Senior Manager Lease Accounting

This position is eligible for teleworking, which is currently one day per week. New hires are eligible to apply 30 days after their effective hire date.    

Opening:

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities.

Position Objective:

This role leads the preparation and review of monthly lease accounting reconciliations and journal entries while ensuring compliance with accounting standards and regulations. The Senior Manager-Lease Accounting is responsible for overseeing the annual audit process related to lease accounting matters and developing and implementing lease accounting policies and procedures.

Responsibilities:

• Lead the preparation and review of monthly lease accounting reconciliations and journal entries
• Ensure compliance with lease accounting standards and regulations
• Oversee the annual audit process related to lease accounting matters
• Develop and implement lease accounting policies and procedures
• Analyze lease agreements for accounting implications and provide technical guidance
• Collaborate with cross-functional teams to ensure accurate reporting and integration of lease data
• Monitor changes in lease accounting standards and update processes accordingly
• Performs other duties as assigned
• Complies with all policies and standards
• May be required to work hours outside regular work hours, as applicable
• Observes the work performed by contractors, as applicable
• Reviews invoices and approves them if the work has contractual standards, as applicable
• Addresses performance issues with the contractor when possible, as applicable
• Escalates issues to other parties when needed, as applicable

Required Qualifications:

Required Knowledge/Skills/Abilities:

• Accounting Compliance
• Financial Auditing
• Policy Development
• Technical Accounting Expertise
• Data Analysis
• Regulatory Knowledge
• Cross-Functional Collaboration
• Problem Solving
• Attention to Detail
• Leadership

Required Education and Experience:

• Bachelor’s Degree in Arts/Sciences (BA/BS) in Accounting, Finance, or related field
• Minimum 7 years in lease accounting or relevant financial roles

Preferred Education and Experience:

• Master’s degree in Arts/Sciences (MA/MS) in Accounting, Finance, or related field
• Minimum 3 years of progressive experience in accounting leadership positions and managerial and/or leadership roles

Other Information

Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial

Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”).

Equal Employment Opportunity

MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including those concerning veteran status and individuals with disabilities.

The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.