General Summary

Under minimal supervision, this position is responsible for daily oversight of the District's accounting functions and related activities including administration of the financial system, general ledger, balance sheet account balancing, and banking reconciliation. Additionally, the Sr. Accounting will oversee daily work verifying and approving transactions from subsidiary ledgers performed by junior staff; GASB, GAAP & LTD accounting policy and process subject matter expert, assisting with the District's budget & forecasting processes; applying the principles of accounting to analyze and report on financial information and perform variance analysis, predictive analytics, scenario modeling and associated narratives; providing accounting, grant, and audit process support and improvements; performing varied and complex technical accounting analysis; and assisting with strategic financial management. This position will oversee generation the department financials including the Comprehensive Annual Financial Report (CAFR), Statement SEFA, Annual Budget, analyze and report on financial information and perform variance analysis, predictive analytics, scenario modeling and associated narratives.

Essential Duties & Responsibilities

The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by employees in this job. Employees may be requested to perform job-related tasks other than those specifically presented in this description.

• GASB, GAAP and LTD accounting policy and process subject matter expert
• Assist in year-end closing process, including analysis of account balance changes and oversight of the preparation for the Comprehensive Annual Financial Report (CAFR) to a standard that obtains the Certificate of Achievement for Excellence in Financial Reporting from the GFOA.
• Act as administrator for the automated financial system, run reports at an expert level
• Ensure that accounting activities (journal entries, closing entries, internal controls, etc.) are conducted and reported in accordance with Generally Accepted accounting Principles (GAAP) and that LTD's financial reporting complies with GASB requirements and LTD policies and processes.
• Ensure compliance to financial reporting requirements of Federal and State agencies and the LTD Board of Directors.
• Act as primary liaison to external auditors and Federal and State agency auditors in the examination of LTD's financial records to ensure timely and accurate completion of: 1) schedules and PBC requests, 2) financial reporting, and 3) reconciliations.
• Ensure compliance with Oregon Budget Law. Assists in mid-year forecast, annual budget & monthly reporting.
• Ensure that written accounting policies exist and are updated to provide for strong internal controls and safeguarding of LTD's assets, as well as, accurate and timely reporting of financial data.
• Ensure standard operating processes for accounting functions are timely, accurate, and repeatable.
• Reviews and analyzes agency accounting procedures & GL structure for conformance with laws, regulations and GAAP/GASB.
• Performs audits to ensure accounting policy/procedure compliance and general ledger propriety.
• Performs audits of cash processes
• Assists with the National Transit Database Reporting by providing required financial information.
• Completes monthly bank reconciliations
• Approve journal entries, monitor and review transactions
• Other related duties as assigned
• Provide senior management the analysis, scenario modeling, narratives and information needed to make operational, financial and strategic decisions. This analysis includes, but is not limited to account balance variance analysis, predictive analytics, payroll tax analysis, rolling forecasts and financial modeling for collective bargaining negotiations.
• Provides understanding and backup for the District's accounting systems including payroll, AR, and AP processes.
• Other related duties as assigned.

Supervisory Responsibilities

• This position has no direct supervisory responsibilities but does serve as a coach and mentor for other positions in the department.

Fiscal Responsibility

• Adhere to Generally Accepted Accounting Principles and the Governmental Accounting, Auditing and Financial Reporting standards
• Adhere to Federal Transportation Authority and Oregon Department of Transportation grant requirements
• Practice Due Professional Care in regards to District financial transactions, revenue and expenditures
• This position adheres to procurement policies and procedures including managing contract compliance. This position also assists in the development, management, and reconciliation of the budget.

Minimum Qualifications

Required Education and Experience

Any equivalent combination of education and experience which provides the knowledge, skills, and abilities required to perform the job. Education and course work can substitute for years of experience. Typical qualifications would be:

Experience:

• A bachelor's degree with specialization in accounting from a recognized college or university.
• A minimum of five (5) years of experience in public or private sector accounting or finance.
• Intermediate Microsoft Excel skills.
• Experience as a finance/accounting professional.

Preferred:

• A master's or advanced degree.
• Demonstrated experience:
  • Advanced Microsoft Excel skills.
  • FTA and ODOT guidelines for grants accounting and reimbursements.
  • Managing an automated financial system

Competencies for Successful Performance of Job Duties

Knowledge of:

• Accounting theory; principles, practices, and current accounting standards (GAAP & GASB), and their application to a wide variety of accounting transactions and problems.
• Knowledge of government fund reporting and accounting rules & regulations (GASB, GAAP).
• Analysis, scenario modeling, reporting, forecasting, and coordinating cross-organizational projects
• English grammar, spelling, and punctuation
• Modern office procedures, methods, and computer equipment
• Principles and practices of basic bookkeeping

Ability to:

• Meet schedules and deadlines of the work
• Develop and improve processes and systems
• Problem solve, analyze, as well as create scenario models, reports and forecasts
• Maintain the confidentiality of information and professional boundaries
• Present key business and financial matters to those without a finance background
• Analyze, evaluate, and develop solutions to issues
• Disseminate information, evaluate facts, determine alternative solutions to problems, and reach sound management and business decisions
• Communicate effectively, both orally and in writing
• Write and present executive reports

Position Type and Expected Hours of Work

• Will sometimes be required to work and/or attend meetings or events in public and at all LTD locations.
• Monday through Friday 8am until 5pm
• Occasional abnormal hours are expected and required for specific events and to reach all employees.

Travel

• Travel within the metropolitan area is required.

Working Conditions & Physical Demands

• May work in a normal office environment and/or remote office as approved.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• This position is a full-time, exempt position, eligible for the regular administrative benefits package.
• The pay range is between $94,500.00 and $127,900.00 annually.

Human Collaboration & Job Impact

• Regular communication inside and outside the organization to exchange ideas and gather information that can be used to influence LTD decisions, policy, projects, or program design or management. Some degree of tact, negotiation, and/or confidentiality. Some decisions made will commit the organization.

How To Apply:

Visit our website to submit your application and include a resume and cover letter. Complete additional assessments as requested. For additional information call (541) 682-6182.

EEO Statement

• LTD is an equal opportunity employer.