FP&A Specialist

2 weeks ago

New York, New York, United States New York City Economic Development Corporation Full time
Our Vision: To establish New York City as a leading example of inclusive innovation and economic development, driven by the City's diverse population and enterprises.

Our Mission: To foster a dynamic, inclusive, and globally competitive economy for all residents of New York City.

POSITION OVERVIEW:

The Finance Department is dedicated to the planning, management, documentation, and reporting of all revenue and expenditure activities within the organization. The Financial Planning & Analysis (FP&A) Unit plays a crucial role in facilitating effective and strategic decision-making through financial modeling and scenario assessments. The FP&A Analyst will contribute to the oversight and management of budgets for all internally funded operations, projects, and program initiatives. This role offers the chance to collaborate closely with various departments and Senior Management to formulate and execute the Corporation's financial strategy.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Examine project contracts, modifications, amendments, and payments related to construction consulting and other services.
  • Evaluate funding requests submitted by project managers.
  • Track the progress of approved projects.
  • Identify suitable funding sources in alignment with the annual budget.
  • Assist in the documentation of the organization's financial activities.
  • Update internal systems with budgetary information, reconcile project budgets, and collaborate with project managers and Accounting to resolve discrepancies.
  • Perform additional duties as assigned.
QUALIFICATIONS:
  • Bachelor's degree in Finance, Accounting, Business, or a related discipline.
  • 1-2 years of professional experience, particularly in finance, accounting, budgeting, and forecasting.
  • Proficient in spreadsheet and presentation software, including Excel and PowerPoint.
  • Strong written and verbal communication abilities.
  • Attention to detail and capability to prioritize competing demands.
  • Residency in New York City is required within 180 days of employment.
Salary Range

$67,000-$69,000 USD

About Us: The New York City Economic Development Corporation is a mission-driven, nonprofit entity committed to fostering a vibrant, inclusive, and globally competitive economy for all New Yorkers. Our comprehensive approach encompasses four primary strategies: enhancing confidence in NYC as a premier business destination; promoting innovative sectors with an emphasis on equity; developing neighborhoods as spaces for living, learning, working, and recreation; and delivering sustainable infrastructure for communities and the future economy of the city.

NYCEDC is dedicated to providing competitive benefits that support employee health, well-being, and work-life balance. We offer a range of comprehensive benefits and unique perks to ensure that NYCEDC employees thrive both professionally and personally:
  • Generous employer-subsidized health insurance.
  • Medical, dental, and pharmacy plans.
  • Vision and hearing benefits.
  • Flexible spending accounts for healthcare and dependent care.
  • Short-term and long-term disability coverage.
  • 100% employer-covered life insurance and supplemental life insurance options.
  • Up to 25 vacation days.
  • Floating Holidays and Summer Fridays.
  • Parental leave - up to 20 paid weeks.
  • Retirement savings programs
    • Company-paid 401(a) defined contribution plan.
    • 457(b) tax-advantaged retirement savings plan.
  • Tuition Reimbursement program.
  • Continuing education and professional development opportunities.
  • Public Service Loan Forgiveness (PSLF) eligible employer.
  • College savings plan.
  • Backup childcare services.
  • Gym membership discounts.
  • A membership for mindfulness and mental health support.
  • Employee discounts through Plum Benefits, Student Loan Servicing tools, and more.
Benefits may vary based on the duration and nature of employment with the New York City Economic Development Corporation and are subject to change at the organization's discretion.

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission aims to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC recognizes that our strength lies in the unique contributions of each of our employees, enhancing the fabric of our organization.

For more information, visit our website.

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