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Revenue Analyst - job 1 of 3

Job Description

Hours: Full Time- 35 Hours
Work Location: 30-30 Thomson Avenue, LIC, NY 11101

The NYC Department of Design and Construction, Division of Finance & Procurement seeks a Revenue Analyst. The selected candidate will report to revenue supervisor under Expense budget/Fiscal Audit & ActPybl and assist in facilitating payment reimbursement from utility companies based on contracts between New York City and utility companies for necessary utility interference work performed for DDC construction projects.

The Revenue Analyst will assist with making determinations as to balances owed by utility companies to NYC based upon analysis of payment history, time records, and Engineering Audit Office (EAO) payment reports; prepare bills for joint bid projects with supporting documentation based on quantity of items, extras and credits for construction projects using cover sheets of CPS/PIMS/PDMS system; prepare Billing Summary Spreadsheet indicating invoices sent to companies and payments received from companies based upon analysis of rates and hours worked. Prepare invoice with supporting documentation based on time sheets and other expenses for Resident Engineering Inspection (REI) and Force Account (FA) projects; work with the process of entering Billed Receivables (RE) and Cash Receipts (CRE) and Revenue Refund (PRF1) into FMS. In addition, also work on non-joint bid revenue streams, including FHWA grant funds and prepare deposit tickets and cash receipts for checks to ensure accuracy of revenue sources. Respond promptly to all Comptroller’s, OMB, DOT and other agencies requests and inquiries professionally and on a timely basis.

Authorization to work in the United States is required for this position. NYC Department of Design and Construction does not provide sponsorship for international employees for visa applications, extensions or status changes, including STEM/OPT visas. Applicants are responsible for ensuring that they meet all qualifying requirements for this position, at the time of application.

All applicants, including City Employees:
Please go to NYC Government Jobs | Explore Careers | City of New York, go to Search for Open Jobs, and type in the Job ID # listed above. Submit job application as prompted. Do not apply via Employee Self-Service (ESS), e-mail, mail, or fax your resume to DDC directly.

COMMUNITY COORDINATOR - 56058

Qualifications

1. A baccalaureate degree from an accredited college and two years of experience in community work or community centered activities in an area related to the duties described above; or
2. High school graduation or equivalent and six years of experience in community work or community centered activities in an area related to the duties as described above; or
3. Education and/or experience which is equivalent to "1" or "2" above. However, all candidates must have at least one year of experience as described in "1" above.

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

$70000 / YEARLY (est.)
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$60000K
$80000K

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What You Should Know About Revenue Analyst, City of New York

If you’re looking to join a dynamic team that plays a pivotal role in New York City’s infrastructural projects, the NYC Department of Design and Construction is hiring a Revenue Analyst! Located in the heart of Long Island City, NY, this full-time position offers a unique opportunity to work closely with utility companies and help facilitate crucial payment reimbursements based on important contracts. As a Revenue Analyst, you will dive into the details, analyzing payment histories and ensuring accurate billing for joint bid projects and Resident Engineering Inspection projects. Your keen eye for detail will aid in preparing invoices tied to construction projects, while your analytical skills will help you create comprehensive billing summaries and manage cash receipts processes. In this role, you'll also collaborate with various agencies, responding to inquiries with professionalism and timeliness. NYC DDC values diverse perspectives, and they welcome applicants who bring unique experiences to the team. This position requires a baccalaureate degree with two years of relevant experience, or an equivalent combination of education and experience. This is not just a job; it's an opportunity to be part of a team that makes a tangible impact on the city’s infrastructure while fostering your professional growth. Join us and contribute to the vibrant future of New York City!

Frequently Asked Questions (FAQs) for Revenue Analyst Role at City of New York
What are the main responsibilities of a Revenue Analyst at NYC Department of Design and Construction?

