Vice President, Financial Planning and Analysis

Position Overview: The Vice President, Financial Planning & Analysis leads NYCEDC's financial planning and analysis function and is responsible for the development and maintenance of the Corporation's annual operating budget, rolling 5-year Financial Plan, mid-year reforecast, and financial modeling that support executive decision-making and long-term fiscal sustainability. Reporting to the Executive Vice President of Finance, the Vice President partners closely with senior leadership and departments across the organization to develop financial strategies, evaluate funding needs, and provide analysis that supports sound financial management. The role also leads the FP&A team and drives continuous improvements to budgeting, forecasting, reporting, and financial planning processes. 

Essential Duties and Responsibilities:

• Lead the preparation and maintenance of NYCEDC’s rolling 5-year Financial Plan, annual budget and mid-year reforecast cycles. 
• Provide financial modeling and scenario analysis to support strategic corporate decision-making. 
• Build strong cross-functional partnerships to promote collaboration, transparency, and effective financial planning across the organization. 
• Establish financial projections and monitor and present budget-to-actual performance reports to senior management. 
• Develop financial models and dashboards to track, organize and report on initiatives and key projects. 
• Partner with senior management to develop funding strategies for initiatives and create operational budgets funded with corporate resources.  
• Analyze and make recommendations on budget requests and allocations. 
• Review, analyze and guide the approval process for NYCEDC-managed property budgets, working in close partnership with the Asset Management Division. 
• Advise on financial aspects of investments, loans and other transactions made by NYCEDC’s Strategic Investment Group and Real Estate Transactions team, considering policy and program goals. 
• Continuously improve budgeting and reporting frameworks, tools and processes. 
• Update internal systems with budget information and periodically reconcile project and operating budgets. 
• Work with project teams and the other departments within Finance to correct any discrepancies. 
• Review project contracts to determine appropriate funding sources based on the approved financial plan. 
• Develop and maintain relevant financial data for NYCEDC affiliated entities. 
• Coordinate with the City’s Office of Management & Budget (OMB) and other City agencies regarding funding of Mayoral initiatives (as needed).  
• Other duties as assigned. 

Qualifications:

• Bachelor’s degree in Finance, Business Administration, Accounting or a related field. 
• 7+ years of experience in budgetary planning or management, financial analysis, financial modeling and multi-year projections (3+ years in a nonprofit environment preferred). 
• Proven leadership skills, including at least 5+ years of experience directly managing a team. 
• Demonstrated communication skills including verbal, written, and presentation. 
• Proven analytical, critical thinking, and quantitative skills including the ability to develop and evaluate financial models and pro-formas.  
• Ability to understand strategic objectives while managing detailed execution. 
• Comfortable interfacing with and presenting to senior officials and management. 
• Proficiency in Microsoft Excel and PowerPoint; experience with accounting software programs. 
• NYC residency is required within 180 days of hire.