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Cash Analyst, Fiscal & Budget Studies

  1. OFFICE OF THE COMPTROLLER
Posted on: 10/10/2024
  1. Full-time

Location

MANHATTAN

  1. No exam required

Department

Fiscal & Budget Study

$70,000.00 – $90,000.00

Job Description

The New York City Comptroller’s Office works to promote the financial health, integrity, and effectiveness of New York City government, in order to strengthen trust, secure a thriving future for all New Yorkers, and build a more just, equitable, and resilient city. Led by an independently elected citywide official, the comptroller’s office provides checks and balances needed to hold City government accountable for budgeting wisely, investing responsibly, operating efficiently, acting fairly, living up to its obligations and promises, and paying attention to the long-term challenges we face together.

The Bureau of Budget evaluates New York City’s fiscal, cash, and economic position by analyzing revenue collections, expenditures, the capital program, and the condition of the local economy. The Bureau uses its charter-mandated responsibilities to promote transparency and accountability in financial reporting and budgeting. In addition to reviewing and commenting on the City’s Financial Plan and issuing reports on the City’s cash balances, the Bureau oversees an independent actuarial audit to review the assumptions underlying the City’s pension contributions. The Bureau also conducts regular assessments of the City’s economic outlook and revenue performance and strives to lead the dialogue on the City’s fiscal state through reliable and thought-provoking economic and budget research.

Reporting to the Director of Cash Analysis, the Cash Analyst will work on routine cash reports, adhoc inquiries as well as longer research assignments on a variety of cash topics. The position requires strong quantitative and analytic capability as well as the ability to distill results into clear findings. The duties and responsibilities of the position include, but are not limited to, the following:

- Assist in preparation of daily and monthly cash reports, while also developing background documentation and methodologies.
- Maintain excel files that track the City’s daily cash balance, reconcile across sources and research variances that occur between forecasted values and actuals;
- Assist in the development of databases and dashboards to improve ease of use and visualization.
- Contribute to the production of the Quarterly Cash Reports and cash flow projections;
- Develop and/or contribute to monthly economic newsletter and other ad-hoc research on topics pertaining to the City’s cash revenues and expenditures;
- Follow current events, policy, and legislative proposals and identify timely and salient issues for analysis and research.
- Work collaboratively with other members of the Budget Bureau, as well as other Bureaus within the office; and,
- Perform other related duties and responsibilities, as may be required.

QUALIFICATIONS / SKILLS REQUIREMENTS:

1. Master's degree in Economics, Accounting, Finance, Public Policy Analysis/Administration, or Urban Studies, or a closely related field and one (1) or more years of professional experience in data research and analysis, budgetary planning/management, financial analysis, public policy analysis, and/or administration in a government agency or non-profit, or a private entity; or,

2. Bachelor’s Degree and three (3) or more years of experience mentioned above in "1" above.

Note: Please submit a COVER LETTER as part of the application detailing your skills and qualifications for this position.


Minimum Qualifications

1. A baccalaureate degree from an accredited college; or
2. A four-year high school diploma or its educational equivalent and four years of full-time experience in budgetary planning, financial analysis, management or engineering.


Preferred Skills

- Strong data analysis and financial modeling skills - Knowledge of New York City’s economy and finances - Ability to work on multiple projects, and prioritize tasks to meet deadlines - Clear and effective written and verbal communication skills to explain technical topics for different stakeholders and audiences. - Demonstrated ability to work independently or as part of a team and - Openness to learning new data tools and new subject matters.
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 https://studentaid.gov/pslf/.
Residency Requirement

New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.
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.

Job ID

683100

Title code

06710

Civil service title

ASSISTANT BUDGET ANALYST (COMP

Title classification

Pending Classification-2

Business title

Cash Analyst, Fiscal & Budget Studies

Posted until

2025-01-02

  1. Experienced (non-manager)

Job level

00

Number of positions

1

Work location

1 Centre St., N.Y.

  1. Policy, Research & Analysis

Cash Analyst, Fiscal & Budget Studies

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