Description
About the Role
The Port Department's Financial Services group is seeking a Supervising Financial Analyst to join their team. The selected candidate will be responsible for all financial analysis related to the Port Department (Port), functioning as an internal financial consultant for on-going and future business transactions, review of capital projects, and other analyses as required.
Responsibilities
- Supervise Principal Financial Analyst - setting analytical priorities, reviewing and approving their work for accuracy and strategic alignment, guiding their professional development to ensure the Port's financial analyses are consistently first-rate and timely.
- Maximizing the value of business transactions for the Port Authority through quantitative analyses and supporting Port in structuring and negotiating business terms with potential tenants at the Port. Throughout the transaction process, the candidate will assist in presenting key business terms to executive staff.
- Reviewing business transactions under consideration by Port to validate underlying assumptions and analysis, identify key risks, compare competing offers, and where appropriate seek more beneficial terms.
- Monitoring financial trends in Port, at the department and industry level, to provide input into the Agency's long-term financial forecast and assess any impact on Port Authority financial policies.
- Reviewing authorization documents for lease agreements, capital projects, construction contracts, etc. to validate the financial analysis and underlying assumptions and short- and long-term impact on the Port Authority. Engage other departments' staff as needed on all issues including financing, accounting, budget, and real estate.
- Facility budget preparation, analysis, monitoring & variance reporting.
- Preparing confidential and time sensitive financial and economic analysis.
- Preparing and monitoring monthly expense accruals.
- Providing input into departmental strategic and business planning initiatives.
- Preparing ad hoc financial schedules and analyses upon request.
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Minimum Qualifications
- Bachelor's degree in finance, Business, Economics, or related field from an accredited college or university.
- Three to five years of experience in structuring complex financial transactions.
- The selected candidate will be required to pass a Federal Security Background check and obtain a Transportation Workers Identification Credential (TWIC) to work in a maritime environment as required by Department of Homeland Security.
- Must have experience with Excel and SAP
Desired Qualifications
- Proficiency in analyzing and manipulating quantitative data to develop presentations that communicate results and recommendations effectively.
- Expertise in MS Office applications, including proficiency in Port Authority corporate finance-based systems such as PowerBI, Budget Pro, and SmartView.
- Demonstrated strong interpersonal skills, enabling effective interaction with Port Authority staff at all levels.
- Excellent oral and written communication skills, with the ability to present and discuss financial information in a clear and informative manner.
- Superior time management skills to effectively balance competing priorities and deliverables.
Selection Process
The application process varies by position, but typically includes an initial phone interview for qualified candidates, followed by a more in-depth interview(s) and/or assessment(s). Selected candidates who are made a conditional job offer will be asked to undergo a background check.
Compensation & Benefits
The Port Authority of New York and New Jersey offers a competitive benefits package, hybrid work options for many positions, and a professional environment that supports development and recognizes achievement.
Click here for more information about benefits, our culture, and career development opportunities.
How to Apply:
Interested candidates should apply to this job by clicking on the "Apply Now" button and submitting a resume. The Port Authority of NY & NJ welcomes veteran and military spouse applications.
Only applicants under consideration will be contacted.
About The Port Authority:
Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency's network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than twenty three billion in annual wages and eighty billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere.
Equal Opportunity Employer
The Port Authority of New York & New Jersey/Port Authority Trans-Hudson (PATH) is an Equal Opportunity Employer.