Senior Manager - Financial Reporting

Description

This position is eligible for teleworking, which is currently one day per week. New hires are eligible to apply 30 days after their effective hire date.    

Opening:

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 the Governmental Accounting Standards Board (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.
• This position requires an understanding of the financials of all the agencies and requires coordination with the agencies’ accounting teams.
• Manages the analysis and preparation of account reconciliations and accounting consolidation entries for the completion of the consolidated financial statements.
• Reviews and reports on changes in Government Accounting Standards Board (GASB) pronouncements, accounting practices, and local, state, and federal regulations governing the accounting and controls required for public funds to ensure MTA’s compliance with such regulations and the associated reporting requirements.
• Reviews various accounting policies approved by the MTA Board, Government Accounting Standards Board (GASB), and Financial Accounting Standards Board (FASB) pronouncements to ensure the proper interpretation and application in the MTA Financial Statement preparation.
• Manage the mapping of all relevant agency financial information and general ledger accounts to the global consolidated reporting database and the applicable module in the financial systems.
• Preparation of financial information for allocation and reporting by the agencies in the National Transit Database (NTD) report in compliance with the Federal Transportation Administration requirements.
• Supports the external audit process.
• Provide audit requirements and information regarding MTA procedures and accounting treatment of various financial items.
• Serves as the application administrator of the financial reporting application.
• Other duties as assigned.

Required Qualifications:

Required Knowledge/Skills/Abilities:

• 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.
• Requires an 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.  External agencies may include the Governor’s Office for New York State, New York City government, elected and other public officials, as well as any staff located at other federal or state agencies or authorities.
• Demonstrated ability to work in a high-profile, high-pressure environment effectively.
• Demonstrated ability to communicate effectively with key internal and/or external stakeholders.
• Must have strong managerial skills to effectively direct a staff of professional and technical employees in implementing the short- and long-term goals and direction for the area of responsibility.
• Demonstrated ability to complete short- and long-term projects effectively and as efficiently as possible.
• Demonstrated analytical capabilities and quantitative skills.
• Demonstrated proficiency in Microsoft Office Suite or comparable applications, i.e., Word, Excel, PowerPoint, and Outlook.
• Ability to work under pressure and meet deadlines.
• May need to work outside of normal work hours to meet deadlines.
• Travel may be required to other MTA locations or other external sites.

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 working 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 the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”).

Equal Employment Opportunity

MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including those concerning veteran status and individuals with disabilities.

The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.