Metronorth Railroad

Deputy Director - Financial Oversight

Metronorth Railroad$117K — $140K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Budget, Business or Public Administration or related field, or equivalent experience.
  • Minimum 7 years in financial reporting and budgeting administration.
  • At least 5 years of experience managing professional teams or projects.
  • Proficiency in Microsoft Office; familiarity with MTA Financial Systems like PeopleSoft and Hyperion Planning preferred.

Responsibilities

  • Oversee Operating Capital Project portfolio and ensure accurate documentation.
  • Manage capital budgeting and oversee allocation of resources such as headcounts and overtime.
  • Reviews, tracks, and certifies capital project invoices, ensuring accuracy of costs.
  • Assist in developing and evaluating financial plans for operating departments.
  • Participate in budget preparation, tracking expenditures, and variance analysis.
  • Conduct monthly business reviews analyzing financial and operational performance.
  • Drive initiatives to improve financial oversight and operational efficiency.

Benefits

  • Telework eligibility.
  • Opportunities for career development and coaching for team members.
  • Professional environment that encourages respect for individual differences.
  • Potential for performance-based management concerning staff.
Full Job Description
Description

Position at Metro-North Railroad

Job Title: Deputy Director- Financial Oversight

Department: Office of the Chief Administrative Officer

MTA Agency: Metro-North Railroad

Primary Location(s): New York, NY

Salary Range: $117,120 - $140,000

Regulated/Safety Sensitive: Non-DOT Regulated/Not Safety Sensitive

Union Affiliation: Non-agreement

Closing Date (if applicable): Until Filled

Shift (if applicable):

Title 55-a (yes or no): Not Applicable

Other: Telework eligible

Metro-North Railroad reserves the right to remove this posting before the Application Deadline.

JOB SUMMARY

This position serves as deputy to the Director of Financial Oversight and is responsible for supporting the financial oversight of Metro-North's Operating Budget ($1.6B), Capital Budget (in support of the Capital Program Delivery and Oversight team), and Operating Capital portfolio ($200-300M). The role assists in the review and approval of new need funding requests, as well as in the development of multi-year financial plans, variance analyses, and business reviews.

Working closely with the Director of Financial Oversight, this position helps ensure operating departments manage resources efficiently, adhere to MTA financial policies (including the Fiscal Baseline Reset), and pursue opportunities for cost control and improved financial performance. The position also prepares management reports and executive-level analyses to support decision-making by senior leadership.

DUTIES AND RESPONSIBILITIES
  • Responsible for overseeing the Operating Capital Project portfolio, including leading the monthly preparation and distribution of the Operating Capital Funded Projects Progress Report and ensuring project status, funding activity, and related financial controls are accurately documented and monitored.
  • Work with Force Account and oversee capital budgeting of headcounts, non-payroll inputs and overtime. Ensuring budgeting process is accurately recorded in the Financial Plans.
  • Manage monthly pre-bill process by reviewing, revising, tracking and certifying capital project invoices. Review and revise monthly pre-bills to ensure accurate labor, material, accounts payable, and equipment charges are billed
  • Support the development of the Financial Plan for MNR Operating Departments and assist in evaluating new need requests to ensure departmental proposals align with strategic goals, operational priorities, and resource availability.
  • Participate in the preparation, monitoring, and administration of Metro-North Railroad's (MNR) operating budget, including forecasting, expenditure tracking, variance analysis, and ensuring adherence to financial guidelines.
  • Assist the Director in conducting monthly business reviews for select departments by analyzing budget performance, overtime, workforce availability, and key variances, and helping develop recommendations to support financial and operational goals.
  • Contribute to initiatives that enhance financial oversight, operational efficiency, and cost-effectiveness.
  • Select, Develop and motivate staff and provide career development for team members. Provide effective coaching and counseling. Manage team and individual performance. Create a professional environment that respects individual differences and enables staff to develop and contribute to their full potential.
  • Performs other duties as assigned
  • Complies with all policies and standards
  • May be required to work hours outside regular work hours, as applicable
  • Observes the work performed by contractors, as applicable
  • Reviews invoices and approves them if the work has contractual standards, as applicable
  • Addresses performance issues with the contractor when possible, as applicable
  • Escalates issues to other parties when needed, as applicable

KNOWLEDGE, SKILLS AND ABILITIES

Required:
  • Microsoft Office


The following is/are preferred:
  • MTA Financial Systems: PeopleSoft & Hyperion Planning


REQUIRED EDUCATION AND EXPERIENCE
  1. Bachelor's Degree in Arts/Sciences (BA/BS) in Accounting, Finance, Budget, Business or Public Administration, or related field. Demonstrated equivalent education, experience or technical credentials to include four (4) additional years may be considered in lieu of degree.
  2. Minimum 7 years of progressively responsible experience with financial reporting and budgeting administration.
  3. Minimum 5 years of experience managing a professional workforce, process or projects.


The following is/are preferred: None

LICENSES AND CERTIFICATIONS

Required: None

OTHER INFORMATION
  • Pursuant to the New York State Public Officers Law & the MTA Code of Ethics, all employees who hold a policymaking position must file an Annual Statement of Financial Disclosure (FDS) with the NYS Commission on Ethics and Lobbying in Government (the "Commission").
  • Final salary is determined experience, skillset, and alignment with compensation practices. The posted range reflects expected compensation and may be updated as market or business needs evolve.
  • Employees driving company vehicles will be subject to License Monitoring and must complete defensive driver training once every three years for current MTA drivers; or within 180 days of hire or transfer for an employee entering an authorized driving position.
  • To be eligible for consideration for a new role, current MTA employees must complete at least one year of service in their current role prior to applying. Additionally, eligibility to interview is contingent upon maintaining a satisfactory record of job performance, attendance, and disciplinary conduct.


HOW TO APPLY:

For Internal Applicants: Log in to the My MTA Portal, click on the My Job Search tile, select the Careers link, search for the desired position, click Apply, and follow the on-screen instructions.

For External Applicants: Visit www.mta.info, click the "Careers" link located in the footer under the "The MTA" section, then click on "See All Open MTA Positions". Search for the desired position, click Apply, and follow the instructions.

About Metronorth Railroad

Metro-North Railroad is a commuter railroad that serves the northern suburbs of New York City. The railroad was founded in 1983 and is owned by the Metropolitan Transportation Authority (MTA). Metro-North operates three main lines, the Hudson Line, the Harlem Line, and the New Haven Line, which together serve over 85 million passengers annually. The railroad has a fleet of over 400 rail cars and operates over 700 trains per day. In addition to commuter service, Metro-North also operates several tourist trains, including the popular Fall Foliage and Holiday Express trains.
Learn more about Metronorth Railroad
Size
7,000 employees
Industry
Net Income
$100 million
Founded
1983
5 Year Trend
-5%
Revenue
$1 billion

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