Analyst - Fiscal

New York City, NY • Manhattan, NY

316d • $58,851 - $84,257

About The Position

The Mayor's Office of Management and Budget (OMB) is the City of New York's chief financial agency. OMB's staff of analysts and experts assembles and oversees the City's expense and capital budgets, which fund the activities of approximately 90 City agencies and entities. The Community Development Block Grant - Entitlement and Disaster Recovery (CDBG-EDR) Unit oversees the City's Community Development Block Grant awards, which are administered by the U.S. Department of Housing and Urban Development (HUD). Congress established the CDBG Entitlement program in 1974 to provide annual grants for housing, economic development, and other projects that principally benefit low- and moderate-income persons. The City uses CDBG funds for various activities such as housing code enforcement, emergency housing repairs, public services (e.g., day care, recreational activities, senior services), historic preservation, planning activities, etc. The CDBG - Disaster Recovery (CDBG-DR) program provides funding to address a wide range of needs following presidentially-declared disasters. The City currently manages CDBG-DR allocations related to Hurricanes Sandy and Ida. Funded programs focus on disaster relief, long-term recovery, restoration of infrastructure and housing, economic revitalization, and making the City more resilient to the impacts of climate change. The CDBG-EDR Fiscal Unit oversees the budgets for each grant including participating in the City's four-phase budget cycle; monitors expenditures using the City's Financial Management System (FMS); seeks federal reimbursement for eligible expenditures; coordinates and prepares financial reporting to the federal government; and confirms that the City meets various thresholds applicable to the grants.

Requirements

• Assistant Analyst: Bachelor's degree in Economics, Political Science, Public Administration, Public Affairs, Urban Studies, or a related field with no or one year of full-time experience in budget planning, financial analysis, public policy analysis, or a related field.
• Analyst: Bachelor's degree and a minimum of two years of full-time experience in budgetary planning/management, financial analysis, public policy analysis or a related field; or an awarded Master's degree in a related field.
• Senior Analyst: Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a related field and a minimum of three years of full-time experience in budgetary planning/management, financial analysis, public policy analysis/administration, or a related field; or an awarded Master's degree in a related field and one year of relevant experience.

Nice To Haves

• Experience with grant administration and management.
• Experience with Quickbase.
• Experience with City Human Resource Management System (CHRMS).
• Experience with CRYSTAL reporting software.

Responsibilities

• Monitor the CDBG and CDBG-DR funds budgeted in various City agencies and entities.
• Become proficient in the use of the City's Financial Management System (FMS) and the City Human Resource Management System (CHRMS).
• Monitor funded positions in assigned agencies through the NYCAPS system and Planned Action Report (PAR) review and analysis process.
• Become proficient in HUD's reporting systems, the Integrated Disbursement and Information System (IDIS) and the Disaster Recovery Grant Reporting system (DRGR).
• Prepare and implement drawdowns against the CDBG Letters of Credit using HUD's systems.
• Work closely with entities involved with CDBG funds including the New York City Comptroller's Office, HUD, and independent auditing firms during the Single Audit.
• Prepare City fiscal year close reports in conjunction with the Comptroller's Office close.
• Prepare monthly fiscal reports, status reports, and all other budget, allocation, and expenditure reports.
• Develop the November Plan, the Preliminary Budget, the Executive Budget, and the Adopted Budget for assigned agencies.
• Assist in the production of various reports and plans for submission to HUD and release to the public.
• Monitor the CDBG Program Income revenue on a day-to-day basis.
• Monitor CDBG-funded expense and revenue accruals on a day-to-day basis.
• Represent the Fiscal Unit in the effort to develop a Hurricane Ida grants management system.
• Produce special reports and participate in ad hoc projects, when necessary.

Benefits

• Public Service Loan Forgiveness eligibility.
• New York City residency requirement within 90 days of appointment.

What This Job Offers

• Career Level: Entry Level
• Industry: Justice, Public Order, and Safety Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees