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Description

About the Role

The successful candidate will be tasked with preparing quarterly and annual financial statements, which requires understanding of the Port Authority financial structure and close cooperation with other sections of the Comptroller’s Department as well as finance and line departments within the agency. This position reports to the Assistant Manager of Financial Accounting and Reporting.

Responsibilities

+ Preparing and coordinating the Port Authority quarterly and year-end financial statements, which includes writing the Management Discussion and Analysis, Note Disclosures, and Supplemental Information.

+ Overseeing financial accounting aspects, including the required note disclosures, associated with Port Authority pension plans, other postemployment benefits and debt obligations for financial statements prepared in accordance with GAAP.

+ Conducting accounting research and preparing accounting position papers associated with new accounting standards and proposed business transactions.

+ Monitoring and analyzing Port Authority balance sheet accounts as they relate to PA debt obligations.

+ Supervising management accountants responsible for bank reconciliations and for the sources and uses of Port Authority funding used to finance capital expenditures.

+ Identifying staff development and training needs.

Minimum Qualifications

+ 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 a Bachelor’s degree, a minimum 7 years of relevant work experience can be accepted.

Desired Qualifications

+ Master’s Degree in Accounting, Business or Finance with concentration in accounting from an accredited college or university

+ Knowledge of Statements issued by the Governmental Accounting Standards Board (GASB).

+ Knowledge of Port Authority businesses and operations.

+ Knowledge of Port Authority policy and procedure, specifically as it relates to accounting standards and the Port Authority’s financial structure.

+ Demonstrated ability to interpret, research and apply accounting theory (GAAP and Statutory)

+ Demonstrated leadership skills

+ Demonstrated ability to prepare and analyze financial statements

+ Demonstrated ability to effectively communicate, both written and orally

+ Demonstrated ability to work within a team environment

+ Demonstrated experience in supervising and developing staff

+ Demonstrated experience with financial systems and database type software, preferably SAP experience in Financial Accounting

+ Demonstrated experience with financial reporting software, preferably WDesk and WData from Workiva

Selection Process

The application process varies by position, but typically includes an initial phone interview for qualified candidates, followed by a more in-depth interview(s) and/or assessment(s). Selected candidates who are made a conditional job offer will be asked to undergo a background check.

Compensation & Benefits

The Port Authority of New York and New Jersey offers a competitive benefits package and a professional environment that supports development and recognizes achievement.

Click here (https://www.jointheportauthority.com/pages/working-here) for more information about benefits, our culture, and career development opportunities.

REQNUMBER: 63526