AddressMove forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers to their destinations on time–and we're looking to hire talented folks with a commitment to excellence to make it all possible.
Roles and Responsibilities:
- Manages the use, development, implementation, maintenance, and enhancement of the Microsoft Dynamics Billing and Accounts Receivable system.
- Manages the preparation of monthly department journal entries and submission to the General Ledger Dept., in accordance with the monthly Finance Dept. Closing Schedule.
- Manages the accurate and timely issuance of invoices for all areas of responsibility including Real Estate Leases & Occupancy Permits, Parking Lot operating Agreements, Advertising on NJ TRANSIT equipment/stations/billboards, Bulk Sales of passes/tickets, Metro-North/Other Operating Subsidies, Benefits for employees on leave, Sale of scrap metal/Fixed Assets/Inventories, etc.
- Interacts with other NJ TRANSIT Departments’ staff and management, as well as external personnel for the resolution of collection issues and disputes.
- Manages the input to and output from the various online applications to ensure compliance with GASB, Lease Accounting, and preparation of related journal entries.
- Manages the establishment of Billing and Accounts Receivable procedures and performance standards for all departmental areas of responsibility.
- Manages requests from and interacts with Federal, State, external, and internal auditors, especially as required for the annual fiscal year-end audit and Financial Statement Footnote preparation.
- Coordinates with the Treasury Department on payments received for proper application to invoices.
- Manages the preparation of monthly and Fiscal year-end accruals of unbilled amounts.
- Encourages a customer service environment for internal and external parties, focused on service
- delivery, procedural compliance, continuous improvement, and use of technology.
- Manages staff attendance, goal setting and preparation of regular performance assessments.
- Leads and manages other duties, as required.
This position supervises
- Billing Associate Manager
- Financial System Project Manager
- Principal Accountant
- Senior Accountant
- Agreement staff member
Education, Experience, and Qualifications:
- Bachelor’s Degree in Finance, Accounting, Business Administration or related area
- Three (3) years of applied experience in accounting or financial management, preferably related to Accounts Receivable.
- Knowledge of GAAP, GASB and computerized financial systems required.
- Experience with Microsoft Dynamics GP, and Oracle is preferred.
- Prior managerial experience is helpful.
- Must be able to communicate effectively, both verbally and in writing to internal and external individuals at all levels.
Knowledge and Skills:
- Possesses an understanding of the Sales Order Processing, Recurring Billing and Receivables Management modules in Microsoft Dynamics GP.
- Knowledge of GAAP related to proper revenue recognition.
- Understand the requirements under various GASB Statements.
- Skilled in G/L Account reconciliations and journal entries.
- Act as subject matter expert for all areas of responsibility.
- Intermediate to Expert level knowledge of Microsoft Excel and Word.
- Preferred working knowledge of Microsoft Dynamics GP and Oracle Financials.
At NJ Transit, you will enjoy a competitive salary and excellent benefits package:
- Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision
- Flexible Spending Account
- Life Insurance
- Paid Leave
- Tuition Assistance
- Commuter benefits
- 401(a), 401(k) Retirement Plans – up to 9% employer contribution
At NJ TRANSIT, diversity and inclusivity are vital to our success as are committed to hiring individuals from diverse backgrounds, experiences, abilities, and veteran status. As an Equal Opportunity Employer, we encourage all qualified applicants to apply and join our team.
