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Principal Accountant
Principal Accountant-April 2024
Newark
Apr 18, 2025
About Principal Accountant

  Principal Accountant

  Finance

  Job Description:

  Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers to their destinations on time–and we're looking to hire talented folks with a commitment to excellence to make it all possible.

  Summary:

  Preparation of monthly and yearly journal entries, account reconciliations and work papers in connection with Inventory Materials. In addition, Assist and Support Manager in preparation and coordination of audit workpapers and craft responses on an as needed basis.

  Roles and Responsibilities:

  Monitors the accounting, reporting and control of financial data to ensure the accurate maintenance and reporting of expenditures in accordance with NJ TRANSIT policy and procedures, federal and state regulations and GAAP.

  Participates in the implementation and development of NJ TRANSIT policies and procedures in order to maintain consistency, improve methodology and efficiency of accounting operations.

  Prepares and distributes detailed reports for all levels of management to facilitate the flow of financial information and/or resolution of problems relating to accounting.

  Reviews expenditures either by request of management or predetermined guidelines established by management, to ensure that all expenses are properly recorded.

  Performs and reviews analyses of selected general ledger accounts; identifies and resolves reconciling items and accounting issues on a timely basis.

  Provides oversight direction to lower-level accountants in the performance of specific tasks or special projects.

  Supervision Given to:

  N/AEducation, Experience and Qualifications:

  Minimum:

  Baccalaureate degree in accounting or related area and five (5) years of applied accounting experience.

  Knowledge and Skills:

  Essential:

  Knowledge of computerized financial systems preferable Oracle.

  At NJ Transit you will enjoy a competitive salary and excellent benefit package:

  Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision

  Flexible Spending Account

  Life Insurance

  Paid Leave

  Tuition Assistance

  Commuter benefits

  401(a), 401 (b), 401(k) Retirement Plans- up to 9% employer contribution

  At NJ TRANSIT we support and depend upon the diversity of our staff. NJ TRANSITis an Equal Opportunity Employer.

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