Senior Accounting Analyst Job ID: 10126 Business Unit: MTA Headquarters Location: Jamaica, NY, United States Regular/Temporary: Regular Department: Acct Receiv Recon and Process Date Posted: Jan 10, 2025 Description JOB TITLE : Accounting Analyst / Senior Accounting Analyst POST DATE : 01/10/2025 CLOSE DATE : Until Filled HAY POINT EVALUATION : N/A 100% HOURLY RATE : $41.38/$48.50* (See Wage Progression Chart) POSITION CLASSIFICATION : Non-Safety Sensitive Queens LOCATION : Queens REPORTS TO : Supervisor – Accounts Receivable Processing and Reconciliation UNION AFFILIATION: Transportation Communications Union (TCU-EXC5) SUMMARY : Accounting Analysts / Senior Accounting Analysts in the ACCOUNTING area are responsible to assist in the performance of the Accounts Receivable system billing, record-keeping, account reconciliation, journal entries, fixed asset capitalization and retirement, inventory reconciliation, 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 : + Process project and miscellaneous billing, cost adjustments, prepare billing reports and invoice package with supporting documents and assist in cash collections. + Take lead interfacing with BSC, Project Management, Budgets, Operations, IT as well as internal and external customers to investigate and resolve various accounting issues and ensure essential financial data is accurately reported and available in the accounting system. + Assist in the month-end and annual accounting close. Prepare general ledger monthly account analysis and schedules. Determine/resolve discrepancies and prepare various journal entries including payroll accruals, RUIA journals, inventory journals and other correcting journal entries as needed. + Create and perform PeopleSoft queries to assist with the monthly close and analysis. + Provide various work order cost reporting and analysis as directed for major events like weather, service disruptions and damage claims or for major projects like Annual Track Program, ESA and 3 rd Track. + Reconcile, report and validate Inter-Company accounts between other MTA agencies. + Reconcile and analyze the claims and suits activity processed by the Law department. + Reconcile, report and validate materials in the inventory systems. + Prepare Aging and Accrued Receivable Reports. + Analyze and correct errors relative to reimbursable prebills for Engineering, Transportation, Maintenance of Way, Maintenance of Equipment, Train and Engine and Administration departments. + Manage Work Order Request and coordinate information with Operations and BSC. + Complete and submit all billing documentation and forms required by East Side Access, NYSDOT and other agencies. + Process fixed asset capitalization and retirement. 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 : Accounting Analyst: + Bachelor's Degree in Accounting or Finance or related field. + One to three years accounting, finance or similar experience including database management and reporting; along with financial analysis and reconciliations. Senior Accounting Analyst: + Bachelor's Degree in Accounting or Finance or related field. + A minimum of four years accounting, finance or similar experience including database management and reporting; along with financial analysis and reconciliations. 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.