Budget Analyst

City of New York•New York City, NY

14d•Onsite

About The Position

NYC DOT seeks to hire a Budget Analyst to join the Facilities Management Unit. The candidate must be an independent thinker with strong problem-solving abilities, a high level of initiative, and encompass strong analytical skills. With oversight from the Deputy Director of Financial Management, the Budget Analyst will be responsible for monitoring expense OTPS and capital expenditures for the Facilities unit, compiling budget proposals, performing technical budget activities, and overseeing the agencies $80M+ Lease budget. The role also involves making decisions regarding funding availability, assisting with budget modifications, preparing project packages, overseeing year-end exercises, completing financial functions within Passport, and creating complex Excel spreadsheets for budget analyses.

Requirements

Permanent serving in the Management Auditor title, or be reachable on the Civil Service list.
A baccalaureate degree from an accredited college including or supplemented by 24 semester credits in auditing, accounting, finance, economics, statistics, law, quantitative or qualitative research methodology, mathematics, data science, management, public or business administration, computer science/information technology, or a related field.
One year of full-time satisfactory experience in performance auditing according to Generally Accepted Government Auditing Standards (GAGAS), financial auditing, internal auditing, and/or information technology (IT) auditing; OR a valid Certified Public Accountant license issued by the New York State Education Department; OR a valid Certified Internal Auditor certificate issued by the Institute of Internal Auditors (IIA).
To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one year of experience as a Management Auditor - Assignment I or at least two years of experience in performance auditing according to Generally Accepted Government Auditing Standards (GAGAS), internal auditing, financial auditing, and/or information technology (IT) auditing.

Nice To Haves

Independent thinker with strong problem-solving abilities
High level of initiative
Strong analytical skills

Responsibilities

Monitor Expense OTPS and capital expenditures for the Facilities unit.
Compile Expense and Capital Budget New Need proposals as well as savings/cost reduction proposals (PEG) in preparation for financial plans and other budget exercises.
Perform technical budget activities including daily budget modifications requests, daily OTPS reports, monthly spending plans and other technical budget functions for the Capital and Expense budget.
Monitor and oversee the agencies $80M+ Lease budget including reviewing invoices for accuracy, reconciling financial issues with landlords, updating and tracking expenses, projecting lease expenses and submitting invoices to accounts payable for payment.
Make decisions regarding funding availability and provide budget structures for requisitions and procurements as submitted by the procurement team.
Assist with monitoring and tracking expense budget modifications and capital registrations.
Prepare and submit Certificate to Proceed (CP) packages for Facilities Management’s capital projects and oversee commitment plan changes.
Oversee Facilities Management’s year end exercises, such as the encumbrance rollover report and accrual exercise.
Complete financial functions as required within Passport, City of New York’s digital procurement platform.
Create complex and analytical Excel spreadsheets to perform advanced budget analyses as required.
Perform additional budget related analyses, exercises, requests, and special projects as assigned.