Public Transit Finance Specialist

Arkansas-Department-of-Transportation-2; Little Rock (AR); On-site; USD 51,000 - 61,000; Full time

Job summary

Arkansas Department of Transportation in Little Rock is seeking a role within the Public Transportation Section to monitor, process, and oversee sub-recipient reimbursements and the financial aspects of planning contracts. The position involves developing fiscal reports and processing invoices in compliance with federal and state laws.

Qualifications include a bachelor’s degree in accounting or related field or equivalent experience, knowledge of federal regulations, and proficiency with

Qualifications

• Bachelor’s degree requirement in accounting or related field.
• Knowledge of federal regulations relative to federally mandated planning activities; auditing, budgeting and funding administration processes.
• Ability to develop and review contracts between the Department and other entities.
• Ability to review and process invoices or claims for reimbursement.
• Proficient in Microsoft Office Suite.
• Ability to communicate orally and in writing.
• Ability to organize, prioritize and multi-task.
• Attention to detail.

Responsibilities

• Review and process invoices by MPO, public transit agencies, consulting firms, and railroads for federal and state funds, including the verification of dollar amounts and work completed.
• Ensure programs comply with applicable Department accounting policies and procedures.
• Ensure timely processing of claims and reimbursements.
• Communicate with internal and external stakeholders regarding program and project claims and reimbursements.
• Maintain records, prepare reports, and prepare correspondence related to Division project and program claims, reimbursements, and expenditures.
• Assist with monthly reconciliation of transit grant expenditures.
• Assist with quarterly reporting of Federal Transit Administration (FTA) Milestone Progress reports, Federal Financial reports, and Federal Funding and Transparency Act reports.
• Process TransLease payments and maintain accurate records of transactions, balances, and payoffs.
• Assist with the organization and development of transit vehicle packages for FTA programs.

Skills

Accounting

Budgeting

Financial reporting

Microsoft Office

Communication

Education

Bachelor's degree in accounting or related field

Tools

Microsoft Office

Job description

Arkansas Department of Transportation in Little Rock is seeking a role within the Public Transportation Section to monitor, process, and oversee sub-recipient reimbursements and the financial aspects of planning contracts. The position involves developing fiscal reports and processing invoices in compliance with federal and state laws.

Qualifications include a bachelor’s degree in accounting or related field or equivalent experience, knowledge of federal regulations, and proficiency with