Financial Accounting Analyst III

Financial Accounting Analyst III

This position is responsible for the accounting and financial reporting of leases (lessor & lessee), subscription-based Information Technology arrangements. The incumbent will be responsible for processing journal entries and analyzing accounting transactions, and assist with the preparation of footnote disclosures, with an emphasis on leases.

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.
• Review lease procurement contracts and purchase orders to ensure proper accounting treatment.
• Assist with the preparation of the 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.
• Prepare and record monthly rental revenue and resolve reconciling items between agency records and Yardi reports.
• Assist with the 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.
• Take the lead in 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.
• Create and perform PeopleSoft queries to assist with the monthly close and analysis.
• Support Accounting Managers and Supervisors.
• Other duties as assigned.

Required Qualifications :

Required Education and Experience :

The Following is / are preferred :

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.