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Analyst - Transit

Job Description

TASK FORCE: INFRASTRUCTURE AND TRANSIT AUTHORITY

UNIT: Transit

JOB TITLE: One (1) Analyst / Senior Analyst / Supervising Analyst

CONTROL CODE: INF-25-02
________________________________________________________________________________

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 more than 90 City agencies and entities.

The Transit Unit is seeking to hire an Analyst / Senior Analyst / Supervising Analyst to support the unit’s work on analyzing and tracking Metropolitan Transportation Authority (MTA) capital and operating budgets, including City contributions, as well as overseeing the Taxi and Limousine Commission (TLC) operating budget. The analyst will be responsible for financial and operating data gathering and analysis, invoice reconciliation, project tracking, contract review, preparing reports and presentations and conducting policy and economic research.

The Transit Unit is part of OMB’s Infrastructure Task Force, which also includes the New York City Department of Environmental Protection (DEP).

JOB DESCRIPTION:

The duties of these positions encompass the following activities:

- Reviewing the budget and financial plan of the Metropolitan Transportation Authority and preparing the Financial Report on the agency
- Reviewing invoices and preparing payment vouchers to authorize City funds for MTA expenses
- Reviewing Taxi and Limousine Commission programs and expenditures in the preparation of the annual expense budget to ensure a sufficient allocation of resources for the agency to meet mandated responsibilities and programmatic requirements
- Monitoring the ongoing administration of the Taxi and Limousine Commission expense budget to ensure that agency resources and program allocations are expended in accordance with established priorities and goals and evaluating performance
- Analyzing program expenditure options and recommendations involving agency operational and organizational issues to ensure the provision of maximum services at the least cost
- Preparing written and oral budget presentations to the Mayor, City Council and other oversight bodies to ensure that the budget process proceeds in accordance with legal and charter mandates
- Analyzing legislative proposals and estimating their fiscal impact on operational policies
- Assisting with ad hoc projects within the task force

QUALIFICATIONS:

- Demonstrated quantitative and analytical skills, including ability to use Excel formulas and pivot tables
- Excellent written, verbal, and interpersonal communication skills
- Resourceful problem-solver who seeks out answers to complex questions proactively
- Positive team player committed to achieving both personal and shared goals
- Must be able to work evenings and weekends as needed

REQUIREMENTS:

A cover letter is required to be considered for this position

Analyst ($74,893+): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of two years responsible budgetary planning/management, financial analysis, public policy analysis/administration or a related field; or an awarded Master's degree in Financial Management, Business, Public Administration or a field related to the specific assignment.

Senior Analyst ($84,257+): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of three years of full-time experience in budgetary planning/management, financial analysis, public policy analysis/administration, or a related field; or an awarded Master's degree in Business, Public Policy Administration, Finance, Economics, or related field, and one year of relevant experience.

Supervising Analyst ($95,208): Bachelor's degree and a minimum of four years of full-time experience in budgetary planning/management, accounting, financial analysis, public policy analysis or a related field, or an awarded Master's degree in Business, Public Administration, Finance, Economics, or a related field, and two years of relevant experience.

BUDGET ANALYST (OMB) - 06088

Qualifications

1. A baccalaureate degree from an accredited college.

Additional Information

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.

Average salary estimate

$85050.5 / YEARLY (est.)
min
max
$74893K
$95208K

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What You Should Know About Analyst - Transit, City of New York

Are you ready to dive deep into the world of transit finance? The Mayor's Office of Management and Budget (OMB) in New York City is on the lookout for a detail-oriented Analyst for their Transit Unit. As part of the Infrastructure Task Force, you'll play a pivotal role in analyzing and tracking the Metropolitan Transportation Authority's (MTA) capital and operating budgets. Your expertise will not only contribute to the financial health of major city agencies but also help oversee the Taxi and Limousine Commission (TLC) operating budget. You'll gather and analyze financial and operational data, perform invoice reconciliations, and track projects while conducting critical policy and economic research. This role is a fantastic opportunity to prepare insightful reports and presentations for city officials, ensuring the budget process aligns with legal and charter mandates. Whether you’re reviewing MTA invoices or preparing annual budgets for the TLC, your work will make a direct impact. If you have a background in Business, Finance, or Public Policy, coupled with strong analytical skills and a knack for problem-solving, this is the place for you! Join us at OMB and help shape the future of transportation in New York City as an Analyst in Transit!

