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Financial Analyst

Financial Analyst

  1. DEPT OF YOUTH & COMM DEV SRVS
Posted on: 06/18/2024
  1. Full-time

Location

NYC-ALL BOROS

  1. Exam may be required

Department

Financial Management

$77,158.00 – $114,887.00

Job Description

**ONLY CANDIDATES WHO ARE PERMANENT ASSOCIATE STAFF ANALYST OR ELIGIBLE FOR APPOINTMENT FROM THE OPEN COMPETITIVE LIST WILL BE CONSIDERED FOR THIS POSITION. **

The New York City Department of Youth and Community Development (DYCD) invests in a network of
community-based organizations and programs to alleviate the effects of poverty and to provide
opportunities for New Yorkers and communities to flourish. The New York City Department of Youth
and Community Development (DYCD) supports youth and community services through contracts with
a broad network of community-based organizations throughout New York City. Our central task is
administering available city, state, and federal funds to a wide range of innovative, practical, and
quality programs that positively impact youth and communities.
DYCD is seeking to hire a Budget Analyst in the Financial Management Division.
Under the supervision of the Deputy Director, the Analyst should possess excellent analytical, critical
thinking skills, be highly motivated and a results-oriented individual.
To effectively support and manage their assigned portfolios, the analyst will perform duties that
include, but are not limited to:
1. Prepare and maintain the portfolio’s spending plan. This includes preparation for all budget
modifications and Financial Plan changes as well as the preparation of expenditure reports.
2. Provide programmatic staff with oversight and technical assistance with funding and budgeting.
3. Review and track programmatic and administrative spending; maintain tracking and reconciliation of
direct service contracts status and budget. This requires coordinating with DYCD’s IT, Accounts
Payable and ACCO departments to review and secure contracts, task orders etc. Also act as budget
support specialist within the department, liaison with the Office of Management and Budget, and
Comptroller’s Office.
4. Prepare and present analytical reports on the portfolio budgetary issues. This can include fielding
and/or responding to internal and external inquiries of related programs; briefing sheets for upper
management to present at City Council hearings and other high-level meetings with oversight
agencies. Review performance in these areas and develop, monitor and review cost reduction
programs.
5. Monitor the portfolio operations and estimate budget expenditures. Prepare and develop analyses to
contribute to the agency wide surplus needs analysis.
6. Analyze variances and discrepancies and report findings to upper-level management along with
recommended changes


Minimum Qualifications

1. A master’s 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 the Council for Higher Education Accreditation (CHEA) in economics, finance, accounting, business or public administration, human resources management, management science, operations research, organizational behavior, industrial psychology, statistics, personnel administration, labor relations, psychology, sociology, human resources development, political science, urban studies or a closely related field, and one year of satisfactory full-time professional experience in one or a combination of the following: working with the budget of a large public or private concern in budget administration, accounting, economic or financial administration, or fiscal or economic research; or in management or methods analysis, operations research, organizational research or program evaluation; or in personnel or public administration, recruitment, position classification, personnel relations, labor relations, employee
benefits, staff development, employment program planning/administration, labor market research, economic planning, social services program planning/evaluation, or fiscal management; or in a related area; or
2. 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 the Council for Higher Education Accreditation (CHEA) and three years of satisfactory full-time professional experience in the areas described in “1" above.


Preferred Skills

- Preferred candidate will have a degree in finance, accounting or a related field. - Candidate should have related budget/financial experience, including a working knowledge of city budget. - Intermediate Proficiency in Excel is required (SUMIF, SUMIFS, IF, VLOOKUP, XLOOKUP, PIVOT TABLES etc.) - Experience reviewing and reconciling complex financial data from multiple sources will be required to succeed in this position. - Experience with NYC’s Financial Management System, PASSPort, and HHSA is preferred. - Strong analytical skills will also be considered a preferred asset.
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 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

638537

Title code

12627

Civil service title

ASSOCIATE STAFF ANALYST

Title classification

Competitive-1

Business title

Financial Analyst

  1. Experienced (non-manager)

Job level

00

Number of positions

3

Work location

123 William Street, NY, NY

  1. Finance, Accounting, & Procurement
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