Director of Financial Management

New York City Department of Transportation; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Director of Financial Management to oversee significant capital and expense budgets. This role requires a strategic thinker with extensive experience in finance and procurement, leading a dedicated team to ensure smooth fiscal operations. The ideal candidate will possess strong problem-solving skills and a deep understanding of financial systems and procurement processes. Join a dynamic organization committed to excellence and make a meaningful impact on the financial management of city projects. This is a unique opportunity to contribute to the efficiency and effectiveness of public resources in New York City.

Qualifications

• Master's degree with 2 years of experience, including 18 months in a managerial role.
• Bachelor's degree with 4 years of experience, including 18 months in a managerial capacity.

Responsibilities

• Oversee $82M expense budget and $550M capital budget.
• Manage procurement processes and lead procurement staff.
• Provide monthly reports on budget status and procurement activities.

Skills

Finance Management

Procurement

Contract Payments

Problem Solving

Analytical Skills

Organizational Skills

Communication Skills

Education

Master's Degree in Relevant Fields

Bachelor's Degree with Relevant Experience

Tools

City of New York's Financial Management System (FMS)

Microsoft Excel

Job description

NYC DOT - Director of Financial Management

NYC DOT seeks to hire a Director of Financial Management to join the Facilities Management Unit. The role involves overseeing the capital and expense budgets, procurement functions, and fiscal operations. The ideal candidate will have extensive experience in finance, procurement, and contract payments, along with managerial experience. The Director will lead a team of five and must be an independent thinker with strong problem-solving skills, initiative, and knowledge of the City of New York's Financial Management System (FMS), Passport, Microsoft Excel, and related software.

Reporting to the Executive Director of Finance and Administration, the responsibilities include:

1. High-level oversight of the $82M expense budget and $550M capital budget.
2. Preparation of Expense and Capital budget proposals, including savings and cost reduction initiatives.
3. Ensuring timely processing of Certificate to Proceed (CP) packages and overseeing commitment plan changes.
4. Managing the procurement process, from micro purchases to large contracts, ensuring registration with the NYC Comptroller.
5. Leading procurement staff in preparing and submitting contract packages, including bids, task orders, and RFPs.
6. Tracking and prioritizing procurement requests and payments.
7. Communicating with executive staff on procurement, fiscal, and budget matters, both verbally and in writing.
8. Providing monthly reports on budget status, payments, and procurement activities.
9. Overseeing all fiscal and procurement operations for stakeholders.
10. Performing additional duties as assigned.

    Note: Candidates must currently hold or be reachable for the title of Administrative Staff Analyst (Exam #9058).

    Minimum Qualifications

    • A master's degree in relevant fields with at least two years of professional experience, including 18 months in a managerial or supervisory role, or
    • A bachelor's degree with four years of relevant professional experience, including 18 months in a managerial or supervisory capacity.

    Preferred Skills

    • Quantitative and analytical skills
    • Knowledge of FMS and Microsoft Excel
    • Strong organizational and communication skills
    • Familiarity with NYC budget, fiscal, and procurement practices

    This position is open to qualified persons with disabilities under the 55-a Program. Indicate your interest at the top of your resume and cover letter.

    Employees may be eligible for federal loan forgiveness programs; more information is available at https://studentaid.gov/pslf/.

    Residency within NYC is generally required within 90 days of appointment, with exceptions based on employment duration.

    The City of New York is an equal opportunity employer committed to diversity and inclusion, prohibiting discrimination and harassment based on legally protected characteristics.