Peter Mc Ardle
About Peter Mc Ardle
Peter Mc Ardle is an experienced accounting professional currently serving as the Accounting Manager at the Jacksonville Transportation Authority. He has held various finance-related positions over a career spanning several decades, including roles at Nelnet Guarantor Solutions and Xerox, and has a strong background in grants accounting and financial process improvement.
Work at Jacksonville Transportation Authority
Peter Mc Ardle has served as the Accounting Manager at Jacksonville Transportation Authority since 2017. He held the position of Interim Controller from April to August 2020. During his tenure, he successfully reduced the monthly financial close process from ten days to five days within seven months of starting. He developed and implemented a fuel price hedging accounting treatment in compliance with GASB 53 guidelines. Mc Ardle also implemented automated general ledger financial transactions for purchasing cards, managing $200,000 in monthly purchases. Additionally, he led the accounting functions for a regional expansion project into four contiguous counties.
Previous Experience at Nelnet Guarantor Solutions
Prior to his role at Jacksonville Transportation Authority, Peter Mc Ardle worked at Nelnet Guarantor Solutions for 18 years, from 1998 to 2016. He held the positions of Director of Finance and Program & Product Manager during his time there. His extensive experience in finance and program management contributed to his expertise in accounting and financial operations.
Career Background at Xerox
Peter Mc Ardle began his career at Xerox, where he worked from 1993 to 1997. He served as a Financial Analyst for the Pension Benefit Guaranty Corporation Contract for 11 months in 1993. Subsequently, he worked as a Project Manager from 1994 to 1997. His roles at Xerox provided him with foundational experience in financial analysis and project management.
Education and Expertise
Peter Mc Ardle holds a Master’s degree in Business Administration from Hood College. He also earned a Bachelor of Science in Finance from the University of Maryland College Park. His educational background supports his extensive knowledge in finance and accounting, making him a subject matter expert in grants accounting, managing 33 FTA grants totaling $62 million and 23 state grants totaling $65 million.
Achievements in Financial Management
Throughout his career, Peter Mc Ardle has achieved significant milestones in financial management. He converted an unused operational state grant of $445,000 into a capital grant, facilitating the purchase of four cutaway vehicles. He also developed and implemented a paperless driver manifest process at Jacksonville Transportation Authority, showcasing his commitment to efficiency and innovation in financial operations.