Principal Financial Analyst

Description

The Office of the Chief Security Officer ( O CSO) is a critical asset of the Port Authority mission, responsible for providing the highest quality public safety, facility security operations, security program management, emergency management, and airport rescue and firefighting training. Over 2,000 employees ensure the safe movement of the Port Authority's customers, partners, employees, and stakeholders daily .

The mission of Resource Management & Planning (RMP) is to support the delivery of quality services that fulfill the OCSO mission and Agency objectives by establishing, implementing, and monitoring resource management policies and programs for all departments reporting to the O CSO.

About The Role

The Principal Financial Analysis is a key member of the RMP Financial & Business planning team who is responsible for developing , analyzing and financially managing the $800M annual budget for the Office of the Chief Security Officer including 19 Public Safety Units /Commands and 6 Civilian Security departments . The successful candidate will handle various reporting and analysis tasks utilizing Po wer BI or Tableau financial reporting tools, redevelopment reimbursement projects, and the police department workforce model. This role requires strong analytical skills, attention to detail, and managing complex projects with multiple stakeholders. The Pr. Financial Analyst will work closely with the Grants and Resource team to reconcile grant reimbursements with the annual financial budget and collaborate with other RMP teams to deliver the mission of RMP.

Responsibilities

• Workforce Modeling: Develop and maintain the police department workforce model to support long-term resource planning and allocation strategies.
• Advanced Financial Reporting: Lead the design, implementation, and maintenance of Power BI or Tableau financial reporting tools to ensure real-time data accessibility for key stakeholders.
• Prepare analysis of OCSO Department’s expense budget development and submissions to ensure alignment with agency guidelines, priorities and fiscal responsibility. This includes developing budget planning documents, labor rates, identifying budgetary issues and challenges, developing appropriate analyses and recommendations, and collaborating with the OCSO departments and external partners to problem solve and ultimately resolve any issues.
• Prepare financial performance results (particularly operating and capital expenses, workload analysis for both Public Safety and Civilian) and other analyses (staffing assessments and allocations, productivity analysis, and OCSO expenses for capital projects support etc.) to OCSO and agency leadership, including highlighting and communicating significant variances from plan, and recommending strategies to address areas where management action may be necessary.
• Redevelopment Project Financial Management: Manage financial tracking, analysis, and reimbursement processes for ongoing redevelopment projects across multiple facilities.
• Process Improvement and Innovation : Identify and implement process improvements to enhance efficiency and reduce manual workload for financial and operational reporting.
• Collaborate with the Grants team to ensure all grant-funded projects are appropriately financially managed , aligned with agency guidelines, and tracked for compliance and reporting purposes
• Identify challenges and opportunities in reporting, analysis, b udgeting, and routine processes to propos e improvement opportunities and establish data-driven decision-making .
• Collaborate with other teams within the O CSO and across the agency.
• Perform cost analysis for new initiatives.
• Ad-hoc tasks as needed.
  
  

Qualifications

• Bachelor’s degree from an accredited college or university in Finance, Accounting, Operations Management, Public Policy, Public Administration, Business Management, Planning, Operations Researc h, or a related field .
• At least t hree years of experience in performing complex financial analysis, budgeting , and/ or operational analyses within a large organization.
• Excellent oral and written presentation skills, with the ability to present and discuss
  
  

financial information in a clear and informative manner.

• Expertise with desktop applications, such as Word, Excel, and PowerPoint .
• Strong analytical experience.
• The selected candidate will be required to undergo a background investigation conducted by the Port Authority Police Department (PAPD)
  
  

Desired

• A Master’s Degree from an accredited college or university in Finance, Accounting, Operations Management, Public Policy, Public Administration, Business Management, Planning, Operations Research, or a related field.
• One to three (1-3) years of experience working with cross-functional teams to deliver projects.

• Experience
• P roficient in performing financial analyses , including what-if scenarios, and cost benefit analyses.
• Strong strategic skills with a proven ability to identify and assess key points, implications , and make recommendations based on analytical reviews of business cases.
• C ontinuous improvement initiatives, root cause analysis , and project management .
• Experience with the Port Authority’s financial, operating and capital B udgeting and accounting and reporting structure, or similar processes at a similar sized organization.
• Ability to effectively interact with executive staff including police supervisors at an individual and group setting.
• Experience with the Port Authority’s corporate financial systems, such as SAP, PeopleSoft, BudgetPRO , and ICMS/Cognos , in addition to proficiency with desktop applications such as Word, Excel, PowerPoint, and the broader Office 365 suite , Power BI, Tableau .

How to Apply:

Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a resume. The Port Authority of NY & NJ welcomes veteran and military spouse applications.

Only applicants under consideration will be contacted.

About The Port Authority

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than twenty three billion in annual wages and eighty billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.

Equal Opportunity Employer

The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.