What are the responsibilities and job description for the Finance Specialist - A/B (Payroll) position at NYC School Construction Authority (SCA)?
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The Fiscal Services Division is responsible for developing, planning and monitoring the SCA’s operating budget, creating and monitoring project budgets for all projects, preparation of year-end financial reports and management of banking relationships as well as processing all payments. Fiscal Services also provides financial reports to OMB which are used to support City bond sales and submits project data to the State Education Department that allows NYC to receive building aid funding.
Job Description Summary
The Finance Specialist reports to the payroll supervisor and is responsible for performing tasks in the areas of payroll and timekeeping.
Job Description
Responsibilities include:
Civil Service Classification: Competitive
Salary
Level A:
Appointment Rate: $68,944.00
Incumbent Rate: $79,286.00
Level B
Appointment Rate: $80,126.00
Incumbent Rate: $92,145.00
Subject to the provisions of the Collective Bargaining Agreement, the appointment rate for any newly hired employee, or employees with less than two years of active City or SCA service, shall be 15% less than the applicable incumbent rate.or step.
Education
Baccalaureate: Accounting, Finance or related field
Certifications (if Required)
Work Experience
One year of full time experience in accounting, payroll, timekeeping or budget related area; or a satisfactory combination of education and experience.
The New York City School Construction Authority (NYCSCA) 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. In addition, the NYCSCA will provide reasonable accommodations for qualified individuals with disabilities.
We Offer Excellent Benefits Including
The Fiscal Services Division is responsible for developing, planning and monitoring the SCA’s operating budget, creating and monitoring project budgets for all projects, preparation of year-end financial reports and management of banking relationships as well as processing all payments. Fiscal Services also provides financial reports to OMB which are used to support City bond sales and submits project data to the State Education Department that allows NYC to receive building aid funding.
Job Description Summary
The Finance Specialist reports to the payroll supervisor and is responsible for performing tasks in the areas of payroll and timekeeping.
Job Description
Responsibilities include:
- Maintain and process payroll/timekeeping records and changes such as salary changes, job changes, deduction changes, new hires and terminations;
- Performs calculation such as wage computation, overtime payment, other earnings and deductions;
- Prepares payroll reconciliation such as earnings, deductions and taxes;
- Prepares and distribute payroll reports to external organizations/agencies;
- Reconciles data discrepancies between internal and external payroll records;
- Monitor employee timesheets for timely and accurate submission and compliance with policy.
- Review internal financial systems, databases, and/or documents for accuracy and completeness of financial records and balances; Provides customer service to internal and external constituents;
- Reviews payroll and timekeeping documents prepared by junior team member;
- Perform audits and participate in special projects as needed;
- Assists in filing and archiving payroll documents
- Proven experience in a payroll position required
- Strong analytical and problem-solving skills
- Strong organizational skills
- Excellent verbal and written communication skills
- Knowledge of tax and wage laws
- Strong computer literacy including proficiency in MS Office applications
- Ability to work effectively with minimal supervision
- Baccalaureate Accounting, Finance, or related field; plus
- Finance Specialist – A: One year of full-time experience in payroll and timekeeping related area
- Finance Specialist – B: Two years of full-time experience in accounting, payroll, timekeeping, or budget related area;
- OR
- A satisfactory combination of education and experience.
Civil Service Classification: Competitive
Salary
Level A:
Appointment Rate: $68,944.00
Incumbent Rate: $79,286.00
Level B
Appointment Rate: $80,126.00
Incumbent Rate: $92,145.00
Subject to the provisions of the Collective Bargaining Agreement, the appointment rate for any newly hired employee, or employees with less than two years of active City or SCA service, shall be 15% less than the applicable incumbent rate.or step.
Education
Baccalaureate: Accounting, Finance or related field
Certifications (if Required)
Work Experience
One year of full time experience in accounting, payroll, timekeeping or budget related area; or a satisfactory combination of education and experience.
The New York City School Construction Authority (NYCSCA) 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. In addition, the NYCSCA will provide reasonable accommodations for qualified individuals with disabilities.
We Offer Excellent Benefits Including
- Medical (100% employer paid for basic coverage available)
- Prescription drug option
- Dental and Vision coverage
- NYC Qualified Pension Plan
- Optional Retirement Savings Plans including 401K, 457 and IRA options
- Transit Check Program
- Public Loan Forgiveness Program
- Competitive paid time off (PTO) benefits
Salary : $68,944 - $92,145