Financial Analyst - Risk

Description

This position is eligible for teleworking, which is currently one day per week. New hires are eligible to apply 30 days after their effective hire date.    

Opening:

The Metropolitan Transportation Authority is North America's largest transportation network, serving a population of 15.3 million people across a 5,000-square-mile travel area surrounding New York City, Long Island, southeastern New York State, and Connecticut. The MTA network comprises the nation’s largest bus fleet and more subway and commuter rail cars than all other U.S. transit systems combined. MTA strives to provide a safe and reliable commute, excellent customer service, and rewarding opportunities.

Position Objective:

This position will support and assist the Manager, Budget and Administration in all phases of the department's budget, as well as the budget and financial accounting for First Mutual Transportation Assurance Company (FMTAC). This includes reports, analysis, research, database maintenance, and record keeping.

Responsibilities:

• Responsible for maintaining the PeopleSoft Financial program through daily data entry and review, which facilitates the monthly submission of FMTAC financials.
• Responsible for preparing monthly FMTAC reviews, which include report preparation, review of data, and submission of final assessment to the Manager, Budget Administration.
• Responsible for all Agency insurance premiums and FMTAC invoices, which include logging invoices into the database, invoice review, and resolving any discrepancies. Also responsible for submission to the manager for payment.
• Review Quarterly FMTAC Financial Plans for Budget Submission.
• Review monthly FMTAC Budget Submissions, which include the Process flat file and PeopleSoft Portal files (run and review).
• Assist in the resolution of any FMTAC Budget/Financial Plan errors.
• Creates and manages the PO List and logs tracking PO funding.
• Creates, inputs, and manages Requisitions via PeopleSoft
• Creates various budget runs utilizing Excel as per department needs.
• Reconciles LIRR/ MNR claims payments using an Excel file.
• Resolves issues with payments (wire transfers, check requests, check stops, etc.)
• Monthly review of all payments charged to RIM; immediately correct/ reject all not properly charged to RIM.
• Performs other duties as assigned
• Complies with all policies and standards
• May be required to work hours outside regular work hours, as applicable
• Observes the work performed by contractors, as applicable
• Reviews invoices and approves them if the work meets contractual standards, as applicable
• Addresses performance issues with the contractor when possible, as applicable
• Escalates issues to other parties when needed, as applicable

Required Qualifications:

Required Knowledge/Skills/Abilities:

• Knowledge of Generally Accepted Accounting Principles (GAAP)
• Proficiency in computer applications pertaining to spreadsheets, databases, and presentation software (i.e., MS Excel, PowerPoint, Access, and PeopleSoft).
• Must have good communication skills and demonstrate the ability to effectively interact with staff, consultants/vendors, and agency contacts.

Required Education and Experience:

• Bachelor’s Degree in Arts/Sciences (BA/BS) in Business Administration, Accounting, or Management, or the equivalent in progressively responsible experience
• Minimum 2 years of experience as a financial or business analyst.

Other Information

Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial

Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the “Commission”).

Equal Employment Opportunity

MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including those concerning veteran status and individuals with disabilities.

The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.