Financial Analyst

City of New York • New York, NY

1d • Onsite

About The Position

The New York City Department of Youth and Community Development (DYCD) supports youth and community services through contracts with a broad network of community-based organizations throughout New York City. Our central task is administering available city, state, and federal funds to a wide range of innovative, practical, and quality programs that positively impact youth and communities. DYCD is seeking to hire a Financial Analyst in the Financial Management Division. Under the supervision of the Deputy Director, the Analyst should possess excellent analytical, critical thinking skills, be highly motivated and a results-oriented individual. To effectively support and manage their assigned portfolios, the analyst will perform duties that include, but are not limited to:

Requirements

• A baccalaureate degree from an accredited college and two years of experience in community work or community centered activities in an area related to the duties described above; or
• High school graduation or equivalent and six years of experience in community work or community centered activities in an area related to the duties as described above; or
• Education and/or experience which is equivalent to "1" or "2" above. However, all candidates must have at least one year of experience as described in "1" above.

Nice To Haves

• Excellent analytical, critical thinking skills
• Highly motivated and a results-oriented individual

Responsibilities

• Prepare and maintain the portfolio’s spending plan. This includes preparation for all budget modifications and Financial Plan changes as well as the preparation of expenditure reports.
• Provide programmatic staff with oversight and technical assistance with funding and budgeting.
• Review and track programmatic and administrative spending; maintain tracking and reconciliation of direct service contracts status and budget. This requires coordinating with DYCD’s IT, Accounts Payable and ACCO departments to review and secure contracts, task orders etc. Also act as budget support specialist within the department, liaison with the Office of Management and Budget, and Comptroller’s Office.
• Prepare and present analytical reports on the portfolio budgetary issues. This can include fielding and/or responding to internal and external inquiries of related programs, briefing sheets for upper management to present at City Council hearings and other high-level meetings with oversight agencies. Review performance in these areas and develop, monitor and review cost reduction programs.
• Monitor the portfolio operations and estimate budget expenditures. Prepare and develop analyses to contribute to the agency wide surplus needs analysis.
• Analyze variances and discrepancies and report findings to upper-level management along with recommended changes.

What This Job Offers

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