Assistant Director Financial Operations

Description

JOB TITLE:

Assistant Director, Financial Operations

Agency:
Construction & Development

Dept/Div:
Operations inance Operations

Reports To:

Director Financial Operations

WORK LOCATION:

2 Broadway

Hours Of Work: 8:30 AM to 5:00 PM or as required (7.5HR/ DAY)

JOB FAMILY: FIN

GRADE: 007

Salary Range: $117,122 to $146,403

Deadline:
Open Until Filled

May need to work outside of normal work hours (i.e., evenings and weekends)

Travel may be required to other MTA locations or other external sites.

MTA Construction & Development reserves the right to remove this posting before the Final date to receive applications.

MTA Construction & Development (C&D) is responsible for the planning, development, and execution of all capital construction projects across the MTA region. Through centralized oversight and management of the MTA's $68.4 billion Capital Program, C&D ensures the efficient delivery of critical infrastructure projects that support the region's vast transportation network. As part of the Metropolitan Transportation Authority, the largest transportation network in North America, C&D plays a key role in modernizing and expanding services that support 15.3 million residents across New York City, Long Island, southeastern New York State, and Connecticut.

C&D is committed to delivering safe, innovative, and cost-effective capital projects that enhance the customer experience and strengthen the reliability and resilience of the MTA system.

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

The Assistant Director of Financial Operations (Budget & Planning) will support the Director of Financial Operations in overseeing the financial planning, management, and reporting functions for the Construction & Development (C&D) department. This role assists in the development, implementation, and maintenance of the consolidated operating budget, encompassing both reimbursable and non-reimbursable labor and non-labor categories.

The Assistant Director will support the preparation and submission of three annual financial plans and ensure the accurate upload of budget and actual month-end results into Hyperion in alignment with established deadlines and reporting standards. This includes supporting Hyperion system submissions, actual integration, and data quality management.

In addition, the Assistant Director will review invoices, ensuring proper accounting treatment and validating all charges for accuracy and compliance, escalating issues to the Director as appropriate. The role also supports monthly and year-end financial reporting, including accruals, variance analysis, and cash flow reporting.

• Key responsibilities include supporting the development of annual and mid-year financial plans across approximately 170 Responsibility Centers, partnering with business units to evaluate new funding needs, and assisting in facilitating forecast discussions to support strategic and operational decision-making.
• The Assistant Director will work closely with the Hyperion/IT team and the Central Finance Tower to support financial system functionality, ensure data integrity, and assist in testing and implementation of new applications.
• Additional responsibilities include supporting enhancements to financial processes, ensuring compliance with Generally Accepted Accounting Principles and internal policies, mitigating financial risks, and identifying opportunities to drive process improvements and financial insights.
• Supports the end-to-end development, versioning, and upload of baseline and mid-year financial plans within Hyperion Planning, ensuring compliance with internal budget control protocols and enterprise-level reporting standards. Partners with functional leads to support iterative forecast updates using driver-based modeling and assumption tracking to align financials with dynamic operational requirements.
• Supports Hyperion Actuals integration using smart load routines and data mapping between People Soft Financials and Essbase cube structures, assisting in ensuring journal-level accuracy across labor, non-labor, and capital expenditure accounts. Investigates source-to-target variances and coordinates resolution of ETL discrepancies with the Hyperion support team.
• Prepares complex financial submission templates and supporting documentation to the MTA Office of Management and Budget (OMB), ensuring all…