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Staff Accountant, Payroll Accounting

Job ID: 60263
Department: Comptroller
Location: 2 Montgomery Street

Description

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.
  • Produces weekly wire transfers for New York State Deferred Compensation, PATH Federal Credit Union and the Bank Reimbursement wire to Industrial Bank.
  • Supports for weekly PATH payroll process and assists with the weekly PATH GL Interface process. Responsible for monthly union dues payments to various PATH unions.
  • Analyzes various PA and PATH balance sheet accounts at the end of the month and posts monthly JV entries and adjustments.
  • 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 annual VDCP data on Financial Statements Note I-b for the respective fiscal year.
  • Prepares the monthly Bank Reconciliation and provides monthly bank remittance to Industrial Bank and Financial Accounting & Reporting Division.
  • Responsible for special projects as deemed necessary by the Manager or Supervisor that include but are not limited to: reviews retroactive back pay payments for respective PATH unions upon the settlement of respective unions’ contacts; analyzes monthly payroll labor variances and prepares for Comptroller’s Roundtable financial meeting; performs outstanding payroll checks review for PA employees; and proceed with PA/PATH Payroll Calendars on the annual basis.

Qualifications

Candidates must present the following qualifications to be considered eligible for this position:

  • 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 5 years of relevant work experience can be accepted.

Desired

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

How to Apply:

Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a combined cover letter and 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 $23 billion in annual wages and $80 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.

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