Accounting Analyst / Senior Accounting Analyst Job ID: 10901 Business Unit: MTA Headquarters Location: New York, NY, United States Regular/Temporary: Regular Department: Acct Receiv Recon and Process Date Posted: Mar 12, 2025 Description JOB TITLE : Accounting Analyst / S enio r Accounting Analyst DEPARTMENT : Lease Accounting POST DATE : 03/11/2025 CLOSE DATE : Until Filled 100% HOURLY RATE OF PAY : $4 1 . 38 / 48. 50 * (See Wage Progression Chart) POSITION CLASSIFICATION : Non-Safety Sensitive LOCATION : 2 Broadway REPORTS TO : Supervisor – Leases & Fixed Assets, Accounting UNION AFFILIATION : Transportation Communications Union (TCU-EXC5) 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 to assist in the performance of the record-keeping, account reconciliation, journal entries, fixed asset capitalization and retirement, lease accounting, inventory reconciliation, accounts receivable system billing, 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 : + Review reports and prepare monthly journal entries on leases GASB 87, subscription-based Information Technology arrangements GASB 96, Public-Private and Public-Public Partnerships and Availability Payment Arrangements GASB 94 and Fixed Assets capitalization and other related transactions + Review lease procurement contracts and purchase orders to ensure proper accounting treatment. + Assist with preparation of annual composite of leased vehicles for financial reporting in accordance with GASB 87. + Coordinate with procurement, business operations, MTA Real Estate, IT for MTA, Yardi systems, and Greystone. + Assist with Fixed Assets capitalization and depreciation in accordance with GAAP, GASB and agencies’ policy. + Prepare and record monthly rental revenue and resolve reconciling items between agency records and Yardi reports. + Reconcile Operating Funded Capital (OFC) project balances and Vehicle Fleet purchases. + Assist with preparation of quarterly Roll forward of Capital Assets for financial reporting. + Assist with record asset retirements. (FA and RE) + Assist with annual issuance of the audited financial statements, including preparing required footnotes, supporting schedules and account analysis required for financial reporting. + Provide information as needed for internal and external audits. + Reconcile, report and validate Inter-Company accounts between other MTA agencies. + 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 as needed. + Prepare inventory journal entries as needed. + Create and perform PeopleSoft queries to assist with the monthly close and analysis. + Participate in the year end accrual process. + Support Accounting Managers and Supervisors. + Other duties as required. 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.