Director, Accounts Receivable and Project Accounting

Job ID: 11395

Business Unit: MTA Headquarters

Location: New York, NY, United States

Regular/Temporary: Regular

Department: Acct Receiv Recon and Process

Date Posted: Apr 15, 2025

Description

POSTING NO.
11395
JOB TITLE:

Director, Accounts Receivable and Project Accounting

DEPT/DIV:

Controller's Office

WORK LOCATION:

2 Broadway

FULL/PART-TIME

FUL L

SALARY RANGE:

$166,094.71 - $190,000

DEADLINE:

Until filled

This position is eligible for teleworking , which is currently one day per week. New hires are eligible to apply 30 days after their effective hire date.

Opening:

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.

Position Objective:

This position is responsible for directing and overseeing the activities and accounting for the Accounts Receivable and Capital/Fixed Asset groups for MTA Headquarters and all agencies. The Accounts Receivable responsibilities encompass billing and collection, accounting and reporting for this function.

The Capital/Fixed Asset responsibilities encompass the planning, organizing and directing of the accounting and reporting of MTA's financial transactions related to Projects in Progress, Capital/Fixed Assets, Inventory and Leases.

Responsibilities:

• Select, develop and motivate personnel within the department. Provide career development for subordinates.
• Provide prompt and effective coaching and counseling.
• Responsible for discipline/termination of employees when necessary.
• Review performance of staff.
• Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential.
• Manage team workload, resources and schedules to deliver timely, quality financial services.
• Supports implementation of policy and procedures for the relevant functions within MTA and across the agencies.
• Directs and oversees the Accounts Receivable and Billing process activities ; Such activities include timely and accurate invoice production, collections, work order issuance, reporting and coordination with Agencies management, regulators and third parties.
• Directs and oversees the accounting processes for MTA and all agencies for the compilation, reporting and capitalization of fixed assets and projects.
• Ensures the accounting follows generally accepted accounting principles.
• Directs and oversees the accounting processes for MTA and all agencies' leases (lessor & lessee) in accordance with Governmental Accounting Standards (GASB Statement No. 87 - Leases), GASB Statement No. 96 - Subscription-Based Information Technology Arrangements and other related accounting pronouncements. Ensures the accounting follows generally accepted accounting principles.
• Directs the Fixed Assets, Leases and Inventory accounting policies including the financial statements reporting.
• Directs and oversees the functional support and maintenance of the PeopleSoft Accounts Receivable, Fixed Assets, Project Costing and General ledger modules.
• Interacts with the various agencies' operating departments, MTA Construction & Development project managers, Connecticut Department of Transportation, NYSDOT and regulators on billings and project accounting matters.
• Other duties as assigned.

Required Qualifications:

Required Knowledge/Skills/Abilities:

• Strong leadership and interpersonal skills required to facilitate and execute inter-agency process consolidation.
• Proven skills in project management to transition from various legacy financial systems under a compressed schedule.
• Excellent verbal and written communication skills capable of forging professional partnerships with other agencies and external customers.
• Proficient in motivational techniques to enable staff to collaborate and unite to execute tasks that ensure smooth migration to new financial application platform.
• Proficient in articulating strategies and business requirements and providing periodical progress updates to senior management.
• Demonstrated ability to work with all internal levels within a given organization, as an example, the MTA Board
• Demonstrated ability to communicate and interact well with external agencies. External agencies may include the Governor's Office for New York State, New York City government, elected and other public officials, as well as any staff located at other federal or state agencies or authorities
• Demonstrated ability to work in a high-profile, high-pressure environment effectively
• Demonstrated ability to communicate effectively with key internal and/or external stakeholders
• Must have strong managerial skills to effectively direct a staff of professional and technical employees in implementing the short and long-term goals and direction for the area of responsibility
• Demonstrated ability to complete short and long-term projects effectively and as efficiently as possible
• Demonstrated analytical capabilities and quantitative skills
• Must be knowledgeable in the use of Oracle or similar large relational database systems.
• Must be a self-starter, independent, highly motivated and innovative.
• Must be fluent in Microsoft Office products (Excel, Word, and PowerPoint).

Required Education and Experience:

• Bachelor's degree in accounting or related discipline. An equivalent combination of education and experience may be considered in lieu of an accounting degree.
• Minimum of 10 years of Accounting or Financial Operations or related experience, including a minimum of 8 years' experience managing an accounting or financial operations department.
• Minimum of 5 years' experience with large ERP Financial systems software modules and related systems.
• Minimum of 5 years' experience in new financial systems implementations or upgrades of ERP systems.

The F ollowing is/are preferred:

• Master's degree in a related field
• Certified Public Accountant
• Familiarity with MTA's policies and procedures

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").

Equal Employment Opportunity

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

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