About TRS
Since 1917, the Teachers’ Retirement System of the City of New York (TRS) has been securing better futures for NYC educators. With a pension fund valued at approximately $123 billion, TRS serves over 274,000 members, providing them with retirement, disability, and death benefit services.
At TRS, we seek dedicated professionals who are passionate about their work and committed to excellence. We pride ourselves on our member-centric culture, focused on delivering outstanding service and support to our members.
We are seeking a proactive and detail-oriented Senior Accounting Specialist to support key accounting operations through accurate record maintenance, payment processing, reconciliations, and member account support. This role requires strong analytical skills, excellent organization, and the ability to manage multiple priorities while meeting critical deadlines. The ideal candidate is dependable with excellent communication skills, and a commitment to accuracy, efficiency, and continuous improvement.
Key Responsibilities
EFT Processing & Reconciliation:
- Process EFT deletions, reversals, returns, reclaims, and replacement payments for both periodic and non-periodic disbursements in accordance with pensioner and member account activity.
- Ensure compliance with established OLA and SLA requirements while performing detailed reconciliations of EFT payments, returns, reversals, and reclaims.
- Monitor and maintain hold-check listings to ensure timely resolution and accuracy.
Records Management & Data Maintenance:
- Maintain, update, retrieve, and validate financial and member records across multiple systems, databases, and applications while ensuring data accuracy, completeness, and confidentiality.
Member & Beneficiary Communication:
- Communicate directly with members, pensioners, and beneficiaries regarding replacement payments, returned checks, and account-related inquiries.
- Prepare and distribute professional correspondence and documentation in a timely and accurate manner.
Banking Operations & Account Support:
- Support banking operations and exception-processing activities by coordinating with financial institutions and internal stakeholders.
- Research and retrieve financial data to respond to inquiries related to pensioner and beneficiary accounts, and update demographic and account information as needed.
Team Support & Quality Oversight:
- Assist in training team members and reviewing work for accuracy and compliance.
- Maintain production metrics, tracking reports, and operational documentation to support departmental goals and continuous improvement initiatives.
Systems & Process Improvement:
- Participate in unit modernization efforts, system enhancements, production support activities, and user acceptance testing (UAT).
- Contribute to process improvement initiatives that enhance efficiency, accuracy, and service delivery.
ACCOUNTANT - 40510
1. A baccalaureate degree from an accredited college or university, accredited by regional, national, professional or specialized agencies recognized as accrediting bodies by the U.S. Secretary of Education and by the Council for Higher Education Accreditation (CHEA), including or supplemented by 24 semester credits in accounting, including one course each in advanced accounting and auditing; or
2. A valid New York State Certified Public Accountant license.
To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one year of experience as an Accountant - Assignment Level I or at least two years of satisfactory full-time professional accounting or auditing experience.
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.
The City of New York is the most iconic and dynamic city on the planet. With a population of more than 8.4 million people, New York is not only the largest city in the United States — it is the academic, cultural, commercial, and financial capital of the world.
City government is filled with opportunities for talented individuals seeking to improve their communities and make a meaningful difference in the lives of their fellow New Yorkers. Every day, the City’s more than 300,000 employees improve infrastructure, provide vital social services, build technology, protect health and safety, and so much more. Join us today at: http://www1.nyc.gov/jobs
The City of New York offers its employees:
• A chance to build the future of this city. New York City government is at the crossroads of where policy, great ideas, city services, and smart urban planning meet the lives and needs of every day New Yorkers.
• Competitive salary and benefits. Hiring packages include a competitive salary, health benefits, various pension plans, employee assistance programs, and individual retirement accounts.
• Diverse career opportunities. As the largest local government in the United States with more than 40 agencies, the City of New York offers a broad spectrum of opportunities — from education, housing development, and public health to sustainability, economic growth, technology, and emergency management.
• Career Satisfaction. As a City employee, you will have the chance to shape the future of New York City and improve the quality of life for your family, neighbors, and fellow New Yorkers.
• Equal Opportunity and Inclusion. The City of New York is an equal opportunity employer that prohibits discriminatory action against City employees and applicants for employment based on their actual or perceived race, color, national origin, ethnicity alienage, citizenship status, gender, religion, creed and all other protected categories.
