Senior Manager, Financial Analysis

This position is eligible for teleworking, which is currently one day per week. New hires are eligible to apply 30 days after their effective hire date. Opening The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities. Position Objective This position will work closely with the agency budgeting groups in the Office of Management & Budget to ensure that operating budgets adhere to consistent forecasting methodologies and meet corporate-wide. This effort includes the review and validation of comprehensive forecasts that incorporate current year expenditure trends, updates to various operating plans, assessments of capital project and management impacts on operating expenses, and other adjustments developed through ongoing cost review and analysis. An in-depth understanding of Agency operations is essential to perform the tasks of the position. The position tracks budgetary savings actions that are necessary to achieve financial plan balance and assists in the analysis of cash flow needs and the impact of financial policies set forth by management. This position also reviews the agency's monthly financial reports and financial plan submissions, and prepares MTA-consolidated materials. This position is responsible for coordinating and consolidating short-term and long-term financial planning of the MTA Agencies, including revenues, expenses, headcount/positions, and cash balance targets. Responsibilities Responsible for guiding the team to compile, validate, and transmit the required elements associated with specific MTA departments for three annual financial plan updates. Periodic review and work with MTA departments to review, analyze, and report monthly results compared to budgets/forecasts with variance explanations. Research and elevate significant budget/forecast variations and/or transaction outliers. Ensure that identified HQ costs are appropriately allocated to operating agencies. Work with the Controller’s Department to confirm allocation entries are correctly entered into the accounting system with expected results. Communicate with MTA departmental financial contacts regarding MTA financial targets and how they will be incorporated into financial plans. Participate in efforts to improve/automate departmental processes. Establish communications with agency Management & Budget peers to coordinate functional reporting and analysis. Work closely with other members of the Finance organization at all levels to incorporate actual results into forecast updates. Understand and be able to explain the differences between business unit and functional views of MTA departments/functions. Perform special projects / deep diving exercises that enhance MTA’s understanding of financial and operational trends, problems, or issues affecting the efficiency and effectiveness of MTA services. Select, develop, and motivate personnel within the department. Provide career development for subordinates when applicable. Provide prompt and effective coaching and counseling. Responsible for discipline/termination of employees when necessary. Review the performance of staff. Create a professional environment that respects individual differences and enables all employees to develop and contribute to their full potential. Act as an advisor and provide guidance in setting the MTA department goals and level of efficiency. Perform revenue, expense, and operating capital analysis and project tracking for MTA departments. Performs other duties as assigned Complies with all policies and standards May be required to work hours outside regular work hours, as applicable Observes the work performed by contractors, as applicable Reviews invoices and approves them if the work meets contractual standards, as applicable Addresses performance issues with the contractor when possible, as applicable Escalates issues to other parties when needed, as applicable Required Qualifications Required Knowledge/Skills/Abilities Knowledge of Oracle Hyperion budgeting system. Knowledge of budgeting and financial forecasting techniques. Knowledge of general accounting and financial reporting. Knowledge of Microsoft Office (Excel, Word, PowerPoint), including pivot tables. Effective business writing skills (ability to focus on audience information needs, be concise and direct in language) and effective verbal communication skills (ability to interface with all levels of management). Ability to ascertain critical operational and functional issues and prioritize analysis accordingly. Ability to seek out, sort, and compile data into useful information formats. Must be comfortable working as part of a group as well as independently, and must be able to perform the functions of this position without the need for direct hands‑on supervision from the immediate supervisor. Must be a self‑starter with initiative and the ability to resolve issues without constant supervision. Must have a flair for numerical data and the ability to interpret and present figures, with a willingness to learn and keep oneself updated with new Agency developments. Required Education and Experience Bachelor’s Degree in Arts/Sciences (BA/BS), preferably in finance, business, or accounting Minimum 7 years of financial analysis and/or budget development Minimum 3 years of supervisory experience managing a function and/or staff Other Information Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”). MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including those concerning veteran status and individuals with disabilities. The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply. #J-18808-Ljbffr