Job Description
Job Description
About Us:
Building Services 32BJ Benefit Funds (“the Funds”) is the umbrella organization responsible for administering Health, Pension, Retirement Savings, Training, and Legal Services benefits to over 100,000 SEIU 32BJ members. Our mission is to make significant contributions to the lives of our members by providing high quality benefits and services. Through our commitment, we embody five core values: Flexibility, Initiative, Respect, Sustainability, and Teamwork (FIRST). By following our core values, employees are open to different and new ways of doing things, take active steps to improve the organization, create an environment of trust and respect, approach their work with the intent of a positive outcome, and work collaboratively with colleagues.
The Funds oversees and manages $11.3 billion dollars in assets, which are made up of many, varied and complex funds. The dollars come from a number of sources, including the property owners who pay into the funds on behalf of their employees, and as such, requires those who oversee and manage the money to be highly skilled financial management people.
The Funds is focused on providing our employees with a healthy work/life balance. In our continued commitment to our employees, we offer generous benefits that include premiums fully paid by the employer for health insurance (family coverage included), employer-paid contributions to a 401(K), employer-paid pension, education and training opportunities, and many more great benefits. We also provide generous paid time off!
Please take a moment to watch our video to learn more about our culture and contributions to our members: youtu.be/hYNdMGLn19A
Position Summary:
The Senior Accountant works under the general direction of the Accounting Manager/Controller. The position assists in ensuring the accurate and timely preparation of Financial Statements by recording and reconciling financial activity of the assigned Fund(s). The position also provides oversight and review of the work of Staff Accountant(s) level I and II.
Other responsibilities include but are not limited to; review of other Financial Statements assigned to Staff Accountants, review of Account Payable account coding, assist with bank activities, cash flows, review of Government filings, prepare journal entries for the month-end close, Investment and Bank Reconciliation reviews and assist with audits as necessary.
Principal Duties and Responsibilities:
- Prepare Financial Statements and provide year-over-year variance explanations
- Review Departmental Budget to Actual reports on a quarterly basis including analysis and variance explanations, as well as providing valuable insights to Department Leads
- Reconciles expenses with Department Leads ensuring proper coding
- Analyze and review all General Ledger activity within accounts including researching and correcting any variances and identifying potential issues
- Recommend internal control and policy/procedure improvements if necessary
- Assist in the preparation of the Annual and Quarterly filings such as: Form 5500, Form 990T, Form 990, Form 8955, Form 945 and Pension Benefit Guaranty Corp. Filings
- Become a trusted advisor to the accounting partners and manage expectations
- Analyze current procedures and recommend changes to develop and implement best practice accounting procedures
- Work on developing and maintaining effective and efficient business processes
- Perform various project-based work as needed to implement greater efficiencies, scalability, and controls
- Must have solid working knowledge of Financial Management from daily operation to forecasting and Budgeting of Fund(s)
- Manage conflicting deadlines and priorities as assigned. Quickly adapt to changing priorities, managing and clearly communicating deadline risks as new tasks and projects arise
- Perform any other relevant, related or pertinent work or duties as requested or assigned by the Accounting Management Team, Senior Management or designee
Qualifications and Core Competencies:
- Bachelor’s Degree in Accounting or Finance
- 5+ years of experience as an Accountant
- Respects timelines set to complete work projects
- Prioritizes work flows and escalates time sensitive matters
- Consistently seeks best practices in accounting policies and procedures
- Seeks ways to work more efficiently and effectively while not losing sight of departmental goals
- Follows up with requests and assignments seeing them through completion
- Assists with other tasks as necessary
Technical Skills:
- Intermediate level of proficiency in Microsoft office, including Excel, Word, Outlook & PowerPoint[HS2]
- Ability to present to multiple levels of Management/Trustees
- Ability to translate accounting terminology to understandable language
- Knowledge of Microsoft Dynamics F&O (or equivalent) preferred
- Strong analytical, problem solving and decision-making skills
- Detail oriented with proven ability to multitask
- Knowledge of GAAP
Interpersonal Skills:
- Build and maintain strong working relationships
- Tailor communication to the needs of others
- Strong oral, written and interpersonal skills
- Demonstrated customer service orientation skills
- Ability to work both independently and as a team player