Assistant Director - Capital Financial Planning

TASK FORCE: Capital Financial Planning

UNIT: Capital Financial Planning

JOB TITLE: One (1) Assistant Director

CONTROL CODE: CFP-25-03


SUMMARY:

The Mayor’s Office of Management and Budget (OMB) is the City government's chief financial agency. OMB's staff of analysts and experts assembles and oversees the Mayor’s expense and capital budgets, which fund the services and activities of approximately 90 City agencies and entities.

Within OMB, the Capital Financial Planning Unit has primary oversight responsibilities for all agencies on budget and policy issues relating to Capital Budget Management, including the formation of Capital Planning Strategies with Senior Administration Officials. It acts as the liaison for the Administration in negotiating the modification and adoption of the Capital Budget with the Borough Presidents and City Council. The Capital Financial Planning Unit is responsible for the forecast and monitoring of Capital Cash Flow used to project long-term borrowing for New York City’s financing program. The Unit is also responsible for the preparation of all City Charter Mandated Capital Budget Publications and well as the development, maintenance, and security of the Capital Budget areas of the City’s Financial Management System.

JOB DESCRIPTION:

The duties of the position include the following:

- Lead and manage the Capital Financial Planning Unit,
- Oversee the development of the Capital Financial Plan, Commitment Plan, Capital Budget, and Ten-Year Capital Strategy.
- Coordinate with OMB taskforces and outside agencies on various budget issues related to the Capital Budget.
- Act as the primary liaison and budget expert for the adoption and modification of the Capital Budget with the Borough Presidents and City Council.
- Oversee the coordination of the development of system assurance reports for the financial plan process and create ad-hoc reports as requested.
- Develop and support with appropriate analyses, recommendations for action related to the capital budget and plan.
- Ensure staff is fully trained and briefed on issues and deadlines and provide periodic and appropriate feedback and guidance to staff to assure optimal performance.
- Provide expert advice and guidance on capital budget processes to OMB staff and outside agency personnel.



QUALIFICATIONS:

- Exceptional organizational, research, problem solving, and analytical skills.
- Outstanding written and spoken communications skills, including public speaking and presentation.
- Must possess strong computer technology skills including a proficiency in Microsoft Office software (Word, Excel, Access, and PowerPoint) and the ability to learn new technology quickly.
- In-depth knowledge and expertise in the City’s financial management system (FMS), including programming of all system processes, for capital budget publications and budget structure maintenance.
- Ability to work calmly and proficiently under pressure and to adhere to strict deadlines.
- Ability to work independently as a self-motivator and to motivate others as a leader of a team and to work with minimal supervision.

REQUIREMENTS:

Assistant Director ($161,841): Bachelor's or Master’s degree in Finance, Business, Economics, Public Policy Analysis/Administration or related field and a minimum of ten years of full time experience in capital budgetary planning/management, financial analysis and cash flow management. Applicants must also possess at least five years of supervisory experience.

1. A baccalaureate degree from an accredited college.

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.