Job Description
The Senior Associate supports the development and maintenance of the annual commonwealth fiscal plan and its quarterly updates. This role assists in the analysis and preparation of the fiscal plan documents and quarterly reports in collaboration with FOMB advisors, fiscal agencies, and external advisors. The Senior Associate also plays a supportive role in the implementation of financial technology initiatives such as ERP systems, time and attendance solutions, and cybersecurity efforts. Additionally, this position aids in professional development efforts by assisting in the coordination of training programs for fiscal agencies.
- Assist Senior Manager and Director in aligning team strategies with FOMB’s mission.
- Organize and attend meetings with stakeholders, advisors and fiscal agencies to track progress and address challenges.
- Prepare accurate reports and presentations for senior leadership.
- Collaborate with Senior Manager and advisors to ensure timely completion of initiatives.
- Serve as liaison among advisors, fiscal agencies, and leadership for project updates.
- Assist with data collection and analysis to inform decision-making.
- Aid in developing and maintaining the annual fiscal plan.
- Liaise between FOMB advisors and the state’s fiscal management team.
- Review financial model outputs and suggest improvements.
- Provide quarterly updates on revenues, expenditures, and cash balances.
- Support ERP system implementation in central government.
- Assist in rolling out time and attendance solutions.
- Contribute to cybersecurity efforts for financial data.
- Organize professional development programs for fiscal agencies.
- Support training sessions on budget formulation, capital planning, procurement, and federal funds management.
- Help prepare reports and updates for senior management.
- Track training program effectiveness and suggest improvements.
- Ensure compliance with fiscal management regulations.
Key Relationships
Internal Relationships
Daily contact with the Directors, and staff to achieve the objectives of PROMESA.
External Relationships
Frequent contact with advisors, government agencies, attorneys and other stakeholders as needed.
Supervisory responsibilities
This position does not involve supervisory responsibility.
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 to 4 years of experience in experience in public sector finance, budgeting, fiscal planning or related area.
- Demonstrated experience supporting financial reforms or public sector projects, preferred
- Previous experience in:
- Working with the local or federal government
- Federal funding requirements
- Budget development
- Business processes
- Understanding of cyber security protocols and best practices in network and data security
- Presenting to high-level management
- Good project coordination skills and ability to work with multiple stakeholders.
- Ability to perform financial data analysis and assist in budget formulation.
- Advanced Office Skills (Excel, Word, PowerPoint.)
- Advanced English (excellent speaking and writing 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.
- Ability to work independently, while supporting broader team goals and initiatives.
- Analytical thinking, with the ability to assist in identifying challenges and supporting solutions.
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.