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Senior Accounting Analyst

2 weeks ago

New York, New York, United States Metropolitan Transportation Authority Full time

Description

Position at MTA Headquarters

JOB TITLE: Senior Accounting Analyst

DEPARTMENT: Fixed Assets Accounting     

POST DATE: /12/2025

CLOSE DATE: Until Filled      

100% HOURLY RATE OF PAY:  $48.50* (See Wage Progression Chart

POSITION CLASSIFICATION:   Non-Safety Sensitive

LOCATION: Lexington Avenue

REPORTS TO: Manager – LIRR Fixed Assets Accounting

UNION AFFILIATION: Transportation Communications Union (TCU-EXC

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.

SUMMARY:

Accounting Senior Accounting Analysts in the Accounting area are responsible for assisting in the performance of the record-keeping, account reconciliation, journal entries, fixed asset capitalization and retirement, month-end and annual financial closing, and reporting of the Long Island Rail Road Financial Statements. It is expected that this position acts as a liaison between BSC, Project Management, Budgets, Operations, IT, as well as internal and external customers, to ensure efficient and timely billing and cash collection, and to ensure essential financial data is accurately reported.

RESPONSIBILITIES:

  • Run cost not yet billed reports and reconciliation between cost not yet billed reports, project costing, and General Ledger.
  • Analyze project charges to determine if a transfer to/from other projects is required.
  • Monthly review and copy project status notes to the new PIP balance.
  • Analyze projects in progress reports and work with Project Managers to determine project status and scope for possible capitalization.
  • Prepare a capitalization template to capitalize assets and add to the Asset Management subledger.
  • Draft capitalization letters and send them to the Project Manager or department head for approval.
  • Review projects for possible write-offs of expenses incurred with project work.
  • Prepare Operating Funded Capital, Vehicle, and Security capitalization in accordance with GAAP, GASB, and the agency's policy.
  • Prepare a journal entry of the monthly depreciation estimate.
  • Obtain Property Management list from Stores for possible equipment capitalization not recorded in PIP or Operating Funded Capital.
  • Review the Asset Management subledger to ensure proper capitalization and depreciation.
  • Process Asset retirement forms, maintain, and update the retirement log.
  • Review the Asset Management subledger, Property Management List, Equipment list, and FTA listing to determine if retired assets are listed and should be removed.
  • Assist Management with annual issuance of the audited financial statements, including footnotes, supporting schedules, and account analysis required for financial reporting.
  • Provide information as needed for internal and external audits.
  • Assists with the Fixed Asset roll forward, maintains schedules of the submitted templates, and runs PeopleSoft queries.
  • Other duties as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES:

  • 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.

EDUCATION AND EXPERIENCE:

:

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

Preferred:

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

PAY, BENEFITS, AND WORK SCHEDULE:

We offer competitive salaries and an excellent, comprehensive benefits package, including:

  • Full Medical Coverage
  • Dental Coverage
  • Vision Care
  • Life Insurance
  • Comprehensive Sick Leave Benefits
  • Deferred Compensation
  • Vacation/Personal Leave Days
  • Transportation Pass Privileges
  • Tuition Assistance Reimbursement
  • Pension Plan
  • In-house training seminars

WAGE PROGRESSION FOR NEW EMPLOYEES HRED 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 09/24/2014:

  • 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:

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").

 In addition to meeting the minimum requirements of the position, the selection process may include, but is not limited to, a pre-screening assessment (i.e., physical, written, and/ or practical evaluation) and interview. Candidates forfeit further consideration in the process if they fail to participate in any step of the process when scheduled. Make up dates/times will not be given. In addition, LIRR employee applicants must be in their current position for the 12 months immediately preceding the close date of this posting and must possess a satisfactory work history, including attendance and discipline record. A record of more than ten sick days without medical documentation in two of the last three years is considered unsatisfactory attendance.  Not all qualified applicants are guaranteed an interview due to the competitive selection process.  A medical examination and safety-sensitive drug/alcohol test may also be required.

Equal Employment Opportunity

MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including with respect to veteran status and individuals with disabilities.

 The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.