Deputy Director - NYCTA Revenue
Listed on 2026-02-23
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Finance & Banking
Financial Manager, Financial Compliance
Opening
The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities.
Position ObjectiveThis position p lans and directs the New York City Transit revenue accounting activities. This position is responsible for establishing and implementing the policies and procedures for revenue administration, accounting, reporting, compliance, auditing, and internal controls. Directs and oversees the coordination of functional technical support, maintenance, testing, and acceptance for the corporate revenue system. Establish and continually review internal controls to ensure policies and procedures are applied, work effectively, and significant risks are mitigated.
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.
- 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 Metro Card as the system sunsets, ensuring accurate trailing settlements, reconciliations, and compliance through the transition period.
- Continue to oversee the continued financial administration of Metro Card 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.
Required Knowledge/Skills/Abilities:
- Strong leadership skills to effectively direct and motivate staff.
- Strong ability to communicate effectively with…
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