Job Description
Staff Accountant (Manager Level)
Department: Finance
Reports To: Chief Financial Officer (CFO)
FLSA Status: Exempt
SUMMARY
The Staff Accountant (Manager Level) at the Chattanooga Area Regional Transportation Authority (CARTA) plays a pivotal role in managing the financial operations of the organization. This position requires strong accounting expertise, particularly within the public transit sector, and a thorough understanding of governmental accounting standards. The Staff Accountant will oversee daily accounting activities, ensure accurate financial reporting, and contribute to strategic financial planning.
KEY RESPONSIBILITIES
Financial Reporting and Compliance:
- Prepare and review financial statements, reports, and reconciliations in compliance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) regulations.
- Ensure compliance with all federal, state, and local regulatory requirements, including FTA regulations.
Budgeting and Forecasting:
- Assist in the development of the annual budget and long-term financial plans, including operating and capital budgets.
- Analyze budget variances and provide actionable insights to management.
Grant Management:
- Monitor and manage grant funding, ensuring accurate accounting and compliance with grant requirements.
- Prepare financial reports for grantors and participate in grant audits as needed.
Accounts Payable/Receivable:
- Oversee the accounts payable and receivable processes, ensuring timely and accurate processing of transactions.
- Reconcile accounts and resolve discrepancies in a timely manner.
Internal Controls and Auditing:
- Develop, implement, and monitor internal controls to safeguard assets and ensure accurate financial reporting.
- Coordinate with external auditors during the annual audit and implement audit recommendations.
Team Leadership:
- Supervise and mentor junior accounting staff, providing guidance and fostering professional development.
- Collaborate with other departments to support overall financial management and reporting needs.
System Management:
- Maintain and improve accounting systems and processes, ensuring they meet the organization’s evolving needs.
- Oversee the implementation of financial software upgrades and training for the finance team.
QUALIFICATIONS
Education:
- Bachelor’s degree in Accounting, Finance, or a related field required.
- CPA (Certified Public Accountant) or CMA (Certified Management Accountant) certification preferred.
Experience:
- Minimum of 5 years of accounting experience, preferably in a public transit agency or governmental organization.
- Experience with grant accounting and FTA regulations is highly desirable.
- Demonstrated experience in financial reporting, budgeting, and internal controls.
Skills and Competencies:
- Strong understanding of GAAP, GASB, and other relevant accounting standards.
- Proficient in accounting software and Microsoft Office Suite, particularly Excel.
- Excellent analytical, organizational, and problem-solving skills.
- Strong leadership and communication skills with the ability to work collaboratively across departments.
Equal Employment Opportunity Statement: CARTA is an Equal Employment Opportunity (EEO) employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, disability, veteran status, or any other legally protected characteristic. We are committed to providing a workplace free of discrimination and harassment. We celebrate diversity and are dedicated to creating an inclusive environment for all employees.