Financial Analyst
COMMUNITY RENEWAL TEAM INC Hartford, Connecticut, United States · $46K–$64K/yr
Non-profit Organizations · 501-1,000 employees
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About the role
Monitor and analyze budgets for assigned programs and grants, prepare forecasts and variance explanations, and report financial results to program managers and funders. Support billing, budget revisions, grant monitoring, audits, and monthly, quarterly, and annual closing activities, including journal entries and account reconciliations.
What they look for
Requirements
An associate degree in accounting, finance, economics, or business administration and at least two years of related experience are required; a bachelor's degree is preferred. Candidates should know generally accepted accounting principles and fund or governmental accounting, be proficient with financial software and advanced Microsoft Excel and Word, and demonstrate strong communication, customer service, organizational, confidentiality, and multitasking skills.
Benefits
Full description
Job Details: Level: Entry, Job Location: 555 Windsor Street - Hartford, CT, Position Type: Full Time, Education Level: 2 Year Degree, Salary Range: $22.34 - $30.58Hourly, Travel Percentage: Yes, travel required, Job Shift: Day, Job Category: Accounting, JOB DESCRIPTION POSITION TITLE: Financial Analyst DEPARTMENT: Finance FLSA STATUS: Non-Exempt PAYGRADE: 9 REPORTS TO: Financial Analysis Manager GENERAL DESCRIPTION OF DUTIES The Financial Analyst is responsible for financial monitoring and analysis of the approved budget, monthly revenue recognition entries, applicable reporting to the funding source, and assistance in the preparation of annual budgets for assigned programs and grants. SPECIFIC DUTIES AND RESPONSIBILITIES ESSENTIAL JOB FUNCTIONS The list of essential functions, as outlined herein, is intended to be representative of the tasks performed within this classification. It is not necessarily descriptive of any one position in the class. The omission of an essential function does not preclude management from assigning duties not listed herein if such functions are a logical assignment to the position. Responsible for providing financial projections, budget variance explanations, and forecasting to Program Managers on a monthly basis. Verify all budgeted expenses (salary, fringe, occupancy and direct expense line items) on a monthly basis against the actual expenses and summarize results in monthly scheduled meetings with Program Managers to ensure grants are on track, data is accurately reported and make recommendations to Program Managers for budget line adjustments. Ensure proper billing is reported in connection with the monthly financial closing and work with the Accounting Manager and Controller to ensure collection of assigned funds occurs. Maintain financial program electronic files for assigned programs. Complete all required financial reports to funder based on scheduled due dates as listed in the executed grant contracts. Conduct budget analysis in preparation of completing budget revisions. Review and prepare budget modifications and request revisions to efficiently use all funds before the program fiscal year/contract period ends. Assist with Funder’s monitoring visits. Assist with annual audit and closing of funds. Assist with monthly, quarterly, and annual closing processes. Prepare journal entries and reconcile general ledger and subsidiary accounts. ADDITIONAL JOB FUNCTIONS Perform all other duties as assigned. MINIMUM TRAINING AND EXPERIENCE Education: Associate degree in Accounting, Finance, Economics or Business Administration required. Bachelor degree preferred. Experience: A minimum of two (2) years of related experience. Knowledge of Generally accepted accounting practices and principles, Fund or governmental accounting practices and principles. Demonstrated Skills: Ability to use financial software and MS Office skills with advanced skills in MS Excel and MS Word. Must have excellent oral and written communication skills, customer service and organizational skills. Must exercise confidentiality and educated judgment to perform projections. Demonstrated ability to multitask and be proactive. ADA COMPLIANCE Physical Ability: Tasks involve the ability to exert very moderate physical effort in light work, typically involving some combination of stooping, kneeling, crouching and crawling, and which may involve some lifting, carrying, pushing and/or pulling of objects and materials of moderate weight (12-20 pounds). Sensory Requirements: Some tasks require visual perception and discrimination. Some tasks require oral communications ability. Environmental Factors: Tasks are regularly performed without exposure to adverse environmental conditions, such as dirt, dust, pollen, odors, wetness, humidity, rain, fumes, temperature and noise extremes, machinery, vibrations, electric currents, traffic hazards, animals/wildlife, toxic/poisonous agents, violence, disease, or pathogenic substances. Qualifications: MINIMUM TRAINING AND EXPERIENCE Education: Associate degree in Accounting, Finance, Economics or Business Administration required. Bachelor degree preferred. Experience: A minimum of two (2) years of related experience. Knowledge of Generally accepted accounting practices and principles, Fund or governmental accounting practices and principles. Demonstrated Skills: Ability to use financial software and MS Office skills with advanced skills in MS Excel and MS Word. Must have excellent oral and written communication skills, customer service and organizational skills. Must exercise confidentiality and educated judgment to perform projections. Demonstrated ability to multitask and be proactive. Benefits Competitive salary Medical, dental, and vision insurance Paid time off and holidays Retirement plan with employer contribution Employee assistance program Professional development opportunities Life insurance and other voluntary benefits
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