Deputy Director - NYCTA Revenue jobs in United States
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Metropolitan Transportation Authority · 1 week ago

Deputy Director - NYCTA Revenue

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people. The Deputy Director for NYCTA Revenue plans and directs revenue accounting activities, establishes policies for revenue administration, and oversees compliance and internal controls.

Transportation/Trucking/Railroad

Responsibilities

Select, develop, and motivate personnel within the department
Provide career development for subordinates
Provide prompt and effective coaching and counseling
Responsible for discipline/termination of employees when necessary
Review the performance of staff
Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential
Working with NYCTA, MTA staff, and the outside support vendor as part of the MTA’s Fare payment team (OMNY)
Responsible for daily reconciliations of OMNY reports to the trial balance
Reconcile OMNY Retail sales
Verify bank deposits to the Treasury subledger
Assist in OMNY testing
Act as the financial liaison for the integration of OMNY to further areas of fare collection (Para Transit, B to B, Fair Fares, etc.)
Act as the financial liaison for the integration of OMNY to other carriers accepting OMNY (Air Train, Westchester Bus, Veolia Bus, Roosevelt Island Tram, etc.)
Handle all financial settlements with carriers accepting OMNY
Supervise and manage all financial settlement operations with banks, processors, and card associations for customer purchases of fare media made with debit and credit cards
Ensure revenue settlement operations adapt to new bank products, including emerging smart-card technologies, and comply with evolving card-association rules and procedures
Oversee sales reconciliation and financial settlement for OMNY vending machine activity across NYCT and Affiliate agency locations, including monthly reporting consistent with audit requirements
Manage the financial wind-down of MetroCard as the system sunsets, ensuring accurate trailing settlements, reconciliations, and compliance through the transition period
Continue to oversee the continued financial administration of MetroCard across all participating agencies
Oversee long and short-term goals, requirements, and activities of the Revenue Accounting Unit. Ensure all policies and procedures are accurate and current, and support the departmental goals and objectives
Direct and oversee all facets of revenue accounting and journal entries, reporting, analysis, and statistics
Oversee the evaluation and establishment of any methodologies related to revenue accounting and/or financial reporting
Direct and oversee functional technical support, maintenance, testing, and acceptance for the corporate revenue systems
Establish and continually review internal controls to ensure policies and procedures are applied, work effectively, and significant risks are mitigated
Responsible for handling and addressing recommendations resulting from external audits by the MTA Audit Services, external auditors, MTA Inspector General, etc
Other duties as assigned

Qualification

Revenue AccountingFinancial ReportingData AnalysisLeadership SkillsMicrosoft OfficeAutomated Financial SystemsAccounting RegulationsAFC Systems KnowledgeAnalytical SkillsOral CommunicationWritten CommunicationSelf-Starter

Required

Strong leadership skills to effectively direct and motivate staff
Strong ability to communicate effectively with all levels of personnel
Excellent quantitative, analytic, and deductive reasoning capabilities
Must possess the ability to analyze, interpret, and leverage OMNY data to understand financial trends, validate results, highlight risks, and support decisions across the revenue program
Must have a strong understanding of how data moves through the OMNY ecosystem, including processors, settlement files, banking activity, and ledger interfaces to trace errors, confirm accuracy, and ensure reporting integrity
Must be able to turn complex OMNY data into clear reporting that highlights trends, risks, and operational changes that influence revenue results
Proficiency in Microsoft Office and Hyperion or comparable applications
Excellent oral and written communication skills
Strong ability to adhere to deadlines to ensure accurate and efficient reporting of data
In-depth knowledge of accounting regulations and thorough knowledge of accounting practices
Ability to monitor and manage results against audit and control procedures
Knowledge of database design as it relates to financial systems
Working knowledge of an automated financial system
Self-starter with the ability to learn and document financial and operational processes without supervision
Ability to succeed in a fast-paced/high-pressure environment
Ability to understand and interpret contracts to manage financial compliance
Experience in financial reporting and accounting for debit and credit card sales, including settlement handling, chargebacks, and reconciliation workflows
Strong investigative and analytical skills related to variances and settlement discrepancies in electronic fare-media transactions
Understanding of AFC (Automated Fare Collection) systems and operating procedures governing debit and credit card transactions
Bachelor's degree in accounting, Finance or business-related field, or an equivalent combination of education and/or experience that demonstrates knowledge of Revenue Systems & reporting
Minimum ten (10) years' managerial experience in accounting or finance, preferably in a general accounting function, which includes in-depth knowledge of automated financial systems and dealing with technical issues
Minimum five years of experience in a supervisory capacity

Preferred

MBA or CPA
Revenue Accounting or related experience
Experience working with contracts (financial compliance and/or negotiation support)
PeopleSoft General Ledger experience

Company

Metropolitan Transportation Authority

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The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people in the 5,000-square-mile area fanning out from New York City through Long Island, southeastern New York State, and Connecticut.

Funding

Current Stage
Late Stage

Leadership Team

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Janno Lieber
Chair & CEO
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Sam Tabikh, P.E.
Facilities Engineer and Projects CEO
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