Payroll Funding Analyst

Jobf0; New York (NY); On-site; USD 85,000 - 115,000; Full time

Job summary

The NYC Financial Information Services Agency-Office of Payroll Administration (FISA-OPA) seeks a Payroll Funding Analyst to manage funding for all city payrolls. You will prepare schedules from RMDS, submit PRB1/PHM in FMS, and handle EFT escrows and ACH files.

You will also perform daily bank deposits with IDD devices, assist with direct deposit reversals, and respond to inquiries by phone or email while supporting a range of payroll funding tasks as directed by supervisors.

Qualifications

• Master's degree or equivalent professional credentials.
• Strong analytic and mathematical abilities with Excel proficiency.
• Experience with payroll funding systems and city financial platforms.

Responsibilities

• Fund City payrolls using RMDS and submit PRB1 and PHM in FMS.
• Calculate EFT escrow amounts and prepare funding schedules for EFT escrows, EFT Net Pay and negative escrows.
• Verify net pay and escrow ACH files for active and pension payrolls; release files via Infodex.
• Make daily bank deposits into multiple City accounts using IDD devices and distribute deposits by email.
• Assist with check refunds, direct deposit reversals and negative one-time deductions.
• Respond to direct deposit inquiries by phone or email.
• Perform other payroll funding tasks as directed by Supervisor/Directors.

Skills

Verbal & written comms

PMS RMDS CHRMS

Excel skills

Education

Master's degree in economics, finance, accounting, business or public administration, HR management, statistics, or JD

Baccalaureate degree + 2 years relevant experience

Associate degree + 4 years relevant experience

High school diploma + 6 years relevant experience

Education/experience combination equivalent to above

Tools

RMDS

FMS

PMS

PPMS

Job description

The NYC Financial Information Services Agency-Office of Payroll Administration (FISA-OPA) seeks to hire a Payroll Funding Analyst for the Payroll Funding, Certification and ACH Unit. The selected candidate will perform the following tasks:

• Fund all City agencies' payrolls by preparing Schedule of Funding Forms using various Report Management and Distribution System (RMDS) reports and submitting Payment Request - Balance Sheet (PRB1) and Payment Hold Maintenance (PHM) documents in the Financial Management System (FMS);
• Calculate Electronic Funds Transfer (EFT) escrow amounts for all payroll cycles and prepare schedules of payroll funding for EFT escrows, EFT Net Pay and negative escrows;
• Confirm net pay and escrow deductions ACH credit files for the Payroll Management System (PMS) active payrolls and Pension Payroll Management System (PPMS) pension payrolls and release these files via Infodex telephone system;
• Make daily bank deposits into multiple City bank accounts using Image Direct Deposit (IDD) devices, scan and distribute deposits to all relevant parties via email;
• Assist with check refund cancellations, direct deposit reversals and negative one-time deductions for direct deposit credit returns;
• Respond to direct deposit inquiries via phone or email and;
• Perform miscellaneous tasks of a payroll funding nature as assigned by the Supervisor and/or Directors.

Preferred Skills

• Excellent verbal and written communications skills
• Experience with Pi, PMS, RMDS (Report Management and Distribution System) and CHRMS (City Human Resource Management System)
• Excellent mathematical skills or proficiency in Excel

Additional Information:
#O-37

Hours/Shift:
35 Hours/Day Shift

Work Location:
5 Manhattan West, New York, NY

STAFF ANALYST - 12626

Qualifications

A master’s degree from an accredited college in economics, finance, accounting, business or public administration, human resources management, management science, operations research, organizational behavior, industrial psychology, statistics, personnel administration, labor relations, psychology, sociology, human resources development, political science, urban studies or a Juris Doctor degree from an accredited law school; or

A baccalaureate degree from an accredited college and two years of satisfactory full- time professional experience working in one or a combination of the following areas: working with the budget of a large public or private concern in budget administration, accounting, economic or financial administration, or fiscal or economic research; in management or methods analysis, operations research, organizational research or program evaluation; in personnel or public administration, recruitment, position classification, personnel relations, labor relations, employee benefits, staff development, employment program planning/administration, labor market research, economic planning, social services program planning/evaluation, or fiscal management; or in a related area.

An associate degree or completion of 60 semester credits from an accredited college and four years of satisfactory full-time professional experience as described in “2” above.

A four-year high school diploma or its educational equivalent approved by a State’s department of education or a recognized accrediting organization and six years of satisfactory full-time professional experience as described in “2” above.

A combination of education and/or experience equivalent to “1”, “2”, “3”, or “4” above. College education may be substituted for professional experience at the rate of 30 semester credits from an accredited college for one year of experience. However, all candidates must have a high school diploma.

Special Note

To be eligible for placement in Assignment Level II, individuals must have, after meeting the minimum requirements, one additional year of professional experience as described in “2” above.

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.