Financial Analyst

Job Description The New York City Housing Authority (NYCHA) is the nation's oldest and largest public housing authority with more than 176,000 apartments, and responsibility for administering a citywide Section 8 leased housing program that serves over 200,000 additional tenants. NYCHA's mission is to provide quality housing for New Yorkers that is sustainable, inclusive, and safe, while fostering opportunities for economic mobility. NYCHA's Asset & Capital Management (A&CM) Division integrates and aligns the Authority's existing development, modernization, and asset management work being carried out by the Capital Projects and Comprehensive Modernization departments. This includes a $4.5 billion capital program - one of the largest in NY State. The A&CM Division will bring comprehensive repairs to NYCHA buildings and apartments through innovative financing models, strong partnership with residents and other stakeholders, strategic, data-driven portfolio planning, and cost-effective project delivery and management. The Division will also position NYCHA's housing portfolio for the future by incorporating innovative building materials, construction methods, and technology, improving residents' quality of life while enhancing building performance and management systems. The division has recently defined a strategic change program to strengthen capabilities and performance in these and other areas. Reporting to the Financial Planning Manager within the Capital Planning Department, with latitude for independent initiative and judgement, the Financial Analyst will perform the following duties: Develop financial and quantitative analysis reports in order to provide recommendations. Perform quality assurance check of financial transaction packages to ensure accuracy and that all required documentation and approvals have been secured. Assist in the budget modification process of federal, city and state capital funds, including verification of funding availability in NYCHA's financial management system, Oracle and prepare budget revision forms for submission to NYCHA's Finance Department. Review and process financial transaction requests within Capital Projects Division's (CPD) e-Builder platform and NYCHA's financial management system, Oracle. Assist in the contract closeout process, including de-encumbrance of funds and assist in approvals of contracts/task orders/authorizations less than $50K. Assist in the development of the Capital Federal Plan including creation of new projects in e-Builder and liaise with NYCHA's Finance Department to enter proposed plan into Forecast Budget and Oracle Grant Module. Process financial transactions, on behalf of CPD in support of capital improvement projects across NYCHA's housing portfolio. Transactions include but are not limited to: request new contract numbers, contract registration, task order registration, authorizations, contract extensions and revisions. NOTE: Due to the existence of a civil service list, candidates must have permanent civil service status in the title of Economist to be considered. NOTE: This position is open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate in your cover letter that you would like to be considered for the position under the 55-a Program. For detailed information regarding the 55-a Program, please visit the link below: Additional Information INTERAGENCY TRANSFERS INTO NYCHA OF THOSE PERMANENT IN TITLE ARE NOT PERMITTED IN THE FACE OF AN ACTIVE AND VIABLE NYCHA PROMOTION LIST OR PREFERRED LIST FOR THE SAME TITLE. Candidates with permanent civil service status in the titles of Associate Staff Analyst and Accountant will also be considered. NYCHA employees applying for promotional, title or level change opportunities must have served a period of one year at current location and in current title and level (if applicable). NYCHA residents are encouraged to apply. Please read this posting carefully to make certain you meet the minimum qualification requirements before applying to this position. Qualifications A master's degree from an accredited college or university in economics, statistics, finance, management, business administration, public administration, public policy or related field; or A baccalaureate degree from an accredited college or university, including or supplemented by 24 semester credits in one or more of the course areas of economics, statistics, finance, management, mathematics, business administration, public administration, and public policy, 12 semester credits of which must have been in economics; and one year of satisfactory full-time experience in one or more of the fields of finance; economic, fiscal or statistical research; policy analysis; or quantitative, business, market or financial analysis. Graduate semester credits in any of the areas described in '1' above may be substituted for the undergraduate semester credits on the basis that each 3 graduate semester credits may be substituted for 6 of the required undergraduate semester credits. Special Note To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one additional year of full-time experience listed in '2' above. Special Note To be eligible for placement in Assignment Level III individuals must have, in addition to meeting the minimum requirements, at least two additional years of full-time experience listed in '2' above. 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.

Created: 2024-11-02