Government Accounting Specialist

<Overview>
Join our dynamic team as a Government Accounting Specialist and play a vital role in managing and ensuring the accuracy of governmental financial operations. This position offers an exciting opportunity to work within a fast-paced environment dedicated to public service, where your expertise in government accounting principles and financial management will directly impact community programs and initiatives. You will be responsible for maintaining compliance with regulatory standards, preparing detailed financial reports, and supporting fiscal transparency across various government agencies.

<Responsibilities>

• Oversee general ledger accounting, ensuring all transactions are accurately recorded in accordance with GAAP (Generally Accepted Accounting Principles) and governmental accounting standards.
• Prepare, analyze, and interpret complex financial statements, including balance sheets, income statements, and cash flow reports to support decision-making processes.
• Conduct account reconciliation procedures such as bank reconciliations, account analysis, and ledger reviews to maintain data integrity.
• Manage accounts payable and receivable processes, ensuring timely processing of invoices, payments, and collections while adhering to regulatory reporting requirements.
• Perform budget analysis, forecasting, and financial planning activities to support fiscal responsibility and strategic initiatives.
• Maintain compliance with SOX (Sarbanes-Oxley Act) controls and other regulatory frameworks relevant to public sector finance.
• Support internal audits and external reviews by providing necessary documentation, audit trail records, and financial data interpretation.
• Mentor junior staff members by providing guidance on technical accounting practices such as double entry bookkeeping, journal entries, and account reconciliation procedures.

<Skills>

• Strong knowledge of governmental accounting standards and practices including GAAP and specific regulations like LIHTC (Low-Income Housing Tax Credit) compliance.
• Proficiency with accounting software such as Sage, Xero, or other financial management tools tailored for public sector use.
• Experience with technical accounting concepts including accrual accounting, financial statement preparation, and regulatory reporting requirements.
• Familiarity with securities law as it pertains to government investments or bond issuance is a plus.
• Demonstrated ability in financial analysis, cash flow analysis, bank reconciliation, and budget management.
• Excellent skills in financial report writing and interpretation to communicate complex data clearly to stakeholders.
• Ability to mentor team members in best practices for account reconciliation, journal entries, and general ledger management.
• Strong understanding of tax experience related to non-profit organizations or government entities is advantageous. This role offers an engaging environment where your expertise will support transparency and accountability in public finance operations. We seek motivated professionals eager to contribute their skills toward impactful government initiatives while advancing their careers in a collaborative setting dedicated to excellence in financial management.

Pay: $65,311.99 - $78,655.30 per year

Benefits:

• 401(k)
• Health insurance

Work Location: Hybrid remote in Bronx, NY 10468