Director of Finance

Hampton Roads Transit•Hampton, VA

About The Position

Hampton Roads Transit is looking for dynamic, customer service oriented, and energetic people to become part of a committed team providing excellent and effective public transportation to the Hampton Roads region. We offer unmatched benefits and competitive wages in a stimulating and rewarding environment. . Essential Job Functions: (Duties listed are not intended to be all inclusive nor to limit duties that might reasonably be assigned.) Responsible for the overall management of the Accounting Department and related close processes. Manages and directs the activities of the Accounting Function including Accounts Payable and Receivable, Payroll, Fixed Assets, Financial Analysis and Accounting. Establishes and implements accounting policies, procedures, and practices in adherence with GAAP and funding partner requirements. Analyzes financial statements and reports, makes sound decisions, and provides clear direction to subordinates. Plans and organizes work programs through subordinate managers and supervisors; establishes and monitors controls to evaluate performance; takes appropriate actions to correct performance and to adjust programs to meet requirements. Supervises Assistant Director of Finance, Accounts Payable and A/R Accounting Staff and Financial Analysts. Oversees preparation of financial reports such as monthly balance sheet, income statement, report on changes in financial position and budget variances. Oversees team that is responsible for technical and administrative accounting work in maintaining the fiscal records and systems of the Transit. Ensures generally accepted accounting principles are followed, maintain accounting records according to those principles, and other related duties in the daily administration of finance department. Recommend, design, and implement any necessary department controls and procedures. Ensures general ledger accounts are reconciled to their related subsidiary ledgers and adjustments to the general ledger are made accordingly. Manages HRT’s annual financial and compliance audits, including any other external and internal audits. Communicates policy decisions to other departments, provides guidance regarding on financial policies and procedures and questions related to budget vs. actual reports. Manage records created and received in compliance with the Hampton Roads Transit Records Management Policies and Procedures. Prepare and/or coordinate with other departments any documentation required in support of the FTA triennial reviews, drug and alcohol audits, independent audits, state audits, EEO Program audit, etc.

Responsibilities

Responsible for the overall management of the Accounting Department and related close processes.
Manages and directs the activities of the Accounting Function including Accounts Payable and Receivable, Payroll, Fixed Assets, Financial Analysis and Accounting.
Establishes and implements accounting policies, procedures, and practices in adherence with GAAP and funding partner requirements.
Analyzes financial statements and reports, makes sound decisions, and provides clear direction to subordinates.
Plans and organizes work programs through subordinate managers and supervisors; establishes and monitors controls to evaluate performance; takes appropriate actions to correct performance and to adjust programs to meet requirements.
Supervises Assistant Director of Finance, Accounts Payable and A/R Accounting Staff and Financial Analysts.
Oversees preparation of financial reports such as monthly balance sheet, income statement, report on changes in financial position and budget variances.
Oversees team that is responsible for technical and administrative accounting work in maintaining the fiscal records and systems of the Transit.
Ensures generally accepted accounting principles are followed, maintain accounting records according to those principles, and other related duties in the daily administration of finance department.
Recommend, design, and implement any necessary department controls and procedures.
Ensures general ledger accounts are reconciled to their related subsidiary ledgers and adjustments to the general ledger are made accordingly.
Manages HRT’s annual financial and compliance audits, including any other external and internal audits.
Communicates policy decisions to other departments, provides guidance regarding on financial policies and procedures and questions related to budget vs. actual reports.
Manage records created and received in compliance with the Hampton Roads Transit Records Management Policies and Procedures.
Prepare and/or coordinate with other departments any documentation required in support of the FTA triennial reviews, drug and alcohol audits, independent audits, state audits, EEO Program audit, etc.