Deputy Director of Revenue Accounting

The Deputy Director of Revenue Accounting isa senior management position and will assist the Controller and Assistant Controller in managing the preparation of revenue analysis, reporting, reconciliation and journal entries. This position will manage and develop the day-to-day work scope and activities associated with revenue recognition. Seeking a strategic and execution-focused, detail-oriented individual to lead this effort.

• Ensure timely and accurate revenue accounting, reconciliation, journal entries and reporting for all revenue-related accounts
• Act as revenue account management lead, providing direction and support as required and own the end-to-end revenue accounting process
• Work collaboratively with the MBTA’s Fare Revenue team, including Automated Fare Collection (AFC) and own source revenue (e.g. advertising, real estate, parking, etc.)
• Develop reports for senior management on various aspects of the fare revenue collection process, including meeting with subject matter experts
• Work confidentially and cooperatively with Office of the Comptroller (“CTR”), Massachusetts Department of Transportation (“MassDOT”) and other external agencies
• Partner and work closely with the general ledger accounting department and manage all aspects of revenue recognition
• Oversee and manage receipts of the assessment process for cities and towns, as well as state contract assistance and other state-related revenue sources (e.g. Interdepartmental Service Agreements - “ISAs”)
• Identify and implement process improvements and system enhancements to scale revenue accounting
• Conduct periodic reviews and assessments of internal and peer revenue recognition processes and controls and recommend improvements.
• Potential to supervise one or more staff as the organization grows
• Address internal and external audit requests as they relate to revenue
• Maintain up-to-date knowledge of accounting standards and regulatory requirements related to revenue recognition
• Perform all other duties and projects, as assigned

Additional responsibilities may include focus on one or more departments or locations. See applicable addendum for department or location specific functions.

• Bachelor’s degree from an accredited intuition in Business administration, Accounting, Finance, Economics or related field
• Five (5) years of experience in revenue recognition and/or the development and management of financial accounting analysis
• Two (2) years of leadership and/or supervisory experience
• Experience with Oracle/PeopleSoft Accounting and Revenue Accounting
• Proficient in Microsoft Office (Word, Excel, Access, PowerPoint, etc.)
• Effective organizational, analytical, quantitative, multitasking, and time management skills.
• Excellent communication and interpersonal skills, including the ability to work with diverse stakeholders
• Strong analytical skills to evaluate data, identify problems, and develop solutions
• Data input experience working with ERP, or other financial or business systems
• Ability to comprehend, communicate and respond to instructions and achieve deadlines
• Ability to provide internal and external customers with courteous and professional experience
• Master’s Degree in Business Admin, Finance, Accounting, or similar field may substitute for two (2) years of required work experience.
• Some supervisory or oversight experience is highly preferred

Substitutions

• A High School Diploma or GED with an additional seven (7) years of directly related experience substitutes for the bachelor’s degree requirement
• An associate’s degree from an accredited institution and an additional three (3) years of directly related experience substitutes for the bachelor’s degree requirement
• A master’s degree in a related subject substitutes for two (2) years of general experience
• A nationally recognized certification, or statewide/professional certification in a related field substitutes for one (1) year of experience