SALARY: $65k – $105k

GENERAL PURPOSE:  

As a part of the ORCA Finance staff, this job contributes to the regional ORCA program by playing a key role in administering and managing Treasury related duties on a day-to-day basis. The regional ORCA program manages the operations of the ORCA fare collection system on behalf of seven participating Agencies. This position requires a highly motivated self-starter who is a quick learner, customer focused and able to earn trust quickly. The candidate should be a problem solver, curious to understand the how and why of the ORCA system, with the ability to think strategically, while paying attention to details and diving deep when needed. This position will allow the candidate the ability to be both hands on, dealing with daily Treasury functions, but also the opportunity to evaluate and improve on processes and work on new initiatives or integrations. The successful candidate should be comfortable with ambiguity and balancing multiple competing priorities.

ESSENTIAL FUNCTIONS:

The following duties are a representative summary of the primary duties and responsibilities. Incumbent(s) may not be required to perform all duties listed and may be required to perform additional, position-specific duties.

• Build, maintain and support relationships with banking and revenue service partners.

• Work closely with banking partners and ORCA regional agencies Treasury or Finance teams, actively seek to understand their needs, strategies, initiatives, opportunities, and challenges. Help ensuring transparency, collaboration, and remove obstacles as needed.

• Manage daily cash position, review system generated transfer reports and reconcile any discrepancies.

• Track, review and facilitate wire and ACH payment processes.

• Direct armored courier in Vending Machine revenue service activities, providing adequate funds to meet customer demands; reconcile vendor deposits to back office reporting, coordinating special services and audits.

• Develop, maintain and continuously evaluate policies, processes, internal controls and best practices to support business and maximize efficiencies.

• Actively participate in monthly and quarterly close activities including preparing and/or posting journal entries, working closely with external teams to obtain applicable month-end reporting, and performing certain reconciliations as needed.

• Manage, review and follow-up on credit card payment reconciliations for the ORCA system.

• Oversee the refund process, ensuring accuracy and refunds are applied within approved regional policies.

• Bring to the attention of management instances when accounting data indicates trends or situations requiring action to be taken beyond scope of responsibilities, including making recommendations.

• Develop ad hoc financial reporting and analysis as needed.

• Support/lead departmental projects and resources appropriately to ensure that projects are successfully implemented while working collaboratively across the organization to ensure previously agreed upon project deliverables are met.

• As subject matter expert, stay current on Treasury-related topics, communicate significant changes to relevant parties and cross-train other employees on treasury processes, products and services; maintain awareness of federal, state and local regulations and impact of changes on the Agency.

• Serve as a key back up to the other ORCA Finance functions.

• Appropriately escalate issues to management so issues are resolved in a timely manner.

• Demonstrates Sound Transit’s Values in every interaction.

• It is the responsibility of all employees to follow the Agency safety rules, regulations, and procedures pertaining to their assigned duties and responsibilities, which could include systems, operations, and/or other employees.

• It is the responsibility of all employees to integrate sustainability into everyday business practices.

• Other duties as assigned.

MINIMUM QUALIFICATIONS:

Education and Experience:

Bachelor’s Degree in Accounting, Finance, Economics, Business, or other related field required. Minimum of four years of experience with cash management, treasury, investment and management.  Experience with large financial and accounting systems preferred.

Required Licenses or Certification:

None

Required Knowledge of:

• Public finance and experience related to financial asset management and cash management and regulations or ability to come up to speed on complex terms and processes quickly.

• Knowledge of cash flow forecasting, budget, financial analysis and modeling skills.

• Accounting (generally accepted accounting principles) and finance theory, principles, and practices, financial systems and internal control design.

• Applications of electronic data processing and analysis. Report preparation and presentation, working with report parameters, queries and data extraction.

• Pertinent state and federal regulations; Agency policies, procedures, rules and regulations.

• Computer applications such as word processing, spreadsheets, and statistical databases.

• Modern office procedures, methods, and equipment including computers.

Required Skills:

• Establishing and maintaining effective working relationships with others. Interpreting and administering regulations, accounting and finance principles, policies and procedures sufficient to administer, discuss, resolve, and explain them to staff and other constituencies.

• Drafting, reviewing and negotiating complex agreements and contracts.

• Researching, analyzing, and evaluating new and complex financing products.

• Keen attention to detail with advanced analytical and problem solving skills.

• Ability to work in a self-guided manner, demonstrate good personal judgment.

• Ability to apply effective interpersonal skills in sensitive and confidential financial transactions requiring demonstrated poise, tact, diplomacy, and the ability to interact with individuals at all levels of the organization.

• Demonstrated advanced Excel and financial modeling skills.

Physical Demands / Work Environment:  

• Work is performed in a standard office environment.

• Subject to standing, walking, bending, reaching, stooping, and lifting of objects up to 25 pounds.

• The Agency promotes a safe and healthy work environment and provides appropriate safety and equipment training for all personnel as required.

Sound Transit is an equal employment opportunity employer. No person is unlawfully excluded from employment action based on race, color, religion, national origin, sex (including gender identity, sexual orientation and pregnancy), age, genetic information, disability, veteran status or other protected class.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)