NJ TRANSIT | New Jersey
Principal Budget Analyst
Role summary
The Principal Budget Analyst is responsible for overseeing and managing the budgeting process within an organization. They analyze financial data, forecast future budget needs, and provide recommendations to top management regarding budgetary decisions. They collaborate with various departments to gather information, develop budgetary guidelines, and monitor spending. The Principal Budget Analyst also prepares reports and presentations to communicate budgetary information, identify areas of i...
Job description
Move forward with us! At NJ TRANSIT, you'll join us in transforming the third-largest transportation agency in North America. We are committed to delivering safe, reliable service that gets customers to their destinations on time–and we're looking to hire talented folks with a commitment to excellence to make it all possible.
Roles and Responsibilities: Develops, coordinates and prepares NJ TRANSIT’s annual zero-based consolidated Operating Budget for Bus Operations and Rail Operations to ensure adequate funding for all planned expenditures. Reviews and analyzes Bus Operations and Rail Operations monthly performance against budget, utilizes multiple databases to research details/explanations for variances, and provides recommendations regarding budget threats and solutions. Develops, manages and initiates reports for use by management and departments within the corporation. Researches, recommends and implements necessary data base modifications. Performs and supervises complex technical and financial analysis and special projects such as labor contract analysis, cost reduction programs, ridership trend analysis, and impact of capital program to assess potential financial/budgetary impacts and recommend and implement necessary data base modifications. Performs all related Operations Budget Office responsibilities relative to the eP position control system. Develops the Monthly Headcount/Vacancy Reports. Research and compiles data in response to information requests from OPRA, State agencies, sister-transportation agencies/authorities, and internal/executive management.
Knowledge and Skills: At least five years of experience in Financial Analysis, Budget Development, Finance or Accounting. Knowledge of Microsoft Office components is required. Knowledge of Access and Oracle is strongly desired, while knowledge of ePersonality (HR system) is desired. Education, Experience and Qualifications / KNOWLEDGE & SKILLS REQUIRED: Bachelor’s Degree in Finance, Accounting, Business Administration or related area
At NJ Transit you will enjoy a competitive salary and excellent benefits package: Comprehensive Family Health Insurance – Medical, Prescription, Dental, Vision Flexible Spending Account Life Insurance Paid Leave Tuition Assistance Pre-Tax Commuter Benefits Plan
Retirement Plans: 401(a) - Retirement plan with a 6% employer contribution 401(k) - Retirement saving plan with up to an 3% company match 457(b) - Deferred Savings Plan At NJ TRANSIT, diversity and inclusivity are vital to our success as we are committed to hiring individuals from diverse backgrounds, experiences, abilities, and veteran status. As an Equal Opportunity Employer, we encourage all qualified applicants to apply and join our team. Learn more about NJ TRANSIT! Sign up to receive an invitation to our next live information session at WWW.NJTRANSIT.COM/BEST