Metropolitan Transportation Authority
Senior Manager - Financial Reporting
Metropolitan Transportation Authority, New York, New York, us, 10261
Overview
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Senior Manager - Financial Reporting
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Metropolitan Transportation Authority . 2 days ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. Dept/Div General and Technical Accounting, Controller’s Office Description The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities. Position Objective This position is responsible for the review and preparation of the MTA Consolidated financial statements, including the quarterly and year-end consolidated audited financial statements with footnotes and management discussion and analysis in accordance with GASB. This position manages a team of accounting professionals and is responsible for the coordination, public distribution, and consolidation of the work product from each agency. Responsibilities
Select, develop, and motivate personnel within the department. Provide career development for subordinates. Provide prompt and effective coaching and counseling. Responsible for the discipline/termination of employees when necessary. Review the performance of staff. Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential. Oversees and reviews the preparation of the monthly, quarterly, and year-end consolidated financial statements, including required footnotes, management discussion and analysis, and all required supplemental schedules in accordance with GASB. Coordinate with agencies’ accounting teams to understand the financials of all agencies. Manage the analysis and preparation of account reconciliations and accounting consolidation entries for the completion of the consolidated financial statements. Review and report on changes in GASB pronouncements, accounting practices, and regulations governing public funds to ensure MTA compliance. Review accounting policies approved by the MTA Board, GASB, and FASB to ensure proper interpretation and application in financial statements. Manage mapping of agency financial information and general ledger accounts to the global consolidation database and applicable module in the financial systems. Prepare financial information for allocation and reporting by agencies in the National Transit Database (NTD) in compliance with Federal Transportation Administration requirements. Support the external audit process. Provide audit requirements and information regarding MTA procedures and accounting treatment of various financial items. Serve as the application administrator of the financial reporting application. Other duties as assigned. Required Qualifications
Requires a strong understanding of ERP systems and the global consolidation database to gather and accurately reconcile information across agencies. Strong knowledge and experience of GASB and new pronouncement implementations and their impact on accounting methodology and financial statement presentation. Strong understanding of financial reports and audit requirements. Understanding of the interrelated nature of financial systems to reconcile information across systems. Excellent communication and interpersonal skills. Excellent organizational and presentation skills. Demonstrated ability to work with all internal levels within a given organization, including senior management. Demonstrated ability to communicate and interact well with external agencies (e.g., Governor’s Office, local government, elected officials, and other public agencies). Ability to work effectively in a high-profile, high-pressure environment and meet deadlines. Strong managerial skills to direct a staff of professionals and technicians in achieving goals. Demonstrated ability to complete short- and long-term projects efficiently. Analytical capabilities and quantitative skills. Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook). Ability to work under pressure and may require non-standard hours or travel to other locations. Required Education And Experience
Bachelor’s Degree in Accounting, Finance, or related field. Minimum 6 years of experience in Accounting, Audit, or Finance. Demonstrated supervisory and/or leadership abilities. The Following Is/are Preferred
Certified Public Accountant Master’s degree in a related field Three years in a managerial and/or leadership role Prior experience in a large, multi-faceted, fast-paced organization or governmental body Familiarity with the MTA’s policies and procedures Knowledge of PeopleSoft and reporting systems Other Information
Pursuant to New York State Public Officers Law & the MTA Code of Ethics, all policymaking employees must file an Annual Statement of Financial Disclosure (FDS). Equal Employment Opportunity: MTA and its subsidiaries are Equal Opportunity Employers, including veterans and individuals with disabilities. The MTA encourages diverse applicants, including military service members. Note: This posting contains other related job postings and information not directly part of the Senior Manager - Financial Reporting role.
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Join to apply for the
Senior Manager - Financial Reporting
role at
Metropolitan Transportation Authority . 2 days ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. Dept/Div General and Technical Accounting, Controller’s Office Description The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities. Position Objective This position is responsible for the review and preparation of the MTA Consolidated financial statements, including the quarterly and year-end consolidated audited financial statements with footnotes and management discussion and analysis in accordance with GASB. This position manages a team of accounting professionals and is responsible for the coordination, public distribution, and consolidation of the work product from each agency. Responsibilities
Select, develop, and motivate personnel within the department. Provide career development for subordinates. Provide prompt and effective coaching and counseling. Responsible for the discipline/termination of employees when necessary. Review the performance of staff. Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential. Oversees and reviews the preparation of the monthly, quarterly, and year-end consolidated financial statements, including required footnotes, management discussion and analysis, and all required supplemental schedules in accordance with GASB. Coordinate with agencies’ accounting teams to understand the financials of all agencies. Manage the analysis and preparation of account reconciliations and accounting consolidation entries for the completion of the consolidated financial statements. Review and report on changes in GASB pronouncements, accounting practices, and regulations governing public funds to ensure MTA compliance. Review accounting policies approved by the MTA Board, GASB, and FASB to ensure proper interpretation and application in financial statements. Manage mapping of agency financial information and general ledger accounts to the global consolidation database and applicable module in the financial systems. Prepare financial information for allocation and reporting by agencies in the National Transit Database (NTD) in compliance with Federal Transportation Administration requirements. Support the external audit process. Provide audit requirements and information regarding MTA procedures and accounting treatment of various financial items. Serve as the application administrator of the financial reporting application. Other duties as assigned. Required Qualifications
Requires a strong understanding of ERP systems and the global consolidation database to gather and accurately reconcile information across agencies. Strong knowledge and experience of GASB and new pronouncement implementations and their impact on accounting methodology and financial statement presentation. Strong understanding of financial reports and audit requirements. Understanding of the interrelated nature of financial systems to reconcile information across systems. Excellent communication and interpersonal skills. Excellent organizational and presentation skills. Demonstrated ability to work with all internal levels within a given organization, including senior management. Demonstrated ability to communicate and interact well with external agencies (e.g., Governor’s Office, local government, elected officials, and other public agencies). Ability to work effectively in a high-profile, high-pressure environment and meet deadlines. Strong managerial skills to direct a staff of professionals and technicians in achieving goals. Demonstrated ability to complete short- and long-term projects efficiently. Analytical capabilities and quantitative skills. Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook). Ability to work under pressure and may require non-standard hours or travel to other locations. Required Education And Experience
Bachelor’s Degree in Accounting, Finance, or related field. Minimum 6 years of experience in Accounting, Audit, or Finance. Demonstrated supervisory and/or leadership abilities. The Following Is/are Preferred
Certified Public Accountant Master’s degree in a related field Three years in a managerial and/or leadership role Prior experience in a large, multi-faceted, fast-paced organization or governmental body Familiarity with the MTA’s policies and procedures Knowledge of PeopleSoft and reporting systems Other Information
Pursuant to New York State Public Officers Law & the MTA Code of Ethics, all policymaking employees must file an Annual Statement of Financial Disclosure (FDS). Equal Employment Opportunity: MTA and its subsidiaries are Equal Opportunity Employers, including veterans and individuals with disabilities. The MTA encourages diverse applicants, including military service members. Note: This posting contains other related job postings and information not directly part of the Senior Manager - Financial Reporting role.
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