Financial Analyst

Financial Analyst – Budget Planning & Administration Location - New York City Metropolitan Area Overview The Budget Planning & Administration group is seeking one (1) temporary contractor to serve as a Project Manager / Financial Analyst supporting the Budget Administration team. This role will help align Human Resources budget initiatives and ensure efficient resource allocation, cost management, and financial integrity. The Budget Administration group provides central financial oversight for contracts, purchase orders, vendors, and expense payments to ensure compliance and proper financial management. The team partners closely with Finance on financial planning, budget requests, budget reduction initiatives, and year-end accrual processes. This role serves as a key liaison with senior leadership regarding budget allocations and financial reporting while supporting procurement-related financial activities, vendor contracts, and payment processes. This position provides critical Financial Analysis, Planning, and Project Management support for the department. Critical Requirements Minimum of 5 years of experience in Finance & Budget Planning oversight activities Demonstrated experience in Budget Planning & Oversight activities, and managing a full budget plan Strong knowledge of PeopleSoft FSCM (Financial Oversight) capabilities and reporting Strong knowledge of financial requisition and procurement processes Bachelor's degree in Finance, Accounting, or a related field Strong analytical and problem-solving skills Experience with PeopleSoft FSCM Financial Reporting RESPONSIBILITIES Create new budget requisitions for the HR Department Reconcile and receive all vendor invoices for payment and provide forecasting and financial planning analysis Responsible for supporting finance and administrative matters, such as working with accounts payable for processing all vendor invoices, creating and managing all requisitions, managing budgets, funding, new needs requests, cost control, and accounting Perform clean-up exercises to improve the assignment of general ledger codes for non-labor expenditures, across People responsibility centers (example: remove duplication of office supplies, travel, outside training category expenses & accounts across various R/C’s, consolidate budget accounts across HR) Oversees & supports all related accounts receivable and payables. Review and reconcile expense chargebacks Manage the Employee Activity Fund Account Oversee & support the implementation and administration of HR's internal financial procedures to ensure quality control in accordance with policies and procedures. 2) Credit Receipts: Assigns account information to receipts, advises the Controller’s Office to deposit them, and tracks the deposits. 3) Employees Pass Coordination: Processes lost pass applications for replacement and handles quarterly pass distribution. Work to remove & close all HR related Purchase Orders that are Non-Value Added to the business Distribute Monthly KPI Reporting to all Deputy Chiefs & Chief People Officer on their yearly budget allocation & planning Balance & reconcile the Non-Labor Budget to spend all plan funding in 2025 Provide Deputy Chiefs with a monthly budget, non-labor budget plan & expense reports to enable them to assess their units' financial performance Qualifications Bachelor’s degree in finance, accounting, or a related field. Demonstrated experience in Budget planning & Oversight activities, and managing a full budget plan Strong knowledge of PeopleSoft FSCM (Financial Oversight) capabilities & reporting Strong knowledge of Transit Authority financial requisition & procurement processes Excellent analytical skills with the ability to dissect large amounts of data. Strong communication skills and the ability to effectively convey complex information. Experience in the public sector industry Working with extensive knowledge of budget management and financial reporting. Good communication skills to translate business requirements into Dashboards and Reporting Proficient in MS Office applications such as Word, Excel, Visio, PowerPoint, Project, and Power BI Excellent oral, written, and presentation communication skills in relating technical information to non-technical personnel. Strong analytical and problem-solving skills Ability to effectively prioritize and execute in a high-pressure environment. An ability to independently set priorities and meet deadlines in a fast-paced environment, a self-starter. Excellent interpersonal skills, including the ability to work with individuals at all levels of the organization. #J-18808-Ljbffr