Accss Financial Officer

Location
MD
Posted
Sep 16, 2019
Closes
Sep 28, 2019
Ref
190776
Function
Other
Hours
Full Time
Department Marketing Statement

Are you a naturally curious team member with an inclination for scouring operational and financial data sets to support data-driven decision-making and driving higher performance? If so, would you like to become a part of MetroAccess, the premier transit operation in our nation's capital?

As a MACS Financial Officer, you will play a key role in coordinating the accurate and timely capture of financial and contractual outcomes associated with complex multi-year performance-based contracts. MetroAccess will rely on your contract administration experience and penchant for independent qualitative/quantitative data research and validation as you identify and thoughtfully present management with trends on contract business operations. As a valued team member, you will leverage robust analytical and advanced Excel skills to enhance the team's data mining efforts. The inherent attention to detail in your work approach will ultimately drive performance scorecards, compliance measurement and accurate payments for our contract business partners.

Minimum Qualifications

Education
  • Bachelor's Degree in Business Administration, Economics, Finance, Accounting, or related field

Experience
  • A minimum of six (6) years of experience in budget program development, analysis, and implementation within a transportation industry setting including heavy rail, paratransit and/or bus operations field experience

Certification/Licensure
  • N/A

Preferred
  • Master's Degree in Business Administration, Economics, Finance, Accounting, or related field

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.

Job Summary

The ACCS Financial Officer develops, submits, and monitors the Department of Access Services (ACCS) budget in accordance with the department's business plan and guidance received from the office of the Chief Operating Officer and the Office of Management and Budget Services (OMBS). The ACCS Financial Officer performs analysis throughout the year, and works with department leadership to ensure budget adherence. The ACCS Financial Officer serves as a liaison between ACCS and OMBS on all financial, accounting, grants, and asset management issues as well as accruals, forecasts, and required financial reporting, both internal and external. In addition, the incumbent performs financial feasibility analyses for prospective initiatives and investigative analyses to produce corrective measures in response to unfavorable financial results.

Essential Functions
  • Develops detailed department budget submittal on an annual basis, and in the process, performs in-depth technical analysis of all areas of paratransit service operations and administration, including but not limited to contract administration; rolling stock acquisition and maintenance; Information technology (IT) systems; operations support; training; quality assurance; personnel and labor administration; and resource allocation. Performs similar analysis for the Americans Disability Act Policy & Planning (ADAP) and Eligibility Certification & Outreach (ELIG) offices to fulfill Authority business requirement.
  • Collaborates with OMBS in the development of subsidy requirement, forecasts, creates annual budget documents (including detailed reports), and the identification of creative and innovative business solutions that deliver cost effective quality service to facilitate relationship with OMBS and accuracy of data reporting.
  • Ensures budget goals are accomplished through proactive monitoring of operating and capital budget performance, development of risk mitigation plans, and guiding and directing all levels of management within the department to ensure alignment with WMATA's goals of fiscal and budget responsibility.
  • Produces reporting that allows management to review both the operating and capital budget detail, and to explain budget variance based upon the supporting detail. Completes projections and explains variance with detailed charts and data. Provides independent evaluation of operating performance trends and performance effectiveness by adhering to the budget.
  • Submits monthly reporting information on department accruals to OMBS, and represents the department in follow-up meetings and requests for explanations to fulfill Authority business requirement.
  • Provides full-service support to the MetroAccess Services (MACS) Director and Financial Operations Manager in the production of financial reports, PeopleSoft receipting, and other required submittals. Works with field personnel as needed to provide system training and ensure adherence to approved budget execution policies in support to MACS office to focus efficiently on compliance functions and contractor billing, lending additional financial expertise as needed.

Other Functions
  • Prepares ridership and revenue estimates on a current, annual, and long-term basis to enable the Authority to plan for future expenses or business challenges.
  • Provides support on the preparation of the annual Plan of Contracts, ensuring that it aligns with the available budget by enabling budget adherence while capturing department goals and objectives that are to be implemented via contracts.
  • Conducts special budget-related research and analytical projects/studies associated with a variety of operational initiatives, including but not limited to reorganization, alternate business models for contracted services, and other accessibility-related projects by understanding the department priorities and budget requests.
  • Produces presentation materials as needed for the Assistant General Manager of ACCS. Also, supports approval of department budget requests.
  • Proposes improvements for department cost containment, revenue enhancements, and subsidy reductions, and conducts related analytical studies. Responds to fluctuations in financial performance that could undermine attainment of financial/budgetary goals.
  • Creates purchase requisitions and follows through the procurement life cycle to purchase order sourcing and dispatch (i.e., processing receipts and invoices), and provide updates based on developed tracking tool to ensure that purchases conform to applicable procurement policies.
  • Tracks funds on purchase orders and ensures availability of funds, monitors vendor payable cycles, and sets up tracking for invoice aging reporting on a monthly basis. Flags problem invoices and works with departments to resolve the issues in order to fulfill Authority business requirement.

The essential duties 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:
  • Personal Interview
  • Skills Assessments
  • Verification of education and experience
  • Criminal Background Check
  • Credit history report for positions with fiduciary responsibilities
  • Successful completion of a medical examination including a drug and alcohol screening
  • Review of a current Motor Vehicle Report

Closing

Washington Metropolitan Area Transit Authority, a Federal contractor, is an Equal Opportunity / Affirmative Action employer. All qualified applicants receive consideration for employment without regard to race, color, creed, religion, national origin, sex, gender, gender identity, age, sexual orientation, genetic information, physical or mental disability, or status as a protected veteran, or any other status protected by applicable federal law, except where a bona fide occupational qualification exists. Our hiring process is designed to be accessible and free from discrimination.

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.

Similar jobs