Senior Accountant

The New York State Environmental Facilities Corporation (EFC), a public benefit corporation, aids local governments and other eligible applicants throughout New York State to undertake critical water quality infrastructure projects by providing access to low-cost financing capital, grants, and expert technical assistance.

EFC is committed to fostering an inclusive workplace that values respect, diversity, and the unique perspectives of all individuals. To support our employees, EFC provides an outstanding benefits package similar to that offered to New York State employees. Our total compensation package includes, but is not limited to, leave benefits (Paid Parental Leave, 13 holidays and paid vacation, sick, and personal leave);

a comprehensive health insurance program including medical, prescription drug, dental, and vision plans; and membership in either the NYS and Local Retirement System, which is a defined retirement plan, or the Voluntary Defined Contribution Program.

The Senior Accountant reports to the Senior Accounting Manager in the Accounting Unit of the Division of Finance and Accounting. This position plays a key role in supporting the financial operations, reporting, and disclosure efforts of EFC. The Senior Accountant is responsible for gathering, compiling and updating financial data and records to support the Corporation’s accounting activities; including journal entries, account reconciliations, financial statement preparation and audit support.

• Assist in the preparation of annual audited financial statements, including EFC’s Statement of Net Position, Statement of Revenues, Expenses and Changes in Net Position, and the Statement of Cash Flows.
• Prepare monthly financial statements by fund and consolidated program area.
• Maintain monthly accounting workbook, trial balance, and underlying schedules.
• Review and oversee the recording of cash transactions coded to general ledger accounts and funds.
• Enter adjusting and complex journal entries into general ledger.
• Perform monthly variance-to-budget analyses and work with program staff to identify, research and explain significant variances.
• Evaluate bond payable/receivable schedules and corresponding journal entries for current month’s amortizations.
• Verify payments, disbursements, and transfers with supporting accounting documentation to ensure accuracy.
• Reconcile accounts with bank statements and control ledgers and resolve any discrepancies.
• Provide audit support, including preparing supporting schedules and coordinating auditor requests.
• Support the preparation and maintenance of depreciation schedules, capital asset tracking, and related accounting entries.
• Monitor recipients of federal funding to ensure Single Audit compliance.
• Research and implement new GASB pronouncements.
• Provide backup support for other Accounting Unit functions as needed.

A Bachelor’s degree in Accounting and 2-4 years of experience in auditing, accounting, or financial statement preparation is required. Additional consideration may be given to candidates with a Master’s degree in Accounting, an MBA, or who hold (or are actively pursuing) a CPA license.

• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Financial Statement preparation
• Fund Accounting
• Bank account reconciliation
• Advanced Microsoft Excel skills, including Power Query
• Strong analytical abilities with careful attention to detail and accuracy
• Intellectual curiosity and a desire to fully understand and master new information
• Ability to work with minimal supervision and a willingness to work independently

Work is performed primarily in an office setting and involves routine use of standard office equipment, including computers. This position requires sitting or standing for extended periods, communicating effectively, and handling documentation and other office materials.

Salary will be based on experience and qualifications, as well as market and business considerations.

Employees may request to telecommute up to two days per week after the completion of…