Senior Associate Fiscal Transformation

• Assist the Senior Manager and Senior Director in developing strategies and setting team priorities that align with the overall mission of the Financial Oversight and Management Board for Puerto Rico (FOMB).
• Organize and attend meetings with advisors, agencies, and stakeholders to track project progress, address challenges, and ensure clear communication.
• Prepare detailed reports and presentations for senior leadership on budget reform progress, ensuring accuracy and alignment with established goals.
• Work closely with the Senior Manager and advisors to monitor the implementation of budget reform initiatives, ensuring tasks are completed according to schedule.
• Act as a liaison between advisors, fiscal agencies, and leadership, ensuring continuous and effective communication regarding project updates and fiscal transformation activities.
• Assist with data collection, analysis, and reporting, providing insights and recommendations to inform decision-making.
• Support the reform of Puerto Rico’s budget development process by assisting in data gathering, process documentation, and tracking key milestones.
• Work with the Senior Manager and OMB to ensure new processes and systems are effectively implemented.
• Collaborate with internal teams and external advisors to help develop budget execution policies, ensuring they are practical and scalable.
• Assist in training key personnel at OMB and Treasury to implement policies in a sustainable manner.
• Assist in establishing frameworks that ensure compliance with modified accrual accounting principles.
• Work with advisors to track progress on the adoption of new financial management standards.
• Provide analytical assistance in designing and implementing financial management tools to enhance cash flow monitoring and decision-making, while collaborating with Treasury and OMB to integrate these tools into daily operations.
• Assist the Senior Manager in developing policies for reserve management, including guidelines for usage, replenishment, and monitoring of reserve levels.
• Ensure timely reporting and transparency in the management of public funds.
• Support the creation of policies that guide responsible debt issuance and management, focusing on maintaining sustainable debt levels.
• Assist in Establishing Federal Funds Management Function
• Support Capital Plan Budget Development and Prioritization

To successfully perform this position, an individual must be capable of performing each essential task satisfactorily. The following requirements represent the required knowledge, skills, and/or capacity. Reasonable accommodation may be made to allow individuals with disabilities to perform essential tasks.

• Bachelor’s degree in Finance, Accounting, Public Administration, or related field; advanced degree (MBA, MPA) or Certified Public Accountant license preferred.
• A minimum of 2-4 years of experience in public sector finance, budgeting, capital planning, cash management or related areas.
• Demonstrated experience supporting financial reforms or public sector projects.

• Previous experience in:
  • Working with the local or federal government
  • Federal funding management and grants compliance
  • Budget development
  • Presenting to high-level management

• Knowledge of budgetary principles, fiscal policy, and accounting standards.
• Familiarity with federal fund management and grants compliance preferred.
• Strong data analysis and reporting skills.
• Strong organizational skills, with the ability to manage multiple tasks and meet deadlines.
• Excellent communication and interpersonal skills, capable of working collaboratively with various stakeholders.
• Analytical thinking, with the ability to assist in identifying challenges and supporting solutions.
• Ability to work independently, while supporting broader team goals and initiatives.
• Proficiency in financial software and advanced Excel skills.
• Advanced Office Skills (Word, PowerPoint.)
• Advanced English (excellent speaking and writing skills)

Additional information

Physical Demands

The physical demands described herein represent those to be fulfilled by an employee to successfully perform the essential tasks of this position. Reasonable accommodation may be reached to allow individuals with disabilities to perform essential tasks. While carrying out the tasks of this position, the employee is normally sitting, using his hands to hold or feel and grasp objects; the employee will often stand, walk, talk, and listen. Specific vision skills required for this job include close-up and color vision.

Working environment

The features of the working environment described herein represent those found by the employee while performing the essential tasks of the job. Reasonable accommodation may be made to allow individuals with disabilities to perform essential tasks. While carrying out tasks in this job, the employee is not exposed to the environmental conditions of work. Noise levels in the workplace are generally low.

Health, safety, and environmental requirements

The occupant of this position must strictly comply with all health, safety and environmental policies and procedures and must actively participate in related activities of the organization. The occupant of the position will also be trained in any specific procedures and regulations applicable to the position, if needed. This description is based on a management evaluation made in accordance with the requirements and tasks of the position as of the date of preparation of the description. This description is a general guide for the employees, managers, and colleagues, and does not include an exhaustive list of all elements and details of the job. Management reserves the right to modify this description at any time or change the tasks and responsibilities on a temporary or open-ended basis to meet objectives, timetables and recruiting goals.