Port Authority of NY & NJ Careers

About the Role

The Port Department is seeking a Principal Financial Analyst to join their team. Reporting to the Supervising Financial Analyst and manager, Financial Services.

Responsibilities

• Developing and monitoring the department’s annual revenue budget.
• Preparing and updating the Long-Range Revenue Forecast submission.
• Collaborating with staff in the formulation of projections for all segments of port revenue including tenant leases, space permits, utilities, dockage and wharfage, construction reimbursements and miscellaneous.
• Consolidated revenue forecasts into BudgetPro template.
• Preparing confidential and time sensitive financial and economic analyses.
• Preparing Financial Cost-Benefit Analysis (FCBA) template for department Agenda Items and grant applications.
• Monitoring and reporting on budget variances.
• Reviewing authorization documents to ensure the use of appropriate account codes and compliance with all PA accounting and financial requirements.
• Preparing and monitoring preparation of monthly revenue accruals.
• Providing input into departmental strategic and business planning initiatives.
• Preparing ad hoc financial schedules and analyses upon request

Minimum Qualifications

• Bachelor’s degree in finance, Business Administration, Accounting, Public Administration, or related field from an accredited college or university.
• Minimum of three (3) years’ experience with increased responsibility in accounting or finance at time of appointment to position.
• The selected candidate will be required to pass a Federal Security Background check and obtain a Transportation Workers Identification Credential (TWIC) to work in a maritime environment as required by Department of Homeland Security.

Desired Qualifications

• General knowledge of Port Authority policies and procedures related to the development and submission of Strategic and Department Business Plans.
• General knowledge of policies and procedures related to the Board Process, Operating Budget, and the authorization process (Agenda Items, MJs and MAs).
• Strong financial, analytical and problem-solving skills, with demonstrated experience working with complex spreadsheets.
• Demonstrated knowledge of Port Authority accounting, budgeting, financial and business planning policies and procedures.
• Demonstrated skills required to manage comprehensive analytical projects, and proven ability to set specific timelines and deliverables to achieve goals.
• Demonstrated strong interpersonal skills and the ability to interact effectively with Port Authority staff at all levels, as well as outside agencies and industry representatives.
• Desired proficiency in creating and managing financial dashboards using PowerBI,
• Demonstrated proficiency in the navigation and generation of financial reports in SAP.
• Demonstrated experience with computer software programs, particularly the Microsoft Suite (Excel, Work and PowerPoint) and Port Authority database systems.
• Excellent written, oral, and interpersonal communication skills.

Selection Process

The application process varies by position, but typically includes an initial phone interview for qualified candidates, followed by a more in-depth interview(s) and/or assessment(s). Selected candidates who are made a conditional job offer will be asked to undergo a background check.

Compensation & Benefits

The Port Authority of New York and New Jersey offers a competitive benefits package, hybrid work options for many positions, and a professional environment that supports development and recognizes achievement.

Click here for more information about benefits, our culture, and career development opportunities.