Senior Vice President, Deputy Budget Director

Department Overview: NYCEDC's Budget Department is part of the City Budget & Revenue Division, which also includes the Grants, Contracts and Funding Agreements Departments. The division manages City funding strategy and financial planning to support NYCEDC initiatives and advance the organization's mission of promoting economic growth across New York City.

The Budget Department oversees funding identification, budget planning, and financial coordination for projects and programs across the organization. The team works closely with internal stakeholders and external City agencies to secure, manage, and monitor funding sources while ensuring effective budget implementation and stewardship.

Position Overview: The Senior Vice President, Deputy Budget Director (SVP) reports to the Executive Vice President of City Budget and Revenue and serves as a key leader responsible for aligning NYCEDC's City-funded fiscal needs of the Corporation with available City financial resources. This role focuses on managing all City and grant funding, the development and execution of budget strategy, and funding recommendations for project and program initiatives.

The SVP will provide strategic oversight of both capital and expense funding related activities while leading the Vice President unit heads responsible for these functions, ensuring coordination among project teams, senior leadership, and external stakeholders. This position partners with senior leadership and City agencies to facilitate project funding from planning through implementation, and guides staff in shepherding projects through internal and external processes.

Essential Duties and Responsibilities:

• Lead, develop, mentor, and oversee the Budget Department which includes the Capital Budget and Expense teams.
• Provide oversight of budget authority processes for capital, expense, and grant-funded projects.
• Develop and direct funding strategies for corporate project initiatives across NYCEDC to support organizational priorities and long-term objectives.
• Guide funding allocation decisions to ensure resources are effectively aligned with project priorities and implementation needs.
• Prepare NYCEDC's capital budgets for the Preliminary, Executive, Adoption, and September Plan budgets of NYC.
• Prepare NYCEDC's expense budgets for the Preliminary, Executive, Adoption, and November Plan budgets of NYC.
• Plan and manage a $8 billion capital budget and $100 million expense budget, including coordinating efforts between City Hall, Federal, State, and City agencies.
• Work with the New York City Office of Management & Budget on all funding issues.
• Meet with the President's Office, EVPs, and SVPs to strategize new and ongoing initiatives.
• Work on projects as needed and identified by CFO, Deputy CFO, Head of Finance, or President's Office
• Oversee the department's role in processing all City funded payment requisitions and track spending for all capital projects.
• Assist in the development of presentations for City Council and Borough President budget hearings, participating in the hearings as needed.
• Participate in stakeholder meetings throughout the City.
• Participate in occasional local travel and meetings outside standard business hours, as needed.
• Track hiring and reimbursement agreements for various personnel.
• Develop systems and processes that strengthen accountability and capital program funding and spending
• Other duties as assigned

Qualifications:

• Bachelor's Degree or Equivalent in Business, Finance or Public Administration
• Master's Degree or Equivalent in Business, Finance or Public Administration preferred.
• At least 10 years of experience in budgeting, financial management, project planning and forecasting.
• At least 5 years of experience managing a team.
• Advanced proficiency in the Microsoft Office Suite, especially Excel, Access, and PowerPoint.
• Demonstrated written, verbal, and presentation communication skills.
• Demonstrated analytical, quantitative, and critical thinking skills.
• Strong problem-solving skills with the ability to develop practical and innovative solutions.
• Ability to balance strategic thinking with attention to detail.
• Ability to manage multiple priorities and respond quickly to requests for information.
• Ability to build relationships and communicate effectively with senior leaders and stakeholders.
• Knowledge of New York City budgeting processes and systems, including FMS, Microsoft Great Plains, and MRI preferred.
• Interest in urban infrastructure and economic development initiatives preferred.
• New York City residence is required within 180 days of hire.