Financial Analyst I

Responsibilities

• Conduct financial and policy analyses.
• Identify fiscal issues at both the Agency and MTA Consolidated levels.
• Review Agency operating budget and financial plan submissions.
• Provide 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.
• 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 Agency operating results (both accrual and cash) for revenues and expenses.
• Work with Agency budget staff in preparing narratives and analysis 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.
• Identify, quantify, and explain significant financial risks and opportunities.
• Perform special projects and participate as needed on MTA-wide issues that require budgetary or financial expertise.

Requirements

• Equivalent combination of education and experience from an accredited college may be considered in lieu of a degree.
• Academic understanding of generally accepted accounting principles.
• Knowledge of budgeting and financial forecasting techniques.
• 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 initiative to resolve issues without constant supervision.
• Possess experience with generally accepted accounting principles.
• Possess knowledge of budgeting and financial forecasting techniques.
• Possess outstanding report writing skills and good communication skills.
• Possess excellent communication, collaboration, and sound problem-solving skills.
• Must be able to convey information both in a precise technical manner and in a concise, understandable manner.
• Possess knowledge of Microsoft Office (Excel, Word, PowerPoint); macro development and pivot table knowledge preferred.
• Possess knowledge of Oracle Hyperion budgeting system preferred.

Qualifications

• Bachelor’s Degree in Arts/Sciences (BA/BS) 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.
• Minimum 1 year financial (preferably budgeting) experience with a major government or corporate entity.
• A master’s degree may substitute for two years of experience.
• Knowledge of Microsoft Office (Excel, Word, PowerPoint); macro development and pivot table knowledge preferred.
• Knowledge of Oracle Hyperion budgeting system preferred.