Job Details
Qualifications
- Analysis skills
- Associate's degree
- Bachelor's degree
- Financial analysis
- High school diploma or GED
- Master's degree
- Microsoft Excel
- Microsoft Powerpoint
- PeopleSoft
Benefits
- 401(k)
- Dental insurance
- Flexible spending account
- Health insurance
- Loan forgiveness
Job Description
Salary
$61,580.00 - $85,000.00 Annually
Location
45 High Street, Boston
Job Type
Full-Time
Remote Employment
Flexible/Hybrid
Job Number
23-19564
Department
MBTA - Budget
Area
021-Budget Administration
Opening Date
07/31/2023
Closing Date
8/14/2023 11:59 PM Eastern
Union Affiliation
Executive
Safety Sensitive
This is not a Safety Sensitive Position.
Essential Classification
This is a non-essential classification.
At the MBTA, we envision a thriving region enabled by a best-in-class transit system. Our mission is to serve the public by providing safe, reliable, and accessible transportation. MBTA’s core values are built around safety, service, equity, and sustainability and each employee that works for the MBTA performs their roles based on our vision, mission, and values. This includes attendance, participation, and contribution in local safety committee meetings as needed.
Job Summary
The Budget and Labor Analyst provides financial reporting and analysis in the support of the Authority’s Operating Budget. The Budget and Labor Analyst supports the development, preparation, evaluation and submittal of the annual operating budget of the MBTA for approval by the MASSDOT Board of Directors and Fiscal Management and Control Board. The Budget and Labor Analyst will monitor and track spending of the Authority's annual operating budget; create forecasts and projections; present reports, recommendations, or findings to senior staff; implement and maintain various planning, control reporting mechanisms and presentations related to the Authority's operating budget and capital plans; coordinate projects among the analyst team; and prepare statistical and background data for labor negotiations and interest arbitration.
Duties & Responsibilities
Work with the Sr Budget Director, DCFO, CFO, budget and finance teams to track, analyze, and report on budget trends and variances
Coordinate projects among the budget team that impact all operating departments
Support cross-functional projects and functions among the broader finance group
Manage and develop data and relevant key performance indicators (KPIs)
Perform special studies and participate in projects related to budget, revenue, personnel, and management decisions
Develop analysis, recommendations and decisions regarding staffing levels, subcontracting, outsourcing, and purchasing including interpretation and impact on collective bargaining agreements
Develop and implement MBTA policies
Maintain all aspects of the operating budget on the Authority's Financial Information Management Systems (PeopleSoft)
Edit, revise, and maintain a series of custom reports, charts, tables, and presentations to track and monitor departmental and line-item spending
Identify issues that require further analyses (including cost benefit analysis), providing early notice of problem areas at a high level and at the departmental level
Ensure departments conform to their approved budgets and propose efficiencies and cost control measures
Work with department heads and their designated representatives to develop, monitor, and evaluate management plans and practices
Review operating budget requests submitted by various departments and provide analysis and recommendations on these requests and policy issues
Examine and approve purchase requisitions and journal entries in coordination with the accounting office
Develop, maintain, and implement methods of analyzing and modeling financial information, responding to requests for both internal and external data
Respond to inquiries from various constituencies both internal and external in a courteous and professional manner consistent with the Authority's "Driven by Customer Service" quality standard
Adhere to the rules, regulations, collective bargaining agreements (if applicable) and policies of the
Perform related duties and prepare materials for presentations and special projects as assigned
Act as a liaison to encourage use of technological resources and assisting with the training on new systems
Improve various budget related processes and reporting techniques
Perform all other duties and projects that may be assigned
Minimum Requirements & Qualifications
Bachelor’s degree from an accredited institution in business, finance, mathematics, economics, or related field
Two (2) years of experience in budgeting and/or financial analysis, experience with public sector/ and/or transportation industry
Ability to pass a pre-qualification exam in Excel
Effective organizational, analytical, quantitative, multi-tasking and time management skills. Proven proficiency with FMIS (Peoplesoft or other financial systems) and Microsoft applications, including Excel, Word, PowerPoint, and Access
MBTA Excel assessment may be required
Demonstrated knowledge of financial modeling, analysis, and analytics.
