Financial Analyst

Financial Analyst

The New York City Housing Authority (NYCHA) is the nation's oldest and largest public housing authority with more than 177,000 apartments, and responsibility for administering a citywide Section 8 leased housing program that serves over 200,000 additional tenants. NYCHA's mission is to provide quality housing for New Yorkers that is sustainable, inclusive, and safe, while fostering opportunities for economic mobility. NYCHA's Asset & Capital Management (A&CM) Division leads the Authority's capital, sustainability and resiliency programs that comprise a $5 billion capital projects portfolio - one of the largest in NY State - as well as a range of activities related to property modernization and strategic asset management. A&CM aims to preserve and modernize NYCHA buildings and apartments through strategic portfolio planning, comprehensive design standards, innovative financing and project delivery models, strong partnership with NYCHA residents and other stakeholders, and effective program and project management of capital investments. The Division also positions NYCHA's housing portfolio for the future by piloting and scaling up sustainability and resiliency technologies and practices, improving residents' quality of life while enhancing building performance. Strategic Services comprises of five teams who provide key business services and drive operational excellence across A&CM. Core functions of Strategic Services include capital planning and financial administration; supporting business departments to apply best-practice project management and project controls frameworks; provide strategic vendor and contract management services; provide business intelligence and lead business operations services across A&CM. The A&CM Division's Strategic Services Department seeks a Financial Analyst. Reporting to the Financial Planning Manager within the Capital Planning Department, with latitude for independent initiative and judgement, the Financial Analyst will perform the following duties: 1. Develop financial and quantitative analysis reports in order to provide recommendations. 2. Perform quality assurance check of financial transaction packages to ensure accuracy and that all required documentation and approvals have been secured. 3. Assist in the budget modification process of federal, city and state capital funds, including verification of funding availability in NYCHA's financial management system, Oracle and prepare budget revision forms for submission to NYCHA's Finance Department. 4. Review and process financial transaction requests within Capital Projects Division's (CPD) e- Builder platform and NYCHA's financial management system, Oracle. 5. Assist in the contract closeout process, including de-encumbrance of funds and assist in approvals of contracts/task orders/authorizations less than $50K. 6. Assist in the development of the Capital Federal Plan including creation of new projects in e- Builder and liaise with NYCHA's Finance Department to enter proposed plan into Forecast Budget and Oracle Grant Module. 7. Process financial transactions, on behalf of CPD in support of capital improvement projects across NYCHA's housing portfolio. Transactions include, but are not limited to: request new contract numbers, contract registration, task order registration, authorizations, contract extensions and revisions.

Minimum Qualifications

1. A baccalaureate degree from an accredited college or university, accredited by regional, national, professional or specialized agencies recognized as accrediting bodies by the U.S. Secretary of Education and by the Council for Higher Education Accreditation (CHEA), including or supplemented by 24 semester credits in accounting, including one course each in advanced accounting and auditing; or 2. A valid New York State Certified Public Accountant license. To be eligible for placement in Assignment Level II individuals must have, in addition to meeting the minimum requirements, at least one year of experience as an Accountant - Assignment Level I or at least two years of satisfactory full-time professional accounting or auditing experience.

Preferred Skills

1. Three to five years of full-time satisfactory experience in financial planning and/or budgeting processes. 2. Proficient in Microsoft Office systems and experience with Oracle and/or FMS financial applications. 3. Excellent written, verbal communication and interpersonal skills. 4. Discipline to work independently and in dynamic team-oriented environments to meet deadlines.

55a Program

This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate at the top of your resume and cover letter that you would like to be considered for the position through the 55-a Program.

Public Service Loan Forgiveness

As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education's website at

Residency Requirement

NYCHA has no residency requirements.

Additional Information

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.