About the LOSSAN Rail
The Los Angeles – San Diego –
San Luis Obispo (LOSSAN) Rail Corridor is a joint powers authority that works
to increase ridership, revenue, capacity, reliability, coordination and safety
on the coastal rail line between San Diego, Los Angeles and San Luis Obispo.
The LOSSAN Agency assumed management responsibility for the Pacific Surfliner
service in July 2015, following the execution of an interagency transfer
agreement with the state of California. The Pacific Surfliner travels along a
351-mile coastal rail route through San Diego, Orange, Los Angeles, Ventura,
Santa Barbara and San Luis Obispo counties, serving 29 stations. It is the
busiest state-supported intercity passenger rail route in the United States
with 24 daily trains and annual ridership of nearly 3 million. The LOSSAN Agency
is staffed by the Orange County Transportation Authority.
Under general direction,
leads, researches, analyzes, administers and maintains established and proposed
accounting programs in accordance with agency policies, procedures and practices,
and federal, state and local laws and regulations. Prepares, records, and
reconciles all accounting/business transactions for the LOSSAN Rail Corridor
Agency. Monitors all aspects of the LOSSAN Rail Corridor Agency budget and
performs variance analysis and trend analysis on operating data.
This is a exempt position in Salary Grade R:
Min $74,110.40– Mid $91,416.00– Max $ 108,721.60
annually. The starting salary will be within this range based on
The application deadline for this position is September 30,
This list is intended to indicate the general nature and
level of work performed by employees within this classification and is not
designed to be interpreted as an exhaustive listing of all tasks required of
employees assigned to this job.
- Record all accounting transactions of the LOSSAN Agency
and assist in the preparation of the LOSSAN Rail Corridor Agency’s annual
Financial Statements. Monitor and review the general ledger ensuring that
all accounting transactions are recorded properly and timely.
- Oversees professional accounting activities relating to
capital assets of the Agency. Understands new and/or complex modifications
to existing accounting standards and how to apply them to unique
- Researches, analyzes, administers and supports all
phases of the Agency’s major financial activities, including the Annual
Business Plan, revenue and expense budgets, and reports and analysis of
financial and operational data.
- Administers and leads major projects. Provides support
and assistance in all external and internal audits.
- Performs month end reconciliations for the LOSSAN
Agency bank accounts. Monitors all bank account activity to ensure all
transactions are properly accounted for.
- Performs all month end and quarter end reconciliations
of all general ledger accounts and recommends adjusting entries as needed.
- Performs operating expense and revenue trend analysis
of trains operations and prepares the formal monthly review and
reconciliation of Amtrak operating data.
- Prepares and submits all Caltrans required expense
reconciliation reports and supporting documentation.
- Prepares and submits all annual reports required by the
State Controller’s office.
- Reviews all vendor invoices for contract compliance,
budget compliance, and keeps contract balance reports updated.
- Assists in the preparation of the annual LOSSAN
business plan and budget.
- Tracks the operating, administrative and marketing
budgets of the LOSSAN Agency. Researches variances and provides variance
analysis. Prepares all quarterly budget status reports that are presented
to the Board of Directors, including the budget variance report, financial
activity report and contract balance report.
- Stays current with changes and pending changes in
accounting practices. Researches, develops solutions and reports findings
relative to new accounting standards or new unique financial events.
- Acts as a mentor and/or provides technical leadership
to staff members in applying accounting principles and applicable laws,
regulations, policies and procedures; makes recommendations for improving
operating procedures and policies. Assists with review of various reports
and accounting documents.
- Performs year-end closing activities, including
accruals, general ledger analysis.
- Performs various special analysis on Amtrak operating
data as needed.
- Completes special projects as assigned.
of education and experience equivalent to a bachelor’s degree in business,
finance, accounting, mathematics, statistics, economics or a related field with
a minimum of approximately five years of professional accounting or financial
analysis experience, three of which are at the journey level, in accounting,
budgeting, forecasting, financial analysis and developing/working with
financial models. A master’s degree in a related field is desirable.
- Governmental fund accounting.
- Generally Accepted Accounting Principles for Government
- Government Accounting Standards Board Statements
- Accounting practices and procedures.
- Budgeting and forecasting techniques.
- Intermediate level principles of state transportation
- Audit methods and practices.
- Effective oral and written communications principals
- Automated financial systems.
- Microsoft Office suite including Excel, Access, Word,
PowerPoint and Outlook.
Exercise independent judgment in applying
accounting principles to unique and complex situations.
Communicate technical concepts clearly and
concisely, both orally and in writing, to all levels of management and staff.
Work autonomously after receiving clear
Establish priorities and coordinate work
Work independently and in a team environment.
Pay a high level of attention to detail and
possess an aptitude for multi-tasking.
Write well and communicate effectively with team
members, consultants, and outside agencies.
Analyze complex financial issues and make
recommendations/presentations to management.
Use computer models and applications, including
Microsoft Office suite software such as Excel, Access, Word, PowerPoint,
Exercise discretion in the use of confidential
Establish and maintain effective working
(The physical demands described are representative of those
that must be met by the employee to successfully perform the essential
functions of this job. OCTA provides reasonable accommodation to enable
individuals with disabilities to perform the essential functions).
Positions in this class typically require:
may be performed in a stressful, fast-paced office environment, depending upon
Requires ability to
understand verbal communication and to respond effectively.
in this class typically require: Reaching, Fingering, Grasping, Feeling,
Talking, Hearing, Seeing, and Repetitive Motions in computer use.
Compensation and Benefits:
OCTA offers an attractive
compensation and benefits package that includes medical, dental and vision
health insurance programs, flex time (may be available), paid sick leave, paid
vacation and holidays, short-term and long-term disability, life insurance,
flexible spending accounts, retirement, deferred compensation plan, educational
reimbursement, excellent in-house training programs, free transportation passes
for the employee and dependents, wellness and ergonomic programs, and much
OCTA is an equal opportunity
employer and will not tolerate discrimination in employment on the basis of
race, color, age, sex, sexual orientation, gender identity, religion,
disability, ethnicity, national origin, marital status, status as a protected veteran,
genetic information, or any other legally protected classification or status.