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CI
CENTRO, INC.
Director of Accounting and Financ
Career Insights for Director of Accounting
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Based on New York data
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What they do
A Director of Accounting oversees all financial operations of a company or organization. They manage accounting staff, oversee financial reporting, and develop and implement accounting policies and ensure compliance with tax and accounting regulations.
$165,166 / year median in New York
Job Description
At Centro, we approach every day as an opportunity to create a positive impact on the communities we serve. We evolve by focusing on organizational values centered on inclusivity, service, integrity, community, and family. From supporting local charities and organizations to embracing sustainable business practices, Centro is dedicated to doing the most good for its customers, partners, and the planet.
STARTING SALARY
Grade 9 - $96,293 to $107,629Note:
Starting salary is determined by evaluation of experience and qualifications for the position and will be set at some point between this range Centro offers a variety of amazing benefits, including co-pay healthcare for less than $40 per week, dental and vision benefits 100% covered by the company, a 8% company match with your NYS Deferred Compensation retirement plan and much more!JOB SUMMARY
The Director of Accounting plays a pivotal leadership role in overseeing the Authority's accounting, payroll, revenue operations, and grant accounting functions. This position ensures the integrity, accuracy, and compliance of financial operations in accordance with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB) standards, Federal Transit Administration (FTA) requirements, and applicable federal and state regulations.MAJOR DUTIES
- Lead, mentor, and support supervisory staff, setting priorities and fostering a collaborative, accountable team environment
- Oversee all accounting operations, including general ledger, reconciliations, accounts payable, accounts receivable, and monthly and year-end close processes
- Review and analyze monthly, quarterly, and annual financial reports to ensure accuracy, completeness, and compliance
- Ensure timely and accurate financial reporting to executive leadership and the Board of Members
- Provide oversight and guidance in the development of the annual operating budget and ongoing financial forecasting
- Monitor cash flow, analyze trends, and provide recommendations to executive leadership
- Oversee banking platforms, deposit accounts, and financial transaction systems, ensuring security and accuracy
- Oversee payroll reporting, labor analytics, and benefit-related financial data to support planning and reporting
- Oversee revenue collection operations, including fare systems, accounts receivable, deposits, reconciliations, and internal controls
- Ensure strong internal controls over cash handling, fare media inventories, and revenue reporting
- Oversee grant accounting, reimbursement requests, and compliance with federal and state reporting requirements
- Coordinate and direct the annual fiscal year-end audit and ensure preparation of supporting documentation
- Serve as an internal control liaison and support the development and maintenance of policies, procedures, and documentation
- Identify opportunities for process improvement, automation, and enhanced financial reporting
- Provide financial analysis, operational insight, and recommendations to the VP of Finance and Executive Team
- Participate in cross-departmental initiatives and organizational projects