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Job Description
Provides analytical support, consultation, and advice to staff, managers and executive staff members regarding Federal and State Regulations, which include grant programs, garnishments, employee taxes, and compensation regulation compliance. Performs cost analysis and financial analysis to assist with the Authority’s strategic business planning process. Prepares monthly and year-end close-out of all financial reporting records in accordance with Generally Accepted Accounting Principles (GAAP), the Federal Transit Administration (FTA) and the MARTA ACT. Serves as Department of Finance liaison with the Federal Transit Administration, Amalgamated Transit Union, Office of Management & Budget, Committee on Transportation & Infrastructure (U.S. House of Representatives), Federal and State Tax Offices, Fulton County Courts, Child Support Agencies and other outside agencies. Serves as consultant and “subject matter expert” for the integrated Oracle system, including General Ledger, Payroll, Accounts Payable, Grant Accounting, Labor Distribution, Projects, Accounts Receivable, Treasury, and Fixed Assets modules. Reviews complex journal entries including those related to hedging and investment derivatives, lease-leaseback transactions, bond issues and retirements, debt service management, investments and commercial paper. Serves as operational expert, support, and analyst for the Tele driver Operator Compensation System and other complex timekeeping and reporting systems. Prepares monthly and year-end close-out of all financial reporting records. Develops recommendations between departments with grant and project set ups in Oracle Grants Accounting. Serves as subject matter expert and resource to cost analysts accountants, and accounting specialists, while providing instructions on complex grant costing analysis, union contract interpretations, compensation rules and regulations, accounting transactions and financial reporting in accordance with OMB (Office of Management and Budget) circulars, GAAP, GASB (Governmental Accounting Standards Board) and other applicable guidelines and authorities. Supports Cost Analysts, Accountants and Accounting Specialists using GAAP, State Grant compliance, the reporting of Stimulus Grants, Federal and State Tax compliance, and various analyses and accounting functions. Works closely with various departments, including the Department of Technology, Department of Police Services, Office of Budget, Office of Treasury, Office of Grant Management, Office of Revenue Operations, Office of Risk Management, and the Office of Human Resources, to develop and implement complex system changes. Reviews, analyzes and recommends proposed solutions regarding FTA reports, Federal Financial Reports (FFR), National Transit Database reports, and grant requisitions of federal funds to the Authority. Implements efficiencies and writes accounting policies and procedures for General Ledger Accounting, Accounts Payable, Accounts Receivable, Labor Distribution, the Cost Allocation Plan, Grants Accounting, Project Accounting, Fixed Assets, Human Resource Organizational set-ups, Payroll Policies and Oracle System Processes.
Essential Duties And Responsibilities
Cost Analysts, Accountants and Accounting Specialists
Safety Responsibilities
Takes every reasonable precaution given the circumstances to ensure the protection of employees, patrons, and members of the public. Identifies and informs employees of hazards in the workplace. Determines safe work methods and ensures employees are notified of new and modified methods. Ensures employees are trained on safety policies and procedures. Ensures employees follow procedures. Responds to health and safety concerns of employees in a timely manner
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION And/or EXPERIENCE
A bachelor’s degree in finance, accounting or related field with a minimum of eight years of progressive professional experience in accounting, finance or business analysis. Specific job-related experience is required in at least two of the following areas: general ledger accounting, generally accepted accounting principles, GASB interpretation and implementation, bond analysis, financial reporting, transit industry grant programs, grant costing, cost accounting, cost allocation plans, project accounting, Oracle integrated system set-ups, FTA guidelines, OMB guidelines, NTD (National Transit Data) reporting, and stimulus grant reporting. Designation as a Certified Public Accountant or a master’s degree in a related field may substitute for one year of experience.
Language Skills
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. MATHEMATICAL SKILLS Ability to work with mathematical concepts such as probability and statistical quantitative analysis. Ability to apply concepts such as fractions, percentages, and ratios to practical situations.
Computer Skills
Must have a high level of proficiency with the Microsoft Office suite of applications including Excel, Word, and Access. Must be proficient with Oracle applications and have a working knowledge of SQL and/or Sequel including updating, maintenance, running and its relationship to Access and other environments, Toad and/or SQL Navigator applications for Oracle.
REASONING ABILITY
Ability to solve practical problems and deal with a variety of concrete variables in situations related to federal reporting, projects costing, financial reporting, cost allocation plans, Oracle integrated system analysis, and other complex situations. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
CERTIFICATES, LICENSES, REGISTRATIONS
Designation as a Certified Public Accountant or a master’s degree in a related field preferred. CONSEQUENCES OF AN INAPPROPRIATE DECISION
The Authority is at risk of losing federal funding, including stimulus awards, if it does not comply with the Office of Management & Budget circulars and reporting, Federal
Transit Administration circulars and reporting, and House of Representatives Transportation & Infrastructure reporting. The Authority is a risk of not being in compliance with generally accepted accounting principles and the MARTA Act. The Authority is at risk of incurring substantial federal and state financial penalties and interest.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is required to sit; use hands and fingers; handle or feel; and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Work is ordinarily performed in a standard office environment. AMERICANS WITH DISABILITIES ACT If you are a qualified individual with a disability, you have the right to request that MARTA make reasonable accommodations in order to help you accomplish your work, which must still be performed in all its essential functions.
