Financial Operations Accountant III

State of North Carolina • Wake County, NC

1d • Hybrid

About The Position

The Financial Operations Accountant III serves as the lead for North Carolina Turnpike Authority (NCTA) finance settlement processes, including accounting and compliance with partnership agreements. The position handles monthly interagency settlements, receivables from other toll agencies, and monthly billings and payables to those agencies. It requires understanding the Back Office System (BOS), its integrity, and its integrations with the SAP General Ledger, as well as cashflow revenue reconciliation, the I-77 contract, and other highway partnerships. The role leads accountants performing reconciliation processes related to receivables, payables, cash management, and settlements.

Working with the Accounting Manager, unit staff, NCTA staff, NCDOT resources, and contract experts, the position implements and refines business functions and system capabilities to support efficient, accurate collection of data and reporting of NCTA operating revenues and cash management. The accountant participates in developing, testing, and implementing processes for current and future tolling systems and serves as the department’s technical lead for end-to-end testing of new payment methods, toll processes, and roadways in coordination with NCTA IT.

The position is currently eligible for hybrid remote work under state policy and the agency’s remote work program, but requires weekly onsite work. Telework options may change at management’s discretion.

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; or an equivalent combination of education and experience.
• Four years of professional accounting or auditing experience preparing interpretive or analytical accounting, financial statements, and reports, or an equivalent combination of education and experience.
• Advanced proficiency in Microsoft Office, including Excel and Word, and General Ledger systems such as SAP.
• Ability to quickly learn additional platforms such as Integrity Back Office and Card Connect.
• Experience independently reconciling General Ledger accounts accurately and with attention to detail.
• Experience independently preparing journal entries, including adjusting journal entries, and researching and explaining variances.
• Ability to update procedures and process documentation and knowledge of accounting internal controls.
• Considerable knowledge of accounting theories and principles and systems design.
• Ability to recognize complex and unique issues and develop solutions or consult with leadership to resolve them.
• Ability to communicate concise, comprehensive, and accurate findings and resolutions on complex matters in writing or orally.
• Ability to ensure development of related policies and procedures.
• Ability to independently resolve or develop recommendations for unprecedented, complex issues and problems.

Responsibilities

• Lead NCTA finance settlement processes, including accounting and compliance with partnership agreements.
• Manage monthly interagency settlements, receivables from other toll agencies, and monthly payables and billings to those agencies.
• Lead accountants performing reconciliation processes for receivables, payables, cash management, and settlements.
• Coordinate with the Accounting Manager, unit staff, NCTA staff, NCDOT resources, and contract experts to implement and refine business functions and system capabilities.
• Support efficient and accurate collection of data and NCTA reporting for operating revenues and cash management.
• Participate in the development, testing, and implementation of processes in current and future tolling systems.
• Serve as the department’s technical lead for end-to-end testing of new payment methodologies, toll processes, and roadways, coordinating with NCTA IT.
• Reconcile General Ledger accounts, prepare journal entries, and research and explain variances.
• Update procedures and process documentation.

What This Job Offers

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