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SUPERVISING ACCOUNTANT

Job Description

Adult Protective Service (APS) is mandated by the State of New York to provide social, legal and protective services to individuals 18 years of age and older, who because of mental or physical impairments are unable to meet their essential needs for food, shelter, clothing or medical care, secure benefits and entitlements or protect themselves from physical or mental injury, neglect , maltreatment, or financial exploitation; are in need of protection from actual or threatened harm, neglect or hazardous coordination; and have no one available who is willing and able to assist them responsibly.

APS establishes appropriate safeguards to protect a given individual's resources, safety, or health, and stabilizes the situation. APS ensures that medical and psychiatric services, eviction prevention, financial management, home care, legal services and as last resort, institutional placements are provided.

The Adult Protective Services Financial Management Services (FMS) acts on behalf of the HRA Commissioner in the review and filing of Representative Payee applications for clients who have been found in need of Protective Services for Adults and are not capable of handling their own finances. FMS is authorized to receive SSI, SSDI, RSDI and other governmental and private pensions that recognize the Representative Payee status on behalf of these clients. FMS pays monthly budgeted expenses for these clients to maintain them safely in their community/housing. The FMS unit currently manages monthly benefits and expenses for approximately 2,700 clients.

Adult Protective Service (APS) is requesting to recruit one (1) Accountant II to function as a Supervising Accountant.

Under the direction of the director of Financial Management Services (FMS) the Supervising Accountant perform the following, including but not be limited to:

- Approve all payment invoices for client accounts in the FMS automated system before authorizing check printing and advising staff of needed corrections or adjustments.

- Analyze and reconcile FMS bank accounts and prepares reports to bank identifying discrepancies noted and corrective action needed. Make adjustment entries to FMS accounting System.

- Assign work and evaluates the quantity and quality of work performed by designated FMS staff.

- Oversee FMS clients’ bank accounts, coordinated with and administered by Bank of America

- Review and approve client benefit reports and withdrawal transmittals to ensure accuracy of data entered to the FMS automated system and ensure appropriate deposit and withdrawal of client benefits.

- Research current accounts, previous reports in the FMS automated system, as well as source documents to develop specific information needed for arrears payments of rent, utilities, etc. and prepare necessary reports.

- Examine FMS accounting transactions and individual client’s general ledgers to ensure complying with City, agency, and Social Security guidelines as well as generally accepted
Accounting standards.

- Prepare and execute the month end closing processing and generates monthly Client Financial Statements.

- Participate in and review audits conducted on FMS transactions and general ledgers.

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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$60000K
$80000K

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What You Should Know About SUPERVISING ACCOUNTANT, City of New York

Join the exciting team at Adult Protective Services (APS) as a Supervising Accountant in the bustling heart of New York City! In this pivotal role, you will oversee financial management services that support vulnerable adults unable to meet their essential needs. As a Supervising Accountant, you will be responsible for approving payment invoices, analyzing and reconciling bank accounts, and ensuring compliance with various accounting standards. Your keen oversight will not only involve managing approximately 2,700 client accounts but will also require you to coordinate closely with banking partners and ensure all financial transactions are handled accurately. You will lead a dedicated team, evaluating their performance while empowering them to do their best work. Your expertise in financial reporting will aid in preparing monthly financial statements and ensure adherence to guidelines set by the City and Social Security. APS values a strong commitment to safeguarding our clients' needs, so your role will be crucial in stabilizing their financial situations. If you have a love for numbers, a knack for leadership, and a passion for helping others, this is the perfect opportunity to grow your career in a meaningful way with APS, where every day is an opportunity to make a difference!

Frequently Asked Questions (FAQs) for SUPERVISING ACCOUNTANT Role at City of New York
What are the responsibilities of a Supervising Accountant at Adult Protective Services?

As a Supervising Accountant at Adult Protective Services (APS), you'll take on a variety of responsibilities including approving invoices, reconciling bank accounts, overseeing client benefit reports, and ensuring compliance with accounting standards. Your role will be central to maintaining financial integrity for over 2,700 clients who depend on APS for critical services.

