Accounting Supervisor, Fixed Asset Accounting

Description

As a reporting Department to the Chief Financial Officer, the Comptroller’s Department is a team of dedicated professionals who ensure the accuracy of the Port Authority’s finances. As part of the Comptroller’s Department team, you will gain insight and experience surrounding the agency’s financial structure and internal control processes as well as knowledge of the operations of our various lines of business, giving you extensive opportunities for a long-term career at the Port Authority.

Responsibilities:

Reporting directly to the Aviation Staff Accounting Supervisor, the successful candidate’s responsibilities will include, but not be limited to, the following;

• Prepare accounting entries to accurately reflect investment at our facilities, and periodic schedules for inclusion in and/or support of the financial statements.
• Preparation of investment, depreciation, assets under construction and capital expenditure schedules and reports to ensure that division goals are met or exceeded.
• Review and analyze the WIP to ensure property codes and WBSE's are closed as appropriate, settlements and retirements are made in accordance with prescribed procedures and codes are closed, research property codes for write-offs, close out completed projects
• Analyzing and assessing financial transactions, contract payments, passenger facility charges, and expenditure authorizations, including Board Items, and provide appropriate asset accounting for major capital initiatives.
• Prepare year-end schedules of cumulative capital investment for the Port Authority’s Consolidated Aviation Lease Records for Summary of Fixed Assets and Fixed Charges, along with Summary of Additions and Adjustments by Aviation Cost Center for 2 major airports.
• Prepare quarterly schedules of Forecast of Fixed Charges for submission to Lease Accounting based on Forecasted Settlements for the Year from Aviation Financial Services.
• Identify, assess and apply relevant professional frameworks, including accounting standards and guidance, as well as, other information for analysis and to make informed decisions.
• Identify and utilize relevant technology and tools to analyze data efficiently and effectively.
• Ensuring all fixed assets are properly classified (capital vs. expense, completed construction vs. work in progress, recoverable vs. non-recoverable) using PA Accounting Standards.
• Establishing and maintaining effective business relationships with Financial Departments, and Line Department Financial and Project Management staff to provide a process for the exchange and communication of information between departments.
• Support audit requests by internal and external auditors which includes coordinating research, vetting information for audit requests.
• Respond to requests for information and completion of special assignments in the time frame designated.
• Additional duties as assigned.

Qualifications

Candidates must present the following qualifications to be considered eligible for this position:

• Bachelor’s Degree in Accounting or Corporate Finance from an accredited college or university with a minimum of 3 years of relevant work experience.
• In lieu of Bachelor’s Degree a minimum of 7 years of relevant work experience can be accepted.
• Minimum two years accounting experience.

Desired

Ideal candidates will present the following profile:

• Demonstrated strong organizational and multi-tasking skills.
• Strong proficiency with Microsoft Office Suite (Excel/Word)
• Demonstrated ability to meet deadlines, work independently and prioritize work.
• Demonstrated strong analytical skills in reconciling financial information.
• Strong written, oral and interpersonal skills.
• Ability to interact effectively with internal and external staff at all levels.
• Excellent decision-making skills.
• Demonstrated knowledge of SAP and PC applications including EXCEL, Word and COGNOS.
• Demonstrated ability to interpret, research and apply accounting theory as it relates to Generally Accepted Accounting Principles.
• Experience with Port Authority Accounting Structure
• Knowledge of Port Authority businesses and operations.

How to Apply:

Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a combined cover letter and resume. The Port Authority of NY & NJ welcomes veteran and military spouse applications.

Only applicants under consideration will be contacted.

About The Port Authority:

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than twenty three billion in annual wages and eighty billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.

Equal Opportunity Employer

The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.