Financial Analyst/Manager

Financial Analyst/Manager

Location: NYC NY

On-site/Remote/Hybrid: Hybrid

Duration: 12 Months

Interview Process: Webcam

No of submissions: 3

No of Positions: 1

Summary Of The Function/Role

The People Tower (Budget Planning & Administration group of New York City is seeking one (1) temporary contractor to serve as Project Manager/Financial Analyst that will support the Budget administration's team to align the HR People Budget Tower and ensure efficient resource allocation, cost management and financial integrity. The Budget administration group provides central financial oversight to manage HR-related contracts, purchase orders, vendors and payment of expenses to ensure proper compliance. The team partners with Clients DMB (Finance) on People Tower Financial Planning, new needs requests & budget reduction and accrual end of year processes. They serve as a primary liaison with all HR Deputy Chiefs on their respective budget allocations to ensure financial collaboration with internal policies & regulations. There is also an indirect partnership with the Procurement department for all financial management of HR-related vendor contracts for prompt payments & all correspondence for new or existing contracts. The Budget Administration department will serve as a center of excellence within the Client People Tower for the Client. It will serve as the primary liaison with all HR Deputy Chiefs on their respective budget allocations and will provide monthly reporting and will develop HR related RFP's and new contracts within the HR Deputy Chiefs' strategic priorities. This role is to provide critical Financial Analysis/Planning & Project Management support for the department.

Responsibilities

• Create new budget requisitions for the People Tower 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 BSC 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 account across People Tower.
• Oversees & supports all DCAS related accounts receivable and payables. Review and reconcile expense chargebacks to Client
• Manage the NYCT Employee Activity Fund Account
• Oversee & support the implementation and administration of HR's internal financial procedures to ensure quality control in accordance with Transit-wide policies and procedures.
• Credit Receipts: Assigns account information to receipts, advises the Controller's Office to deposit them and tracks the deposits.
• Employees Pass Coordination: Processes lost pass application for replacement and handles quarterly pass distribution.
• Work to remove & close all HR related People Tower 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 People Tower Non-Labor Budget to spend all plan funding in 2025
• Provide Deputy Chiefs monthly budget non-labor budget plan & expense reports to enable them assess their units' financial performance

Qualifications Experience & Education

Bachelor's degree in finance, Accounting and 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 client's 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 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, Power BI

Excellent oral, written and presentation communication skill 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.

Required Skills

• Minimum of 5 Years 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 & reporting
• Strong knowledge of client's financial requisition & procurement processes
• Bachelor's degree in finance, Accounting and or a related field.
• Strong analytical and problem-solving skills
• Experience in Peoplesoft Application FSCM -Financial Reporting

About Us: InterSources Inc

InterSources Inc is a Small, Woman, and Minority-Owned Business Enterprise, ISO/IEC 27001, SOC 2 Type 2 certified company with massive 18+ years of diversified experience in providing IT Consulting Services, Artificial Intelligence, Data Analysis, Application Development, Cloud Services, Cybersecurity, Digital Marketing, ERP Management, Custom Software Development, Web Development, UI/ UX Design, System Integration, QA Support etc. We make reasonable accommodations for clients and employees, and we do not discriminate based on any protected attribute including race, religion, color, national origin, gender sexual orientation, gender identity, age, or marital status. We also are a Google Cloud and Oracle partner company.