MARTA is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.
- THIS POSITION WILL BE POSTED UNTIL A POOL OF CANDIDATES HAS BEEN ESTABLISHED
Provides analytical support, consultation, and advice to staff, managers and executive staff members regarding Federal and State Regulations, which include grant programs, garnishments, employee taxes, and compensation regulation compliance. Performs cost analysis and financial analysis to assist with the Authority’s strategic business planning process. Prepares monthly and year-end close-out of all financial reporting records in accordance with Generally Accepted Accounting Principles (GAAP), the Federal Transit Administration (FTA) and the MARTA ACT. Serves as Department of Finance liaison with the Federal Transit Administration, Amalgamated Transit Union, Office of Management & Budget, Committee on Transportation & Infrastructure (U.S. House of Representatives), Federal and State Tax Offices, Fulton County Courts, Child Support Agencies and other outside agencies. Serves as consultant and “subject matter expert” for the integrated Oracle system, including General Ledger, Payroll, Accounts Payable, Grant Accounting, Labor Distribution, Projects, Accounts Receivable, Treasury, and Fixed Assets modules. Reviews complex journal entries including those related to hedging and investment derivatives, lease-leaseback transactions, bond issues and retirements, debt service management, investments and commercial paper. Serves as operational expert, support, and analyst for the Tele driver Operator Compensation System and other complex timekeeping and reporting systems. Prepares monthly and year-end close-out of all financial reporting records. Develops recommendations between departments with grant and project set ups in Oracle Grants Accounting. Serves as subject matter expert and resource to cost analysts accountants, and accounting specialists, while providing instructions on complex grant costing analysis, union contract interpretations, compensation rules and regulations, accounting transactions and financial reporting in accordance with OMB (Office of Management and Budget) circulars, GAAP, GASB (Governmental Accounting Standards Board) and other applicable guidelines and authorities. Supports Cost Analysts, Accountants and Accounting Specialists using GAAP, State Grant compliance, the reporting of Stimulus Grants, Federal and State Tax compliance, and various analyses and accounting functions. Works closely with various departments, including the Department of Technology, Department of Police Services, Office of Budget, Office of Treasury, Office of Grant Management, Office of Revenue Operations, Office of Risk Management, and the Office of Human Resources, to develop and implement complex system changes. Reviews, analyzes and recommends proposed solutions regarding FTA reports, Federal Financial Reports (FFR), National Transit Database reports, and grant requisitions of federal funds to the Authority. Implements efficiencies and writes accounting policies and procedures for General Ledger Accounting, Accounts Payable, Accounts Receivable, Labor Distribution, the Cost Allocation Plan, Grants Accounting, Project Accounting, Fixed Assets, Human Resource Organizational set-ups, Payroll Policies and Oracle System Processes.
Essential Duties And Responsibilities
- Provides analytical support, consultation, and advice to staff, managers and executive staff members regarding Federal and State Regulations, which include grant programs, garnishments, employee taxes, and compensation regulation compliance. Performs cost analysis and financial analysis to assist with the Authority’s strategic business planning process. Coordinates with Gwinnett County Transit, Cobb County Transit, the Amalgamated Transit Union State of Georgia and Federal Tax Offices, Child Support Agencies and other outside agencies to ensure compliance. Prepares monthly and year-end close-out of all financial reporting records in accordance with Generally Accepted Accounting Principles (GAAP), the Federal Transit Administration (FTA), and the MARTA ACT.
- Reviews, analyzes and sets up organizational changes, union contract changes, complex cost allocation plans, payroll system changes, and automated accounting changes in the Oracle Grants, Payroll, Projects, and Fixed Assets modules.
- Serves as the Department of Finance liaison with the Federal Transit Administration, Amalgamated Transit Union, Office of Management & Budget, Committee on Transportation & Infrastructure (U.S. House of Representatives), Federal and State Tax Offices, Fulton County Courts, Child Support Agencies and other outside agencies.
- Researches and determines the proper accounting treatment for various accounting transactions. Ensures all transactions are in compliance with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and the MARTA ACT. Initiates and conducts analysis to determine the labor cost that qualifies as capital versus operating to comply with OMB circulars.
- Reviews complex journal entries including those related to hedging and investment derivatives, lease-leaseback transactions, bond issues and retirements, debt service management, investments and commercial paper, and all other entries submitted by Cost Analysts and Accountants.
