NCTA Financial Operations Accountant

State of North Carolina•Highway Building Wake, NC

11d•$55,221 - $96,639•Hybrid

About The Position

This position will handle daily functions for the revenue and cashflow reconciliations in the Toll Revenue Unit of Financial Management Division. The position reports to the Assistant Accounting Manager NCTA. Responsibilities will include analyzing daily activity of revenue in multiple systems, reconciliation of various types of collection methods, understanding business rules that apply to the debt, applying financial standards and rules for different projects and system controls, and providing additional assistance for routine and non-routine requests for information from various parties. This position also calculates and drives the bi-weekly to monthly cash settlements with 40 toll agencies from other states, exercises judgement regarding amounts in dispute and communicates independently with these agencies. The Triangle Expressway is one of the first projects being tolled and collected by the All Electronic Tolling (AET) Collection System in the country and the activity is growing. NCDOT is collecting and passing money to northern and southern partner toll agencies in other states. This will continue to expand. Other projects that use the enterprise system for collections include the expansion of I77, I485 bypass, and the completion of 540. This position is critical to ensure that financial functions are accurate and timely. This position is currently eligible for hybrid remote work in accordance with state policy and the agency’s remote work program but does require weekly onsite work. Telework options are subject to change at the discretion of management.

Requirements

Bachelor's degree in accounting, or a degree in business administration, finance, public administration, or a related discipline from an appropriately accredited institution with 18 semester hours of accounting coursework; and four years of professional accounting/auditing experience in the preparation of interpretive or analytical accounting, financial statements and reports; or equivalent combination of education and experience.
Proficiency in Microsoft Office (Excel, Word)
Proficiency in General Ledger systems (e.g., SAP)
Demonstrated ability to read, analyze, interpret and apply general accepted accounting principles (GAAP), procedures and methods related to research of transactions and financial reporting.
Experienced in reconciling Cash or Accounts Receivable accounts and other General Ledger accounts independently.
Experience, exercising sound judgement and applying business practices to perform assigned duties with minimal supervision and technical direction
Demonstrated ability to communicate effectively and professionally, both orally and written with internal and external agencies and parties.

Nice To Haves

Prior experience reconciling cash or cashflows, general ledger reconciliations and/or revenue reporting
Experience independently preparing journal entries, such as adjusting journal entries.
Experience with banking systems or applications, downloading of data and manipulation of large quantities of data.
Prior experience reconciling intercompany balances or contractual balances, communicating in writing or orally with other agencies or external affiliates.

Responsibilities

Analyzing daily activity of revenue in multiple systems
Reconciliation of various types of collection methods
Understanding business rules that apply to the debt
Applying financial standards and rules for different projects and system controls
Providing additional assistance for routine and non-routine requests for information from various parties
Calculates and drives the bi-weekly to monthly cash settlements with 40 toll agencies from other states
Exercises judgement regarding amounts in dispute
Communicates independently with these agencies