Metropolitan Transportation Commission (MTC)
San Francisco, CA
Capital Asset Senior Accountant
$111,700.16 - $141,662.98 Annually
Remote Employment: Flexible/Hybrid
Position posted as open until filled.
IF YOU ARE INTERESTED, PLEASE APPLY IMMEDIATELY
A resume and cover letter are not required with your application, but highly encouraged
Be ready to rethink your assumptions about the public sector. Flexible hours? Flexible work location? A beautiful, well-located, high amenity building for on-site work? Yes, yes, and yes!
The Metropolitan Transportation Commission (MTC) is the transportation planning, financing and coordinating agency for the nine-county San Francisco Bay Area. For more information about MTC, visit www.mtc.ca.gov.
The Capital Asset Senior Accountant position will be filled at the Associate level and will be responsible for all aspects of accounting associated with the management of tangible and intangible capital assets. Duties include, but are not limited to, review of invoices and contracts associated with capital projects; working in coordination and collaboration with other departments to identify capitalizable assets in accordance with GAAP, GASB requirements, and Federal and State regulations; and assist in developing/updating the Capital Asset Management policies and procedures in coordination with other departments within the agency.
All employees at MTC are classified as Disaster Services Workers.
SKILLS AND ABILITIES
The ideal candidate will have the following knowledge, skills, and abilities:
Knowledge of:
- Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and Financial Accounting Standards Board (FASB);
- Principles and best practices of governmental fund accounting, reporting, and auditing;
- Federal and state grant rules and regulations and reporting requirements including OMB super Circular 2CFR Part 200 (Uniform Administrative Requirements, Cost Principles, and Audit requirements for Federal Awards);
- Capital assets management;
- Function, capability, application and operation of computer-based financial accounting systems.
Skills and Abilities
- Plan and organize work activities; effectively manage multiple tasks;
- Critical and analytical thinking;
- Ability to use resources to identify problems, solve, act decisively, and show good judgement in decision making;
- Ability to perform both complex and routine accounting, financial and statistical work with speed and accuracy;
- Ability to communicate clearly and concisely, both orally and in writing.
MINIMUM QUALIFICATIONS
An appropriate combination of education and experience that has provided the required knowledge, skills and abilities is qualifying. A typical way of obtaining the required qualifications is:
Education: A Bachelor's degree in accounting, public administration, business administration, finance or related field, including completion of a minimum of 24-semester hours in accounting. A Master's degree in an applicable discipline or CPA certification is highly desirable. (Applicants with a degree issued from an institution outside the United States must have their transcripts evaluated by an academic accrediting service and provide proof of equivalency along with their application.)
Experience: Five years of increasingly complex and responsible accounting and auditing experience that includes three (3) years of increasingly complex and responsible accounting and capital asset management; demonstrated proficiency serving as functional lead for two major accounting program areas; including the equivalent of two years as an Accountant/Auditor II in MTC.
Preferred Experience:
Experience in capital assessment management, governmental fund accounting, and financial statement preparation is highly desirable.
License/Certificate: Possession of a valid California Class C driver's license and a safe driving record, or the ability to provide alternate transportation which is approved by the appointing authority.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Specific duties and responsibilities include, but are not limited to, the following:
- Review of capital projects and operating accounts to capitalize/expense assets; disposal and timely recording of assets.
- Review of invoices and contract to ensure the accuracy of capital assets accounting records in accordance with the Generally Accepted Accounting Principles (GAAP); Governmental Accounting Standard Board (GASB); Federal and State grant rules; and regulations including OMB super circular 2CFR Part 200.
- Manage fixed asset activity including performing system depreciation expense and capitalization of assets in the capital asset system.
- Analyze accounting data in the capital asset system, subsidiary, and general ledger to review and highlight variances, trends, exceptions and discrepancies, taking action as appropriate.
- Prepare month-end capital asset reconciliations between capital asset system and General Ledger.
- Identify and document accounting treatment (capital or expense) for capital asset projects. • Ensure historical reference by documenting procedures and decisions, maintaining required documentation, and providing documents as necessary.
- Establish and maintain strong, collaborative relationships with project managers and other departments to ensure the accuracy of capital assets accounting treatment.
- Assist in developing/updating the Capital Asset Management policies and procedures in coordination with other departments within the agency.
- Perform and coordinate the annual equipment inventory review.
- Support lease accounting compliance by managing lease activity records.
- Assist in the monthly financial close activities.
- Prepare capital assets schedules for various audits (e.g. financial statements audits, federal audit, state audit, etc.) and provide documentation for auditors as necessary.
- Perform other job-related duties as needed or assigned by the Section.
HYBRID WORK - Employees may need to be in the office for some assignments/tasks that can only be done onsite or at a designated MTC work assignment location. This position is primarily remote. However, in-person attendance on-site will be on an as needed basis.
