Financial Analyst

Requirements

• A baccalaureate degree from an accredited college or university, accredited by regional, national, professional or specialized agencies recognized as accrediting bodies by the U.S. Secretary of Education and by the Council for Higher Education Accreditation (CHEA), including or supplemented by 24 s

Additional Information

The New York City Housing Authority (NYCHA) is the nation's oldest and largest public housing authority with more than 177,000 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 leads the Authority's capital, sustainability and resiliency programs that comprise a $5 billion capital projects portfolio - one of the largest in NY State - as well as a range of activities related to property modernization and strategic asset management. A&CM aims to preserve and modernize NYCHA buildings and apartments through strategic portfolio planning, comprehensive design standards, innovative financing and project delivery models, strong partnership with NYCHA residents and other stakeholders, and effective program and project management of capital investments. The Division also positions NYCHA's housing portfolio for the future by piloting and scaling up sustainability and resiliency technologies and practices, improving residents' quality of life while enhancing building performance. Strategic Services comprises of five teams who provide key business services and drive operational excellence across A&CM. Core functions of Strategic Services include capital planning and financial administration; supporting business departments to apply best-practice project management and project controls frameworks; provide strategic vendor and contract management services; provide business intelligence and lead business operations services across A&CM. The A&CM Division's Strategic Services Department seeks a Financial Analyst. 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: 1. Develop financial and quantitative analysis reports in order to provide recommendations. 2. Perform quality assurance check of financial transaction packages to ensure accuracy and that all required documentation and approvals have been secured. 3. 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. 4. Review and process financial transaction requests within Capital Projects Division's (CPD) e- Builder platform and NYCHA's financial management system, Oracle. 5. Assist in the contract closeout process, including de-encumbrance of funds and assist in approvals of contracts/task orders/authorizations less than $50K. 6. 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. 7. 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: IF THIS APPOINTMENT IS MADE ON A PROVISIONAL/TEMPORARY BASIS PURSUANT TO §65 OF THE NYS CIVIL SERVICE LAW, NO TENURE OR PERMANENCE ACCRUES TO AN INCUMBENT IN THIS POSITION BY VIRTUE OF SUCH APPOINTMENT. 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, click on the link below: https://bit.ly/55aProgram Additional Information 1. Candidates with permanent civil service status in the titles of Associate Staff Analyst, Housing Development Specialist and Economist will also be considered. 2. NYCHA employees applying for transfer, 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). 3. NYCHA residents are encouraged to apply. 4. NYCHA provides benefits that include a choice of medical coverage plans, deferred compensation plans and a defined pension benefit plan as a member of the New York City Employees' Retirement System (NYCERS). Please read this posting carefully to make certain you meet the minimum qualification requirements before applying to this position.