Budget Analyst

The New York Foundling•New York, NY

About The Position

At The New York Foundling, we trust in the power and potential of people, and we deliberately invest in proven practices. From bold beginnings in 1869, our New York-based nonprofit has supported hundreds of thousands of our neighbors on their own paths to stability, strength, and independence. We help children and families navigate through and beyond foster care. We help families struggling with conflict and poverty grow strong. We help individuals with developmental disabilities live their best lives, and we help our neighbors access quality health and mental health services—core to building lifelong resilience and wellbeing. Together, our interrelated programs provide a whole-person, whole-family, and whole-life approach that unlocks solutions for a lifetime.

Requirements

Bachelor’s degree or higher in finance, accounting, business administration, public administration, or a related field.
Minimum of 1-3 years experience in government or not-for-profit accounting, contracting or finance.
Proficient in excel, pivot table analysis, PowerPoint, and word, adaptable to new technology.
Strong written and oral communication skills.
Strong organizational and time management skills.
Familiarity with the organization’s mission, values, and strategic priorities to ensure financial decisions support overall goals.

Responsibilities

Assists VP and AVP in budget planning, monitoring and contract management of NYC, NYS, federal and other funding sources.
Liaison between Finance budget and contract billing units and NYF programs to maximize reimbursement and ensure compliance with funding requirements.
Develop contract and other NYF budgets on annual and as-needed basis to ensure alignment with all requirements, contract terms, and New York Foundling financial and programmatic priorities.
Communicate verbally and in writing with internal and external stakeholders to monitor spending and staff cost allocations; maximize funding streams and maintain revenue in alignment with budget projections.
Provide re-estimates and budget updates on a regular basis to CFO, VP and AVP and notify supervisors timely of anomalies and other matters related to contract and budget expectations and compliance.
Communicate regularly with supervisors, funders and program staff to ensure timely and accurate management of contract awards, registrations, renewals and reporting requirements.
Represent Finance in budget preparation and reporting, RFP proposal responses, and revenue maximization exercises.
Identify and recommend process improvements to strengthen budget management, tracking and reporting functions.
Maintain updated tracking of expenditures, including PS and OTPS trends, subcontractor performance and other categories; perform variance analysis comparing actuals to budget and forecasts, identify drivers, and recommend corrective actions; and monitor staff cost allocations to ensure alignment with approved contract budgets and funding requirements.
Analyze expenditure categories and suggest opportunities for budget efficiencies and revenue maximization in line with the Foundling’s mission and goals.