The Management and Budget Department (“MBD”),
1) coordinates the development and consolidation of the agency’s annual Budget to ensure sound fiscal stewardship of the agency’s resources (the agency’s 2023 Budget totals $8.3 billion); 2) leads monthly financial performance and analyses to ensure appropriate use of the agency’s resources; 3) analyzes and reviews resource requests to ensure the highest and best use of agency resources; and, 4) manages and operates the agency’s enterprise Budgeting system Budget Pro, including the associated Smart View Excel-based add-on.
What You’ll Be Doing...The Supervising Financial Analyst is a key member of the MBD leadership team who is responsible for overseeing and analyzing the resources—both fiscal and physical—of the agency’s Tunnel, Bridges, & Terminals (“TB&T”), PATH, and Major Capital Program Departments. The Supervising Financial Analyst reports to MBD’s General Manager of Corporate Budgeting & Reporting and directly supervises a team of approximately two Budget Analysts while working in close coordination and collaboration with the entire MBD team, the finance suite, and the finance teams located within the TB&T, PATH, and Major Capital Program Departments.
Specific responsibilities include, but are not limited to:
- Coordinating the review and analysis of the respective Departments activity, revenue, and expense Budget submissions to ensure that Budgets conform to agency guidance, corporate goals and objectives, and are fiscally responsible. This includes identifying Budget issues and challenges, developing appropriate analyses and recommendations, and collaborating with the Departments to problem solve and ultimately resolve issues.
- Evaluating and presenting financial performance results (particularly operating expenses, gross operating revenues, and total workload hours, inclusive of overtime) and other analyses (staffing assessments, productivity improvements, and capital project review of operating impacts) to senior and executive staff, including highlighting and communicating significant variances from plan, and recommending strategies to address areas where management action may be necessary.
- Leading a team of analysts in the review and presentation of agency authorization documents, including Board Items and Memorandums of Justifications and Authorizations, and other resource requests to ensure the highest and best use of agency resources and ensure consistency with the approved Budget.
- Identifying challenges and opportunities in reporting, budgeting, and more broadly routines and processes to propose solutions and ultimately lead implementation of improvements as part of MBD’s “continuous improvement mindset”, which will require collaborating with others across the agency and gaining buy-in to successfully implement the improvement.
- Supervising, developing, and guiding staff in performing daily responsibilities to ensure that all deliverables are completed timely and accurately while fostering an engaging and inclusive workplace.
- A Bachelor’s degree from an accredited college or university in Finance, Accounting, Industrial Engineering, or a related field OR 10 years of finance, accounting, budgeting, or similar analytical experience with progressively more complex assignments;
- At least three years of experience in performing complex financial analysis, budgeting, and/or operational analyses;
- A minimum of three years of project management or supervisory experience.
- A Master’s Degree from an accredited college or university in Finance, Accounting, Public Administration, Industrial Engineering, or related field;
- Excellent writing and data analytical skills, with a particular focus on details;
- Strong analytical experience including:
- As a lead analyst proficient in performing financial analyses, including what-if scenarios, and cost benefit analyses;
- Strong strategic skills with a proven ability to identify and assess key points, implications, and make recommendations based on analytical reviews of business cases;
- Continuous improvement initiatives, root cause analysis, and project management.
- Experience with the Port Authority’s financial, operating and capital Budgeting and accounting and reporting structure, or similar processes at a similar sized organization;
- Experience with the Port Authority’s corporate financial systems, such as SAP, PeopleSoft, BudgetPRO, and ICMS/Cognos, in addition to proficiency with desktop applications such as Word, Excel, PowerPoint, and the broader Office 365 suite.
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. The Port Authority of NY & NJ welcomes veteran and military spouse applications.
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.