Senior Accountant

Metropolitan Council of the Twin Cities; Minneapolis, Saint Paul (MN, MN); On-site; USD 75,000 - 110,000; Full time

Job summary

The Metropolitan Council seeks a Senior Accountant to serve as a primary accountant for divisional departments, handling complex accounting tasks and ensuring adherence to GAAP. The role reports to the Finance Department and supports grants, capital projects, and internal controls across the organization.

Responsibilities include generating financial reports, journal entries, grant monitoring, and assisting audits.

Qualifications

• Bachelor’s degree or higher in Accounting, Finance or closely related field.
• Experience with GAAP and financial reporting.
• Familiarity with grant accounting and federal/state compliance.

Responsibilities

• Run reports in financial systems and reconcile balances.
• Prepare journal entries for monthly accruals and correct postings.
• Consolidate expenses and prepare draws for federal disbursement.
• Record revenue for accounts payable and payroll activity.
• Maintain grant databases and update changes.
• Monitor expenditures and review monthly reports with management.
• Develop and implement internal procedures and controls.
• Monitor grants and project reporting for compliance with laws.
• Train coworkers on tasks and procedures to maintain performance.
• Prepare documents for audits in accordance with GAAP.

Skills

GAAP knowledge

Financial reporting

Grant accounting

Education

Bachelor’s degree in Accounting/Finance

Associate degree in accounting/finance

High school diploma/GED with 6 years experience

Job description

We are the Metropolitan Council, the regional government for the seven-county Twin Cities metropolitan area. We plan 30 years ahead for the future of the metropolitan area and provide regional transportation, wastewater, and housing services.

More information about us on our website.

The candidate's permanent residence must be in Minnesota or Wisconsin.

We are committed to supporting a diverse workforce that reflects the communities we serve.

Metro Transit is one of the country's largest transit systems, employs more than 3,000 people, and provides ridership through an integrated network of buses, light rail and commuter trains, as well as resources for those who carpool, vanpool, walk, or bike in the Twin Cities.

How your work would contribute to our organization and the Twin Cities region.

The Senior Accountant works under limited supervision/procedural control, functions as primary accountant for divisional departments or major functional area (e.g. grants, capital projects) performing full accounting activities requiring experiences, professional knowledge and application of accounting principles and practices. Perform a wide range of detailed/complex accounting and advisory functions and assures day to day operations are carried out in accordance with established accounting principles, policies, objectives and controls; performs related work as required.

What you would do in this job:

In addition to the work done at the Accountant level, the Senior Accountant will:

• Run reports in the financial systems, reconcile account balances and prepare journal entries for assigned funds and accounts to ensure transactions are accurately recorded in the financial systems.
• Prepare journal entries to record monthly accruals, correct posting errors, etc.
• Consolidate expenses and prepare draws for federal disbursement
• Booking revenue for AP and payroll activity
• Maintaining access database to stay current with grant changes and other relevant updates.
• Monitoring financial control over expenditures and receipts; reviewing monthly reports with management; and making adjusting journal entries if necessary.
• Developing, recommending, and implementing internal procedures; reviewing and researching expenditures for accuracy and timeliness; and advising program and activity managers of concerns and/or problems.
• Assists in the monitoring, reconciliation, and reporting activity (monthly, quarterly, yearly) of grants or other project related reporting, to ensure sufficient funds are available to meet department and activity needs by reviewing requests for compliance with federal and state laws, department policies and internal controls; analyzing and interpreting fiscal data; developing and implementing new procedures to solve problems; and monitoring cash flow.
• Train co-workers, as directed, in specific task and job practices and procedures to improve and maintain performance levels by communicating timetables and quality standards for tasks; and providing instruction on policies and procedures as needed.
• Prepare documents for compliance and financial audits in accordance with GAAP and other applicable reporting requirements.

Any of the following combinations of experience in an accounting environment and completed education (degree field of study in Accounting, Finance or closely related field

• High school diploma/GED with six (6) years of experience
• Associate degree with four (4) years of experience
• Bachelor’s degree or higher with two (2) years of experience