Deputy Director Treasury and Investment Accounting - City of New York : Job Details

Job Description

Primary Responsibilities include but are not limited to the following:

- Manage team of 2 to ensure the accurate and timely recording of all Treasury cash movements and investments in the Oracle GL. This encompasses roughly 70 bank accounts and NYCHAs

$1.1 billion investment portfolio comprised of cash deposits, repo and U.S. government and agency securities.

- Review and approve accounting journal entries related to:

a) investment activities including purchases, maturities, calls and sales of securities, accrued interest, coupon payment and interest

collection.

b) cash management activities

c) Prepaid Credit Card activities.

- Make investment recommendations and execute trades consistent with HUD requirements for NYCHA portfolio, including Tenant Security Deposits.

- Monitor performance and prepare reporting including annual investment resolution report for NYCHA Board.

- Manage relationships with brokers/dealers/banks to execute trades and ensure proper fiscal controls of investments.

- Manage collateral posting by counterparties to ensure compliance with HUD guidelines.

- Manage the Authoritys fiscal agent obligations. Monitor, record and reconcile fiscal agent account activity and timely payment of debt service/loan obligations.

- Use Financial Information Systems (Bloomberg, etc.) to obtain and analyze financial and investment related data and forecast interest.

- Develop financial reports for senior management.

- Coordinate and provide explanations and record for all audit requests.

- Special projects/analysis as assigned by Treasurer.

Backup Responsibilities: Provides Back up support to:

- Prepare daily investment worksheets, including any investment wire transfers for the purchases, maturities and calls.

- Input any new investments through the JP Morgan Access/Transaction Initiation system.

- Monitor any calls though the JP Morgan Access/Views Portfolio Reporting.

- Prepare and process investment journal entries.

- All required investment related transactions and operations.

Additional Information

1. Due to the existence of a civil service list, candidates must have permanent civil service status in the title of Administrative Accountant to apply.

2. For NYCHA employees, employees applying for transfer, promotional, title or level change opportunities must have served a period of one year at current location and in current title and level

(if applicable).

3. INTERAGENCY TRANSFERS INTO NYCHA OF THOSE PERMANENT IN TITLE ARE NOT PERMITTED IN THE FACE OF AN ACTIVE AND VIABLE NYCHA PROMOTION LIST OR

PREFERRED LIST FOR THE SAME TITLE.

NOTES: This position is open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate in your cover letter that you would like to be considered for the position under the 55-a Program. For detailed information regarding the 55-a Program, visit the link below:

Please read this posting carefully to make certain you meet the qualification requirements before applying to this position.

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.