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Financial Analyst

Detroit Transportation Corporation

  • Detroit, Michigan
  • 2 days ago

    Highlights

    Remote Status : Hybrid with Supervisor's Approval General Summary: Under general direction of the Accounting Manager, the Financial Analyst is responsible for processing financial transactions, reconciliations, and maintaining and updating accounting records related to revenues, accounts receivable, banking, and budget. Acts as primary Finance and Accounting department's budget liaison to internal DTC departments, while maintaining the highest level of professionalism and confidentiality.

    Numbers & Facts

    LocationDetroit, Michigan
    IndustryTravel, Transportation and Tourism
    Company Size100 to 499 employees
    Year Founded1987
    Websitehttps://www.thepeoplemover.com

    Description

    FINANCIAL ANALYST
    Department: Finance
    Classification: Exempt
    Supervisor Title: Accounting Manager
    Safety Sensitive: No
    RemoteStatus: Hybrid with Supervisor's Approval
     
    General Summary:
     
    Under general direction of the Accounting Manager, the Financial Analyst is responsible for processing financial transactions, reconciliations, and maintaining and updating accounting records related to revenues, accounts  receivable, banking, and budget. Generates invoices, financial reports, and distributes tokens and passes to the sales team. Acts as primary Finance and Accounting department's budget liaison to internal DTC departments, while maintaining the highest level of professionalism and confidentiality. 
     
     
    Duties and Responsibilities:
    • Assists in developing DTC's annual budget, tracking budget, and periodic budget reporting to stakeholders
    • Assist in recommending and resolving budget variances
    • Periodic general ledger account reconciliations
    • Monthly bank account reconciliations
    • Attends to all pass and token sales in coordination with sales team
    • Assists in preparing deposit for daily sales and all incoming checks in coordination with Payroll Accountant/Manager
    • Reviews and reconciles reports on all pass and token sales
    • Maintains inventory of all passes by serial number and distributes to sales team
    • Reviews sales team documentation of mail order and in-person purchases of individual and bulk passes or tokens
    • Prepares invoices for all sales on account (pass/tokens, advertising, security services, etc.)                                           
    • Actively solicits feedback from colleagues and supervisor on opportunities for growth and development
    • Retrieves files and documents from the designated finance folders and drives on the company network.
    • May utilize approved external programs essential to the finance department’s regular operations.
    • Incorporates safety into all aspects of job functions
    • Must work within established methods, practices, procedures, policies of the DTC and federal or state laws
    • Performs other duties as assigned
    Education, Experience and Qualifications:
     
    Minimum
    • Associate or Bachelor's degree in Accounting from an accredited College or University
    • 5 years of experience in accounting
    • Experience with PC computer operations and software
    • Familiarity with general ledger
    • Combination of education and experience may substitute for minimum requirements
    Preferred:
    • Associates or Bachelor’s Degree in Criminal Justice
    • 3 years of relevant experience
    Knowledge, Skills, and Abilities: 
     
    Essential:
    • Must have working knowledge of computerized accounting system
    • Good math and clerical aptitude
    • Must be able to complete assigned tasks within allotted time paying close attention to detail
    • Ability to accomplish statistical analysis and generate related reports
    • Requires extensive computer input and good typing skills
    • Proficient in Microsoft Office  programs (Word, Excel, PowerPoint, Teams, Outlook, etc.)
    Working Environment:
    • The physical environment requires the employee to work inside
    • The majority of the work will be in an office, but the position may require work outside of an office setting
    • May be requested to work outside of regular office hours for special program events
    Physical Demands:
    • Must be able to perform the following with or without reasonable accommodations:
    • Walk, stand, sit, speak, hear and use of manual dexterity
    • Prolonged periods sitting at a desk and working on a computer
    • Lift and carry up to 25lbs
    Other Requirements:
    • Must pass a background check
    • Must pass complete physical, psychological examination, and drug screen Must have a driver’s record compliant to ‘DTC Driving Policy’

    About Company

    COMPANY HISTORY

    The Detroit People Mover (DPM) was built as part of an Urban
    Mass Transportation Administration (UMTA) – now Federal Transit
    Administration (FTA) demonstration project. The intent of that
    program was to determine how well a fully automated transit
    system might contribute to the revitalization of central business
    districts of major older cities such as Detroit, and whether such an
    automated technology could provide effective circulation/distribution
    service at a cost lower than conventional bus systems.
    Construction of the DPM system began in the spring of 1983
    under the auspices of the Southeastern Michigan Transit Authority
    (SEMTA), now the Suburban Mobility Authority for Regional
    Transportation (SMART). On October 3, 1985, the Detroit
    Transportation Corporation (DTC) was established to be the agency
    responsible for completion of the project construction and thereafter
    assume full ownership responsibility for the DPM. The DPM system
    began operating revenue service on July 31, 1987.


    COMPANY PROFILE
    The DTC is owner and operator of the DPM. The Detroit People
    Mover is a fully automated light rail system that operates on an
    elevated single-track loop in Detroit’s central business district. The
    system provides connections between the courts and administrative
    offices of several levels of government, sport arenas, exhibition
    centers, major hotels, and commercial, banking and retail districts.
    Service is frequent, unencumbered by vehicle or pedestrian traffic,
    and conveniently available throughout the central business district.
    The integration of eight of the 13 People Mover stations into preexisting
    structures links more than 9 million square feet that can be
    traversed unimpeded by outside elements.
    The DTC provides service to its patrons according to a seven-day
    schedule, which equates to 118.5 hours of operation per week for
    a nominal fee of 75 cents per ride. A fleet of 12 fully automated
    vehicles, which can be deployed in one or two car trains, provides
    this service. These vehicles travel in a counterclockwise direction
    and are propelled by two linear induction motors per car, which
    convey the steel-wheeled vehicles over the system’s 2.9 miles of
    continuously welded steel rail track.
    Each vehicle is heated or air conditioned as required for customer
    comfort. When in full loop operations, the vehicles are scheduled to
    provide service in 3- to 5-minute intervals. Completion of the entire
    route takes approximately 15 minutes or less.
    The DPM guideway is completely elevated and can be currently
    accessed at any of 13 passenger stations that are spaced at
    approximately quarter-mile intervals around the alignment. All
    stations are accessible to elderly and disabled persons, with the
    exception of Grand Circus Park. Passengers requiring elevator or
    escalator service should board and/or disembark at either Times
    Square or Broadway. Eight of the 13 People Mover stations (Times
    Square, Cobo Center, Joe Louis Arena, Financial District, Millender
    Center, GM Renaissance Center, Greektown, Grand Circus Park)
    are integrated into adjacent buildings, and the remaining five
    freestanding stations (Michigan, Fort/Cass, Bricktown, Cadillac
    Center, Broadway) are designed to facilitate direct access from
    future developments at the platform level if and when that is
    appropriate.
    Each of the 13 DPM stations contains major works of art that
    generate considerable interest, promote ridership and enhance
    the appearance of the system. In addition, the exhibit collectively
    named Art In The Stations has won numerous national as well as
    international awards for outstanding public art.

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