Job Details
Summary of Job:
While reporting to Assistant Chief Financial Officer, this position has the responsibility to safeguard the authority s assets and direct and coordinate the accounting, finance, grant administration, budget, internal control, and purchasing.
This position will maintain CAT s general ledger including preparing and posting journal entries, reconciling general ledger accounts, and compiling financial reports.
Essential Job Functions:
- Responsible for Operating Fund and Grant Fund general ledgers.
- Posts journal entries in MUNIS, the Authority s general ledger accounting software package.
- Ensures the timely and accurate posting, balancing, and reconciliation of the general ledger for each fund.
- Researches and analyzes fluctuations between current financial results compared to the prior year, the prior month, and budgeted amounts.
- Researches and reconciles all discrepancies.
- Prepares monthly reconciliations for assigned general ledger accounts.
- Prepares bi-weekly federal and state tax deposits.
- File quarterly and annual payroll tax returns.
- Tracks and maintains fixed asset ledger for the Operating and Grant accounts by coordinating with Accounts Payable and others. Prepare schedules for reporting of fixed assets.
- Reviews the work completed by accounting technicians and bank reconcilers to ensure accurate recording of financial transactions.
- Cross-train staff to build the skills needed to perform each job position in the department.
- Prepares Financial Statements and accompanying management information for the monthly Board meetings.
- Completes sections of the annual National Transit Database report.
- Sits on the monthly Transit Asset Management (TAM) committee.
- Coordinate the administration of grant invoice payments, grant draws and grant reconciliations.
- Works with independent auditors and regulatory reviewers to ensure compliance with financial reporting requirements.
- Prepares work papers, financial statements, and various reports for internal accounting, external audit, and regulatory review purposes.
- Directly supervises the Accounts Payable and Accounts Receivable positions. Team lead responsibilities as it relates to accurate maintenance of general ledgers and compilation of accurate and timely interim and annual financial reports including account reconciliations.
- Responsible for completing all mandatory training classes.
- Responsible for reviewing and complying with all CAT policies, procedures, and directives.
- Responsible for ensuring all direct reports have taken all mandatory training.
Supervisory Authority
Compliance:
- Responsible for completing all mandatory training classes.
- Responsible for reviewing and complying with all CAT policies, procedures, and directives.
- Responsible for ensuring all direct reports have taken all mandatory training.
Education & Experience:
The preferred candidate will possess a bachelor s degree in a related field and have five to seven years public sector staff accountant experience.
The preferred candidate should also possess a strong working knowledge of general ledger maintenance procedures while following state and federal government guidelines.
Knowledge, Skills & Abilities:
- Degree in Accounting from an accredited college.
- Five years of accounting-related experience, including some work in a lead capacity.
- Experience with general ledger maintenance including journal entry posting and general ledger account reconciliations
- Knowledge of accounting and auditing principles and practices, including GAAP, GAGAP, and statutory accounting.
- Excellent verbal and written communication skills.
- Proficient in spreadsheet applications.
- Experience with spreadsheets and automated accounting systems.
- Ability to multi-task, prioritize and work efficiently.
- Ability to listen, communicate (written and verbal), and follow-up effectively with all staffing levels and clients/customers.
- Excellent grammar, spelling, and proofreading skills.
- Ability to work independently, be a self-starter, and energetically approach tasks assigned.
- Ability to demonstrate good common sense and sound judgment.
- Flexibility to adapt to all situations and work varied hours; possibly working weekends or evenings.
- Ability to perform at high levels in a fast-paced ever-changing work environment.
- Ability to anticipate work needs and follow through with minimum direction.
Physical Demands:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
While performing the duties of this job, the employee is regularly required to stand; walk; use hands to manipulate, handle or feel; reach with hands and arms; and talk or hear. The employee is frequently required to sit. The employee is occasionally required to climb or balance; stoop, kneel, crouch or crawl, and smell. The employee is occasionally required to lift up to 20 pounds.
Safety Requirements & Notifications:
Chatham Area Transit Authority is a public transit service provider governed by the requirements of the Federal Transit Administration (FTA) and the Department of Transportation (DOT).
Due to the nature of some work performed at the CAT, some jobs are classified as Safety Sensitive and are subject to random testing for drug and alcohol use. All offers for employment are required to undergo pre-employment and possible random drug testing. If the test shows a positive result your application for employment will be rejected, or if hired, employment may be terminated.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.