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Financial Specialist
4 weeks ago
We are seeking a highly skilled Financial Specialist to join our team at Community Transit. As a Financial Specialist, you will be responsible for creating and maintaining financial processes to support the ORCA transit payment card program and technical systems.
Key Responsibilities- Research and document ORCA system issues and work with vendors and regional partners to ensure issue resolution meets design specifications.
- Advise the regional project team on Community Transits position on issues and participate in review, prioritization, and approval of ongoing ORCA Card functionality related to back office processing and point of sales system.
- Create reconciliation processes and reconcile daily ORCA sales and settlement positions and monthly revenue apportionments.
- Prepare monthly ORCA revenue reports and research and resolve discrepancies and record in the Financials system.
- Report system-caused issues to vendors and user-caused issues to appropriate staff.
- Work with the Sales and Distribution Supervisor or Lead to ensure ORCA sales adjustments meet regional and agency policies and procedures.
- Reconcile and approve manual adjustments from the ORCA Fiscal Agent at Sound Transit and ensure proper internal controls are in place and monitored.
- Coordinate with Marketing and Employer Program staff to research and resolve discrepancies or issues reported by ORCA Business Account clients and provide data supporting ORCA business vanpool pricing.
- Provide monthly revenue reports to ORCA Business Account clients and review and approve changes in fares and fare media processes and procedures as part of the Fare Review Team.
- Evaluate and provide guidance on the financial impacts of decisions and review and reconcile actual to expected fare revenue.
- Monitor controls and research and resolve discrepancies.
- Work with State audit staff on the annual audit and respond to questions and concerns about account balances, account activity, internal controls, variance, and accounting procedures.
- Perform bank reconciliations and monthly close tasks and procedures.
- Minimum Qualifications: 3 years of increasingly responsible finance experience, 2 years of experience using computerized accounting systems (preferably PeopleSoft/Oracle), 2 years of experience performing complex financial reconciliations, 1 year of experience identifying and implementing process improvements in financial areas, Associate degree or a 2-year technical certificate in accounting or business management, and a valid Washington State Drivers License.
- Knowledge Requirements: Accounts receivable and general accounting principles, Microsoft Word and Excel, internal controls, system testing and script writing.
- Skill Requirements: Fostering an inclusive workplace by valuing and leveraging diversity, equity, and inclusion to uphold Community Transits Core Values and achieve the organizations vision and mission, inspiring and fostering team commitment, pride, and trust, facilitating cooperation and motivating team members to accomplish group goals while treating others with courtesy, sensitivity, and respect, analyzing data and designing, organizing, and creating financial presentations for internal and external customers, managing multiple tasks simultaneously and effectively, computer and software skills (Word, Excel, PowerPoint, email, and scheduling applications), 10-key by touch, oral and written communications, project management, writing policies and procedures, using tact and diplomacy, reconciling and researching accounts and records and resolving differences, performing calculations with speed and accuracy, customer service, and preferred skills and knowledge: Bachelors degree in accounting or a related field and general understanding of credit card regulations for merchants and Payment Card Industry (PCI) compliance.