As a Revenue Analyst at NYC Department of Design and Construction, your main responsibilities will involve facilitating payment reimbursements from utility companies based on contracts, preparing bills for joint bid projects, and managing all related documentation. You'll also analyze payment histories, prepare invoice summaries, and handle cash receipts, ensuring accuracy in revenue sources.

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What qualifications are required for the Revenue Analyst position at NYC DDC?

For the Revenue Analyst position at NYC Department of Design and Construction, candidates should possess a baccalaureate degree from an accredited college, along with two years of experience related to community work and financial analysis. Alternatively, a high school diploma with six years of related experience is also acceptable. A minimum of one year of relevant experience is required.

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How does the Revenue Analyst position contribute to NYC DDC's projects?

The Revenue Analyst position at NYC Department of Design and Construction plays a critical role in ensuring that financial aspects of construction projects are tracked and billed accurately. By analyzing data and preparing invoices, the Revenue Analyst helps secure funding needed for utility interference work and ensures compliance with contractual obligations, thereby facilitating smooth project execution.

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Is experience in financial analysis necessary for the Revenue Analyst role at NYC DDC?

Yes, experience in financial analysis is essential for the Revenue Analyst role at NYC Department of Design and Construction. Candidates should have a strong background in examining payment histories, preparing financial summaries, and managing billing processes to effectively contribute to the fiscal oversight of city projects.

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What is the work environment like for a Revenue Analyst at NYC Department of Design and Construction?

Working as a Revenue Analyst at NYC Department of Design and Construction means being part of a collaborative and inclusive team. The workplace values diversity and focuses on creating an environment free from discrimination, providing employees with the opportunity to contribute actively to essential city projects while fostering their professional growth.

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Common Interview Questions for Revenue Analyst
Can you describe your experience with financial analysis relevant to the Revenue Analyst role?

Highlight specific experiences where you analyzed financial data, prepared invoices, or managed billing processes. Explain how your analytical skills have led to accurate financial reporting and improved revenue tracking.

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How do you handle discrepancies in billing or payment histories?

Discuss your approach to identifying discrepancies, including steps you take to investigate issues, communicate with stakeholders, and resolve conflicts professionally to ensure that financial records are accurate.

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What tools or software are you proficient in for financial management and reporting?

Share any software you've used, such as Excel, financial management systems, or other tools for tracking revenue. Provide specific examples of how these tools have assisted you in your previous roles, demonstrating your technical skills.

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Why do you want to work as a Revenue Analyst for NYC Department of Design and Construction?

Express your enthusiasm for public service and infrastructural development. Mention how your skills align with the team’s mission and how you can contribute positively to NYC's ongoing projects.

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How do you prioritize tasks when managing multiple projects?

Describe your strategy for task management, such as setting deadlines, assessing urgency, and employing organizational tools. Providing real-world examples can demonstrate your effectiveness in multitasking.

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Can you explain how you ensure accuracy in your financial reports?

Discuss your attention to detail and the review processes you implement to double-check data accuracy and consistency. Mention methods like peer reviews or systematic checks that ensure high standards.

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What steps do you take to stay updated on industry regulations and practices?

Talk about attending workshops, engaging in relevant networks, or subscribing to financial journals. Highlight any recent changes in regulations affecting revenue streams that you are aware of and how you adapt to them.

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Describe a challenge you've faced in a financial analysis role and how you overcame it.

Provide a specific example of a challenge, detailing the situation, what actions you took, and the outcome. This highlights your problem-solving skills and your ability to cope with pressure.

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How would you approach preparing a billing summary for a joint bid project?

Outline your methodology for gathering project details, analyzing item quantities, and calculating totals. Emphasize the importance of accuracy and supporting documentation in the preparation process.

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What role does communication play in the work of a Revenue Analyst?

Discuss how effective communication with various stakeholders, including utility companies and other agencies, is key to resolving issues, gathering necessary information, and ensuring clarity in financial reporting.

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DATE POSTED
April 17, 2025

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