Fare Payments Financial Services Manager

WSP • Washington, DC

34d • $85,000 - $175,000

About The Position

WSP values experienced transportation professionals and is seeking a Fare Payments Financial Services Manager to bring expertise in managing financial operations, with a focus on the technical aspects of fare collection systems. Key responsibilities include overseeing financial reporting, forecasting, and compliance, requiring strong leadership skills to manage teams and maintain both the economic health and technical functionality of payment infrastructure. This position may be based in Washington, D.C., New York, NY, Atlanta, GA, Chicago, IL, or Los Angeles, CA, offering flexibility to candidates across multiple locations. At WSP, we are committed to inspiring talented individuals to shape the future of transportation. Our team-oriented environment fosters community and growth, providing an opportunity to be part of something impactful. Join us and help define the future of fare policy and transportation solutions. Your Impact Manage financial activities, including accounting, budgeting, fiscal management, and forecasting. Ensure compliance with financial regulations and the client’s policies. Design the client’s financial statements, reports, and business activity reports. Monitor accounts, manage cash flow, and approve transactions like payroll and accounts payable/receivable. Assist with financial decision-making, risk management, and identifying opportunities for cost reduction. Provide industry-specific expertise on Automated Fare Collection (AFC) systems and integrations. Oversee the management and deployment of fare collection systems and their components. Collaborate with engineering teams on system requirements, design, testing, and deployment. Ensure the smooth functionality and integration of AFC systems. Stay updated on industry trends and regulations affecting payments and finance.

Requirements

• Education: A bachelor's degree in finance, business, accounting, economics, or a related discipline is usually required.
• Experience: Fifteen years or more, including prior experience as an accountant, financial analyst, and managing large-scale, complex fare payment projects.
• Certifications: Professional certifications like Certified Public Accountant (CPA) or Certified Treasury Professional (CTP) are highly beneficial.
• Financial Acumen and Analysis: Must have a deep understanding of financial principles, reporting, budgeting, forecasting, and cash flow management.
• Technical Proficiency: Required to be skilled with financial software and enterprise resource planning (ERP) systems, as well as data analysis and economic modeling.
• Industry-Specific Knowledge: Expertise in automated fare collection (AFC) systems, open-loop payment systems, and related technology is critical.
• Regulatory Compliance and Risk Management: Need a thorough understanding of financial regulations, particularly Payment Card Industry Data Security Standard (PCI-DSS), and the ability to identify and mitigate financial risks.
• Leadership and Management: Must be able to lead and supervise a team, delegate tasks, and drive strategy within the department.
• Communication: Strong verbal and written communication skills are essential for explaining complex financial data to non-experts, preparing reports, and managing stakeholder relationships.
• Strategic Planning: The ability to align financial initiatives with the client's long-term objectives is key.
• Problem-Solving: Critical thinking and analytical skills are needed to find practical solutions to financial challenges.

Nice To Haves

• A master's degree, such as an MBA, can be advantageous for higher-level positions.
• Professional certifications like Certified Public Accountant (CPA) or Certified Treasury Professional (CTP) are highly beneficial.

Responsibilities

• Project Leadership: Overseeing complex fare payment system projects from design to delivery, coordinating with engineering and software development teams.
• System Management: Managing the deployment, integrations, configurations, and maintenance of fare collection systems.
• Financial Reporting and Analysis: Preparing financial reports, budgets, forecasts, and performing economic analysis specific to fare collection activities.
• Vendor and Stakeholder Management: Acting as a liaison with external vendors, contractors, and internal stakeholders to ensure project success and contractual compliance.

Benefits

• WSP provides a comprehensive suite of benefits focused on a providing health and financial stability throughout the employee’s career. These benefits include coverage related to medical, dental, vision, disability, and life; retirement savings; paid sick leave; paid vacation (or other personal time); paid parental leave; and paid time off for purposes of bereavement, voting, and/or attendance at naturalization proceedings.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees