Vice President, Financial Planning and Analysis

United States·New Yorkexecutive

OtherFinancial Planning And Analysis

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Quick Summary

Key Responsibilities

Lead the preparation and maintenance of NYCEDC’s rolling 5-year Financial Plan, annual budget and mid-year reforecast cycles.

Requirements Summary

Bachelor’s degree in Finance, Business Administration, Accounting or a related field. 7+ years of experience in budgetary planning or management, financial analysis,

Technical Tools

OtherFinancial Planning And Analysis

Responsibilities

~2 min read

→Lead the preparation and maintenance of NYCEDC’s rolling 5-year Financial Plan, annual budget and mid-year reforecast cycles.
→Provide financial modeling and scenario analysis to support strategic corporate decision-making.
→Build strong cross-functional partnerships to promote collaboration, transparency, and effective financial planning across the organization.
→Establish financial projections and monitor and present budget-to-actual performance reports to senior management.
→Develop financial models and dashboards to track, organize and report on initiatives and key projects.
→Partner with senior management to develop funding strategies for initiatives and create operational budgets funded with corporate resources.
→Analyze and make recommendations on budget requests and allocations.
→Review, analyze and guide the approval process for NYCEDC-managed property budgets, working in close partnership with the Asset Management Division.
→Advise on financial aspects of investments, loans and other transactions made by NYCEDC’s Strategic Investment Group and Real Estate Transactions team, considering policy and program goals.
→Continuously improve budgeting and reporting frameworks, tools and processes.
→Update internal systems with budget information and periodically reconcile project and operating budgets.
→Work with project teams and the other departments within Finance to correct any discrepancies.
→Review project contracts to determine appropriate funding sources based on the approved financial plan.
→Develop and maintain relevant financial data for NYCEDC affiliated entities.
→Coordinate with the City’s Office of Management & Budget (OMB) and other City agencies regarding funding of Mayoral initiatives (as needed).
→Other duties as assigned.

Requirements

~3 min read

Bachelor’s degree in Finance, Business Administration, Accounting or a related field.
7+ years of experience in budgetary planning or management, financial analysis, financial modeling and multi-year projections (3+ years in a nonprofit environment preferred).
Proven leadership skills, including at least 5+ years of experience directly managing a team.
Demonstrated communication skills including verbal, written, and presentation.
Proven analytical, critical thinking, and quantitative skills including the ability to develop and evaluate financial models and pro-formas.
Ability to understand strategic objectives while managing detailed execution.
Comfortable interfacing with and presenting to senior officials and management.
Proficiency in Microsoft Excel and PowerPoint; experience with accounting software programs.
NYC residency is required within 180 days of hire.

Salary Range

$140,000—$145,000 USD

About Us: New York City Economic Development Corporation is a mission-driven, nonprofit organization that works for a vibrant, inclusive, and globally competitive economy for all New Yorkers. We take a comprehensive approach, through four main strategies: strengthen confidence in NYC as a great place to do business; grow innovative sectors, with a focus on equity; build neighborhoods as places to live, learn, work, and play; and deliver sustainable infrastructure for communities and the city’s future economy.

NYCEDC is committed to offering competitive benefits to support employee health, happiness, and work-life balance. We offer comprehensive benefits and unique perks to ensure NYCEDC employees flourish in their professional and personal lives:

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 coverage
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
Public Service Loan Forgiveness (PSLF) eligible employer
College savings plan
Backup childcare
Gym membership discounts
A Calm.com membership for mindfulness and mental health support
Employee discounts through Plum Benefits and much more

Benefits listed above may vary based on the length and nature of your employment with New York City Economic Development Corporation. These benefits are subject to be modified at any time, at the discretion of the organization.

The New York City Economic Development Corporation is an Equal Opportunity Employer. Our Diversity, Equity, and Social Responsibility Mission is to create a People First strategy by attracting, retaining, and engaging a diverse and talented workforce. Like the city of New York, NYCEDC knows our strength comes from each of our connected parts, making the fabric of our organization better and stronger because of our unique employees' talents.

For more information, visit our website at edc.nyc.