City Of New York

Capital Budget Analyst

City Of New York$80K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in relevant fields such as economics, finance, or public administration or Juris Doctor degree;
  • Bachelor's degree with 2 years of professional experience in budget management or related area;
  • Associate degree with 4 years of relevant experience;
  • High school diploma with 6 years of applicable professional experience;
  • Combination of education and experience equivalent to the listed requirements.

Responsibilities

  • Review capital project packages from DCAS's Fleet and Energy Management;
  • Ensure completeness of payment documentation per contract requirements;
  • Conduct in-depth analysis of invoices and payment packages;
  • Identify and report discrepancies to project managers;
  • Prepare detailed payment vouchers and verify deductions;
  • Facilitate timely payments to prevent service interruptions;
  • Coordinate with various stakeholders, including auditors and construction firms.

Benefits

  • Eligibility for the 55-a Program for qualified persons with disabilities;
  • Access to public service opportunities with a strong track record;
  • Engagement with diverse projects involving large-scale city budgets;
  • Opportunity to work within a structured civil service framework;
  • Potential for career advancement in public administration.
Full Job Description
Job Description

The DCAS Capital Budget Unit (CBU) is responsible for managing the agency's $10 billion 10-year capital plan and works to manage capital submissions through various phases of the Capital process. This includes assisting with procurement through the registration process required by the City Charter, Office of Management and Budget and the Comptroller's Office. The unit registers work order letters and change orders for capital contracts with the Comptroller's office and submits CPs to OMB to ensure that DCAS has sufficient budgetary authority to fund all capital projects, leases, and equipment purchases. The unit also reports on the status of the capital budget and reviews invoices for capital contracts.

The Department of Citywide Administrative Services (DCAS) seeks to hire a Staff Analyst to work within in the Fiscal and Business Management Line of Service's Capital Budget Unit to serve as a Capital Budget Analyst. Reporting directly to the Capital Budget Director, the candidate will be responsible for a broad range of financial and administrative activities relating to the management and funding of DCAS' capital program.

Responsibilities of Capital Budget Analyst may include:

- Review packages submitted by DCASs Fleet Management and Energy Management (DEM).
- Ensure payment packages contain all required documentations outlined by contract.
- Perform extensive analysis of payment packages including invoices, verification of contract prices and discount provisions, previous services rendered, certified payroll submissions, timesheets, delivery and/or inspection certifications.
- Flag discrepancies in payment packages to Project Mangers to prevent overpayments.
- Create comprehensive and detailed payment vouchers. Ensure deduction(s) and/or retainage were correctly applied.
- Ensure timely payments to avoid service interruption or contract termination. Process Disbursement Request Modifications (DRMs) for rush or special processing requests as needed.
- Liaise with stakeholders such as construction companies, project managers, the Comptroller's office, the Department of Investigation, and other entities including internal and external auditors.
- Update various payment tracking reports, process Release of Retainage documents, and monitor interest payments.

Only permanent employees in the civil service title of Staff Analyst, and comparable titles, or those reachable on Staff Analyst civil service exam are eligible to apply.

To Apply:

Please go to www.nyc.gov/jobs, or www.nyc.gov/ess for current NYC employees, and search for Job ID #801496.

No phone calls, faxes or personal inquiries permitted. Only those candidates under consideration will be contacted.

This position is also open to qualified persons with a disability who are eligible for the 55-a Program. Please indicate in your cover letter that you would like to be considered for the position under the 55-a Program.

STAFF ANALYST - 12626

Qualifications

A master's degree from an accredited college in economics, finance, accounting, business or public administration, human resources management, management science, operations research, organizational behavior, industrial psychology, statistics, personnel administration, labor relations, psychology, sociology, human resources development, political science, urban studies or a Juris Doctor degree from an accredited law school; or

A baccalaureate degree from an accredited college and two years of satisfactory full- time professional experience working in one or a combination of the following areas: working with the budget of a large public or private concern in budget administration, accounting, economic or financial administration, or fiscal or economic research; in management or methods analysis, operations research, organizational research or program evaluation; in personnel or public administration, recruitment, position classification, personnel relations, labor relations, employee benefits, staff development, employment program planning/administration, labor market research, economic planning, social services program planning/evaluation, or fiscal management; or in a related area.

An associate degree or completion of 60 semester credits from an accredited college and four years of satisfactory full-time professional experience as described in "2" above.

A four-year high school diploma or its educational equivalent approved by a State's department of education or a recognized accrediting organization and six years of satisfactory full-time professional experience as described in "2" above.

A combination of education and/or experience equivalent to "1", "2", "3", or "4" above. College education may be substituted for professional experience at the rate of 30 semester credits from an accredited college for one year of experience. However, all candidates must have a high school diploma.

Special Note:
To be eligible for placement in Assignment Level II, individuals must have, after meeting the minimum requirements, one additional year of professional experience as described in "2" above."

Additional Information

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