Senior Manager, Consolidated Reporting

Metropolitan Transportation Authority (MTA); New York (NY); Hybrid; USD 121,000 - 128,000; Full time

Job summary

The Metropolitan Transportation Authority in New York invites applications for the Senior Manager, Financial Performance Management. You will lead the development and maintenance of the MTA's financial plan, ensuring timely, cohesive information to guide executive decisions and optimize constrained resources.

You will oversee the Hyperion budgeting system, coordinate with Finance, Treasury, and Comptroller, and deliver accurate reports, variance analyses, and data-driven insights for leadership,

Qualifications

• Bachelor's degree in finance, business, or related field.
• Minimum 7 years of progressive financial experience.
• At least 3 years of supervisory experience.

Responsibilities

• Oversee Hyperion budgeting process and data consolidation.
• Coordinate annual, quarterly, and monthly financial plans and reporting.
• Lead analysis of actual results vs budget and present insights to senior leadership.
• Manage cash flow analyses and projections.
• Prepare data for Open Data reporting and city/institutional reporting.

Skills

Hyperion Planning

Budgeting & Forecasting

Financial Analysis

Supervisory Experience

Stakeholder Communication

Microsoft Office

Knowledge of NYS Financial Processes

Education

Bachelor's Degree in Finance/Business Administration

Master's degree preferred

7+ years of financial experience

Tools

Hyperion Planning

Microsoft Excel

Job description

9 :00 am - 5 :30 pm (7.5 hours/day, or as required)

FULL/PART-TIME

FULL

SALARY RANGE:

$121,295 - $128,424

DEADLINE:

Please note that this position is only open to MTA employees.

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.

Opening:

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities.

Job Summary :

Working under the guidance of the Director of Financial Performance Management, this position assists in the development of the MTA financial plan to ensure leadership has cohesive, coordinated, and accurate financial information in a timely manner to drive strategic decisions that enable the MTA to achieve its mission within existing financial constraints.

The Senior Manager maintains and supports the Hyperion budgeting system, which is critical for developing MTA financial plans and reporting actual results and variance analyses to executive leadership. This position also coordinates with the Finance, Treasury, and Comptroller functions to ensure the adequate flow of funds and the continued accuracy between the sources and uses of funds.

Responsibilities:

• MTA Financial Plans (4/year)
  • Oversee the development of Hyperion instructions.
  • Lead and coordinate agency data collection, managing the preparation of consolidated revenue, expense, subsidy, and financial plan schedules.
  • Conduct high - level quality reviews and ensure accuracy and reconciliation of consolidated results with agency submissions.
• Monthly Financial Performance Reports for the MTA Finance Committee (12/year)
  • Oversee preparation of the Statement of Operations and ensure timely, accurate reporting.
  • Provide leadership in coordinating, reviewing, and validating agency financial submissions and resolving complex issues.
• Annual Review of Actual Results vs. Budget Plan (1/year)
  • Lead the analysis of actual financial performance vs. Budget Plan, identifying key variances and presenting insights to senior leadership.
• Cash Flow Analysis and Forecasting (12/year)
  • Oversee monthly cash flow analyses and projections, ensuring accuracy of future cash needs and funding requirements.
• Open Data Reporting (12-15/year)
  • Direct the preparation and delivery of financial data for MTA Open Data requirements, ensuring compliance and data integrity.
• City Operating Support Reports (2/year)
  • Oversee preparation of annual financial reports used to invoice the City of New York for operating support provided to MTA Bus and Staten Island Railway.
  • Ensure accuracy, compliance, and alignment with statutory requirements.
• Continuing Disclosure Reporting
  • Lead development of annual and periodic financial updates for continuing disclosure obligations related to bond offerings.
• Savings and Efficiency Program (4/year)
  • Oversee the development and implementation of enhanced tracking for savings initiatives.
  • Monitor agency progress toward annual savings targets and provide regular, strategic reporting.
• Regional Transportation Plan (3/year)
  • Direct updates to 25 - year financial projections following each Financial Plan cycle and provide financial insights to support long - term regional transportation planning.

Required Knowledge/Skills/Abilities:

• Experience in Hyperion Planning
• Experience in budgeting, revenue and cost analysis, reporting writing, financial planning
• Knowledge of MTA organization, including the financial structure of MTA constituent agencies.
• This position requires the ability to effectively interact with all staff levels, especially senior management. It requires strong human relations and verbal and written communication skills, which are critical to maintain an effective liaison with all levels of management.
• The position requires demonstrated creativity, initiative, and persistence regarding problem-solving related to budgeting systems.
• Working knowledge of Microsoft Office (Excel, Word, Outlook)
• Knowledge of State and local financial and political processes.

Required Education and Experience:

• Bachelor’s Degree in Arts/Sciences (BA/BS) preferably in finance, business, or business administration. An equivalent combination of education and experience may be considered in lieu of a degree.
• Minimum 7 years of progressive financial (preferably economics/public policy and budgeting) experience with major government or corporate entities is required.
• Minimum 3 years of supervisory or leadership experience.

The Following is/are preferred:

• Master’s degree in Arts/Sciences (MA/MS) in a related field. A master's degree can substitute for two years of experience.

Other Information

May need to work outside of normal work hours (i.e., evenings and weekends)

Travel may be required to other MTA locations or other external sites.

According 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”).

MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including those concerning veteran status and individuals with disabilities.

The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.