Review Vacancy
AgencyDASNY - Dormitory Authority of the State of New York
TitleSr. Accountant II (Treasury)
Occupational CategoryOther Professional Careers
Salary RangeFrom $72744 to $88521 Annually
Minimum Qualifications Minimum Qualifications
Bachelor's degree in Accounting, Finance, Business Administration, or related field plus four years relevant experience in cash management. Prior banking or investment operations experience.
Preferred Qualifications
Bachelor's degree in Accounting, Finance, Business Administration or related field plus five or more years’ experience in treasury/cash management or banking, investments operation and/or public finance, including treasury workstation and bank software experience. Two years supervisory experience.
Essential Skills
• Working knowledge of various fixed income investments and related financial markets.
• Working knowledge of cash management products.
• Familiarity with cash/bank management systems, Treasury Management Systems (TMS)
• Demonstrated ability to work independently, exercise sound judgment and take initiative.
• Demonstrated analytical and conceptual skills.
• Strong interpersonal skills.
• Ability to handle multiple tasks under tight deadlines.
• Demonstrated organizational skills and ability to prioritize.
• Demonstrated accuracy and attention to detail.
• Excellent mathematical skills.
• Excellent oral and written communications skills.
• Proficiency in PC applications such as Microsoft Outlook, Excel, Access and Word.
Duties Description Primary Purpose
Working independently, the Senior Accountant II performs various complex professional functions, including the monitoring, review, analysis and reporting of investments and other financial activities, and ensuring the integrity of DASNY’s financial systems. The Senior Accountant II will support all aspects of Cash Management activities. This includes assisting with the development of cash management banking solutions and supporting the cash forecasting process.
Essential Functions
• Independently review and analyze financial data/statements for accuracy, completeness and compliance with laws, standards, policies and/or terms of a contract/agreement/bond issue, etc.
• Supervise the daily operations of the subunit, including the purchase, sale and re-investment of securities, monitoring of cash balances, transfer of cash for scheduled and off-cycle check runs.
• Exercise sound judgement in matters of financial significance, such as investment and sale of securities and disbursements to clients and vendors.
• Analyze financial discrepancies between records, reports and systems and coordinate resolution.
• Review and approve wire transfers, maturity schedules, investment activity, bid sheets, and other financial data.
• Coordinate off-cycle payment dates with the Accounts Payable Unit.
• Serves as an authorized person with the ability to approve the transfer of rehabilitation and operating funds held with DASNY’s corporate custodian.
• Track investment earnings in bond proceeds accounts and prepare letters directing transfer to the appropriate debt service fund.
• Assist with the review of restricted reinvestment instructions and serve as backup to the reinvestment process.
• Reconcile data from various sources to PC applications, databases, and the general ledger.
• Maintain systems applications/databases/treasury workstation and test upgrades.
• Perform and review complex financial calculations.
• Ensure accurate maintenance of custodial bank accounts, account balances, bank or Treasury systems and bank cost information.
• Review monthly account analysis statement to ensure accuracy and suggest cost saving measures.
• Track potential rebates earned under DASNY’s Comprehensive Payables Program.
• Assist with the opening and closing of bank accounts.
• Review and approve various financial transactions/documents such as re-investments and daily investment collateral transactions.
• Review each institution's compliance with certain covenants of the bond documents, i.e. reserve fund requirements.
• Monitor compliance by brokers, banks and trustees with DASNY investment guidelines.
• Coordinate quarterly broker-dealer rotation schedules.
• Provide assistance to clients with questions concerning the investment of their construction fund proceeds.
• Provide significant assistance with the annual audit including preparation and review of schedules and supporting documentation for footnotes.
• Perform database management in a treasury workstation or in Excel.
• Assist with the implementation of treasury systems/workstation, bank software or other treasury technology and trains staff on those systems.
• Assist with the development and maintenance of the investment system and electronic trading platforms, including set-up and maintenance of records, interfaces, periodic processes, and troubleshooting.
• Assist with the preparation of various financial reports for management, the DASNY Board of Directors and external clients, including the Quarterly Treasurer’s and Annual Investment Reports.
• Prepare and review annual information/reports for the Public Authorities Accountability Act Report and the Office of the State Comptroller’s Public Authority Reporting Information System.
• Assist with the monitoring of performance measures and unit goals and objectives.
Other Duties and Responsibilities
• Supervise, train and evaluate employees.
• Assist with the development, documentation, and implementation of procedures.
• Assist with the assessment, development and implementation of internal controls, and participate in the review and testing of same.
• Undertake special assignments as directed.
• Must maintain regular attendance in accordance with DASNY attendance and leave policies.
• Must adhere to the NYS Information Security Policy Standards established and issued by the Office of Cyber Security and Critical Infrastructure Coordination. (Standards can be found on the Intranet).
Additional Comments Supervision
Supervision of employees may be required. Details to be provided at time of posting notice.
Physical/Mental/Visual Demands
Occasional travel may be required using public transportation, DASNY vehicle, rental vehicle or personal vehicle. This travel may include overnight stays at public accommodations and related establishments. Requires complex and time-pressured decision-making. Must be able to work overtime or extended work hours as needed.
Work Environment
Standard office environment, including the use of one or more of the following: PC, telephone, fax machine, printer, copier, electronic stapler/hole punch/date stamp, shredder.
DASNY is an Equal Employment Opportunity employer committed to excellence and diversity.
All qualified candidates are encouraged to apply.
Some positions may require additional credentials or a background check to verify your identity.