Transit Accountant 1 or 2

Madison, City of (WI); Madison (WI); On-site; USD 73,000 - 79,000; Full time

Benefits offered by this job

Public Service Loan Forgiveness

Job summary

The City of Madison is seeking an entry-level Transit Accountant to perform general accounting, accounts payable/receivable, and budget/grants work under the Transit Finance Manager. Advancement to Transit Accountant 2 and 3 occurs with experience and mastery over time.

Initial responsibilities include monitoring budgets, completing audits, reconciling accounts, preparing journal entries, and supporting grant-related accounting and reporting.

Qualifications

• Two (2) years of progressively responsible accounting experience.
• Proficiency in accounting related computer software programs.
• -OR- Degree in Accounting or closely related field such as Finance; and proficiency in accounting software programs.

Responsibilities

• Assist with monitoring operating budgets and compile budget-to-actual information.
• Perform annual audit tasks and reconcile accounts.
• Prepare journal voucher entries and financial statements.
• Process accounts payable and receivable; manage grants and closings.
• Support grant drawdown and reimbursement requests.

Skills

Accounting software

Education

Accounting or Finance degree

Tools

Accounting software

Job description

Join the Metro Transit team!

This is responsible entry level professional accounting work preparing financial statements, analyzing expenditures, conducting audits, and backing up Federal Transit Administration (FTA) grant and procurement activities. Work requires broad-based accounting knowledge and is characterized by the exercise of judgement and discretion. Work is performed under the direction of the Transit Finance Manager.

This series is structured to provide advancement from Transit Accountant 1 to Transit Accountant 2 to Transit Accountant 3 as a function of the employee's career development and generally occurs after two years gaining experience, mastery and greater independence at each level.

The Transit Accountant 1 starts at $73,004.10 annually and the Transit Accountant 2 starts at $79,185.60 annually. Classification level will be determined at the time of hire and will be based on the candidate's overall qualifications.

Employees may be eligible for loan forgiveness through the Public Service Loan Forgiveness Program.

Black, Indigenous, people of color, women, trans, nonbinary, and individuals with disabilities are encouraged to apply. We value the unique blend of lived experiences and diverse perspectives that comes from non-traditional education pathways and the variety of transferrable skills each candidate brings to the table. We value diversity, equity, inclusion, and belonging. Even if every item on the job posting doesn’t match your experience perfectly, we encourage you to apply and share how your skills and experience can best serve our community.

Transit Accountant 1

General Accounting

• Assist with
  • monitoring operating budget and compile budget-to-actual information
  • annual audit tasks
  • account reconciliations and closeouts
  • periodic physical inventories of supplies, parts, and equipment
  • preparing and distributing fiscal materials
  • preparing journal voucher entries

Accounts Payable and Receivable Accounting

• Create and maintain active purchase orders and process accounts payable
• Audit and reconcile invoices and purchases and respond to routine questions
• Reconcile payments and prepare invoices
• Monitor and assign incoming credits and debits to ledger accounts

Budget and Grants Accounting

• Month-end and year-end closing duties
• Assist in preparing grant drawdown and reimbursement requests
• Assist in processing accounting entries for grants and capital projects and preparing related financial reports

Perform related work as assigned

Transit Accountant 1

• Two (2) years of progressively responsible accounting experience
• Proficiency in accounting related computer software programs

-OR-

• Degree in Accounting or closely related field such as Finance, including completion of advanced-level accounting major coursework; AND
• Proficiency in accounting related computer software programs

Transit Accountant 2

• Four (4) years of progressively responsible accounting experience
• Proficiency in accounting related computer software programs

-OR-

• Degree in Accounting or closely related field such as Finance, including completion of advanced-level accounting major coursework; AND
• Two (2) years of progressively responsible accounting experience; AND
• Proficiency in accounting related computer software programs

The City of Madison strives to provide exceptional customer service to all its residents and visitors. Therefore, successful candidates will have demonstrated ability to effectively work with multicultural communities.

For a complete list of the Knowledge, Skills, and Abilities, please see the class specification. Ability to meet the transportation needs of the position.

Physical requirements:

This work is primarily done sitting/standing at a desk, using a computer and other standard office equipment. Ability to access various areas of the agency in order to do inventory.