Job ID: 30328
Department: Financial Planning
Location: 4 World Trade Center
Under the direction of the Director and Deputy Director, the candidate will support the analytical and financial modeling efforts of the Office of Financial Planning (OFP). Responsibilities will include:
Review, reverse engineer, recast and/or restructure financial models submitted to OFP from external/third party and internal sources, ranging from basic cash flow models to sophisticated project finance models.Third party sources include banks, project developers, counter-parties on leasing transactions and other financial consultants servicing either the Port Authority or developers, banks or counter-parties to leasing transactions.
Create financial models reflecting leasing transactions, capital projects and developments (including large and complex projects/programs), construction financing and refinancing structures.This also includes creating shadow or duplicate models to evaluate and work alongside third party models submitted to OFP.
Translate sophisticated finance and accounting concepts into easily structured and modeled calculations.
Interact with line and staff departments for information transfer and feedback.
Prepare summary material, distilling the results of the analyses, for use in briefing senior and executive management, and the ability to communicate the results.
Use of financial modeling best practices, and experience developing sophisticated and dynamic financial models including large capital projects, public-private partnerships and leasing transactions.
Candidates must present the following qualifications to be considered eligible for this position:
Bachelor’s degree or better in Business, Finance, Accounting, Economics, Math or Engineering with a sound understanding of finance.
Three to five years of experience in an analyst or higher role in a banking, consulting or a public agency with a significant or sole focus on financial structures and modeling, with exposure to public finance, valuation, bonding, project finance, refinancing and leasing.
Strong understanding of basic accounting and a detailed understanding of finance, especially in the public sector or project development.
Ideal candidates will present the following profile:
Expert Excel modeling skills, including macro development, look-up tables, complex formulas, and pivot tables.
Compensation & Benefits
The Port Authority of New York and New Jersey offers a competitive salary, an outstanding benefits package and a professional environment that supports development and recognizes achievement.
How To Apply
Interested candidates should apply to this job by clicking on the Apply Now button and submitting a combined cover letter and resume.
Only applicants under consideration will be contacted.
About The Port Authority
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.
EQUAL OPPORTUNITY EMPLOYER
The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.