Skip to main content

This job has expired

Sr. Manager Revenue, Accounting

Employer
Washington Metropolitan Area Transit Authority
Location
Washington D.C
Closing date
Mar 21, 2023

View more

Industry
Delivery and Transportation
Function
Management, Program Manager
Hours
Full Time
Career Level
Experienced (Non-Manager)
Send job

Job Details

General Hybrid Work Statement:

This opportunity is a hybrid opportunity allowing for flexibility between virtual and in-person work subject to the Authority's telework policy.

MINIMUM QUALIFICATIONS

Education
  • Bachelor's degree in Accounting, Business Administration, or related field.

Experience
  • Minimum seven (7) years of demonstrated experience in the accounting, financial reporting, and/or analysis of financial information in an accounting environment, using automated financial systems
  • Demonstrated experience applying US GAAP to accounting transactions, to include a minimum of five (5) years' experience managing accounting personnel performing revenue and billing activities, preparing financial statements, and/or interpreting and implementing US GAAP.

Certification/Licensure
  • N/A

Preferred
  • Education
    • Bachelor's degree in Business Administration, Accounting, Finance, or a related field.
  • Experience
    • Expertise using large enterprise resource planning (ERP) systems, including PeopleSoft Financials, Oracle, or SAP in an organization of comparable size and complexity.
    • Experience managing revenue and billing activities.
    • Knowledge of revenue recognition standards.
  • Certification
    • Certified Public Accountant (CPA)
    • Certified Governmental Financial Manager (CGFM)

Medical Group

Satisfactorily complete the medical examination for this position, if required. The incumbent must be able to perform the essential functions of this position either with or without reasonable accommodations.

SUMMARY

The Senior Manager, Revenue builds and sustains teams to effectively manage change, people, systems, and processes specific to the Authority's revenue recognition and billing activities. In addition, the incumbent accurately researches and applies generally accepted accounting principles (US GAAP) to complex transactions and financial reporting; develops and implements policies, procedures, and best practices; and establishes and maintains internal controls. The Senior Manager, Revenue oversees processes to ensure the timeliness and accuracy of revenue activities by effectively leveraging automation and technology.

ESSENTIAL FUNCTIONS
  • Oversees the accurate processing of accounts receivable invoices, posting of cash receipts, and interpretation and execution of revenue recognition standards.
  • Manages, and evaluates revenue activities to ensure the timeliness and accuracy of accounting-related financial reports.
  • Establishes and ensures appropriate internal controls are in place and being followed to prevent or detect financial misstatements, fraud, waste, and/or abuse and develops and implements remediation activities to address gaps and audit findings.
  • Establishes processes for ensuring the quality and accuracy of financial information in reports distributed to internal and external stakeholders, auditors, and all levels of management.
  • Develops and reports on quantitative and qualitative performance metrics used to measure the effectiveness and accuracy of receivable activities and implements appropriate process changes to improve metrics.
  • Reconciles general ledger accounts and ensures reconciling differences are thoroughly explained and resolved in a timely manner.
  • Manages the timely and accurate preparation of financial statements and schedules, journal entries, and account classifications based on US GAAP policies.
  • Stays informed on US GAAP policies and procedures, best practices, and technology and implements appropriate training/procedures to ensure staff compliance and accurate application.
  • Recommends and implements modifications to improve financial processes and systems and automates manual processes using technology to enhance reporting and oversight responsibilities.
  • Develops and implements knowledge sharing, succession plans, and cross training and ensures that desk manuals and other policy and procedural documentation are developed and remain current.
  • Serves as primary point of contact for issues relating to the Authority's billing activities and responds timely and accurately to requests for information from customers, internal departments, senior leadership, auditors, and other stakeholders.
  • Supervises staff, including but not limited to coaching; holding career path discussions; recommending applicant selection; imposing disciplinary actions; resolving grievances, difficult personnel, and task related issues; directing, reviewing, and approving assignments; approving leave requests and time sheets; and ensuring appropriate training is provided.

The functions listed are not intended to limit specific duties and responsibilities of any particular position. Nor is it intended to limit in any way the right of managers and supervisors to assign, direct and control the work of employees under their supervision.

Evaluation Criteria
Consideration will be given to applicants whose resumes demonstrate the required education and
experience. Applicants should include all relevant education and work experience.

Evaluation criteria may include one or more of the following:
• Skills and/or behavioral assessment
• Personal interview
• Verification of education and experience (including certifications and licenses)
• Criminal Background Check (a criminal conviction is not an automatic bar to employment)
• Medical examination including a drug and alcohol screening (for safety sensitive
positions)
• Review of a current motor vehicle report

Closing
WMATA is an equal opportunity employer. All qualified applicants will receive consideration for
employment without regard to race, color, religion, sex, sexual orientation, gender identity, national
origin, disability, status as a protected veteran, or any other status protected by applicable federal
law.
This posting is an announcement of a vacant position under recruitment. It is not intended to replace
the official job description. Job descriptions are available upon confirmation of an interview.

Company

The Washington Metropolitan Area Transit Authority operates the second largest rail transit system and the fifth largest bus network in the United States. Safe, clean and reliable, "America's Transit System" transports more than a third of the federal government to work and millions of tourists to the landmarks in the Nation's Capital.

Metro has earned a worldwide reputation for security and architectural beauty. WMATA is clearly the employer of choice for over 10,000 area residents. The Authority was created in 1967 by an interstate compact to plan, develop, build, finance and operate a balanced regional transportation system in the National Capital area. Construction of the Metrorail system began in 1969. Four area bus systems were acquired in 1973. The first phase of Metrorail began operation in 1976. The final leg of the original 103-mile rail network was completed in early 2001. Metrorail now operates 83 stations. One line extension and three new stations are now under construction.

Metrorail and Metrobus serve a population of 3.4 million within a 1,500-square-mile area. The transit zone consists of the District of Columbia, the suburban Maryland counties of Montgomery and Prince George's and the Northern Virginia counties of Arlington, Fairfax and Loudoun and the cities of Alexandria, Fairfax and Falls Church. Overall, about 40 percent of the region's residents commute to work on Metro.

Metro and the federal government are partners in transportation. Half of the 83 Metrorail stations serve federal facilities and 36 percent of the local federal workforce uses Metro. We are committed to being an integral part of the Washington metropolitan area by ensuring the best in safe, reliable, cost-effective and responsive transit services, by promoting regional mobility and by contributing toward the social, economic and environmental well-being of our community. Employees are Metro.; We are committed to providing a working environment that fosters a high standard of performance, recognition for contributions and innovations, mutual respect and a healthy quality of life.

We are committed to developing ourselves through technology, training and education. We recognize our diversity as a source of strength that enables us to attain individual and Authority goals. In addition to competitive salaries, Metro employees enjoy a number of attractive benefits. These benefits include paid time off in the form of vacations, holidays and sick leave; medical, dental, life insurances as well as long term disability. Retirement is planned for through a defined contribution plan and a deferred compensation plan. Alternative work schedules, teleworking and free transportation on Metrorail and Metrobus make for an great benefits package for WMATA employees.Jump to our website to apply online for current openings and save the link for future vacancies as they occur.http://content.wmata.com/jobs/employment_opportunities.cfm

 

 

Company info
Website
Location
600 Fifth St. NW
 Washington
DC
20001
US
Send job

Get job alerts

Create a job alert and receive personalized job recommendations straight to your inbox.

Create alert