Sr. Manager, Financial Planning & Analysis

Description

JOB TITLE:                   Sr. Manager, Financial Planning & Analysis    

SALARY RANGE:        $109,029 -118,137 

HAY POINTS:               702

DEPT/DIV:                    OMB – Management and Budget HQ, B&T, C&D                      

SUPERVISOR:              Deputy Director B&T, C&D Budget                    

LOCATION:                 2 Broadway, New York, NY 10004                        

HOURS OF WORK:    9:00 am - 5:30 pm (7 1/2 hours/day)

DEADLINE:                                     

This position is eligible for telework which is currently one day per week. New hires are eligible to apply 30 days after their effective date of hire.

SUMMARY:

Manage annual revenue and expense budgets, track and report revenues, expenses, utilization, and headcount on a monthly basis and prepare a sound financial plan that provides an accurate estimate agency operating budget over the Financial Plan period.

RESPONSIBILITIES:

• Select, develop, and motivate personnel within the department. Provide career development for subordinates. Provide prompt and effective coaching and counseling. Responsible for discipline/termination of employees when necessary. Review performance of staff. Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential.
• Manage and maintain the budget and multi-year financial plan for four separate exercises per year (one approved budget, one technical adjusted budget and two forecasts). Ensure that all departments have appropriately defined their budget/forecast requirements, and that budget/forecasts are adequate to cover actuals.
• In Hyperon budgeting system, manage all rules and CPIU calculations and ensure their accuracy for the budget and subsequent forecasts. Report changes in the CPIU values from budget to budget for the State Comptroller.
• Track actual revenue, expenses, utilization and headcount categories against the budget/forecast. Ensure that monthly actual expenses are in line with the corresponding budget. Identify significant variances so that corrective action can be taken. Update monthly utilization tables.
• Ensure that all requisitions are accurately funded in accordance with procurement information and modify existing budget if necessary. Modify budgets by moving funds from one GL to another to accommodate needs that may exceed budgeted levels.
• Ensure that appropriate funding levels are in place for all contract and purchase order commitments and modify existing budget if necessary. Verify that appropriate funding levels are in place prior to contract and purchase order commitments. Modify budgets by moving funds from one GL to another to accommodate needs that may exceed budgeted levels.
• Maintain Hyperion budgeting and planning system, involving technical expertise and understanding of the system set-up. Ensure that financial system is operating adequately to accommodate all financial reporting needs. Ensure that all business rules are run according to the system’s instructions. This includes downloading actuals on a monthly basis and running business rules in order to finalize the budget.
• Monitor the performance of all departments and assist them in preparing budget goals and obtaining information showing their performance. To assist the department in setting goals and levels of efficiency consistent with the Authority’s mission.
• Provide analysis of various labor and non-labor expenses for cost-benefit analysis purposes. To aid in making informed decisions about various expense categories and to develop estimates for all cost benefit analyses that involve non-labor categories. Manage expense reduction exercises and liaison with departments to achieve savings targets.
• Act as OMB contact for departmental staff.
• Other duties as assigned including special projects as requested by MTA Leadership, NYS Comptroller and OMB Deputy Chiefs.
• Support the implementation of the new Central Business District Tolling Program within the Hyperion budgeting system set to go live in 2024.
• Other duties as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES

• Knowledge of Oracle Hyperion budgeting and PeopleSoft systems.
• Knowledge of budgeting and financial forecasting techniques.
• Knowledge of general accounting and financial reporting.
• Knowledge of Microsoft Office (Excel, Word, PowerPoint), including macro development and pivot tables.
• Effective oral, business writing, and communications skills (ability to interface with all levels of management).
• Ability to ascertain critical operational and functional issues and prioritize analysis accordingly.
• Ability to seek out, sort and compile data into useful information formats.
• Must be comfortable working as part of a group as well as independently and must be able to perform the functions of this position without the need for direct hands-on supervision from the immediate supervisor.
• Must be a self-starter with initiative and ability to resolve issues without constant supervision.
• Must have a flair for numerical data and the ability to interpret and present figures with a willingness to learn and keep oneself updated with new Agency developments.

EDUCATION AND EXPERIENCE:

• A bachelor’s degree (preferably in finance, business, economics, or accounting).
• A minimum of seven years of financial analysis and/or budget development.
• A minimum of 2 years of supervisory experience managing a function and/or staff

OTHER INFORMATION:

Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”).

Equal Employment Opportunity

MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including with respect to veteran status and individuals with disabilities.

The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.