Revenue Analyst - job 2 of 3

As a Revenue Analyst at NYC Department of Design and Construction, your primary responsibilities will include analyzing payment histories, preparing invoices, and ensuring accurate billing for utility reimbursements related to construction projects. You'll assist in preparing detailed documentation to support billing processes and respond to inquiries from city agencies promptly.

To qualify for the Revenue Analyst position at NYC Department of Design and Construction, you need a baccalaureate degree in accounting or a related field, including at least 24 semester credits in accounting topics, or you must hold a valid New York State CPA license. Having relevant professional experience in accounting will also enhance your candidacy.

Yes, previous experience is required for the Revenue Analyst role. You must have at least one year of experience as an Assignment Level I Accountant or a minimum of two years of full-time professional accounting or auditing experience to be considered for this position at NYC Department of Design and Construction.

As a Revenue Analyst at NYC Department of Design and Construction, proficiency in accounting software systems will be crucial. You should be familiar with tools like CPS, PIMS, and PDMS for processing billing summaries. Also, a good command of spreadsheet software for records and analysis will be beneficial in ensuring accuracy in your work.

The work environment for a Revenue Analyst at NYC Department of Design and Construction is collaborative and supportive, with a focus on analytical work that directly impacts various construction projects across New York City. The team values diversity and fosters an inclusive atmosphere where all contributions are recognized and appreciated.

When asked about preparing invoices for construction projects, you should focus on detailing the steps involved, including gathering supporting documentation, analyzing relevant records, and ensuring accuracy in billing. Highlight your ability to use accounting software to generate invoices and keep track of payments.

Discuss your approach to discrepancies, emphasizing your analytical skills and attention to detail. Talk about your process for cross-referencing records, communicating with utility companies, and maintaining thorough documentation to resolve issues effectively.

Emphasize your understanding of fundamental accounting principles such as accrual accounting vs. cash accounting, revenue recognition, and the importance of accuracy and ethical standards in financial reporting when answering this question.

Provide an example from your experience where you simplified financial data for a diverse audience. Highlight your effective communication skills, ensuring that you maintained clarity without sacrificing essential details, reflecting your capability to advocate for financial transparency.

Share your techniques for organization, such as prioritizing tasks, setting deadlines, and utilizing project management tools. Mention how these strategies help you stay on track while ensuring timely and accurate completion of billing and financial documentation.

Explain the importance of staying updated on city policies and standards that affect financial practices. Talk about your commitment to continuous learning and how you incorporate compliance checks into your routine to maintain adherence.

Discuss potential challenges such as dealing with tight deadlines, managing conflicting priorities, or resolving discrepancies. Share how you approach these challenges with a positive attitude, thorough planning, and consistent communication with stakeholders.

Explain how collaboration is essential for a Revenue Analyst, especially when coordinating with other departments. Highlight the importance of clear communication and sharing information to achieve common financial goals effectively.

Outline your method for addressing disputes, including how you would analyze the data, gather supporting documentation, and communicate directly with the utility company to negotiate a resolution, showing your ability to handle conflicts professionally.

Detail the essential tools for a Revenue Analyst, including accounting software, database management systems, and Excel for data analysis. Discuss how these tools enable you to perform your duties effectively and improve overall efficiency in financial processes.