Manager - Fringe Accounting

Finance New York, NY


Description

Position at MTA Headquarters

JOB TITLE:

Manager – Fringe Accounting

DEPT/DIV:

Controller’s Office

WORK LOCATION:

420 Lexington Avenue

FULL/PART-TIME

FULL

SALARY RANGE:

$90,919 - $113,649

DEADLINE:

Until filled

 

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 calculation and analysis of fringe benefit rates, corporate overhead rates, and equipment rental rates. In addition, this position is responsible for the compilation of financial and statistical data for the timely and accurate submission of the NTD report.

Responsibilities:

  • Perform major tasks in the production of G/L System Forecast, Budget, and Final Actual Fringe Benefit Cost and Rates, including but not limited to:
    • Mid-year and 3rd Qtr Reviews of Actual versus G/L Forecast Fringe Benefit Cost and Rates.
    • Preparing a comparative analysis of forecast vs. actual results, identifying causes of variations
  • Perform monthly review of health & welfare cost activities (i.e., headcounts, rates, and adjustments) and explain material cost fluctuations on a monthly basis.
  • Prepare monthly G/L account analyses related to fringe costs.
  • Participate in the preparation and analysis of Corporate Overhead Rates and Annual Equipment Rental Rates needed for the Accounts Receivable Billing System.
  • Collaborate with various Departments to obtain and transmit monthly National Transit Database (“NTD”) data.
  • Participate in Annual NTD reporting, compile required financial data in accordance with NTD’s Uniform System of Accounts, set up for pro-forma work papers, collect and review data, analyze and adequately explain variances to ensure reports are timely and accurately submitted to FTA for use in the determination of federal funding.
  • Develop, improve, and maintain information systems applications and databases supporting the Fringe, Overhead, Equipment Rental, and NTD functions.
  • Review weekly payroll & provide appropriate labor accounting codes for payroll.
  • Review RWA accrual and account reconciliation.
  • Assist with the preparation of the Pension and OPEB Footnotes.
  • Other duties as assigned.

Required Qualifications:

Required Knowledge/Skills/Abilities:

  • Have working knowledge of PeopleSoft or similar systems.
  • Demonstrated working knowledge of journal entries preparation, general ledger closing, and financial reporting.
  • Demonstrated strong organizational and time management skills with a proven ability to meet multiple tight deadlines and manage multiple priorities.
  • Demonstrated strong attention to detail & provided accurate reports.
  • Demonstrated analytical capabilities, quantitative skills in variance analysis.
  • Strong communication skills and ability to interact well with external agencies for audit requirements.
  • Strong interpersonal skills with the ability to work with and collaborate across all levels within the organization.
  • Proficiency in Microsoft Office Suite; ability to manipulate large data sets in ACCESS database, intermediate Excel skills on LookUps, PIVOT tables; experience in Word and Outlook.

 

Required Education and Experience:

  • Bachelor’s degree in Accounting, Finance, or Business, or a related field.
  • Minimum 5 years of related experience.
  • Minimum of three (3) years of experience in database management and reporting (e.g., Microsoft Access and Excel) or comparable application.
  • Minimum of three (3) years of accounting-related experience to include financial analysis and reconciliations.

The Following is/are preferred:

  • Master’s degree in a related field.
  • CPA License.
  • Familiarity with the MTA’s policies and procedures.
  • Familiarity with the MTA’s collective bargaining procedures.

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.