Sr Accountant (5023)

OVERALL DESCRIPTION

General Accounting

Prepares in final form assigned financial statements and reports, including disclosures, in accordance with generally accepted accounting principles and governmental requirements; prepares major account analyses for items such as self-insurance liabilities and pension plans; and develops and implements new accounting procedures or controls as needed.

SPECIFIC RESPONSIBILITIES

General Duties

A. General Accounting

1. Prepares in final form: consolidated PennDOT dotGrants, Quarterly GAAP basis financial statements, audited annual financial statements, and Single Audit Report, as assigned.
2. Reconciles consolidated and payroll bank accounts to general ledger, and prepares account analyses, as assigned.
3. Prepares in final form and coordinates statistical and financial sections of annual National Transit Database Report ensuring accuracy and regulatory compliance, and prepares responses to NTD Report inquiries, as assigned.
4. Develops and implements new financial statement disclosures and accounting procedures, as required, by the GASB and other authoritative accounting and governmental bodies, as assigned.
5. Calculates and evaluates self-insurance and corporate liabilities, as assigned.
6. Prepares financial statement footnote disclosures relating to cash and investments, pension plans, claims liabilities, employee retirement benefits and other categories, as assigned.
7. Prepares quarterly and annual cash flow statements in accordance with GAAP, as assigned.
8. Prepares journal entries for pension plans, furnish information requested by actuaries, and ensures proper amounts are funded for pension plans, as assigned.
9. Coordinates auditors’ management comments and follow-up on corrective action, as assigned.
10. Functions as temporary backup to the Accounting Manager, when needed.
11. Complies with all Authority and departmental safety and security policies and procedures as well as all applicable job safety responsibilities. Reports any safety concerns, compromises or hazards affecting operations, the public, self and/or other employees. Responsible for personal safety and is encouraged to promote the safety of others.
12. Performs other related duties, as assigned.

QUALIFICATIONS AND EXPERIENCE

General Accounting

• Bachelor’s or Master’s Degree in Accounting and three (3) years’ experience in an accounting environment required.
• Proficiency in Microsoft Office Suite required.
• Strong work ethic and commitment to accomplishing assigned duties on time required.
• Certified Public Accountant Certificate or Master’s Degree preferred.
• Experience in implementing improvements to existing accounting and internal control procedures preferred.
• Knowledge of Extensity (GEAC) financial systems preferred.