Financial Reporting/General Ledger Manager

Department/Agency of position: 
Metropolitan Transportation Commission (MTC)
Location of position: 
San Francisco, CA
Wage/Salary: 
$124,198.05 - $157,513.20 Annually
Date Posted: 
Thursday, May 14, 2020
Closing Date: 
Sunday, June 14, 2020
Job Description: 

The position will remain opened until a pool of highly qualified candidates has been established. Interested candidates are encouraged to apply immediately.

A resume and cover letter are not required with your application, but highly encouraged.

The Metropolitan Transportation Commission (MTC) is the transportation planning, financing and coordinating agency for the nine-county San Francisco Bay Area. For more information about MTC, visit www.mtc.ca.gov.

The Financial Reporting/General Ledger Manager position will be filled at the Principal level and is under the direct supervision of the Financial Reporting/General Ledger Assistant Director. This is a lead position that is responsible for performing/reviewing the month-end, quarter-end, and year-end general ledger account reconciliation and analysis; preparing/reviewing the Comprehensive Annual Financial Report (CAFR) for the Metropolitan Transportation Commission (MTC), standalone financial reports for the Bay Area Headquarters Authority (BAHA), 375 Beale Condominium Corporation, the Bay Area Infrastructure Financing Authority (BAIFA), as well as the Association of Bay Area Government (ABAG) and its affiliated entities; ABAG Finance Authority for Nonprofits (FAN), Advancing California Finance Authority (ACFA), ABAG Publicly Owned Energy Resources (POWER), and the San Francisco Bay Restoration Authority (SFBRA). In addition, the Financial Reporting/General Ledger Manager s erves as the coordinator/liaison between staff and external auditors.

Due to the annual audit season, use of vacation time off is restricted between the months of mid-July to mid-October.

SKILLS AND ABILITIES
The ideal candidate will have the following knowledge, skills and abilities:

  • Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and Financial Accounting Standards Board (FASB);
  • Principles and best practices of governmental fund accounting, reporting, and auditing;
  • Federal and state grant rules and regulations and reporting requirements including OMB super Circular 2CFR Part 200 (Uniform Administrative Requirements, Cost Principles, and Audit requirements for Federal Awards);
  • Function, capability, application and operation of computer-based financial accounting systems;
  • Plan and organize work activities; manage several tasks at once;
  • Critical and analytical thinking;
  • Uses resource to identify problems, solve them, act decisively, and show good judgement in decision making;
  • Use effective leadership and supervisory skills to promote a motivated and high performing team;
  • Collaborative style focused on team work;
  • Excellent communication skills both orally and in writing, including public presentation skills.


MINIMUM QUALIFICATIONS
An appropriate combination of education and experience that has provided the required knowledge, skills and abilities is qualifying. A typical way of obtaining the required qualifications is:

Education: A Bachelor's degree from an accredited college or university in accounting, finance, public or business administration, or a related field, including a minimum of 24 semester-hours in accounting. A Master's degree in one of the above disciplines is highly desirable. (Applicants with a degree issued from an institution outside the United States must have their transcripts evaluated by an academic accrediting service and provide proof of equivalency along with the application.)

Experience: Seven years of increasingly complex and diverse professional accounting work experience, including two or more years of full supervisory responsibility for two or more major accounting functions, including the equivalent of two years as an Accountant/Auditor III for MTC.

License/Certificate: Possession of a valid California Class C driver's license and a safe driving record, or the ability to provide alternate transportation which is approved by the appointing authority.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Under the supervision and direction of the Financial Reporting/General Ledger Assistant Director, specific assignments and responsibilities include, but are not limited to, the following:

Program Management

  • Oversee the month-end close process including reviewing the financial integrity of the general ledger accounts reconciliation and accounts analysis of all the MTC's component units; ABAG's and its affiliated entities.
  • Oversee the quarterly year-to-year comparison reports for all of the MTC's component units; ABAG's and its affiliated entities.
  • Oversee the toll revenue reporting and traffic trend analysis for the seven Bay Area bridges.
  • In coordination with the Electronic Toll Revenue section, assist in the design and testing of the new FasTrak system for toll revenue collection.
  • Review and approve various journal entries and a variety of accounting reports prepared by the staff.
  • Perform the month-end close and quarterly year-to-year comparison reports for MTC's primary government funds.
  • Prepare/review the MTC Comprehensive Annual Financial Report (CAFR) including note disclosures and management discussion and analysis.
  • Prepare/review BAHA, BAIFA and 375 Beale Condominium basic annual financial reports; ABAG's and its affiliate's basic annual financial reports.
  • Provide coordination of the audit process and serve as a primary point of contact for the external auditor.
  • Analyze, classify, and determine proper accounting treatment of new complex financial transactions in accordance with the Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB).
  • Research and implement new GASB pronouncements and prepare a white paper to document the treatment for the financial statements.
  • Monitor, analyze, and interpret federal, state, and local governments' regulations and grants requirements; develop and implement strategies, policies and procedures to achieve compliance.
  • Oversee/perform fixed assets accounting including managing the fixed assets sub system.
  • Perform analysis of accounting data relative to management problems and actively participating with management in decision-making sessions to resolve issues.
  • Participate in the upgrade of the financial accounting system.
  • Manage the deliverables and deadline adherence.


Staff Oversight

  • Supervise, oversee, evaluate and provide work direction to the professional and technical staff of the Financial Reporting/General Ledger section.
  • Manage staff development, monitor performance, and provide immediate, frequent as well as annual performance feedback.


The Financial Reporting/General Ledger Manager will perform other job related duties as assigned.

All employees at MTC are classified as Disaster Services Workers.