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Review Vacancy

Date Posted 11/27/23

Applications Due12/15/23

Vacancy ID144789

AgencyEnvironmental Facilities Corporation

TitleFinancial Analyst I (Equity Finance)

Occupational CategoryFinancial, Accounting, Auditing

Salary GradeNS

Bargaining UnitNone listed

Salary RangeFrom $63266 to $72000 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Unclassified Service

Travel Percentage 5%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County Albany

Street Address 625 Broadway

7th Floor

City Albany

StateNY

Zip Code12207

Minimum Qualifications Qualifications

A Bachelor’s Degree in Finance, Economics, Mathematics, Business, or a related field, or an equivalent combination of education and experience sufficient to successfully perform the essential duties of the job, as determined by the Corporation.

Knowledge/Skills

A successful applicant will demonstrate:

• Strong analytical and problem-solving abilities with careful attention to detail and accuracy

• Self-motivation and the ability to work independently

• Excellent organizational and time management skills with the ability to manage multiple tasks within prescribed deadlines

• Knowledge of mathematical and financial concepts and the ability to work with numerical data requiring accuracy

• Experience working in a fast-paced environment with time-sensitive work products

• Ability to adhere to protocols, contribute to process improvements, and identify and assess operational risks

• Experience in analyzing budgets, financial statements, and audit reports

• Excellent written and oral communication skills and an ability to interact with people of diverse backgrounds and experiences in a professional manner

• Proficiency with Microsoft Office products including Word and Excel, and the ability to work with a database. Should be experienced with Excel formulas, sorting, and filtering, and designing and using spreadsheets

• Strong technical assistance and presentation skills

Duties Description Position Description

The Financial Analyst is responsible for the development and disbursement of State Revolving Fund (SRF) project financings. The analyst works with clients as part of a team to review and determine clients’ financial needs and undertakes the development of SRF financial assistance packages. The analyst will perform tasks such as: determining proper finance sizing and debt service specifications, structuring debt in accordance with local finance law, credit analysis and monitoring, preparation of financing documents, as well as reviewing documentation and disbursing funds.

Essential Duties

• Work collaboratively within the Finance and Accounting division and with other EFC divisions, including legal, engineering, and compliance, to facilitate the execution of financing agreements with municipalities to enable them to complete water quality projects.

• Evaluate client financing needs, often in the context of prior borrowing and other sources and uses of funds. Develop financing packages for clients, which may involve researching and preparing options that best meet clients’ needs while complying with regulations and program guidelines.

• Evaluate loan and/or grant applications and collect and analyze all financing-related information.

• Establish and maintain working relationships with municipal officials and their consultants. Provide consistent and superior client service from initial project planning to completion.

• Analyze the economic and financial condition of SRF applicants and prepare a written credit assessment with supporting financial information.

• In coordination with other EFC Divisions, manage aspects of assigned projects through EFC’s internal processes while ensuring that all relevant information has been presented accurately.

• Verify that adequate and eligible documentation has been submitted to support the disbursement of project funds. Maintain database records for all invoices, contracts, agreements, and change orders submitted in support of disbursement requests, refinancings and the overall plan of finance.

• Participate in Community Assistance Team events. Teams provide on-site and virtual consultations to help communities across the state begin project planning, submit funding applications, and see projects through to completion.

Working Conditions and Physical Abilities

Work is performed in an office setting, with prolonged periods of sitting and fine manipulation skills required for computer use.


Additional Comments The New York State Environmental Facilities Corporation (EFC), a public benefit corporation, aids local governments and other eligible applicants throughout New York State to undertake critical water quality infrastructure projects by providing access to low-cost financing, grants, and expert technical assistance.

EFC is committed to building and nurturing an inclusive workplace that strives for respect and promotes and values diversity. We believe that organizations that are diverse in age, gender identity, race, sexual orientation, physical or mental ability, ethnicity, and perspective, or any other trait that makes an individual unique, are proven to be better organizations.

To support our employees, EFC provides an outstanding benefits package similar to those offered to New York State employees. Our total compensation package includes, but is not limited to, leave benefits (Paid Parental Leave, 13 holidays and paid vacation, sick, and personal leave); a comprehensive health insurance program including medical, prescription drug, dental, and vision plans; and membership in the NYS and Local Retirement System.

In compliance with Public Law 99-603, candidates selected for appointment must provide, within three (3) business days of the employee’s first day of employment, an original copy of documentation proving citizenship and/or legal right to work in the United States.

It is the policy of the State of New York and EFC to provide for and promote equal opportunity employment, compensation, and other terms and conditions of employment without discrimination on the basis of age, race, color, religion, physical or mental ability, national origin, gender, sexual orientation, veteran or military service member status, marital status, domestic violence victim status, genetic predisposition or carrier status, or arrest and/or criminal conviction record, unless based upon a bona fide occupational qualification or other exception.

It is the policy of EFC to provide qualified persons with disabilities an equal opportunity to participate in and receive the benefits, services, programs, and activities of EFC, and to provide such persons with reasonable accommodations and reasonable modifications as are necessary, to enjoy such equal opportunity, including accommodations in the recruitment process. Further, it is the policy of EFC to provide reasonable accommodation for religious observers.

It is the policy of EFC to provide reasonable accommodation to ensure effective communication of information to individuals with disabilities. If you need an auxiliary aid or service to make this information available to you, please contact EFC’s Human Resources Office at (518) 486-9267.

Pursuant to Executive Order 161, no State entity, as defined by the Executive Order, is permitted to ask, or mandate, in any form, that an applicant for employment provide their current compensation, or any prior compensation history, until such time as the applicant is extended a conditional offer of employment with compensation. If such information has been requested from you before such time, please contact the Office of Employee Relations at (518) 474-6988 or via email at info@oer.ny.gov.

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

Name Human Resources

Telephone 518-402-6924

Fax

Email Address humanresources@efc.ny.gov

Address

Street 625 Broadway

City Albany

State NY

Zip Code 12207

 

Notes on ApplyingApplication Requirements and Related Information

Candidates interested in joining our team should apply by using the green "Apply for This Job" link available at https://nysefc.bamboohr.com/careers/41?source=aWQ9MjI%3D

Salary will be based upon experience and qualifications, as well as market and business considerations.

Employees may request to telecommute up to two days per week after the completion of their training period.

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