Senior Accounting Analyst

Senior Accounting Analyst

Accounting Analysts / Senior Accounting Analysts in the General Accounting area are responsible for assisting in the accounting, reconciliation, and reporting of the Long Island Rail Road Financial Statements and ensuring completeness of accounting records, documentation, and account balancing. The incumbent will be responsible for preparing journal entries, reviewing and analyzing accounting transactions, assisting with the preparation of audited financial statements and disclosures, developing and maintaining report databases, and preparing various financial reports for distribution to management.

Responsibilities may include but are not limited to:

1. Assist in the month-end and annual accounting close. Prepare general ledger monthly account analysis and schedules. Determine/resolve discrepancies and prepare various journal entries including payroll accruals, RUIA journals, inventory journals, and other correcting journal entries as needed.
2. Responsible for financial data interfacing with PeopleSoft and investigating and resolving various accounting issues. Ensure essential financial data required for monthly general ledger closing is accurately reported and available in the PeopleSoft system.
3. Reconcile, report, and validate intercompany accounts between other MTA agencies.
4. Reconcile and analyze the claims and suits activity processed by the Law department.
5. Prepare and record monthly rental revenue and resolve reconciling items between agency records and Yardi reports.
6. Prepare weekly payroll journal entry and reconciliation.
7. Process data validation and resolutions.
8. Responsible for Equipment rate and H&W rate calculation.
9. Responsible for adding and updating Equipment rates, Location codes, Job codes, and DOE codes.
10. Assist with annual issuance of the audited financial statements, including preparing required footnotes, supporting schedules, and account analysis required for financial reporting.
11. Provide information as needed for internal and external audits.
12. Participate in the year-end accrual process.
13. Research, review, and apply upcoming GASB statements.
14. Review lease procurement contracts and purchase orders to ensure proper accounting treatment.
15. Process project and miscellaneous billing, cost adjustments, prepare billing reports and invoice packages with supporting documents, and assist in cash collections.
16. Take the lead in interfacing with BSC, Project Management, Budgets, Operations, IT, as well as internal and external customers to investigate and resolve various accounting issues and ensure essential financial data is accurately reported and available in the accounting system.
17. Create and perform PeopleSoft queries to assist with the monthly close and analysis.
18. Reconcile, report, and validate materials in the inventory systems.
19. Manage Work Order Requests and coordinate information with Operations and BSC.
20. Process fixed asset capitalization and retirement.
21. Responsible for various accounting code updates.
22. Support Accounting Managers and Supervisors.
23. Other duties as required.

Required Qualifications:

• Knowledge of accounting systems and procedures. (I.e., PeopleSoft).
• Proficiency in the use of Microsoft Office (Access, Excel - use of pivot tables & v-lookups, Word and PowerPoint).
• Excellent quantitative, analytic, and deductive reasoning capabilities.
• Strong verbal and written communication skills.
• Strong interpersonal skills with the ability to communicate with all levels of management and external contacts.
• Strong ability to take control of assigned tasks with limited supervision.
• Detail-oriented with strong organizational skills.
• Strong ability to prepare accurate work papers, work under pressure, and meet deadlines.

Required Education and Experience:

• Bachelor's Degree in Accounting or Finance or related field.
• A minimum of four years of accounting, finance, or similar experience, including database management and reporting, along with financial analysis and reconciliations.

Preferred Qualifications:

• Knowledge of accounting systems.
• MBA in Accounting or Finance
• CPA

Wage Progression for New Employees Hired After 09/24/2014:

80% - 1st 365 Calendar Days

80% - 2nd 365 Calendar Days

85% - 3rd 365 Calendar Days

90% - 4th 365 Calendar Days

90% - 5th 365 Calendar Days

95% - 6th 365 Calendar Days

100% - After 2,190 Calendar Days

Wage Progression for Employees Hired On or Prior To 9/24/2014:

80% - 1st 365 Calendar Days

85% - 2nd 365 Calendar Days

90% - 3rd 365 Calendar Days

95% - 4th 365 Calendar Days

100% - After 1,460 Calendar Days

Other Information

May need to work outside of normal work hours (i.e., evenings and weekends)

Travel may be required to other MTA locations or other external sites.

According 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.