Staff Accountant

POSITION OPENING

JOB TITLE:             Staff Accountant

E-470 OVERVIEW:

E-470 Public Highway Authority is a dynamic 47-mile toll road on the eastern perimeter of the Denver Metro area that serves its customers as well as providing back-office tolling services for all other toll facilities in the State of Colorado. E-470 strives to provide top-notch customer service, improve safety and save time for our drivers while being Colorado’s one-stop-shop for tolling.

JOB FUNCTION:

The Staff Accountant reports to the Controller (Director of Fiscal Services) within the Finance Department and is responsible for maintaining and performing the Authority’s day-to-day general ledger and module accounting functions. Other functions and special projects may be assigned based on experience and skill level.

This role will focus on journal entries, reconciliation and escalate discrepancies to the Senior Accountant and Controller accordingly. The ideal candidate will understand accounting processes and basic understanding of controls and general accounting practices while separation of duties is maintained. The Staff Accountant will be instrumental in maintaining financial excellence and processing day-to-day functions and will cross train on other finance office procedures as assigned.

JOB DUTIES:

·      Tasks:

o  Complete most month-end closing tasks of the general ledger and related accounting modules including preparation of journal entries.

o  Reconcile key accounts (cash and investments, accounts receivable, toll revenue, and toll payable) including investigation and resolution of differences, fixed asset routines and other month-end processed work.

o  Maintain accounting functions over A/R (billing and collections).

o  Maintain the general ledger module which includes manual journal entries of all financial transactions not automated within the accounting system modules including toll revenues, debt, other revenues and expenses, accruals, etc.

o  Assist with the fixed asset capitalization and retirement process throughout the year.

o  Monitor cash flows and balances of the operating accounts to ensure funds are available to meet current obligations. Perform all general ledger accounting for operating accounts.

o  Monitor and verify cash flows related to monthly interest rate swaps, monthly variable rate debt payments, and monthly unrestricted fund movements.

o  Maintain tracking and accounting for all trust accounts.

o  Track and review monthly commercial bank fees and investment custodian fees. Assist with investigating and resolving any discrepancies.

o  Perform all revenue accounting for transactions to ensure accurate and complete financial reporting.

o  Assist the Senior Accountant and Controller in establishing, modifying, documenting, and coordinating implementation of accounting and internal control procedures and processes as requested.

o  Interact with other Authority employees, including managers and directors, to provide timely accounting information, research, and analysis in response to account inquiries.

o  Develop and maintain relationships with banks and other financial institutions.

o  Assist Senior Accountant and Controller with the annual financial statement audit. Prepare requested documents and supporting schedules and assist with tie out of the financial statement report and management’s discussion and analysis.

o  Responsible for recording and depositing all checks issued to the Authority on a weekly basis when received.

o  Assist and support the Senior Accountant and Controller on organizational special projects that require accounting processes.

 Knowledge Base:

o  Currently possess or ability to obtain knowledge of modern principles, practices and techniques of municipal finance administration, organization and operation.

o  Generally Accepted Accounting Principles (GAAP); principles and practices of automated financial management systems; internal audit controls and municipal financial analysis; cost accounting and analysis.

o  Understanding of generally accepted accounting principles, preferred public sector (government) accounting and related accounting standards (GASB) experience.

o  Familiarity with the use and implementation of accounting system software.

SKILLS AND REQUIREMENTS:

·      Strong communication, analytical, and problem-solving skills, with the ability to present recommendations to senior management in a clear and actionable manner.

·      Work independently and as part of a team

·      Communicate clearly and concisely, both orally and in writing; establish and maintain effective working relationships.

·      Quantitative analysis experience and technical expertise in accounting to interpret, analyze and process government-related transactions including accounting research of Governmental Accounting Standards Board (GASB)

·      Well-developed oral and written skills, with the ability to critically think and problem solve, work with mathematical concepts, and communicate effectively.

·      Ability to perform accounting procedures in the maintenance of fiscal accounting records.

·      Perform detailed work involving written or numeric data and accurately analyze data and prepare related fiscal reports 

·      Demonstrates strong initiative and ability to manage recurring tasks concurrently, as well as commitment toward completing assignments in a timely manner. Special projects may be assigned as needed.

QUALIFICATIONS (Education and/or Experience):

·      Any combination of education and experience in auditing and/or accounting that has provided the knowledge, skills and abilities necessary for a Staff Accountant equivalent.

·      A typical way of obtaining the required qualifications is to possess the equivalent of at least four (4) years of experience in finance, accounting, public administration, business administration or a closely related field.

Note: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with this job.

Job Type: Full-time

·      Pay Range: $70,000 - $80,000

Benefits:

·      Group Medical, Dental, Vision, Life Insurance, Short- and Long-Term Disability

·      Retirement plan

·      Paid time off

·      Professional development/Tuition reimbursement

DEPARTMENT:              Finance

REPORTS TO:                 Controller | Director of Fiscal Services

FLSA STATUS:                Non-Exempt

CLASSIFICATION:           At Will

LOCATION:                    Hybrid (Remote and Onsite)