Job ID: 39588
Department: Financial Planning
Location: 4 World Trade Center
The Office of Financial Planning (OFP) of the Port Authority of New York and New Jersey is currently seeking an experienced Assistant Director to oversee the financial structuring, due diligence and forecasting of transactions for the Aviation and Port departments. In this role the candidate will be responsible for providing recommendations to the Director of OFP and ultimately the CFO regarding feasibility, structure, impact of a transaction and its ultimate approval by the Board of Commissioners and final inclusion in the Integrated Financial Model (IFM). The IFM is the Port Authority's comprehensive ten-year financial forecast, which is used to determine the Port Authority's financial capital capacity available to undertake its ongoing capital investment agenda.
The Office of Financial Planning ensures that business transactions and investment decisions are thoroughly analyzed and structured, impacts of financial transactions and decisions are understood, and investments are prioritized such that the Port Authority’s sound financial position and credit quality is maintained and its capital is deployed to meet the critical transportation needs of the region. This includes:
Working closely with the line department is paramount to achieve the agency’s objectives in a manner that maximizes the financial return to the Port Authority in the short and long term and within in the context of the agency’s overarching goals and objectives. The Assistant Director, Aviation and Port Transactions will interact and partner with executive staff at the Line Departments, to provide guidance and for the Line Departments to achieve their objectives in a manner that are financially sound, consistent with financial policies and procedures that support the Port Authority overall mission and objectives.
The Assistant Director, Aviation and Port Transactions will be responsible for:
Financial Due Diligence:
Candidates must present the following qualifications to be considered eligible for this position:
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
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.