Review Vacancy

Date Posted: 05/09/22
Applications Due: 05/24/22
Vacancy ID: 104517

Position Information

AgencyTeachers' Retirement System

TitleAccountant Trainee 1

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade14

Bargaining UnitCSEA Local 658 (NYS Teachers’ Retirement System)

Salary RangeFrom $52961 to $66141 Annually

Employment Type Full-Time

Appointment Type Contingent Permanent

Jurisdictional Class Competitive Class

Travel Percentage 0%


Workweek Mon-Fri

Hours Per Week 37.5


From 8 AM

To 4:30 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No


County Albany

Street Address 10 Corporate Woods Dr.

City Albany


Zip Code12211

Job Specifics

Minimum Qualifications EITHER: 1) Reachable on the Civil Service eligible list; OR 2) Eligible for reassignment by virtue of having permanent competitive service as a Senior Accountant (G-18); OR 3)Eligible for transfer under the provisions of the Civil Service Law by virtue of having one year of permanent competitive service in an appropriate title.

Preferred Qualifications:
- Strong understanding of financial and business operations
- Exceptional skills in financial and operational risk identification and mitigation
- Ability to design and implement financial controls that balance effectiveness and efficiency
- Strong understanding of accounting principles and concepts
- Strong functional knowledge of PeopleSoft, or similar financial/enterprise software
- Exceptional business analysis skills, particularly in accounting and finance business processes
- Ability to manage multiple priorities
- Ability to document business processes in narratives and flowcharts
- Ability to successfully collaborate with other units and departments to achieve positive outcomes
- Ability to think and act both tactically and strategically in improving how the Finance Department delivers services to internal and external customers
- Ability to effectively communicate with internal and external stakeholders
- Critical thinking skills
- Desire to improve processes
- Ownership mentality
- Professional certification(s) related to accounting, internal controls, and/or risk management
- Excellent oral and written communication and presentation skills
- Desire to provide exceptional customer service
- Ability and desire to build strong, cooperative team relationships

Duties Description Under the direction of an Associate Accountant, the Senior Accountant will work in the Analysis, Risk, and Control Unit within the Finance Department. The Analysis, Risk, and Control Unit is responsible for the evaluation of Finance Department internal controls, risks, and operations to improve effectiveness, efficiency, and compliance. The unit also serves as the liaison to the Risk Management and Internal Audit departments.
The Senior Accountant is responsible for, but not limited to the following duties:

- Participate in identification and analysis of financial and operational risks
- Review, design, and implement internal controls
- Participate in the review of Finance Department policies and procedures against established best practices and current practices
- Assist in maintaining and reviewing Finance Department polices, forms, and internal operating manual
- Perform compliance reviews and monitoring of Finance Department processes
- Assist and lead process improvement initiatives
- Develop, review, and test the Finance Department’s business continuity plan and operational resilience plans
- Provide scheduled and ad hoc analysis to Finance Management and customer departments
- Review and release ACH transactions and wires
- Act as an administrator for the depository bank and procurement card programs
- Coordinate physical and system access rights for the Finance Department
- Coordinate the accumulation and reporting of Finance Department operating statistics
- Other duties as assigned

There are currently no mandatory re-employment lists at this time. However, please note that if such a list is certified against this title prior to the completion of the selection process, candidates applying based on eligible list standing or transferability under Civil Service Law can no longer be considered.
The work hours of this position are subject to change in accordance with Article 12 of the collective bargaining agreement.
Appointment Information
Most employees will be appointed to the Trainee 1 job title.
Appointments to this job title require a two-year traineeship that starts at the Trainee 1, G-14, and advances, after one year of acceptable performance, to Trainee 2, G-16. After one year of acceptable performance as a Trainee 2, employees advance to the Senior Accountant, G-18, job title described above. No further Civil Service examination is required for advancement from Trainee 1 to Trainee 2, or from Trainee 2 to the Senior Accountant.
You must meet the requirements below to qualify for this title:
A bachelor’s or higher degree in accounting, auditing, or taxation;
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.

In order to be considered for this position, you are required to complete a NYSTRS’ employment application for the position you are applying for. The link to the employment application is below.

Please note that resumes will not be accepted as a substitute, in whole or part, for a completed application.

Some positions may require additional credentials or a background check to verify your identity.

Contact Information

Name Janelle Serritella

Telephone 518-447-8870


Email Address


Street 10 Corporate Woods Dr.

City Albany

State NY

Zip Code 12211


Notes on ApplyingIn order to be considered for this position, you are required to complete a NYSTRS’ employment application for the position you are applying for. The link to the employment application is below.

Please note that resumes will not be accepted as a substitute, in whole or part, for a completed application.