Location: Albany,NY, USA
Please note: State agencies that contact job applicants do not usually request personal or financial information via text message or over the phone in connection with your response to a job posting. If you are contacted for such information by these methods, or any other method, please verify the identity of the individual before transmitting such information to that person.
Note: For questions about the job posting, please contact the agency that posted this position by using the contact information provided on the Contact tab for the position.
Review Vacancy
Date Posted 12/05/24
Applications Due12/19/24
Vacancy ID175097
* Basics
* Schedule
* Location
* Job Specifics
* Contact
NY HELPYes
AgencyState Comptroller, Office of the
TitleSenior Accountant, SG-18, Accountant Trainee 2, (Equated to SG-16), Accountant Trainee 1, (Equated to SG-14)(NYHELPS) Item#08650
Occupational CategoryFinancial, Accounting, Auditing
Salary Grade18
Bargaining UnitPS&T - Professional, Scientific, and Technical (PEF)
Salary RangeFrom $52198 to $82656 Annually
Employment Type Full-Time
Appointment Type Contingent Permanent
Jurisdictional Class Competitive Class
Travel Percentage 0%
Workweek Mon-Fri
Hours Per Week 37.5
Workday
From 8:30 AM
To 4:30 PM
Flextime allowed? No
Mandatory overtime? No
Compressed workweek allowed? Yes
Telecommuting allowed? Yes
County New York
Street Address 110 STATE STREET
City Albany
StateNY
Zip Code12236
Minimum Qualifications Do you want a career with a purpose that provides work/life balance? Apply today to join the Office of the New York State Comptroller.
No exam required under the New York Hiring for Emergency Limited Placement Statewide (NY HELPS) Program:
Non-Competitive Qualifications for appointment under the NYHELPS Program:
For appointment to the Accountant Trainee 1 you must have:
* A bachelor's or higher degree in accounting, auditing, or taxation.
OR
* A bachelor's or higher degree with 24 semester credit hours in accounting, auditing, or taxation courses.
* Note that courses such as business law, economics, statistics, and most finance courses, although taken as part of an accounting curriculum, cannot be counted toward the 24 semester credit hours.
For appointment to the Accountant Trainee 2 you must have:
All requirements for appointment to Accountant Trainee 1 AND
* A master's degree or higher degree in accounting, auditing, or taxation.
OR
* One year of professional experience in accounting/auditing or financial internal or field auditing, where you were responsible for the full range of activities in the design and/or review, analysis and management of accounting systems, resulting in the preparation of, or recommendations on, financial statements in accord with generally accepted accounting principles.
For appointment to the full journey level (Senior Accountant) you must have:
All requirements for appointment to Accountant Trainee 2 AND
* Two years of professional experience in accounting/auditing or financial internal or field auditing, where you were responsible for the full range of activities in the design and/or review, analysis and management of accounting systems, resulting in the preparation of, or recommendations on, financial statements in accord with generally accepted accounting principles.
OR
* A master's or higher degree in accounting, auditing, or taxation AND one year of professional experience in accounting/auditing or financial internal or field auditing, where you were responsible for the full range of activities in the design and/or review, analysis and management of accounting systems, resulting in the preparation of, or recommendations on, financial statements in accord with generally accepted accounting principles.
OR
* A currently valid Certified Public Accountant license and registration issued by New York State.
Competitive Minimum Qualifications:
You must be currently reachable on the appropriate eligible list for this title, eligible under the 55 b/c
program (see below), or eligible to transfer to this title under Section 70.1 of the Civil Service Law.
To determine if you your current Civil Service titles is eligible for transfer to this title, visit the Career
Mobility GOT-IT website: NYS Position: Senior Accountant
Appointments via transfer must not result in a second, consecutive transfer with an advancement of more than two S-grades or one M-grade.
Depending on qualifications, you may be required to serve a 1 or 2-year traineeship that leads to the full level grade 18 position.
To determine if your current Civil Service title is eligible for transfer to this title, visit the Career Mobility GOT-IT website: NYS Position: Accountant Trainee 1
Appointments via transfer must not result in a second, consecutive transfer with an advancement of more than two S-grades or one M-grade.
Depending on qualifications, you may be required to serve a 1 or 2-year traineeship that leads to the full level SG-18 position.
55-b/c:
This position may be designated 55 b/c and is subject to verification of applicant eligibility.
For more information on this program, please visit the NYS Department of Civil Service website, 55b/c Recruitment Resources Center (ny.gov)
Duties Description Request and review tax status documentation for international taxpayers.
* Verify citizenship status of taxpayers including U.S. citizen, resident alien or non-resident alien (NRA).