Frequently Asked Questions (FAQs) for Analyst - Transit Role at City of New York
What are the primary responsibilities of an Analyst at the Mayor's Office of Management and Budget in New York?

As an Analyst at the Mayor's Office of Management and Budget (OMB) in New York, you will be responsible for analyzing and tracking the MTA's operating and capital budgets, overseeing the TLC operating budget, and preparing comprehensive reports. This involves data gathering, project tracking, invoice reconciliation, and evaluating performance to ensure resources are allocated effectively.

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What qualifications are needed to apply for the Analyst position at OMB in NYC?

To apply for the Analyst position at OMB in New York City, candidates should have a Bachelor’s degree in Business, Finance, Economics, or a related field and at least two years of relevant experience in budgetary planning or financial analysis. An awarded Master’s degree may substitute for some experience, depending on the level of the position.

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How does one progress from Analyst to Senior Analyst or Supervising Analyst at OMB?

Career progression from Analyst to Senior Analyst or Supervising Analyst at the OMB typically requires additional years of relevant experience in budget management or financial analysis. Senior Analysts need at least three years, while Supervising Analysts require four years of full-time experience in similar roles, combined with appropriate educational qualifications.

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What skills are essential for an Analyst working in the Transit Unit at OMB?

Essential skills for an Analyst in the Transit Unit at OMB include strong quantitative and analytical abilities, proficiency in Excel for data analysis, excellent written and verbal communication skills, and a resourceful approach to problem-solving. A collaborative attitude and commitment to team goals are also important.

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What kind of projects might an Analyst in Transit at OMB be involved in?

An Analyst in Transit at OMB may work on various projects such as reviewing budget proposals for the MTA, preparing financial reports on expenditures, conducting policy research affecting transportation budgets, and analyzing legislative proposals that impact funding for transit operations.

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Common Interview Questions for Analyst - Transit
Can you describe your experience with financial analysis and budget management?

When answering this question, highlight specific projects where you've successfully managed budgets or performed financial analysis. Discuss tools you've used, like Excel for pivot tables, and provide metrics or outcomes to showcase your impact.

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What skills do you believe are critical for success as an Analyst in Transit at OMB?

Discuss skills such as analytical thinking, communication, teamwork, and proficiency in Excel. Emphasize that being detail-oriented and proactive in problem-solving is vital for effective budget monitoring and reporting.

Join Rise to see the full answer
How do you handle tight deadlines and pressure in a busy work environment?

Provide examples of how you've successfully prioritized tasks and managed your time under pressure. Discuss specific techniques or tools you use, such as project management software or time-blocking strategies, to stay organized and focused.

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Describe a challenging project you worked on and how you managed it.

Select a project that involved multiple stakeholders or complex data. Discuss the challenges encountered and the steps you took to overcome them, focusing on your analytical skills and ability to communicate effectively with others.

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What motivates you to work in public sector budgeting?

Express a passion for public service and the opportunity to directly contribute to community resources. Share your enthusiasm for financial management and making a measurable impact through effective budget oversight.

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How do you ensure accuracy in your financial reports?

Explain your process for auditing your own work, including peer reviews or utilizing software for checks. Highlight the importance of attention to detail and the practice of double-checking figures before finalizing reports.

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Can you give an example of how you've worked effectively within a team?

Share a specific example where collaboration was essential to project success. Highlight your role, the teamwork dynamics, and how your contributions led to achieving shared goals.

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How do you approach policy analysis in your role as an Analyst?

Discuss your method for evaluating policy proposals, including assessing fiscal impacts, operational considerations, and stakeholder perspectives. Emphasize your analytical skills and ability to synthesize complex information.

Join Rise to see the full answer
What techniques do you use for data gathering and analysis?

Describe the tools and techniques you use for collecting data, such as surveys or financial databases, alongside analysis methods like statistical software or Excel formulas. Provide examples of how this data has informed budget decisions.

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Why do you want to work as an Analyst at the Transit Unit of OMB?

Share your interest in transit systems and utility management. Highlight your desire to contribute financially to projects that improve public transportation in New York City and your alignment with OMB's mission.

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DATE POSTED
April 5, 2025

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