Description
Position at MTA Headquarters
JOB TITLE: Financial Analyst Levels I, II and III
SALARY RANGE: Financial Analyst Level I - $60,000 - $70,000
Financial Analyst Level II - $70,000 - $80,000
Financial Analyst Level III - $80,000 - $90,000
HAY POINTS: 323/372/451
DEPT/DIV: Management & Budget / Finance
SUPERVISOR: Senior Manager, Labor Analysis
LOCATION: 2 Broadway, New York NY 10004
HOURS OF WORK: 9:00 am - 5:30 pm (7 1/2 hours/day)
DEADLINE: Open Until Filled
This position is eligible for telework which is currently one day per week. New hires are eligible to apply 30 days after their effective date of hire.
SUMMARY:
This position is accountable for assisting in the development of policy recommendations concerning labor analysis, fringe benefits, overhead rates, and budget development. The incumbent will assist in the
development and analysis of financial plans and projections relating to fringe benefits, including health and welfare, pension, and other fringes. The incumbent will provide management with the analytical
framework and timely investigative information to make fiscally sound decisions by identifying controllable versus uncontrollable costs; as well as make recommendations for corrective action and or
improvements in booking and reporting fringe benefit expense.
RESPONSIBILITIES:
- Develop average rates of pay by title, wage increases by union during financial plan period, wage accruals for expired contract, miscellaneous base pay, attrition rates and hiring projections.
- Labor cost factors are the foundation for preparation of the $4.2 billion labor budget for 48,000+ employees.
- Prepare employee availability goals and associated budget impacts. Evaluate budget impact of changes in availability and evaluate availability results.
- Availability is the primary measurement of resource levels to perform service and maintenance goals.
- Develop health and welfare analytics, reflecting the variability of resource levels e.g., attrition & hiring projections.
- Health & Welfare costs are the largest component of fringe benefits, at $1.7 billion annually.
- Maintain tables that provide for the orderly categorization of employee hour and wage results.
- System reference file maintenance provide consistent application of categorizations.
- Identify, quantify, and explain significant financial risks and opportunities.
- Keep management informed of potential deviations from the financial plan.
- Other duties as assigned.
KNOWLEDGE, SKILLS, AND ABILITIES
Analyst – Level I
- Proficiency in and/or ability to learn analytical and/or quantitative skills.
- Demonstrated proficiency in or ability to learn Microsoft Excel and Access.
- Problem-solving skills with the ability to identify the appropriate analytical processes to address issues
- Knowledge of Multidimensional Database Management systems such as Hyperion Essbase or related system preferred.
- Proficiency in and/or ability to learn to work, communicate and interact with all internal levels within a given organization.
- Proficiency in and/or ability to learn organizational and presentation skills.
Analyst – Level II
- Must possess analytical and/or quantitative skills.
- Demonstrated proficiency in Microsoft Excel and Access. 7
- Problem-solving skills with the ability to identify the appropriate analytical processes to address issues and arrive at supportable recommendations.
- Knowledge of Multidimensional Database Management systems such as Hyperion Essbase or related system.
- Must possess ability to work, communicate and interact with all internal levels within a given organization.
- Must have demonstrated ability to learn organizational and presentation skills.
Analyst – Level III
- Must possess analytical and/or quantitative skills.
- Demonstrated proficiency in Microsoft Excel and Access.
- Problem-solving skills with the ability to identify the appropriate analytical processes to address issues and arrive at supportable recommendations.
- Knowledge of Multidimensional Database Management systems such as Hyperion Essbase or related system.
- Must possess ability to work, communicate and interact with all internal levels within a given organization. Must have demonstrated ability to learn organizational and presentation skills.
EDUCATION AND EXPERIENCE:
Analyst – Level I
REQUIRED:
- Bachelor’s degree in business, Transportation, Public Policy or a related field or an
equivalent combination of education and experience from an accredited college may
be considered in lieu of a degree.
PREFERRED
- Knowledge of Multidimensional Database Management systems such as Hyperion Essbase.
- Master’s degree in a related field.
- Experience in business analysis, budgeting, or business process reengineering is preferred.
- Familiarity with Hyperion Planning and Generally Accepted Accounting Principles is preferred.
Analyst – Level II
REQUIRED:
- Bachelor’s degree in Business, Transportation, Public Policy or a related field or an equivalent combination of education and experience from an accredited college may be considered in lieu of a degree.
- Minimum 2 years related experience.
PREFERRED
- Knowledge of Multidimensional Database Management systems such as Hyperion Essbase.
- Master’s degree in a related field.
- Experience in business analysis, budgeting, or business process reengineering is preferred.
- Familiarity with Hyperion Planning and Generally Accepted Accounting Principles is preferred.
Analyst – Level III
REQUIRED:
- Bachelor’s degree in business, Transportation, Public Policy or a related field or an equivalent combination of education and experience from an accredited college may be considered in lieu of a degree.
- Minimum 4 years related experience.
PREFERRED
- Knowledge of Multidimensional Database Management systems such as Hyperion Essbase.
- Master’s degree in a related field.
- Experience in business analysis, budgeting, or business process reengineering is preferred.
- Familiarity with Hyperion Planning and Generally Accepted Accounting Principles is 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.
Read Full Description