StateJobsNY

NY HELPNo

AgencyEmpire State Development, NYS

TitleDirector, Subsidiary Finance

Occupational CategoryOther Professional Careers

Salary GradeNS

Bargaining UnitNone listed

Salary RangeFrom $82000 to $85000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5:30 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address 633 Third Avenue

City New York

StateNY

Zip Code10017

Minimum Qualifications Education Level required: Bachelor's degree in finance, accounting or related field.
Experience required: Minimum of 5 years' experience in a relevant finance field (i.e., real estate finance, public finance, accounting, budgeting, etc.) including experience managing staff.
Knowledge required: Excellent oral and written communication skills. Superior analytical aptitude. Proficient in MS Office, especially Excel. Experience in creating and analyzing budgets and cash flow projections, reviewing financial statements, and interfacing with all levels of Management. Knowledge of PeopleSoft a plus.

Duties Description BASIC FUNCTION:
Responsible for the financial oversight of all ESD Subsidiaries.

WORK PERFORMED:
· Manage and direct Subsidiary Finance staff in the day-to-day financial oversight of ESD's Subsidiaries.
· Review and pre-approve (on behalf of ESD Finance) the funding sources and financial terms for all items slated for action/approval by the various Subsidiary Boards of Directors.
· Attend all Subsidiary Board meetings and relevant ESD Board meetings.
· Work with Contract Administration to review the validity of funding source(s) and other financial provisions for all Subsidiary funding agreements, major contracts, and development documents.
· Review and manage monthly cash flow worksheets with Subsidiary Finance staff while coordinating and reconciling funding and account balances with the Subsidiaries' staff.
· Assist with the preparation of annual operating and capital budgets, including funding sources, with Sr. Director of Budgeting, Subsidiary Presidents and staff for presentation to their respective Boards.
· Analyze and review Budget Variance reports with Subsidiary Finance staff and Subsidiary staff on a quarterly basis for submission to the ESD Board of Directors.
· Provide general business and financial assistance-/guidance to the Subsidiaries, as needed.
· Serve as liaison between the Subsidiaries and ESD Finance on various financial issues, as needed.
· Review and approve Subsidiary payment requests under $50 thousand for payment processing.
· Special projects and assignments as required.

Additional Comments Position expected to work onsite and/or remote consistent with NYS and ESD guidelines and needs.

Some positions may require additional credentials or a background check to verify your identity.

Name Jane Martinez, Talent and Acquisition Specialist, Human Resources Department

Telephone N/A

Fax N/A

Email Address resumes@esd.ny.gov

Address

Street 633 Third Avenue

City New York

State NY

Zip Code 10017

Notes on ApplyingExternal Candidates, to apply copy and paste URL in browser: https://bit.ly/3APr8cp

Internal Candidates: Please apply through ADP through the Myself/Talent menu

WE ARE AN EQUAL OPPORTUNITY EMPLOYER COMMITTED TO DIVERSITY