Metronorth Railroad

Senior Manager Lease Accounting

Metronorth Railroad$121K — $128K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance, or related field
  • Minimum 7 years in lease accounting or relevant financial roles
  • Strong technical accounting expertise
  • Experience in policy development and compliance
  • Proven leadership skills
  • Ability to analyze data effectively
  • Knowledge of regulatory standards

Responsibilities

  • Lead monthly lease accounting reconciliations and journal entry preparation
  • Ensure compliance with lease accounting standards
  • Oversee the annual audit process for lease accounting
  • Develop and implement leasing accounting policies
  • Analyze lease agreements for accounting implications
  • Collaborate with teams for accurate lease data integration
  • Monitor and update processes to reflect changes in lease accounting standards

Benefits

  • Eligible for teleworking one day per week after 30 days of employment
  • Opportunity for career advancement within a major organization
  • Involvement in a key area of financial operations with significant impact
  • Work in a collaborative and cross-functional team environment
  • Access to professional development training and resources
Full Job Description
Description

Position at MTA Headquarters

JOB TITLE:

Senior Manager, Lease Accounting

DEPT/DIV:

Accounts Receivable Reconciliation and Processing

WORK LOCATION:

2 Broadway

FULL/PART-TIME

FULL

SALARY RANGE:

$121,295 - $128,424

DEADLINE:

Until filled

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.

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").

About Metronorth Railroad

Metro-North Railroad is a commuter railroad that serves the northern suburbs of New York City. The railroad was founded in 1983 and is owned by the Metropolitan Transportation Authority (MTA). Metro-North operates three main lines, the Hudson Line, the Harlem Line, and the New Haven Line, which together serve over 85 million passengers annually. The railroad has a fleet of over 400 rail cars and operates over 700 trains per day. In addition to commuter service, Metro-North also operates several tourist trains, including the popular Fall Foliage and Holiday Express trains.
Learn more about Metronorth Railroad
Size
7,000 employees
Industry
Net Income
$100 million
Founded
1983
5 Year Trend
-5%
Revenue
$1 billion

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