, is crucial for effectively fulfilling the responsibilities of this role.

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Common Interview Questions for Revenue Analyst
What experience do you have with financial analysis relevant to the Revenue Analyst role?

When answering this question, focus on specific experiences where you analyzed payment histories or prepared billing documents. Highlight any tools you used, such as Excel or accounting software, and emphasize your attention to detail and ability to communicate findings effectively.

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Can you describe a challenging financial problem you had to solve?

In your response, choose a real-world example that showcases your analytical skills. Discuss what the challenge was, the steps you took to analyze and resolve it, and the outcome of your actions, focusing on your ability to lead the project and support your team.

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How do you ensure accuracy in your financial reporting?

Explain the methods you use to verify the data, such as cross-checking your work, utilizing established accounting principles, and maintaining organized records. Emphasize your commitment to precision and your process for reviewing reports before submission.

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What accounting software are you familiar with?

Mention any relevant accounting software you have experience with, such as QuickBooks, SAP, or specific systems like CPS, PIMS, and PDMS mentioned in the job description. Explain how you've utilized these tools to complete financial tasks effectively.

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How do you prioritize your workload when faced with multiple deadlines?

Discuss your methods for managing time and deadlines effectively. You can mention using project management tools, setting priorities based on urgency and importance, and communicating with team members to ensure accountability and support.

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What steps would you take if you notice discrepancies in financial records?

Detail your process for addressing discrepancies, focusing on investigating the issue, gathering information, communicating with relevant parties, and correcting the error. Highlight your problem-solving capabilities and commitment to maintaining financial integrity.

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In your opinion, what is the most important skill for a Revenue Analyst?

Articulate your belief that analytical skills combined with effective communication are key skills for a Revenue Analyst. Cite examples of how these skills have played a crucial role in your past experiences and how you apply them to provide financial insights.

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Can you give an example of a project where you worked collaboratively with others?

Choose a project example that demonstrates teamwork, highlighting your role, how you collaborated with others, and the results achieved. Emphasize the importance of cooperation and diverse perspectives in achieving financial goals.

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How do you stay updated on changes in financial regulations and accounting standards?

Discuss your preferred methods for staying informed, such as attending workshops, subscribing to industry newsletters, or connecting with professional organizations. Illustrate how you actively seek out opportunities to enhance your knowledge.

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Why do you want to work as a Revenue Analyst for NYC DDC?

Express your passion for public service and financial transparency. Share how the mission of NYC DDC aligns with your values and career aspirations, and detail what excites you about the opportunity to contribute to the city’s infrastructure and development.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
March 30, 2025

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