- Serves as consultant and “subject matter expert” for the integrated Oracle system, including Payroll, Grant Accounting, Labor Distribution, Project, and Fixed Assets modules. Serves as operational expert, support, and analyst for the Tele driver Timekeeping System and the Oracle Time and Labor Timekeeping System.
- Supports Cost Analysts, Accountants and Accounting Specialist using GAAP, State Grant compliance, the reporting of Stimulus Grants, Federal and State Tax compliance, and various analyses and accounting functions. Analyzes and monitors grant costing during the life of an award. Interprets, analyzes and ensures compliance with Federal
- Conducts analysis to determine the labor cost that qualifies as capital versus operating to comply with the Office of Management & Budget (OMB) circulars. Conducts detailed biweekly and monthly analysis of labor costs, operating and capital costs to assist with budget vs actual variances and to ensure that all costs are properly analyzed and reported according to generally accepted accounting practices.
- Develops recommendations between departments with grant and project set ups in the various integrated Oracle financial modules. Works closely with various departments, including the Office of Information Systems, Office of Budget, Office of Treasury, Office of Grant Management, and the Office of Human Resources, to develop and implement efficiencies and complex system changes.
- Monitors and analyzes variances between FTA award amounts and the Authority's financial set ups in the Oracle Grants Accounting integrated system.
- Reviews, analyzes and recommends proposed solutions to FTA reports, Federal Financial Reports (FFR), National Transit Database reports, and grant requisitions of federal funds to the Authority.
- Implements efficiencies and writes/updates accounting policies and procedures for Labor Distribution, the Cost Allocation Plan, Grants Accounting, Project Accounting, Fixed Assets, and Human Resource Organizational set ups, Payroll Policies, Accounts Receivable and General Ledger, and Oracle System Processes.
- Reviews all GL account reconciliations and effect correcting entries as necessary on a timely basis. Assist managers with the external audit process and works closely with the external auditors, pension and Postemployment Benefits Other than Pension (OPEB) actuarial and departments/offices of the authority to ensure its timely completion. Participates on the MARTA team during the FTA Triennial Review of the Authority. Responds to FTA requests and provides supporting documentation during the Financial Management Oversight and Cost Allocation Plan reviews. Manages the wages and salary information for employees (W2), pension analysis and medical cost analysis.
- Performs other related duties as assigned.
Cost Analysts, Accountants and Accounting Specialists
Safety Responsibilities
Takes every reasonable precaution given the circumstances to ensure the protection of employees, patrons, and members of the public. Identifies and informs employees of hazards in the workplace. Determines safe work methods and ensures employees are notified of new and modified methods. Ensures employees are trained on safety policies and procedures. Ensures employees follow procedures. Responds to health and safety concerns of employees in a timely manner
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION And/or EXPERIENCE
A bachelor’s degree in finance, accounting or related field with a minimum of eight years of progressive professional experience in accounting, finance or business analysis. Specific job-related experience is required in at least two of the following areas: general ledger accounting, generally accepted accounting principles, GASB interpretation and implementation, bond analysis, financial reporting, transit industry grant programs, grant costing, cost accounting, cost allocation plans, project accounting, Oracle integrated system set-ups, FTA guidelines, OMB guidelines, NTD (National Transit Data) reporting, and stimulus grant reporting. Designation as a Certified Public Accountant or a master’s degree in a related field may substitute for one year of experience.
Language Skills
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. MATHEMATICAL SKILLS Ability to work with mathematical concepts such as probability and statistical quantitative analysis. Ability to apply concepts such as fractions, percentages, and ratios to practical situations.
Computer Skills
Must have a high level of proficiency with the Microsoft Office suite of applications including Excel, Word, and Access. Must be proficient with Oracle applications and have a working knowledge of SQL and/or Sequel including updating, maintenance, running and its relationship to Access and other environments, Toad and/or SQL Navigator applications for Oracle.
REASONING ABILITY
Ability to solve practical problems and deal with a variety of concrete variables in situations related to federal reporting, projects costing, financial reporting, cost allocation plans, Oracle integrated system analysis, and other complex situations. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
CERTIFICATES, LICENSES, REGISTRATIONS
Designation as a Certified Public Accountant or a master’s degree in a related field preferred. CONSEQUENCES OF AN INAPPROPRIATE DECISION
The Authority is at risk of losing federal funding, including stimulus awards, if it does not comply with the Office of Management & Budget circulars and reporting, Federal
Transit Administration circulars and reporting, and House of Representatives Transportation & Infrastructure reporting. The Authority is a risk of not being in compliance with generally accepted accounting principles and the MARTA Act. The Authority is at risk of incurring substantial federal and state financial penalties and interest.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is required to sit; use hands and fingers; handle or feel; and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Work is ordinarily performed in a standard office environment. AMERICANS WITH DISABILITIES ACT If you are a qualified individual with a disability, you have the right to request that MARTA make reasonable accommodations in order to help you accomplish your work, which must still be performed in all its essential functions.
MARTA is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.