Principal Accountant

　　Finance

　　Job Description:

　　Move 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.

　　Summary:

　　Monitors the accounting, reporting and control of financial data to ensure the accurate maintenance and reporting of expenditures in accordance with accounting standards, NJ TRANSIT policy and procedures, and federal and state regulations.

　　Participates in the implementation and development of NJ TRANSIT policies and procedures in order to maintain consistency, improve methodology and efficiency of accounting operations.

　　Roles and Responsibilities:

　　Prepares and distributes detailed reports for all levels of management to facilitate the flow of financial information and/or resolution of problems relating to accounting.

　　Prepares various government reports to meet federal and state compliance requirements.

　　Responsible for reconciling financial data and preparing workpapers and financial statements for NJ Transit’s defined benefit pension plans and defined contribution plans.

　　Works with the financial reporting team on the preparation of financial statements and footnotes for the annual reports, also prepares the various supporting schedules for year-end audits.

　　Assists the external auditor in collecting information from internal and external sources for the annual audit, also follows up on pending issues.

　　Performs assigned duties during the monthly close including, but not limited to, preparation of journal entries and analysis, processing transactions, and research into significant budget variances, and preparation and reconciliation of Line Cost Reports.

　　Reviews expenditures either by request of management or predetermined guidelines established by management, to ensure that all expenses are properly recorded.

　　Prepares the supporting documents to perform fiscal year-end fringe adjustments.

　　Performs and reviews analyses of selected general ledger accounts; identifies and resolves reconciling items and accounting issues on a timely basis.

　　Assists in the preparation of the indirect cost rates to obtain FTA approval.

　　Other duties as assigned.

　　Education, Experience, and Qualifications:

　　Bachelor’s degree in accounting or related area and five (5) years of applied accounting experience.

　　Experience with preparation of financial statements and footnotes required.

　　Experience with pension reports desired.

　　Knowledge and Skills:

　　Strong accounting technical skills preferable. Knowledge of computerized financial systems required.

　　Oracle General Ledger experience highly desired.

　　Must be proficient in software applications including, but not limited to, Excel, Word, Access, and Power Point.

　　At NJ Transit you will enjoy a competitive salary and excellent benefit package:

　　Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision

　　Flexible Spending Account

　　Life Insurance

　　Paid Leave

　　Tuition Assistance

　　Commuter benefits

　　401(a), 401 (b), 401(k) Retirement Plans- up to 9% employer contribution

　　At NJ TRANSIT we support and depend upon the diversity of our staff. NJ TRANSITis an Equal Opportunity Employer.