What are the responsibilities and job description for the Analyst - Capital Financial Planning position at Office of Management and Budget?
TASK FORCE: Capital Financial Planning
UNIT: Capital Financial Planning
JOB TITLE: One (1) Assistant Analyst / Analyst
CONTROL CODE: CFP-25-02
SUMMARY:
The Mayor’s Office of Management and Budget (OMB) is the City government's chief financial agency. OMB's staff of analysts and experts assembles and oversees the Mayor’s expense and capital budgets, which fund the services and activities of approximately 90 City agencies and entities.
Within OMB, the Capital Financial Planning Unit has primary oversight responsibilities for all agencies on budget and policy issues relating to Capital Budget Management, including the formation of Capital Planning Strategies with Senior Administration Officials. It acts as the liaison for the Administration in negotiating the modification and adoption of the Capital Budget with the Borough Presidents and City Council. The Capital Financial Planning Unit is responsible for the forecast and monitoring of Capital Cash Flow used to project long-term borrowing for New York City’s financing program. The Unit is also responsible for the preparation of all City Charter Mandated Capital Budget Publications and well as the development, maintenance, and security of the Capital Budget areas of the City’s Financial Management System.
JOB DESCRIPTION:
The duties of the position include the following:
Assistant Analyst ($58,851 ): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment with no or one year of full-time experience in budgetary planning/management, audit, compliance, accounting, financial analysis, public policy analysis/administration or a related field.
Analyst ($74,893): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of two years of budgetary planning/management, financial analysis, audit, compliance, accounting, public policy analysis/administration or a related field; or an awarded Master's degree in Financial Management, Business, Public Administration or a field related to the specific assignment.
Minimum Qualifications
As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.
Residency Requirement
New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.
Additional Information
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
UNIT: Capital Financial Planning
JOB TITLE: One (1) Assistant Analyst / Analyst
CONTROL CODE: CFP-25-02
SUMMARY:
The Mayor’s Office of Management and Budget (OMB) is the City government's chief financial agency. OMB's staff of analysts and experts assembles and oversees the Mayor’s expense and capital budgets, which fund the services and activities of approximately 90 City agencies and entities.
Within OMB, the Capital Financial Planning Unit has primary oversight responsibilities for all agencies on budget and policy issues relating to Capital Budget Management, including the formation of Capital Planning Strategies with Senior Administration Officials. It acts as the liaison for the Administration in negotiating the modification and adoption of the Capital Budget with the Borough Presidents and City Council. The Capital Financial Planning Unit is responsible for the forecast and monitoring of Capital Cash Flow used to project long-term borrowing for New York City’s financing program. The Unit is also responsible for the preparation of all City Charter Mandated Capital Budget Publications and well as the development, maintenance, and security of the Capital Budget areas of the City’s Financial Management System.
JOB DESCRIPTION:
The duties of the position include the following:
- Develop the Capital Financial Plan, Commitment Plan, Capital Budget and Ten-Year Capital Strategy;
- Consult with the Borough Presidents and City Council on proposed capital projects;
- Develop statistical models for monitoring capital commitment and expenditure trends;
- Coordinate with OMB taskforces and outside agencies on various budget issues related to the Capital Budget;
- Prepare ad-hoc budgetary reports using Microsoft Excel and Access;
Assistant Analyst ($58,851 ): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment with no or one year of full-time experience in budgetary planning/management, audit, compliance, accounting, financial analysis, public policy analysis/administration or a related field.
Analyst ($74,893): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of two years of budgetary planning/management, financial analysis, audit, compliance, accounting, public policy analysis/administration or a related field; or an awarded Master's degree in Financial Management, Business, Public Administration or a field related to the specific assignment.
Minimum Qualifications
- A baccalaureate degree from an accredited college.
As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.
Residency Requirement
New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.
Additional Information
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
Salary : $58,851 - $74,893
