Accounting Supervisor jobs in Queens Village, NY

Description

Title: Supervisor – Lease Accounting and Fixed Assets

Department: Controller

Post Date: 6/23/2023

Close Date: Until Filled

Hay Point Evaluation: N/A

100% Hourly Rate of Pay: $55.52*(See Wage Progression Chart)

Position Classification: Non-Safety Sensitive

Location: Queens

Reports to: Sr. Manager Accounting

Union Affiliation: Transportation Communications Union (TCU-EXC5)

Summary

This position is responsible for ensuring the accurate accounting and financial reporting of leases (lessor & lessee) and fixed assets. The incumbent will be responsible for preparing journal entries, reviewing and analyzing accounting transactions, and assist with the preparation of audited financial statements and disclosures, with an emphasis on leases and fixed assets.

Responsibilities

Responsibilities may include but are not limited to:

• All activities related to the proper accounting and financial reporting of leases in accordance with Governmental Accounting Standards Board, Statement No. 87 – Leases.
• Review lease procurement contracts and purchase orders to ensure proper accounting treatment.
• Prepare annual composite of leased vehicles for financial reporting in accordance with GASB 87.
• Record monthly rental revenue and resolve reconciling items between agency records and Yardi reports.
• Coordinate with procurement, business operations, MTA Real Estate, IT for MTA, Yardi systems, and Greystone.
• Ensure Fixed Assets are capitalized and depreciated in accordance with GAAP, GASB and agencies’ policy.
• Prepare timely and accurate expense accruals for reimbursable projects.
• Maintain a reconciliation of Operating Funded Capital (OFC) project balances and Vehicle Fleet purchases.
• Work with project managers for project status to determine if capitalization criteria have been met.
• Prepare and review monthly, quarterly and annual journal entries of lease and fixed asset accounting transaction activities.
• Prepare a quarterly Rollfoward of Capital Assets for financial reporting.
• Perform monthly and quarterly account analysis.
• Assist with annual issuance of the audited financial statements, including prepare required footnotes, supporting schedules and account analysis required for financial reporting.
• Provide information as needed for internal and external audits.
• Supervise staff, manage team workload, and provide training and support to develop team members
• Other duties as assigned.

• Bachelor’s Degree in Accounting or Finance.
• Minimum of 5 years general accounting experience (or demonstrated equivalent).
• Strong understanding of accounting principles and processes.
• Effective written, interpersonal and oral communications skills.
• Effective analytical and problem-solving skills.
• Proficiency in the use of personal computer software applications (Word, Excel, and Access) and PeopleSoft.
• Strong work ethic and professional integrity.

• MBA Degree/CPA.
• Prior auditing and supervisory experience.
• Working knowledge of LIRR financial operations.
• Familiarity with the TCU collective bargaining agreements.

Wage Progression for New Employees Hired after 9/24/2014 :

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 Hired on or Prior To 9/24/2014:

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

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.

How to Apply

MTA employees must apply via My MTA Portal. You can submit an online application by logging into My MTA Portal, clicking the My Job Search ribbon, and selecting the “Careers” link.

Logging in through My MTA Portal will link your BSC ID number to your job application to identify you as an internal applicant.

EEO Statement

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.