Finance Specialist - A/B

Build your career while building NYC schools!

The Fiscal Services Division is responsible for developing, planning and monitoring the SCA’s operating budget, creating and monitoring project budgets for all projects, preparation of year-end financial reports and management of banking relationships as well as processing all payments.  Fiscal Services also provides financial reports to OMB which are used to support City bond sales and submits project data to the State Education Department that allows NYC to receive building aid funding.

Job Description Summary

The Finance Specialist - A/B is responsible for performing a range of financial management tasks in the areas of accounts payable, budget, financial registration, accounting, or payroll and timekeeping.

Job Description

Responsibilities include:

• Provides customer service, in the form of processing payments, completing change orders and other finance related issues, to internal and external stakeholders.
• Assists in supervising a Unit such as Accounts Payable, Accounting or Contract Validation and collaborates with other units to achieve functional goals.
• Prepares financial reports for use by the division directors. 
• Acquires and maintains a knowledge of the Authority financial systems. 
• May supervise Assistant Finance Specialists or other support staff.
• Performs related duties, as assigned.

Additional Responsibilities Include:

• Identify, research, analyze, and reconcile financial discrepancies across Oracle Cloud Fusion, PCM, RCMS, CAMP, the FMS Upload Master table, and the City’s Financial Management System (FMS3) to ensure data accuracy and consistency.
• Perform financial reconciliations, investigate funding mischarges, and initiate corrective journal entries and financial transactions, including contract closeout adjustments.
• Analyze and compare financial data across internal and external reporting systems using Fusion, OAC, FMS, and related upload/download reports to identify and resolve discrepancies.
• Reconcile financial transactions and reporting discrepancies across source systems, Oracle Financials, and FMS3, ensuring accurate and timely resolution of identified issues.
• Create, update, and track Jira tickets related to financial system issues, reporting discrepancies, and reconciliation activities.
• Maintain the FMS Utility application to correct financial transactions reflected in the Obligation History Report.
• Review and approve financial transactions interfaced from RCMS, PCM, and CAMP into Fusion; verify award information, distribute funds across lower-level numbers for requirements contracts, and create or modify purchase orders based on approved work authorizations.
• Collaborate with Encumbrance, Accounts Payable, IT, Construction Management, Contract Administration, and other internal departments to resolve financial discrepancies and support contract closeout activities.
• Utilize and support computerized financial systems, including Oracle EBS, Oracle Cloud Fusion (NextGen ERP), OAC, RCMS, PCM, CAMP, FMS Utility, and FMS3, along with Microsoft Office applications.
• Train and delegate assignments to college interns to support departmental operations and workflow efficiency.

Minimum Qualifications:

Finance Specialist - A

Baccalaureate degree; One year of full time experience in accounting, payroll, timekeeping or budget related area; or a satisfactory combination of education and experience.

Finance Specialist - B

Baccalaureate degree; Two years of full time experience in accounting, payroll, timekeeping or budget related area; or a satisfactory combination of education and experience.

Civil Service Classification: Competitive

Salary:

Finance Specialist - A

• Appointment Rate: $71,185
• Incumbent Rate: $81,863

Finance Specialist - B

• Appointment Rate: $82,730
• Incumbent Rate: $95,140

POSTING END DATE: 11/06/2026

Subject to the provisions of the Collective Bargaining Agreement, the appointment rate for any newly hired employee, or employees with less than two years of active City or SCA service, shall be 15% less than the applicable incumbent rate or step.

Education

Baccalaureate: Accounting, Finance or related field

Certifications (if required)

Work Experience

One year of full time experience in accounting, payroll, timekeeping or budget related area; or a satisfactory combination of education and experience.

It is the policy of the New York City School Construction Authority (NYCSCA) to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, veteran status, or any other characteristic protected by federal, state, or local law. In addition, the NYCSCA will provide reasonable accommodations for qualified individuals.

 

We offer exceptional benefits including:

* Medical (100% employer paid for basic coverage available)

* Prescription Drug Options

* Dental & Vision Coverage

* NYC Qualified Pension Plan (QPP)

* Optional Retirement Savings Plans including 401K, 457 and IRA options

* Transit Check Program

* Public Loan Forgiveness Program

* Competitive Paid Time Off (PTO) Benefits

 

As part of our ongoing commitment to employee growth and development, the SCA’s Learning and Development (L&D) program offers a variety of valuable benefits. These include tuition reimbursement for continued education that is directly related to your current role, as well as access to a broad range of individual and organizational training opportunities. Trainings on leadership development, technical skill-building, compliance, personal and professional growth. These programs are designed to strengthen performance, boost engagement, and ensure our workforce is fully equipped to meet both current and future organizational goals.

 

The SCA is interested in qualified candidates who are eligible to work in the United States. The SCA is not able to sponsor or take over sponsorship of an employment Visa at this time.  We participate in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: https://www.e-verify.gov/employees