What are the responsibilities and job description for the Staff Accountant, Payroll Accounting position at Port Authority of New York and New Jersey?
Description
About the Role
As a reporting Department to the Chief Financial Officer, the Comptroller’s Department is a team of dedicated professionals who ensure the accuracy of the Port Authority’s finances. As part of the Comptroller’s Department team, you will gain insight and experience surrounding the agency’s financial structure and internal control processes as well as knowledge of the operations of our various lines of business, giving you extensive opportunities for a long-term career at the Port Authority.
Responsibilities
Under the direction of the Staff Accounting Supervisor, the selected candidate's responsibilities include, but are not limited to:
Works with and communicates daily with PATH timekeepers, employees, and outside representatives regarding queries about additional payments, deferred compensation, union dues, direct deposits and Federal and state tax forms.
Responsible for weekly input of additional payments, general deductions, direct deposits and tax information into Peoplesoft system and preparing monthly union dues payments.
Produces weekly wire transfers for New York State Deferred Compensation, PATH Federal Credit Union and the Bank Reimbursement wire to Citi Bank.
Supports for weekly PATH payroll process and assists with the weekly PATH GL Interface process and annual Payroll calendar.
Analyzes various PA and PATH balance sheet accounts at the end of the month and assists with posting monthly JV entries and adjustments.
Analyze monthly payroll labor variances and prepare Dashboard discussion for Comptroller's Roundtable financial meeting.
Coordinate the review on retroactive back pay payments for respective PATH unions upon the settlement of respective unions' contacts.
Perform outstanding payroll checks review for PA employees and preparation and preparation of the annual VDCP note for the Financial Statements.
Responsible for the preparation and reconciliation of the bi-weekly payments to TIAA-CREF for the Voluntary Defined Contribution Plan, including maintaining logs for participating employee contributions and the corresponding balance sheets.
Prepares the monthly Bank Reconciliations and provide the monthly bank remittance to Citi Bank and the Financial Accounting & Reporting Division.
Complete special assignments. Ensure complex and/or sensitive data is compiled, documented and presented in a clear and concise manner.
Minimum Qualifications
Bachelor's Degree in Accounting or Corporate Finance from an accredited college or university with a minimum of 1 years of relevant work experience.
In lieu of bachelor's degree a minimum of 3 years of relevant work experience can be accepted.
Desired Qualifications
Ideal candidates will present the following profile:
Demonstrated ability to handle multiple assignments, meet deadlines, work independently and prioritize work
Demonstrated analytical and problem solving skills with a strong understanding of accounting
Ability to interact effectively with internal staff at all levels and external business partners
Ability to perform effectively under pressure
Knowledge of the Port Authority accounting and financial structure
Excellent decision-making skills
Strong written, oral and interpersonal communication skills
Thorough working knowledge of Microsoft Office Suite application
Understanding of PeopleSoft and SAP
Selection Process
The application process varies by position, but typically includes an initial phone interview for qualified candidates, followed by a more in-depth interview(s) and/or assessment(s). Selected candidates who are made a conditional job offer will be asked to undergo a background check.
Compensation & Benefits
The Port Authority of New York and New Jersey offers a competitive benefits package and a professional environment that supports development and recognizes achievement.
Click here for more information about benefits, our culture, and career development opportunities.
How to Apply:
Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a resume. The Port Authority of NY & NJ welcomes veteran and military spouse applications.
Only applicants under consideration will be contacted.
About The Port Authority:
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than twenty three billion in annual wages and eighty billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.
Equal Opportunity Employer
The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.