Senior Accountant

At the MBTA we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe reliable and accessible transportation. MBTAs Core Values are built around safety service equity sustainability and culture. Each employee that works for the MBTA performs their roles based on our vision mission and values. This includes attendance participation and contribution in local safety committee meetings as needed.

The Senior Accountant is responsible for the accounting related to the Authoritys Capital Investment Plan (CIP) with a budget of more than $20B including over 600 Capital projects with various federal state and bond funding sources. The position provides accounting analysis reporting reconciliations and audit schedules on capital expenditures and revenues. A critical aspect of this position will be focused on the fixed asset accounting of more than $22B of assets the physical inventory and maintaining policies and procedures. The position is also responsible for ensuring that the Authority is in compliance with generally accepted accounting practices (GAAP) and federal regulations in accordance with 2CFR200 and 5010.1F.

• Manage the monthly transfer of capital expenditures to the Construction Work in Progress Account (CWIP) and the transfer from CWIP to Fixed Assets for additions and recording on the Fixed Asset Register and General Ledger.
• Manage fixed asset dispositions and liaise with the FTA.
• Oversee the updating of the Authoritys fixed asset database in Oracle/PeopleSoft - Financial Management Information Systems (FMIS) ensuring that fixed asset additions and dispositions are reconciled with the Fixed Asset Register and the Enterprise Asset Management System.
• Lead the annual physical inventory process to ensure compliance with Federal Regulations 5010.1F and 2CFR200.
• Perform month end close activities related to all capital accounting areas including reviewing and recording journal entries and balance sheet account reconciliations.
• Prepare and assist with the preparation of the issuance of monthly quarterly and annual financial statements on both statutory basis and the generally accepted accounting practices basis (GAAP).
• Prepare and assist with reporting and audit requirements of federal and state grant programs and all ancillary reporting requirements prescribed by the federal state and other governmental partners including quarterly FFRs (Federal Financial Reporting) and the annual SEFA (Schedule of Expenses of Federal Awards).
• Support the Manager of Capital Accounting in the overall coordination and completion of the annual audits of the financial statements by independent auditors various external auditors and internal auditors.
• Assist with the coordination of reconciliation of and preparation of all audit documentation schedules and work papers for efficient completion of annual audit federal audits and examinations internal audits from MassDOT and any other third-party audit and review engagements.
• Maintain records and reports in compliance with the Authoritys accounting policies and procedures.
• Develop and maintain policies and procedures in compliance with governmental agency requirements.
• Prepare and process billing for grants at the federal and state level utilizing the financial systems of the Federal Transit Administration (FTA) other federal entities and the Commonwealth financial systems for state funded grants and reimbursements.
• Lead the quarterly accrual process.
• Respond to each inquiry from customer vendor or co-worker in a courteous and professional manner.
• Perform ad hoc requests as needed.

• Bachelors degree from an accredited institution in Accounting Finance Business Economics or related field.
• Five (5) years of experience in accounting audit and financial analysis.
• Experience with Oracle/PeopleSoft accounting system or other ERP systems.
• Experience in project accounting or fixed asset accounting.
• Effective organizational analytical quantitative multitasking and time management skills.
• Proficient in Word Excel PowerPoint and Oracle Database applications.

• A High School Diploma or GED with an additional seven (7) years of directly related experience substitutes for the Bachelors degree requirement.
• An Associates degree from an accredited institution and an additional three (3) years of directly related experience substitutes for the Bachelors degree requirement.
• A Masters degree in a related subject substitutes for two (2) years of general experience.
• A nationally recognized certification or statewide/professional certification in a related field substitutes for one year of experience.

Preferred Experience and Skills

• Masters degree from an accredited institution in Accounting or a CPA.
• Experience working in the public sector and/or transit industry.
• Experience working collaboratively with project management through all phases development planning engineering construction and closeout.
• Capital grant accounting experience.
• Grant/contract accounting experience.
• Grant application and/or monitoring budget versus actual.

