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Principal Financial Analyst

Job ID: 38908
Department: Rail Transit
Location: PATH


The PATH/Rail Transit Department is currently seeking a Principal Financial Analyst-Grant Manager to join our dynamic financial team to manage our Superstorm Sandy grant monies. (NoteThis is a regular, full-time position, not temporary as noted above.

As a result of Superstorm Sandy, PATH anticipates that a majority of the costs for the immediate response, permanent repairs and mitigation measures will be reimbursed by federal disaster recovery funds provided by the Federal Transit Administration (FTA). PATH will be required to follow all compliance regulations for the grant administration of these funds. The Principal Financial Analyst (Grant Manager) will be playing a significant role in the securing of these funds and will be responsible for administering the grants ensuring compliance with federal regulations such as project and expense eligibility, Title VI, Disadvantage Business Enterprise (DBE), and procurement procedures. 


The successful candidate will be responsible for administration, documentation, and reporting of the grant program for the Federal Funding PATH is receiving for damages from Superstorm Sandy and other potential sources. Responsibilities include:  administration and reporting on the progress of grant projects; tracking grant program expenditure to funded projects; preparation of reports; preparation of grant applications and amendments; reviewing federal guidelines and ensuring that, grant compliance program requirements are met; and preparing all required progress and financial reports to the FTA. Responsibilities also include the management of documentation to ensure compliance with FTA guidelines and procedures, process, and preparation of grant reimbursement packages in accordance with FTA guidelines. Additional responsibilities include, assisting PATH Financial Services with the budget process, financial analysis and other ad-hoc requests as needed.



Candidates must present the following qualifications to be considered eligible for this position:

  • A minimum of 3 years progressively responsible Financial Management experience.
  • Bachelor’s Degree preferably in Accounting, Business, Finance, Engineering or a related discipline from an accredited college or universityOr
  • In lieu of a degree an equivalent of 7 years of financial management work experience may be substitued.  


The ideal candidates will present the following profile

  • Demonstrated experience with financial analysis and knowledge of Federal and Local funding sources.
  • Demonstrated Project or Grant Management skills with respect to the monitoring of costs, schedule, and budget.
  • Demonstrated experience with Port Authority Financial, Accounting, Budgeting Capital Planning and Procurement policies.
  • Demonstrated experience with Capital invoicing review, payment, and management.
  • Demonstrated organizational skills with experience in recording and maintaining project or financial records to document milestones and expenditures.
  • Demonstrated research and problem-solving skills, with the ability to reach sound conclusions and make recommendations based on analytical thinking.
  • Demonstrated experience communicating and interacting effectively with internal and external staff at all levels, federal officials, or other internal and external stakeholders.
  • Proficiency with SAP, PeopleSoft, ICMS, TrAMS, Adobe Writer, and Microsoft Office Suite programs, including Excel, Word, PowerPoint and SharePoint.


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. The Port Authority of NY & NJ welcomes veteran and military spouse applications.

Only applicants under consideration will be contacted.

About The Port Authority

The Port Authority Trans Hudson Corporation (PATH), an FRA-regulated commuter railroad, is the primary transit link between Manhattan and New Jersey communities and suburban commuter railroads.  Carrying over 75 million passengers per year, PATH trains run 24 hours a day, seven days a week, one of the few 24-hour systems in the world. Since the early 20th Century, PATH and its predecessor, the Hudson & Manhattan Railroad, have carried passengers between New Jersey and points in Midtown and Lower Manhattan, serving as a key link in the region's transportation network and as a catalyst for continued residential, commercial and employment growth.

PATH operates 24 hours per day/7 days per week/365 days per year.  Employees are required to work weekends, holidays, atypical hours (evening and midnight shifts) and during inclement weather conditions. Incumbents may be subjected to mandatory overtime at the beginning or end of their scheduled tour, or on their days off.  A union seniority system dictates work schedules for jobs represented by one of PATH’s unions, and time off may not be immediately available during the usual summer and holiday periods.  Working conditions will be challenging, including but not limited to inclement weather, direct contact with the public, in tunnel and outside areas during active train service, and an industrial environment. Commitment to attendance is expected and required.


The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.

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