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Analyst - INTERFUND AGREEMENTS - Job Opportunity at OFFICE OF MANAGEMENT & BUDGET

Manhattan, US
Full-time
Mid-level
Posted: March 12, 2025
On-site
USD 84,257 - 95,208 per year

Benefits

Public Service Loan Forgiveness Program
Comprehensive government benefits package
Career stability and advancement opportunities
Pension plan eligibility
Public service loan forgiveness eligibility

Key Responsibilities

Manage Inter-Fund Agreements (IFA) revenues for city agencies with $700M+ annual budget oversight
Coordinate CityTime and IFA processing enhancements across agencies
Evaluate capital projects and budget allocations
Develop and maintain financial reporting systems using Crystal Reports and SQL
Monitor compliance with Directive 10 and GAAP regulations
Conduct financial analysis and budget forecasting
Process Personnel Action Requests (PAR) and maintain agency rosters

Requirements

Education

Bachelor's degree required, Master's degree preferred in Business, Public Policy Administration, Finance, Economics or related field

Experience

3-4 years minimum full-time experience in budgetary planning/management, financial analysis, or public policy analysis

Required Skills

Capital budgeting Database management MS Access SAP Crystal Designer SQL Financial analysis Budget forecasting CityTime FMS NYCAPS InfoAdvantage ODBC Interpersonal skills
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Sauge AI Market Intelligence

Industry Trends

Public sector digital transformation is driving increased demand for analysts with modern financial systems expertise. Growing complexity in municipal finance requires sophisticated understanding of inter-agency fund management. Rising focus on fiscal transparency and accountability in government spending creates need for advanced reporting capabilities. Increased adoption of enterprise systems in government sectors necessitates technical skills alongside traditional financial expertise.

Salary Evaluation

The offered salary range is competitive for public sector financial analysts in NYC, aligned with market rates for similar roles requiring technical expertise. Private sector equivalents typically range from USD 90,000-120,000.

Role Significance

Typically part of a specialized unit of 5-10 professionals managing inter-agency financial operations.
Mid to senior-level position with significant responsibility for financial oversight and systems management. Role involves both independent work and team leadership.

Key Projects

Implementation and optimization of financial management systems Development of automated reporting solutions Inter-agency budget reconciliation projects Financial compliance initiatives Process improvement and automation projects

Success Factors

Strong technical aptitude combined with deep understanding of public sector financial operations Ability to bridge communication between technical and financial stakeholders Excellence in both independent work and team collaboration Strong attention to detail while maintaining strategic perspective Ability to manage multiple competing priorities in a complex organizational environment

Market Demand

High demand, particularly in public sector financial management roles requiring both technical and analytical skills. The combination of financial expertise and systems knowledge makes this role increasingly valuable.

Important Skills

Critical Skills

Financial systems expertise: Essential for managing complex inter-agency transactions Technical reporting skills: Critical for maintaining transparency and accuracy Process analysis: Key for improving operational efficiency Communication skills: Vital for cross-agency coordination

Beneficial Skills

Project management capabilities Change management experience Data visualization expertise Process automation knowledge

Unique Aspects

Rare combination of technical system management and financial analysis responsibilities
Direct impact on city-wide financial operations
Opportunity to influence municipal financial systems and processes
Exposure to complex inter-agency financial relationships

Career Growth

Typical progression to senior roles within 2-3 years, management positions possible within 4-5 years given strong performance

Potential Next Roles

Senior Budget Analyst Financial Systems Manager Deputy Director of Financial Operations Budget Director Financial Operations Manager

Company Overview

OFFICE OF MANAGEMENT & BUDGET

The Mayor's Office of Management and Budget serves as NYC's chief financial agency, managing and overseeing the city's expense and capital budgets across approximately 90 agencies.

Premier municipal financial management organization with significant influence on city operations and policy implementation.
Central role in New York City's financial operations with broad impact across all municipal agencies.
Professional government environment emphasizing accuracy, compliance, and systematic approaches to financial management.
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