Chief Budget Officer

2 weeks ago


Brooklyn, United States MTA, Inc. Full time

Chief Budget Officer Job ID: 9347 Business Unit: New York City Transit Location: Brooklyn, NY, United States Regular/Temporary: Regular Department: Operations Support/Admin Date Posted: Oct 29, 2024 Description Job Information: Title: Chief Budget Officer First Date of Posting: 10/28/24 Last Date of Filing: 11/11/24 Authority: TA Department: Subways Division Unit: Operations Support (VP’s Office) / Finance & Budget Reports To: Vice President & Chief Officer, Operations Support Location: 130 Livingston St. Hours of work: 9am – 5pm Compensation: Min: $146,130– Max: $207,409.95 / Exec 1358 Responsibilities: This position provides executive oversight of the Department of Subways $5 billion annual operating and reimbursable budgets, leads implementation efforts for major financial initiatives, and manages performance reporting. The incumbent directs the development of each division's financial operations including evaluation of expense results and recommending corrective actions. Oversees the development of analytic models and process optimization to improve budgeting and forecasting procedures, availability goals, and hiring plans. Responsible for the $300 million annual Subway Action Plan, including development of programs, monitoring spending and production, and recommending changes to the program. Provides executive oversight of Subways portion of the $500 million Fiscal Baseline Reset budget reduction program. Provides executive-level guidance to the Vice President, Operations Support and SVP, Subways. Education and Experience: A bachelor’s degree from an accredited college in business administration, finance, transportation management, or a satisfactory equivalent; or an equivalent combination of education and experience from an accredited college can be considered in lieu of a degree Twelve (12) years of full-time related experience and seven (7) years must have been in a managerial/supervisory capacity Desired Skills: Extensive knowledge of budget preparation, financial analysis, and performance reporting. Extensive experience with Subways hiring, policies, and procedures. Ability to negotiate and resolve conflict among high-level executives regarding financial and operational issues. Selection Method: Based on evaluation of education, skills, experience, and interview. All appointments, with the exception of the Department of Subways employees on MABSTOA payroll, will be made on the NYCT payroll. 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 with respect to veteran status and individuals with disabilities. The MTA encourages qualified applicants from diverse backgrounds, experiences, and abilities, including military service members, to apply.



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