Administrative Retirement Benefits Specialist, M5

City of New York; New York (NY); Hybrid; USD 120,000 - 165,000; Full time

Job summary

The City of New York is seeking a passionate and dedicated Administrative Retirement Benefits Specialist. This role involves leadership oversight in financial operations within the NYCERS, focusing on preparing financial statements and managing a dynamic finance team. The ideal candidate will possess strong analytical, communication, and problem-solving skills, with a proven background in fiscal operations.

Benefits

Healthcare benefits

Vision benefits

Dental benefits

Participation in the city’s retirement plan

Qualifications

• Experience in fiscal operations and preparing financial statements.
• Knowledge of accounting and auditing principles, and internal control systems.
• Ability to work under pressure and meet deadlines.

Responsibilities

• Oversee daily operations of the Finance Division.
• Ensure completion of annual financial statements and reconciliations.
• Support the Finance Director in leading a 30-member team.

Skills

Leadership

Analytical Skills

Communication

Problem Solving

Education

Baccalaureate degree or higher in relevant field

Job description

Administrative Retirement Benefits Specialist, M5

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Administrative Retirement Benefits Specialist, M5

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The New York City Employees’ Retirement System (NYCERS) is one of the largest municipal public employee retirement systems in the United States with nearly 375,000 active/vested members, retirees and beneficiaries. NYCERS is a defined benefit retirement plan and a cost-sharing, multiple employer public employee retirement system. We are looking for individuals with passion, dedication and commitment to excellence and innovation who are interested in adding to our dynamic and collaborative work environment. Working for the City of New York, you will receive excellent benefits, including healthcare, vision benefits, dental benefits, as well as the opportunity to participate in the City’s retirement plan. NYCERS offers a hybrid work environment with partial onsite work and partial telework.

Job Description

NYCERS’ Finance Division seeks a Deputy Director with a strong leadership background, strategic big-picture mindset, and the ability to think independently and innovatively. Under the direction of the Finance Director, the Deputy will have broad oversight of the division, and will lead day-to-day activities of the Finance team. Specifically, the Deputy will ensure accurate and timely completion of the division’s operational priorities:

• Preparing NYCERS' annual financial statements and Annual Comprehensive Financial Report (ACFR)
• Reconciling, recording, and processing financial transactions for the agency
• Accurately maintaining members' account balances
• Overseeing and managing external audits
  
  

The Deputy Director will support the Finance Director in leading a dynamic 30-member team and act in the capacity of the Finance Director in their absence. Their direct responsibilities include running the day-to-day operations of the Finance Division, and setting and tracking performance goals, objectives, and priorities for Division staff. In addition, the Deputy will assist the Finance Director in the development of best practices in the division, leverage automation to enhance division processes, and maintain strong relationships with NYCERS’ external stakeholders and partners. The follow-up of delegated work must be very thorough. The Deputy must be a strong collaborator and able to facilitate collaboration within the Finance Division and with other internal and external stakeholders.

The Ideal Candidate Has

• Strong leadership background overseeing fiscal operations
• Extensive experience and knowledge of accounting, auditing, and banking principles.
• Experience and knowledge of developing internal control and accounting systems
• Independent action, the ability to make decisions and take responsibility for them
• Adapts quickly to changing conditions and work with the team to implement quality solutions
• Experience with overseeing the preparation of year-end audited financial statements for any organization.
• Experience with overseeing financial closing process and external CPA audits
  
  

ADMINISTRATIVE RETIREMENT BENE - 82986

Minimum Qualifications

• A baccalaureate degree from an accredited college or university including or supplemented by 12 credits in mathematics, statistics, accounting, and/or actuarial science and four years of satisfactory full-time experience implementing the provisions of a retirement plan involving the use of mathematical, statistical, actuarial or accounting computations, 18 months of which must have been in an administrative, managerial or executive capacity or supervising professionals implementing the provisions of a retirement plan involving the use of mathematical, statistical, actuarial or accounting computations; or
• An associate degree or 60 credits from an accredited college or university, including or supplemented by 12 credits in mathematics, statistics, accounting and/or actuarial science and six years of satisfactory full-time experience as indicated in “1”; or
• Education and/or experience equivalent to “1” or “2” above. However, all candidates must have 60 credits from an accredited college or university, including or supplemented by 12 credits in mathematics, statistics, accounting and/or actuarial science and the 18 months of experience in a supervisory, administrative, managerial or executive capacity as described in “1” above.
  
  

Preferred Skills

Preferred Skills and Experience: - Strategic, big-picture thinker. - Open, transparent, effective communicator. - Strong ability to work under pressure and meet tight financial year-end deadlines. - Excellent analytical and writing skills. - An attuned ability to troubleshoot and problem solve. - Compassion, patience, and strong interpersonal skills. - Strong delegation skills. - Familiarity with GAAP and GASB, accounting and financial reporting standards for U.S. state and local governments.

55a Program

This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.

Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.

Residency Requirement

New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

, $120,000.00 – $165,000.00

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Administrative

• Industries

  Government Administration

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