Financial Analyst (Junior - Senior Level)

Description

JOB TITLE:                                    Financial Analyst (Junior - Senior Level)

DEPT/DIV:                                    Management & Budget 

SUPERVISOR:                                Senior Manager Operating Budgets – Commuter Rail

LOCATION:                                     Jamaica, Queens

POSITION CLASSIFICATION:   Non-Safety Sensitive

HOURS OF WORK:                       40-hour work week

DEADLINE:                                     Open until filled

UNION AFFILIATION:                TCU – Exemption 5

Title

100% Hourly Rate of Pay (See Wage Progression Below)

Senior Financial Analyst

$51.74*

Financial Analyst

$42.01*

Junior Financial Analyst

$38.22

SUMMARY:

To facilitate the development of departmental annual-based budgets/forecasts and assess the impact of these individual departmental plans on the total corporate plan.  To assess monthly departmental operating performance and to make the link between resources used, departmental goals, and financial performance.

RESPONSIBILITIES:

• Acquire in-depth knowledge of the basic business of various departments.
• Assist in the development and analysis of departmental annual budgets.
• Assist in the maintenance of the corporate budget systems tables.
• Analyze departmental monthly performance in terms of operational activities, efficiency of resource utilization, and financial impact both departmental and corporate.
• Function as a resource for individual departments:
  • Provide corporate perspective;
  • Facilitate the link between performance activities and financial assets;
  • Facilitate departmental budget reviews;
  • Communicate information which affects departments’ financial results.
• Production of various financial reports, statements, and spreadsheets.
• Analyze Operating Funded Capital projects.
• Review and analyze departmental forecast information.
• Preparation of various analyses in response to special requests.

KNOWLEDGE, SKILLS, AND ABILITIES

• Knowledge of basic accounting, financial and analytical techniques.
• Effective oral and written communication skills.
• Ability to quickly ascertain and communicate on critical financial/operational issues.
• Ability to obtain information from knowledgeable sources (financial, technical, or operational personnel, etc.) and maintain a rapport with them.
• Advanced computer skills with knowledge of spreadsheet, word processor, and graphic applications.

WAGE PROGRESSION:

For Employees Hired Before or on 9/24/2014:

• 80% -1st- 365 calendar days
• 85% -2nd 365 calendar days
• 90% -3rd 365 calendar days
• 95% -4th 365 calendar days
• 100% -After 1,460 calendar days.

For Employees Hired After 9/24/2014:

• 80% -1st- 365 calendar days
• 80% -2nd 365 calendar days
• 85% -3rd 365 calendar days
• 90% -4th 365 calendar days
• 90% -5th 365 calendar days
• 95% -6th 365 calendar days
• 100% -After 2,190 calendar days.

New employees may be hired at any step of the wage progression. Employees transferring from other positions on the Rail Road will be placed at the lowest step of the wage progression which represents an increase in pay above their prior base salary; if this step is less than 10% above their prior base salary, the employee will be placed at the next higher step as long as the increase does not exceed the 100% rate of pay for the position.

EDUCATION AND EXPERIENCE:

Senior Financial Analyst:

Required:

• Minimum five years of experience in accounting/finance.
• Bachelor’s degree in Accounting, Finance, Business or related area.

Preferred:

• MBA preferred.

Financial Analyst:

Required:

• Minimum three years of experience in accounting/finance
• Bachelor’s degree in Accounting, Finance, Business or related area.

Preferred:

• MBA preferred.

Junior Financial Analyst:

Required:

• Minimum one year of experience in accounting/finance
• Bachelor’s degree in Accounting, Finance, Business or a related area

Preferred:

• MBA Preferred.

OTHER INFORMATION:

Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”).

Equal Employment Opportunity

MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including with respect to veteran status and individuals with disabilities.

The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.