Excellent customer service skills
Substitutions Include
Master's Degree from an accredited institution in related field may substitute for the two (2) years of required experience
Associate degree with an additional six (6) years of job related experience
High School diploma with an additional ten (10) years of job related experience
Job Conditions:
Ability to effectively read, comprehend, communicate, and respond to instructions, orders, signs, notices, inquiries, etc. in English
Ability to provide internal and external customers with courteous and professional experiences
Ability to work effectively independently and as part of a team (or supervise, if required)
Ability to uphold the rights and interests of the MBTA while building and maintaining effective relationships with employees and co-workers
Ability to adhere to rules, regulations, collective bargaining agreements (if applicable), and policies of the MBTA, including the EEO, anti-discrimination, anti-harassment, and anti-retaliation policies
Have a satisfactory work record for the two (2) years immediately prior to the closing date of this posting (unless if recent graduate), including overall employment, job performance, discipline, and safety records (infractions and/or offenses occurring after the closing of the posting and before the filling of a vacancy may preclude a candidate from consideration for selection)
Ability to pass a Criminal Offender Record Information (CORI) check, comprehensive background screening, and medical Clinic screening, potentially including a physical examination and drug and alcohol screenings
Ability to work all shifts and / or locations assigned, directed, or necessary for this position, including (for some transit / operations roles) up to twenty-four (24) hours per day, seven (7) days per week as necessary to accommodate severe weather conditions, emergencies, or any other circumstances that may potentially impact service or the safety of service
Disclaimers and Definitions:
General Disclaimer: The statements contained in this job description are intended to describe a summary, general nature, and complexity of typical job functions and do not represent an exhaustive list of all duties, tasks, and responsibilities required of staff assigned to this position.
Work Environment: The physical demands and work environment characteristics described here-in are representative of those an employee may encounter while performing the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions. See job description for role-specific requirements.
Work Eligibility: Although the MBTA is an Equal Opportunity Employer, all employees must be legally authorized to work in the United States for any employer and on an unrestricted basis (the MBTA does not sponsor non-US citizens). However, if you have an unrestricted work authorization, or sponsored by a separate entity, you are welcome to apply for open positions. International students taking part in CPT / STEM / OPT programs through a university are eligible for internships and co-ops with the MBTA. In compliance with federal law, all persons hired will be required to complete a Form I-9 to verify their identity and eligibility to work in the U.S.
Safety Sensitive Positions: Employees working in this classification will be subject to periodic physical examinations plus random drug and alcohol testing.
On-call or 24/7 Positions: Employees working in this classification must be available to respond to page / text / call and report to work as determined by assigned department or the Authority.
Essential / Emergency Staff: During declared "states of emergency," employees working in this classification are required to report to work for their assigned work hours or as directed by management.
ADA Accommodations: The MBTA makes reasonable accommodations for applicants with disabilities. If you require an accommodation during this process, please contact the MBTA's ADA Unit at 617-222-5751 or hradaaa@mbta.com.
Employment Benefits at the MBTAThe MBTA offers comprehensive benefits packages to employees. Types of benefits offered at the MBTA are subject to the union affiliation / Collective Bargaining Agreement (CBA) of the position to which you apply. Benefits that may apply to your position include the following: Insurance: Health, Dental, Vision, Life (basic and supplemental), Long-Term Disability Paid Time Off (PTO): Vacation, Personal Days, Sick Leave, Paid Holidays Retirement: pension or deferred compensation 401(a), plus MBTA contributions Tuition Reimbursement (up to $10,000 per year) Public Service Loan Forgiveness (PSLF) for student loans Commuter Choice Parking Program: pre-tax benefits for parking Flexible Spending Account (FSA): pre-tax benefits for healthcare-related expenses Discounted tickets for concerts, movies, travel / vacation, etc. via TicketsAtWork.com Shopping discounts via GovX.com Verizon and AT&T service discounts And more...The above information is meant to be a general overview of the benefit programs offered by the MBTA. This summary is not a contract and is not meant to change the provisions of union contracts or Authority policy and does not establish a binding past practice. The MBTA is an Affirmative Action/Equal Opportunity Employer