Job Description
The NYCHA Information and Technology Department (NYCHA IT) is seeking a highly motivated individual to join the IT Administration team. Under the direction of the Senior Manager of IT Administration, the Budget Analyst will be responsible for supporting the financial activities and budget management for New York City Housing Authority Information Technology (NYCHA IT) Department. NYCHA IT’s mission is to enable NYCHA to provide quality housing by delivering meaningful, innovative, high-performing, cost-effective technology solutions. IT Administration is responsible for the management and development of departmental annual and five- year operating and capital budgets in addition to implementing practices for effective sourcing strategies and maximize value from existing and future supplier and vendor relationships.
Responsibilities include, but are not limited to the following:
- Collaborate with various departments to develop annual budgets and financial forecasts.
- Monitor budgetary performance by comparing actual results to budgeted projections and provide regular variance analysis reports.
- Identify areas of concern or improvement in budgetary processes and provide recommendations for optimization.
- Assist in the preparation of financial reports, presentations, and analyses for management and stakeholders.
- Conduct cost-benefit analyses to assess the financial impact of proposed projects or initiatives.
- Assist in the development and implementation of budgeting policies and procedures.
- Stay updated on industry trends, regulations, and best practices related to budgeting and financial management.
- Develop and maintain financial models to support budgeting and forecasting processes.
- Assist in the preparation of budget presentations for senior management and board meetings.
- Coordinate with department heads to gather budget input and ensure alignment with organizational goals.
- Monitor spending trends and identify opportunities for cost savings or reallocation of resources.
- Conduct financial risk assessments and recommend strategies to mitigate potential risks.
- Collaborate with procurement and supply chain teams to optimize purchasing decisions and vendor contracts.
- Assist in the preparation of grant proposals and funding requests by providing accurate budgetary information.
- Participate in cross-functional teams to support strategic planning initiatives and special projects.
- Provide training and support to departmental budget managers on budgeting processes and financial reporting tools.
- Perform ad-hoc financial analysis and reporting as requested by management.
NOTE: Due to the existence of a civil service list, candidates must have permanent civil service status in the title of Associate Staff Analyst to be considered.
NOTE: This position is open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate in your cover letter that you would like to be considered for the position under the 55-a Program. For detailed information regarding the 55-a Program, click on the link below:
https://bit.ly/55aProgram
Additional Information
1. INTERAGENCY TRANSFERS INTO NYCHA OF THOSE PERMANENT IN TITLE ARE NOT PERMITTED IN THE FACE OF AN ACTIVE AND VIABLE NYCHA PROMOTION LIST OR PREFERRED IS FOR THE SAME TITLE.
2. Candidates with permanent civil service status in the title of Accountant will also be considered.
3. NYCHA employees applying for promotional, title or level change opportunities must have served a period of one year at current location and in current title and level (if applicable).
4. NYCHA residents are encouraged to apply.
Please read this posting carefully to make certain you meet the qualification requirements before applying to this position.
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.