Director of Accounting Standards and Risk Management_

New York

Job Description

NOTE: This position is open to only to current City of New York employees serving in a permanent Civil Service title of Administrative Accountant; or, those who are currently reachable on the civil service list for the Administrative Accountant title.

To be considered for this position, PLEASE CLEARLY INDICATE YOUR CURRENT PERMANENT CIVIL SERVICE TITLE and/or your score & list number on the civil service exam for the Administrative Accountant title on your resume and cover letter.

The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller’s office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together.

The Bureau of Accountancy is responsible for the preparation and fair presentation of the City’s accounting and financial statements. It is also responsible for preparing the Annual Comprehensive Financial Report (ACFR), which provides transparency into the City of New York’s financial health and integrity. In addition to promoting fiscal stability through the production of the ACFR, the Bureau of Accountancy ensures that the City’s vendor database is accurate and up to date to allow for efficiency in the processing of payments for businesses and individuals who are in contract with the City, as well as claims, workers’ compensation, labor law, line of duty, certificate of residency and all vendor payments in general. These efforts gain the public’s trust and allow for continued assessment into the City’s financial transactions to identity opportunities for improvement and engage with City agencies to ensure results.

This role reports directly to the Deputy Comptroller for Accountancy as it directly impacts accounting standards used to produce the City’s Annual Comprehensive Financial Report. The individual will have a generous amount of latitude with respect to research, direction and selected approach for implementation of governmental accounting standards as well as designing the risk management approach to use in assessing the Bureau’s controls that may be susceptible to risk.

The duties and responsibilities of the position include, but are not limited to, the following:

- Monitor, track and provide feedback on various governmental accounting standards that are in the pipeline of review issued by the governmental accounting standards board (GASB);

- Research, design and implement the City’s approach to implementing GASB standards and overseeing the planning process;

- Review and draft related financial note disclosures and management discussion and analysis sections that correlate to the standards;

- Oversee the Comptroller’s list of prequalified CPA firms, as established by procurement policy board rules;

- Review Comptroller’s Directive waivers to understand operational implications and provide suggestions for response and/or further inquiries;

- Design an enterprise risk management approach for the Bureau that entails identifying and mitigating potential risk that could impact performance;

- Establish a methodology and implement a framework that consists of ongoing testing of operational controls and periodic reviews while assessing inherent risks within operational procedures;

- Perform other related work and assignments including supervision of one or more projects as may be required.

QUALIFICATIONS/SKILLS REQUIREMENTS: All applicants must be current City of New York employees serving in a permanent Civil Service title of Administrative Accountant; or, currently be reachable on the civil service list for the Administrative Accountant title.

To be considered for this position, PLEASE CLEARLY INDICATE YOUR CURRENT PERMANENT CIVIL SERVICE TITLE and/or your score & list number on the civil service exam for the Administrative Accountant title on your resume and cover letter.

Qualifications

1. A baccalaureate degree from an accredited college or university, including or supplemented by 24 semester credits in accounting, including one course each in advanced accounting and auditing, and four years of satisfactory full-time professional accounting or auditing experience, at least 18 months of which must have been in an administrative, managerial, or executive capacity or supervising a staff performing accounting or auditing work; or

2. A valid New York State Certified Public Accountant license and at least 18 months of satisfactory full-time professional accounting or auditing experience in an administrative, managerial or executive capacity or supervising a staff performing accounting or auditing work.

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.