* Obtain and review documentation mandated by the IRS - Form W-9, Request for Taxpayer Identification Number and Certification, and Form W-8BEN, Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting.
* Maintain tracking spreadsheet and send follow up letters to payees as needed. When status is determined to be NRA, apply applicable withholding rates.
* In cases where tax treaty exists between the U.S. and payee's home country, ensure correct reduced rate of withholding is applied to payment.
* When NRA withholding is made, include IRS payment in the daily tax liability calculation.
* Other Duties as Assigned
Maintain tax related records
* Perform tax related maintenance including pensioner tax withholding changes via IRS Form W-4, and current and adjustments to prior year 1099-R records.
Correspondence with members/retirees
* Written and verbal correspondence with members/retirees regarding tax-related questions and issues of varying complexity.
Apply rules and regulations to distributions from the System
* Obtain a general understanding and knowledge of relevant sections of the Internal Revenue Code and the New York State Retirement and Social Security Laws that pertain to distributions paid by the Retirement System.
* This includes but is not limited to, basic calculations and common tax issues related to payments and reporting of member loans, withdrawals, pension benefits, death benefits, eligibility to roll-over distributions, and mandatory and optional federal tax withholding.
Daily federal withholding tax reconciliation and remittance to the IRS on behalf of the Retirement System members and retirees.
* Calculate the federal tax liability for the Employees' Retirement System (ERS) and Police and Fire Retirement System (PFRS) every business day using MEBEL and General Ledger reports.
* Reconcile and enter prior day liability into MEBEL system to be uploaded to General Ledger.
* Enter current day liability on JP Morgan Chase for daily ACH payment to the IRS.
Prepare required IRS documentation
* Maintain and reconcile records of data used to prepare annual IRS Form 945, 945-A, 1042, and 1042-A. Prepare annual IRS Forms.
Research tax issues
* Assist Associate Accountant with research of tax issues affecting Retirement System operations.
* This may include existing laws and proposed changes in the Internal Revenue Code.
* Must be familiar with both printed and electronic media technology sources.
Participate in Calendar Year End Processing
* Assist Associate Accountant in preparing, reviewing and verifying data and reports used to reconcile payment data for annual reporting purposes to the IRS and to System payees.
Complete insurance statements and income verification requests
* Use MEBEL system information to prepare IRS Form 712 - Life Insurance Statement.
* Use MEBEL system information to respond to income verification requests from government agencies, financial institutions, or other entities.
Additional Comments Knowledge, Skills, and Abilities:
* Excellent written communication skills, with knowledge of rules for business writing, proper spelling, grammar, and punctuation. Excellent verbal communication skills and the ability to interact professionally with internal and external business partners
* Knowledge of or ability to learn IRS regulations pertaining to governmental defined benefit plans
* Knowledge and proficiency with computer applications such as Microsoft Excel and Word
* Ability to manage several activities simultaneously while maintaining accuracy and quality of work
* Ability to meet deadlines while maintaining accuracy and quality of work
* Attentive to detail
Telecommuting:
The Office of the New York State Comptroller (OSC) supports telecommuting where it is reasonable to do so based upon the agency's mission and operational needs. Generally, employees new to OSC will be restricted from telecommuting for at least 8 calendar weeks. After the initial 8 calendar week restriction, if an employee's primary residence location, duties, and work performance are aligned with telecommuting and operational needs they may be allowed to do so. Generally, OSC employees may telecommute up to 5 days per pay period but may be approved to telecommute less.
Reasonable Accommodation:
The NYS Office of the State Comptroller provides reasonable accommodations to applicants with disabilities. If you need reasonable accommodation for any part of the application and hiring process, please notify the Division of Human Resources at (518) ###-####.
Equal Opportunity Employment:
The Office of the NYS Comptroller values a workforce with a broad, diverse range of backgrounds and perspectives. All employees are expected to contribute to a professional environment focused on self-evaluation and improvement, as well as acceptance and support of coworkers.
Some positions may require additional credentials or a background check to verify your identity.
Name Takeitha Kelley
Telephone 518#######
Fax (518)-###-####
Email Address ...@osc.ny.gov
Address
Street Office of the New York State Comptroller, Division of Human Resources
110 State Street, 12th Floor
City Albany
State NY
Zip Code 12236
Notes on ApplyingSubmit a clear, concise cover letter and resume to no later than December 19, 2024.
Unofficial transcripts and/or templates will be required for certain positions. To access this job vacancy,
copy the link above and paste it into your web browser. Documents must be sent as unlocked and
accessible attachments.
Reference Item #08650-TBK on your cover letter for proper routing.
If you have questions about this vacancy, please contact this Division representative:
Division contact: Katrina Connelly, ...@osc.ny.gov