¬countant - Capital Assets

Overview Why OCTA Discover work that moves you in a dynamic and innovative setting. Be part of a team delivering Orange County’s transportation network of today and creating a vision for the future. OCTA is the county’s transportation planning commission and public transit operator. With a focus on safety and accountability, we plan, fund, and implement countywide projects that include bus and rail transit, freeways and express lanes, rideshare, microtransit, paratransit, active transportation, and environmental programs. We’re passionate about creating a balanced, equitable and sustainable transportation system that reflects the diverse travel needs of the county’s 34 cities and 3.2 million residents. Our employees rated OCTA as a top workplace in Orange County. Come join us on our mission of keeping Orange County moving. Overview: Under general supervision, performs professional accounting activities which support the preparation, recordation, and reconciliation of accounting/business transactions. This is a non-exempt position in Salary Grade N: Min $35.28 – Mid $42.03 – Max $48.77 hourly. The starting salary will be within this range based on qualifications. The position will remain open until a candidate is selected. Responsibilities This list is intended to indicate the general nature and level of work performed by employees within this classification and is not designed to be interpreted as an exhaustive listing of all tasks required of employees assigned to this job. Maintains accounting records to assure compliance with generally accepted accounting principles (GAAP), and other special requirements. Accurately records capital assets transactions in the Capital Asset system, including retirements, transfers, depreciation, and adjustments by month-end close. Maintains fixed asset ledgers and performs monthly reconciliation with general ledger. Reviews and analyzes invoices related to capital expenses to determine compliance with GAAP in terms of capital asset accounting. Ensures the maintenance of fixed asset records and prepares required reports. Performs month-end and year-end closing activities and journal entries. Assists in maintaining the general ledger and various subsidiary ledgers. Prepares required schedules and assists independent auditors during audit. Contributes to the preparation of the Annual Comprehensive Financial Report (ACFR) notes, schedules, and tables. Analyzes transactions and prepares periodic reports of activity; computes mathematical and statistical data for ACFR and various financial reports. Assists with the preparation of the Quarterly Taxpayer Oversight Committee Report and provides other miscellaneous financial information. Initiates communication with departments responsible for project budgets, estimates and program forecasts, ensuring reasonableness. Attends audit sub-committee meetings of the Taxpayer Oversight Committee (TOC). Assists with the preparation of the annual Cost Allocation Plan (CAP). Initiates communication with cognizant department personnel to determine the optimal basis for allocating indirect administrative costs. Adjusts the allocation formulas as needed. Assists in the implementation of new Governmental Accounting Standards Board (GASB) pronouncements and evaluates the impact to capital assets. Assists with the coordination of ACFR artwork, binding, and final report preparation. Updates the Chart of Accounts on a quarterly basis for organization keys, object codes, and job keys and uploads to the OCTA intranet on a regular basis. Contributes to the development and maintenance of accounting procedures. Performs other duties as assigned. Qualifications Any combination of education and experience equivalent to a bachelor’s degree in accounting or related field with a minimum of three years of professional experience in accounting. Capital assets accounting experience is preferred. Knowledge of: General Accounting principles, practices, procedures, and systems. Fiscal record-keeping practices and audit procedures. Financial analysis principles, statistical methods, and flowcharts. Ability to: Compile and analyze complex data. Communicate effectively orally and in writing. Understand, interpret, and apply laws, rules, regulations, policies, procedures, contracts, and budgets. Understand the procedures necessary for handling confidential and sensitive information and exercise sound judgment. Work with spreadsheets and word processing software on microcomputer. Maintain accounting records on the modified accrual basis of accounting. Locate, classify, and interpret a variety of financial, statistical, and related information. Working Conditions/Physical Activities: (The physical demands described are representative of those that must be met by the employee to successfully perform the essential functions of this job. OCTA provides reasonable accommodation to enable individuals with disabilities to perform the essential functions). Positions in this class typically require: Work may be performed in a stressful, fast-paced office environment, depending upon assignment. Requires ability to understand verbal communication and to respond effectively. Positions in this class typically require: Reaching, Finger Dexterity, Grasping, Feeling, Talking, Hearing, Seeing, and Repetitive Motions in computer use. Compensation and Benefits: OCTA offers an attractive compensation and benefits package that includes medical, dental and vision health insurance programs, flex time (may be available), paid sick leave, paid vacation and holidays, short-term and long-term disability, life insurance, flexible spending accounts, retirement, deferred compensation plan, educational reimbursement, excellent in-house training programs, free transportation passes for the employee and dependents, wellness and ergonomic programs, and much more. OCTA has a hybrid remote work program. Eligibility is dependent on manager’s approval. OCTA is an equal employment opportunity employer that recruits, hires, and promotes qualified people without regard to race, color, religion, creed, ancestry, national origin, age, sex, pregnancy, gender, gender identity and/or expression, sexual orientation, marital status, medical condition, disability, genetic information, military and veteran status, or other legally protected status.