This is a professional position responsible for the identification, classification, analysis, and reporting of financial data and journalizing ledger accounts. This includes but is not limited to Employer and Employee contributions, investment rebates, and miscellaneous receivables. This position serves as a primary contact for PNC Bank. This position will reconcile payments made via ACH transfers and held at
PNC Bank, and prepare for the transfer of those funds to the BNY Mellon account. This position is also responsible for completing employer account adjustments as necessary. This position is responsible for the daily PNC Bank process to include the transfer of ACH payments received at PNC Bank to BNY Mellon. Employers remit payments, member and employer contributions, to PNC Bank. Once the amounts have been deposited, this position is responsible for transferring the total amount received the prior day, to PSERS' custodian bank, BNY Mellon.* IMPORTANT: YOU MUST APPLY TO THIS VACANCY POSTING, MEET ELIGIBILITY REQUIREMENTS, COMPLETE THE SUPPLEMENTAL QUESTIONS AND RECEIVE A SCORE. YOUR SCORE IS ONLY VALID FOR THIS SPECIFIC VACANCY. ONCE THIS POSITION IS FILLED, YOUR SCORE IS NO LONGER VALID. • Full-time employment• This position is responsible for the daily PNC Bank process to include the transfer of ACH payments received at PNC Bank to BNY Mellon. Employers remit payments, member and employer contributions, to PNC Bank. Once the amounts have been deposited, this position is responsible for transferring the total amount received the prior day, to PSERS' custodian bank, BNY Mellon.* • Access PNC's Pinnacle Web and Cash Concentration websites to create reports that reflect the amounts of monies remitted by school districts for employer/employee contributions. Employers are responsible for uploading a file to the PNC Cash Concentration website, detailing how the deposit amount should be applied – Member, Member Purchase of Service, or Employer. This position is responsible for downloading the daily detail for import into PSERS pension administration system, V3.* • Analyze and compare daily PNC Pinnacle reports produced by PSERS NPAS system and perform a reasonableness test of report output.* • Provide a daily non-investment Cash Flow Projection to the Office of Financial Management (OFM) and Investment Office (IO). This report projects the amount of non-investment revenue (chiefly member and employer contributions) and expense (mainly benefit payments to annuitants) PSERS expects to administer in the near-term. • Provide PNC Cash forecasts of quarterly employer contributions to PSERS' Chief Financial Officer (CFO). The majority of PSERS' employers remit their employer contributions quarterly. Aggregated, the daily amount received from employers can exceed $250 million. This forecast identifies those large amounts. • Prepare voucher transmittals from requests by school districts to initiate refunds of overpaid member, employer, and member purchase of service payments to be forwarded to the Accountant 2 responsible for posting the Cash Receipts journal. * o Post Employer V3 refund Adjustment Memo (AM) into SAP and assist with Vendor payment of these refunds from Treasury as needed. • Run and analyze queries comparing V3 Employer transactions compared to the General Ledger.* • Analyze payment discrepancies received from school employers. This position will contact the affected school district business offices to determine the action needed to correct discrepancies.* o Process requests from school employers for fund transfers between employer account fund types.* o Prepare AM's generated by V3 and prepare AM's associated with fund transfers.* o Create and produce results of queries in V3 used to aid school districts reconcile their records of work reports, work adjustments and payments made with PSERS records.* • Perform a monthly reconciliation of the PNC bank account, and a quarterly reconciliation of the PNC bank account to the General Ledger. • Assist other Employer Accounting Unit staff with on-going V3 on-line adjustments that assure perpetual current statuses of the employer accounts. Adjustments could include those to employer accounts related to V3 salary work history adjustments or other ad-hoc situations that arise in the on-going receivable situations with the employers.* • Perform monthly analysis and reconciliation of General Ledger employer accounts receivable and contribution accounts to supporting manual and automated records throughout the fiscal year to build substantiate correctness of the General Ledger and promote efficiency during the fiscal year-end financial audit.* • Respond to public auditor requests for Cash/Accrual basis accounting of the employer accounts (formerly GASB 27 request). This includes preparing reports that illustrate the contributions remitted to PSERS by the employer. This is a confirmation of what the employer has recorded on their general ledger and is an integral part of the employer audit process. • Additional functions related to the accounting classification as needed. • - Essential functions. Qualifications: • Must meet PA residency requirement • Minimum Experience and Training Requirements: a Bachelor's Degree including or supplemented by fifteen credits in accounting; or one year as a Fiscal Technician, and fifteen college credits in accounting; or one year as a Financial Programs Trainee; or five years of bookkeeping experience and fifteen college credits in accounting; or successful completion of the Commonwealth's Accounting Intern Program. • This posting requires submission of a copy of your college transcripts. You may upload your document as an Attachment during the application process. You must still complete the application and answer the supplemental questions. All documents MUST be uploaded prior to the submission of your application. • Must be able to perform essential job functions Veterans: Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, visit our website at www.employment.pa.gov, or contact us at ra-cs-vetpreference@pa.gov. • Score valid for this specific posting only • Score based on information reported on application and supplemental questions • Provide complete and accurate information or: • score may be lower than deserved • application processing may be delayed • disqualification may result • May only test once under this announcement • Email notice of test results providedFurther information on testing, assistance for persons with disabilities, veterans' preference, and other items can be obtained from: Harrisburg: 2nd Level, Strawberry Sq. Complex, 320 Market St., P.O. Box 569, Hbg., 17108-0569; Telephone (717) 783-3058 Philadelphia: 110 North 8th St., Suite 503, Phila., 19107; Telephone (215) 560-2253 Pittsburgh: 411 Seventh Ave., Room 410, Pgh., 15219; Telephone (412) 565-7666 Telecommunications Relay Service (TRS): 711 (hearing and speech disabilities or other individuals) Internet: https://www.employment.pa.gov/Additional%20Info/Pages/default.aspx
0 Response to Accountant 1
Post a Comment