Senior Associate - Asset Management more...
Location:New York, NY
Company:New York City Economic Development Corporation
First posted:August 30, 2017 (last updated 30+ days ago)
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Senior Associate - Asset Management

Asset Management Revenue New York, New York

Our Vision : To make New York City the global model for inclusive innovation and economic growth, fueled by the City's diverse people and businesses.

Our Mission : To create shared prosperity across New York City's five boroughs by strengthening neighborhoods and growing good jobs.

The Asset Management Division manages a double-bottom line portfolio of real estate properties and non-traditional assets across all five boroughs of New York City. The division's Transportation Systems group oversees a suite of freight, aviation, cruise, ferry, and maritime assets, moving people and goods with a focus on creating a fair return for the City, promoting economic growth, supporting quality jobs and access to opportunity, and reducing the transportation system's impact on our infrastructure and environment.

Your Role: Reporting to the Vice President of Ferries and Maritime, you will be responsible for daily oversight of the multi-million dollar contract underpinning the New York City Ferry (NYCF) service, a public-private partnership carrying millions of passenger trips per year across six new City-sponsored ferry routes. Playing a pivotal role in this signature new initiative, the NYCF Contract Manager will track the finances and payments associated with the project; ensure contract compliance; and manage effective and organized communications and documentation between EDC and the operator, the public, and other relevant agencies.

Responsibilities:

  • Oversee invoicing and payments for all ferry-related contract matters;
  • Manage the master ferry budget and report weekly on approved, committed, paid, invoiced, accrued monies and variances;
  • Ensure insurance compliance;
  • Monitor other NYCF-related (sub)contracts or costs such as shuttle bus and third-party homeport contracts, third-party time charter agreements, etc.;
  • Handle and coordinate the issuance of ferry landing berthing requests and agreements, including scheduling;
  • Establish and perform document control procedures for all records including contracts, amendments, official correspondence, etc.;
  • Manage system metric reporting for internal City stakeholders, the National Transit Database, and other federally mandated reporting programs;
  • Manage responses to all Freedom of Information requests;
  • Track and manages all requests for information and official correspondence between EDC and the NYCF operator;
  • Other project management responsibilities, as assigned.

Qualifications:

  • Undergraduate degree or equivalent in business administration, finance, real estate management, or a related field.
  • 2-4 years of experience in related industry or profession.
  • Proficient in Microsoft Excel, Word, and PowerPoint.
  • Strong quantitative and problem solving skills.
  • Strong written and oral communication skills, including the ability to present critical information to a wide variety of audiences.
  • Strong attention to detail.
  • Ability to manage multiple projects against tight time lines in a team environment.
  • Valid Driver's License.
  • New York City residency is required within 180 days of hire.

Preferred Qualifications:

  • Master's degree or equivalent in finance, business, real estate management, maritime commerce, transportation, urban planning, public policy or a related field.
  • Highest degree of independent judgement, ability to identify and respond to work and circumstances as required without oversight and the ability to generate and implement new ideas.
  • Previous experience in management of a major services contract.
  • Transportation industry knowledge or strong interest in the transportation industry.
  • Real estate experience in the transportation, logistics, infrastructure or maritime industries.
  • Familiarity with Management Reports International (MRI) software.

About NYCEDC:

The New York City Economic Development Corporation (NYCEDC) is a non-profit organization that reports to the Deputy Mayor for Economic Development and Rebuilding.  The NYCEDC is charged with encouraging economic growth in New York City through a variety of means, including facilitating real estate development, improving infrastructure, attracting and retaining businesses, and conducting economic research and analysis. Additional information on NYCEDC can be found by visiting (please use the apply button below) .


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