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What qualifications are required for the Supervising Accountant position at Adult Protective Services?

To qualify for the Supervising Accountant position at Adult Protective Services (APS), candidates must possess a bachelor's degree with at least 24 accounting credits or a valid New York State CPA license. Additionally, candidates need to have at least one year of relevant experience in accounting to move up to Assignment Level II.

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What is the work environment like for a Supervising Accountant at Adult Protective Services?

Working as a Supervising Accountant at Adult Protective Services (APS) offers a collaborative and supportive environment in the vibrant city of New York. The role requires attention to detail, teamwork, and a commitment to making a meaningful impact in the lives of vulnerable individuals. APS values diversity and inclusion, creating a workplace where everyone can thrive.

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How does the Supervising Accountant contribute to client welfare at Adult Protective Services?

The Supervising Accountant plays an essential role at Adult Protective Services (APS) by ensuring that financial resources are managed effectively on behalf of clients. By approving payments, managing expenses, and maintaining compliance with regulations, you help secure the essential services clients need, contributing significantly to their safety and welfare.

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What opportunities for growth and development are available for Supervising Accountants at Adult Protective Services?

At Adult Protective Services (APS), Supervising Accountants have numerous opportunities for professional growth and development. You can expand your knowledge through training programs, engage in regular performance evaluations, and take on leadership roles within the team. APS also encourages continuing education and professional certifications to enhance your skills.

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Common Interview Questions for SUPERVISING ACCOUNTANT
How do you prioritize tasks when managing multiple accounts as a Supervising Accountant?

In your response, highlight your organizational skills and ability to manage time effectively. Mention techniques such as using priority matrices or task lists to ensure that you meet client needs while adhering to deadlines and compliance requirements.

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Can you describe your experience with financial software relevant to the Supervising Accountant role?

Discuss specific financial software you have worked with, including any experiences that demonstrate your ability to analyze data and generate reports. Highlight how you've effectively used these tools to improve efficiency and accuracy in financial management.

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How do you ensure compliance with accounting standards as a Supervising Accountant?

Your answer should emphasize your commitment to detail and understanding of both city and federal accounting guidelines. Discuss methods you use for continuous monitoring and reporting that help maintain compliance, like routine audits or checks.

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What strategies would you use to oversee a team of accountants efficiently?

Share your approach to leadership, including methods you use to foster collaboration and identify strengths within your team. Highlight how regular communication, feedback, and professional development play key roles in your management style.

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How do you handle discrepancies in financial reports?

In your answer, illustrate your methodical problem-solving approach, such as conducting thorough investigations of discrepancies, collaborating with team members for insights, and making necessary adjustments to ensure accuracy in financial reporting.

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What is your experience with preparing monthly financial statements?

Discuss your previous roles in preparing financial statements, mentioning key steps involved, such as compiling data, ensuring accuracy in reports, and how you've reviewed these statements for compliance and presentation to stakeholders.

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Can you provide an example of a time you improved a financial process?

Use the STAR method to detail a specific instance where you identified inefficiencies, implemented an improvement, and the positive outcome it achieved, showcasing your proactive approach to continuous improvement.

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What do you consider the most challenging aspect of the Supervising Accountant position?

A great answer would focus on the critical nature of ensuring compliance under tight deadlines while managing multiple accounts. Discuss your strategies for remaining calm under pressure and consistently delivering accurate results.

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How do you stay updated with the latest accounting regulations?

Share ways you keep informed about changes in accounting regulations, such as attending workshops, participating in relevant professional organizations, and subscribing to industry publications. This demonstrates your commitment to continual learning in your role.

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Why do you want to work as a Supervising Accountant at Adult Protective Services?

This is a chance to express your passion for making a positive impact on people's lives. Tailor your answer to reflect an alignment of APS's mission with your personal values and professional goals, showing why this position excites you.

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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...

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 10, 2025

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