Job Conditions:

• Ability to effectively read comprehend communicate and respond to instructions orders signs notices inquiries English.
• Be at least eighteen (18) years of age except if participating in an approved high school internship / co-op program.
• Ability to commute to assigned work locations in the Boston MA metro area as required by the role.
• Ability to provide internal and external customers with courteous and professional experiences.
• Ability to work effectively independently and as part of a diverseworkforce team (or supervise if required).
• Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers.
• Ability to adhere to rules regulations collective bargaining agreements (if applicable) and policies of the MBTA including the EEO anti-discrimination anti-harassment and anti-retaliation policies.
• Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if current student or recent graduate) including overall employment job performance discipline and safety records (infractions and/or offenses occurring after the closing of the posting and before the filling of a vacancy may preclude a candidate from consideration for selection).
• Ability to pass a Criminal Offender Record Information (CORI) check comprehensive background screening and / or medical Clinic screening potentially including physical examination and drug and alcohol screenings.
• Ability to work all shifts and / or locations assigned directed or necessary for this position including (for some transit / operations roles) up to twenty-four (24) hours per day seven (7) days per week as necessary to accommodate severe weather conditions emergencies or any other circumstances that may potentially impact service or the safety of service.
• Intern / co-op staff must be enrolled full or part-time in an accredited educational program and maintain a cumulative GPA of at least 2.5 for the entire duration of the internship / co-op. Additionally interns / co-ops must have valid work authorization and U.S. Social Security Numberprior to starting pre-employment screenings / pre-boarding working in their positions and throughout the duration of their program.

Disclaimers and Definitions:

1. General Disclaimer: The statements contained in this job description are intended to describe a summary general nature and complexity of typical job functions and do not represent an exhaustive list of all duties tasks and responsibilities required of staff assigned to this position.
2. Application Completion: It is each applicants responsibility to ensure application details are entered completely and correctly including updated work and education histories (past and current). Incomplete applications may not be considered. Attachments do not substitute for application fields. The recruitment team does not have access to existing employee data / history.
3. Application Deadlines:Applicants should apply as soon as possible as the MBTA may stop considering applicants after a sufficiently large applicant pool is established.
4. Work Environment:The physical demands and work environment characteristics described here-in are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions. See job description for role-specific requirements.
5. Work Eligibility:All employees must be legally authorized to work in the United States and on an unrestricted MBTA does not have an employer work sponsorship program. However if you have unrestricted work authorization or are sponsored by a separate entity you are welcome to all persons hired will require a U.S. Social Security Number prior to starting the position and employees will be required to complete a Form I-9 to verify their identity and eligibility to work in the U.S.
6. Interviews:Candidates should ensure they arrive on time are prepared can remain for the duration and if remote are in a quiet place without distraction for the interview. Candidates who do not attend their interview without advance authorization including an email confirmation of a rescheduled time/date from Human Resources will be considered a no-show and disqualified from consideration for the position. Related to rescheduling on a one-time basis and due to something emergent you may be allowed to reschedule the addition Human Resources may require documentation supporting the request. However should you need to reschedule you will need to contact your Recruiter directly by email.
7. Safety Sensitive Positions:Employees working in this classification will be subject to periodic physical examinations plus random drug and alcohol testing.
8. On-call or 24/7 Positions:Employees working in this classification must be available to respond to page / text / call and report to work as determined by assigned department or the Authority.
9. Essential / Emergency Staff:During declared states of emergency employees working in this classification are required to report to work for their assigned work hours or as directed by management.
10. ADA Accommodations: The MBTA makes reasonable accommodations for applicants with disabilities. If you require an accommodation during this process please contact the MBTAs ADA Unit at or .
11. Diversity Equity and Inclusion:The MBTA is an Equal Employment Opportunity Employer. For terms descriptions and definitions related to diversity equity inclusion veteran status and immediate family members that you may find on the application form please visit / Co-Op Benefits: Employees taking part in an internship orco-opat the MBTA are eligible to receive accrued paid sick leave as well as a monthly transportation pass based on the city from which the intern / co-opcommutes to workat no cost. However no additional benefits are currently offered for interns orco-ops.