Director, Capital Budgets at BROOKLYN NAVY YARD DEVELOPMENT CORP

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Apr, 26

Salary

140000.0

Posted On

04 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Planning, Budgeting, Analytical Skills, Communication Skills, Microsoft Office Suite, Real Estate, Project Management, Compliance, Problem Solving, Stakeholder Management, Contract Registration, Tableau, Yardi, Integrity, Strategic Thinking, Quantitative Skills

Industry

Non-profit Organizations

Description

Job Details Job Location: Brooklyn Navy Yard - Brooklyn, NY 11205 Salary Range: $120,000.00 - $140,000.00 Salary/year Job Title: Director, Capital Budgets Employment Status: Exempt Department: Finance Reports To: Chief Financial Officer, EVP Summary The Brooklyn Navy Yard Development Corporation (BNYDC) is a not-for-profit corporation that serves as the real estate developer and property manager of the Yard on behalf of its owner, the City of New York. BNYDC strives to provide an environment in which innovative companies can take root and grow. The Director will work to achieve the strategic financial goals of the organization. They will establish and manage effective planning processes for capital budgets, including regular and ongoing communications with governmental, institutional and internal stakeholders. This role is responsible for maintaining compliance with New York City’s Office of Management and Budget (OMB) requirements. Areas of Responsibility Partner with business stakeholders to improve and execute BNYDC’s annual, quarterly and ad hoc capital budget processes Develop and track short and long-range capital budgets, ensuring organizational adherence to said budgets, scope, and deadlines Prepare capital budget reports for internal management Prepare budget documents, coordinate budget exercises with other departments, and compile submissions to the OMB Prepare and submit Certificates to Proceed (CPs) applications to the OMB Maintain knowledge of all capital projects, identify problem areas and recommend solutions Oversee project budget documentation such as regular updates, payments, contracts, amendments, change orders, registrations, insurance and various compliance items Update internal systems with budget information and periodically reconcile project and capital budgets. Work with project teams and finance to correct any discrepancies Manage the efficient and timely registration of approved contracts with NYC’s Controller through the Department of Small Business Services (SBS) Coordinate contract registration activities and documents for assigned projects and programs. Collaborate with multiple stakeholders, including project managers, senior management, and other City agencies Work with Leasing and Property Management to build a capital budget for redeveloping unoccupied premises Continuously improve budgeting and reporting frameworks, tools, and processes Perform other job-related duties as assigned The above duties and responsibilities are not intended to limit specific duties and responsibilities of this position. It is not intended to limit in any way the authority of supervisors to assign, direct and control the work of employees under their supervision. Required Skills and Abilities Knowledge of New York City capital budget process and contract registration Strong experience in financial planning and budgeting Strong experience with Tableau and/or similar business intelligence reporting tools with exceptional analytical and quantitative skills A demonstrable knowledge of New York City government and related agencies Proactive; comfortable working independently and across disciplines and departments Experience modeling complicated real estate transactions a plus Ability to think strategically while staying focused on tactical and operational issues Highest degree of personal and professional integrity; ability to use discretion and good judgment in handling confidential information Strong written and verbal communication skills Proficiency in Microsoft Office Suite Experience with Yardi or similar real estate financial software preferred Qualifications Bachelor’s degree in accounting or finance required, master’s degree preferred 7-10 years of experience in financial management, resource planning, financial analysis and/or budget development Relevant experience in real estate budget planning preferred Experience registering contracts using the City’s Financial Management System (FMS2 and FMS3) preferred

Responsibilities

The Director will manage capital budgets and ensure compliance with New York City’s Office of Management and Budget requirements. They will partner with stakeholders to improve budget processes and oversee project budget documentation.