Description
Position at MTA Construction & Development
This position is eligible for telework, which is currently available one day per week. New hires are eligible to apply 30 days after their effective date of hire.
JOB TITLE:
Director, Finance Operations
AGENCY:
Construction & Development
DEPT/DIV:
Operations/Finance Operations
REPORTS TO:
Assistant Vice President, Finance Operations
WORK LOCATION:
2 Broadway
HOURS OF WORK:
8:30 AM to 5:00 PM or as required (7.5HR/ DAY)
JOB FAMILY: FIN
GRADE 007
SALARY RANGE:
$117,122 to $146,403
DEADLINE:
Open Until Filled
Summary
The Director of Finance Operations supports the Assistant Vice President in providing strategic and operational leadership across financial functions tied to MTA C&D's key revenue-generating initiatives that comprise significant public-private partnerships in Transit-Oriented Development (TOD), Advertising & Promotions, Broadband, OMNY, and External Partner Programs (EPP). The Director ensures fiscal accountability, compliance, and financial optimization through budgeting, forecasting, analysis, and reporting. This role manages complex reimbursement agreements/third-party contracts. It enhances systems that drive visibility and data-informed decisions - delivering billions in revenue, savings, and in-kind improvements to the MTA.
Responsibilities
Collaborate with C&D's senior finance leaders and the MTA's consolidated financial tower to optimize and streamline financial processes across budgeting, vendor payments, reporting, third-party contracts, and financial system use (PeopleSoft, Hyperion, IMPACT).
Assist with the transformation and integration of financial operations post-MTA C&D workforce consolidation, implementing scalable systems for rapidly expanding portfolios.
Manage financial planning, budgeting, analysis, and reporting for major Broadband & Public-Private Partnership agreements, including expense tracking, performance reviews, and reconciliations. Oversee all financial provisions and performance metrics for agreements delivering over $1B in MTA benefits. Track expected cost savings and ensure goals are achieved.
Collaborate with Capital Project Business Unit Leadership to manage relocation billing tied to station renovations and transit infrastructure.
Coordinate with vendors and internal stakeholders on force account billing, contractor compliance, and deployment funding.
Review and analyze financial proposals for new Advertising/Broadband/Transit Oriented Development opportunities and advise on RFP selections.
Manage financial operations for a growing portfolio of Transit Oriented Development (TOD) agreements (80+ active contracts) and manage consultant payments and funding. Support capital-generating TOD ground lease, air rights, and developer agreements. Prepare and reconcile monthly TOD reports: expense logs, bank balances, invoice status, and developer scorecards.
Process all related payments, purchase orders, and funding adjustments with Treasury, Capital Accounting, and Legal Finance.
Lead financial responsibilities for the External Partner Program (EPP) & East Side Access (ESA) expense reimbursement agreements. Ensure revenue is tracked, payments reconciled, and booked to the appropriate RCs and fund accounts.
Manage revenue, reimbursements, and expenditures tied to OMNY's marketing, delivery, and operational initiatives. Monitor affiliate agreements, onboarding fees, non-fare revenue, and transaction fees.
Assist with financial plan submissions, projections, and forecasts for all programs and agreements. Ensure compliance with contract terms, budgets, audit recommendations, and MTA financial policy. Review, track, and reconcile invoices, payments, and reimbursements. Track funding availability, reconcile budget vs. actuals, and provide variance commentary. Coordinate interagency chargebacks and deferral planning for all non-reimbursable expenses.
Prepare monthly KPI reports, performance summaries, and budget-tracking dashboards.
Partner with MTA Procurement, Treasury, and Controller teams to ensure accuracy in payments, RC setup, and vendor management.
Drive enhancements to financial systems and support enterprise-wide initiatives, including C&D financial reporting modernization and ERP integration efforts.
Education and Experience
A bachelor's degree in business, finance, public administration, accounting, economics, or equivalent, or a related field is required.
Master's degree in business, finance, planning, public administration, accounting, economics, or related field preferred.
Minimum 10 years of experience in business, finance, public administration, accounting, economics, or equivalent, or a related field required.
Minimum 4 years of managerial experience required.
Familiarity with the MTA's operating agencies
Familiarity with the MTA's policies and procedures
Excellent organizational and presentation skills.
Excellent communication and interpersonal skills.
Demonstrated supervisory and leadership capabilities.
Demonstrated ability to problem-solve creatively.
Demonstrated ability to work with all levels of an organization.
Demonstrated ability to work effectively in a high-profile, high-pressure, fast-paced environment.
Demonstrated ability to communicate effectively with key internal and external stakeholders.
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").
Selection Criteria
Based on the evaluation of education, skills, experience, and interview.
How to Apply
MTA employees must apply via My MTA Portal. You can submit an online application by logging into My MTA Portal, clicking the My Job Search ribbon, and selecting the "Careers" link. Logging in through My MTA Portal will link your BSC ID number to your job application to identify you as an internal applicant.
