Deputy Director of Revenue Accounting

Massachusetts Bay Transportation Authority • Boston, MA

3d

About The Position

The Deputy Director of Revenue Accounting is a senior management position that assists the Controller and Assistant Controller with revenue analysis, reporting, reconciliations, and journal entries. The role manages and develops the day-to-day work and activities associated with revenue recognition, leading the end-to-end revenue accounting process and supporting accurate, timely accounting for revenue-related accounts. The position works collaboratively with MBTA Fare Revenue teams, including Automated Fare Collection and own-source revenue areas such as advertising, real estate, and parking, as well as with internal accounting groups and external agencies. It may supervise one or more staff as the organization grows. The role is based around work locations in the Boston, Massachusetts metro area, with assigned locations and shifts determined as required by the position.

Requirements

• Bachelor’s degree from an accredited institution in business administration, accounting, finance, economics, or a related field, or an accepted substitution.
• Five years of experience in revenue recognition and/or developing and managing financial accounting analysis, subject to stated substitutions.
• Two years of leadership and/or supervisory experience.
• Experience with Oracle/PeopleSoft Accounting and Revenue Accounting.
• Proficiency in Microsoft Office, including Word, Excel, Access, and PowerPoint.
• Effective organizational, analytical, quantitative, multitasking, and time-management skills.
• Excellent communication and interpersonal skills, including the ability to work with diverse stakeholders.
• Strong analytical skills to evaluate data, identify problems, and develop solutions.
• Data-input experience using an ERP or other financial or business systems.
• Ability to understand, communicate, and respond to instructions and meet deadlines.
• Ability to provide courteous and professional service to internal and external customers.
• Ability to read, comprehend, communicate, and respond to information in English.
• At least 18 years of age, except for participants in an approved high school internship/co-op program.
• Ability to commute to assigned work locations in the Boston, Massachusetts metro area as required.
• Ability to work effectively independently and as part of a diverse workforce, and to supervise if required.
• Ability to uphold MBTA rights and interests while maintaining effective working relationships.
• Ability to comply with MBTA rules, regulations, policies, and applicable collective bargaining agreements, including EEO and anti-discrimination, anti-harassment, and anti-retaliation policies.
• Satisfactory work record for the two years immediately before the posting’s closing date, subject to the stated exception for current students or recent graduates.
• Ability to pass a CORI check, comprehensive background screening, and/or medical clinic screening, potentially including physical examination and drug and alcohol screenings.
• Ability to work assigned shifts and locations as required; certain transit or operations roles may require availability up to 24 hours a day, seven days a week for severe weather, emergencies, or other service or safety needs.
• All employees must have unrestricted U.S. work authorization; the MBTA does not provide employer work sponsorship. A U.S. Social Security Number is required before starting, and employees must complete Form I-9.

Nice To Haves

• A master’s degree in business administration, finance, accounting, or a similar field may substitute for two years of required work experience.
• Some supervisory or oversight experience is highly preferred.
• A high school diploma or GED plus seven additional years of directly related experience may substitute for the bachelor’s degree requirement.
• An associate’s degree from an accredited institution plus three additional years of directly related experience may substitute for the bachelor’s degree requirement.
• A master’s degree in a related subject may substitute for two years of general experience.
• A nationally recognized or statewide/professional certification in a related field may substitute for one year of experience.

Responsibilities

• Ensure timely and accurate revenue accounting, reconciliation, journal entries, and reporting for all revenue-related accounts.
• Lead revenue account management, provide direction and support, and own the end-to-end revenue accounting process.
• Collaborate with the MBTA Fare Revenue team, including Automated Fare Collection and own-source revenue areas such as advertising, real estate, and parking.
• Develop reports for senior management on fare revenue collection, including meeting with subject matter experts.
• Work confidentially and cooperatively with the Office of the Comptroller, MassDOT, and other external agencies.
• Partner with the general ledger accounting department and manage revenue recognition.
• Oversee and manage receipts of the assessment process for cities and towns, state contract assistance, and other state-related revenue sources such as Interdepartmental Service Agreements.
• Identify and implement process improvements and system enhancements to scale revenue accounting.
• Review and assess internal and peer revenue recognition processes and controls periodically, and recommend improvements.
• Potentially supervise one or more staff as the organization grows.
• Address internal and external audit requests relating to revenue.
• Maintain current knowledge of accounting standards and regulatory requirements related to revenue recognition.
• Perform other assigned duties and projects.

Benefits

• Intern/co-op employees are eligible for accrued paid sick leave and a monthly transportation pass at no cost, based on the city from which they commute.
• No additional benefits are currently offered for interns or co-ops.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior