Financial Analyst

Job description

Position Overview The Financial Analyst is responsible for preparing monthly and quarterly general ledger account reconciliations and variance analysis. This position is responsible for understanding and explaining budget variances and preparing reclassification journal entries when needed to correct cost center allocation and account coding. HOURS: Full time, 37.5 hours per week DUTIES/RESPONSIBILITIES: - Monday - Friday; 9:00am – 5:30pm - Preparation of standard monthly journal entries to assist in monthly closing process. - Prepare monthly reports and analyses of the agency's operating expense performance compared to budget. - Monitor expenditures and provide supporting spending analysis of major open purchase orders and projects. - Forecast expenditures and perform financial analysis as needed, including year-end projections updated monthly. - Prepare expense allocation schedules and ensure they reflect actual allocation of resources to respective programs and departments and adhere to funders’ preferred allocation methodology. - Make recommendations for planning and corrective actions, with the goal of minimizing end of year surpluses and avoiding deficits. - Assist the Direct...