Financial Analyst I

Metropolitan Transportation Authority • New York, NY

6d • Hybrid

About The Position

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation's largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities. Position Objective: The Financial Analyst Level I, II, and III provides varying levels of support and analysis, dependent on the level, to the Office of Management and Budget and the Chief Financial Officer. Responsibilities include conducting financial and policy analyses, identifying fiscal issues at both the Agency and MTA Consolidated levels, reviewing Agency operating budget and financial plan submissions, and providing changes to ensure cohesive and coordinated MTA-wide financial plans are developed. Monitor monthly Agency financial and operational results to identify deviations from financial plans.

Requirements

• Academic understanding of generally accepted accounting principles.
• Knowledge of budgeting and financial forecasting techniques.
• Knowledge of Microsoft Office (Excel, Word, PowerPoint); macro development and pivot table knowledge are preferred, but not required.
• Knowledge of Oracle Hyperion budgeting system is preferred, but not required.
• Good report writing skills and oral communication skills. Communication and collaboration skills are very important in this role.
• The individual should be comfortable working as part of a group as well as independently.
• Must be able to perform the functions of this position without the need for direct hands-on supervision from the immediate supervisor of this position. It is expected that the individual in this position will take the initiative to resolve issues without constant supervision
• Bachelor's degree (preferably in finance, business, business administration, economics, or transportation). An equivalent combination of education and experience from an accredited college may be considered in lieu of a degree.

Responsibilities

• Analyze and evaluate comprehensive Agency budget and financial plan proposals, synthesize information, and make recommendations for inclusion in Board submissions according to the new budget process.
• Produce timely written reports analyzing and explaining monthly variances of the Agency's operating results (both accrual and cash) for revenues and expenses.
• Work with the Agency budget staff in preparing narratives and analyses that support each financial plan or budget update.
• Perform reviews of actual financial and operating results versus the prior year's budget and/or forecast.
• Perform special projects and participate as needed on MTA-wide issues that require budgetary or financial expertise.
• Identify, quantify, and explain significant financial risks and opportunities.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees