Budget Analyst

New York City Department of Transportation; New York (NY); On-site; USD 70,000 - 105,000; Full time

Job summary

New York City Department of Transportation seeks a Budget Analyst within the Division of Budget and Capital Program Management's Expense Budget Unit to help manage the agency's substantial operating and revenue budgets.

You will coordinate priorities, analyze financial plans, and develop recommendations for senior management while collaborating with Budget Office colleagues and operational divisions in a fast-paced environment.

Qualifications

• Bachelor's degree and two years of experience in community work or community-centered activities related to the duties described above; or
• High school graduation or equivalent and six years of experience in community work or community-centered activities related to the duties described above; or
• Education and/or experience equivalent to the above, with at least one year of experience as described in the first item.

Responsibilities

• Manage a portfolio/division of DOT's budget and assist in monitoring agency spending and procurements.
• Review and update program budgets for assigned divisions; perform technical budget exercises related to fiscal year-end close.
• Analyze the agency's revenue generating operations and prepare projections of anticipated revenues for discussion with the City's Office of Management and Budget (OMB).
• Develop and evaluate Financial Plan proposals designed to balance the budget by reducing costs or increasing revenue.
• Monitor and analyze the agency's Personal Services (PS) budget; review proposed personnel actions for compliance with available headcount and funding.
• Prepare and process budget modifications; prepare and submit the agency PS spending plan, process and clear PS accruals, and prepare and distribute biweekly, monthly, and ad hoc reports for use by agency divisions.
• Collaborate with Budget Office colleagues and operational division partners to create analyses and formulate recommendations for senior management.

Education

Bachelor's degree

High school diploma

Education and/or experience equivalent

Job description

Overview

DOT is hiring a Budget Analyst in the Division of Budget and Capital Program Management's Expense Budget Unit. The unit manages the agency's $1.5 billion annual operating budget and the agency's annual revenue budget of about $500 million. We are looking for self-starters who can coordinate multiple priorities in a fast-paced environment with minimal supervision and under tight deadlines. The Budget Analyst will work with Budget Office colleagues and operational division partners to create analyses and formulate recommendations for senior management.

Responsibilities

• Manage a portfolio/division of DOT's budget and assist in monitoring agency spending and procurements.
• Review and update program budgets for assigned divisions; perform technical budget exercises related to fiscal year-end close.
• Analyze the agency\'s revenue generating operations and prepare projections of anticipated revenues for discussion with the City\'s Office of Management and Budget (OMB).
• Develop and evaluate Financial Plan proposals designed to balance the budget by reducing costs or increasing revenue.
• Monitor and analyze the agency\'s Personal Services (PS) budget; review proposed personnel actions for compliance with available headcount and funding.
• Prepare and process budget modifications; prepare and submit the agency PS spending plan, process and clear PS accruals, and prepare and distribute biweekly, monthly, and ad hoc reports for use by agency divisions.
• Collaborate with Budget Office colleagues and operational division partners to create analyses and formulate recommendations for senior management.

Qualifications

• A baccalaureate degree from an accredited college and two years of experience in community work or community-centered activities related to the duties described above; or
• High school graduation or equivalent and six years of experience in community work or community-centered activities related to the duties described above; or
• Education and/or experience equivalent to the above, with at least one year of experience as described in the first item.

Additional Information

• 55-a Program: This position is open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.
• Residency Requirement: New York City residency is generally required within 90 days of appointment. City Employees in certain titles who have worked for the City for 2 continuous years may be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. Discuss with the agency representative at the time of interview to determine applicability.
• 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 free from discrimination and harassment based on legally protected status or protected characteristics, including sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.