Financial Analyst Manager

Aston CarterHartford, CT
$24 - $35Onsite

About The Position

The Financial Analyst Manager oversees all grant-related financial activity for the organization and ensures strict compliance with funder policies and requirements. This role leads a team of Financial Analysts, partners closely with program leadership, and supports the Chief Financial Officer and broader finance leadership in budgeting, reporting, and audits. The position combines hands-on accounting and financial analysis with supervisory responsibilities and plays a key role in maintaining accurate, timely, and transparent financial information for a large portfolio of programs.

Requirements

  • Bachelor’s degree in Accounting, Finance, Economics, or Business Administration, or an equivalent combination of related nonprofit accounting managerial experience.
  • A minimum of five (5) years of related accounting or financial experience, including at least two (2) years in a supervisory capacity.
  • Demonstrated experience in budgeting, including maintaining program budgets and explaining financial information to non-financial stakeholders.
  • Strong financial reporting experience, including managing financial reporting for multiple programs or funding sources.
  • Hands-on accounting experience, including journal entry preparation, account review, and participation in monthly and annual closing processes.
  • Proficiency with financial software, including experience with Blackbaud or similar systems; familiarity with Financial Edge is preferred.
  • Advanced proficiency in Microsoft Excel and Microsoft Word, with the ability to perform complex analyses and create clear financial reports.
  • Proficiency in Windows-based systems and general financial software tools.
  • Knowledge and understanding of Federal and State laws governing funding and grant compliance.
  • Solid knowledge of Generally Accepted Accounting Principles (GAAP) and their application in a nonprofit or grant-funded environment.
  • Strong oral and written communication skills, with the ability to convey complex financial information clearly and professionally.
  • Demonstrated customer service skills and the ability to work effectively with program staff, leadership, and external stakeholders.
  • Strong organizational skills and the ability to manage multiple tasks and deadlines simultaneously.
  • Demonstrated ability to exercise sound judgment in performing financial projections and analyses.
  • Proven ability to supervise and develop staff effectively, including coordinating workloads and providing guidance and feedback.
  • Leadership experience overseeing at least three Financial Analysts or a comparable team.

Nice To Haves

  • Experience working in a nonprofit environment, particularly with grant-funded programs, is highly beneficial.
  • Familiarity with Financial Edge or related Blackbaud products is preferred.
  • Experience managing financials for a large portfolio of programs, such as energy assistance, meals on wheels, mental health, or similar services.
  • Ability to break down complex financial and budgeting concepts into clear, understandable terms for Program Managers and other non-financial staff.
  • Proactive mindset with the ability to identify issues, propose solutions, and take initiative in improving processes.
  • Experience assisting with external audits and funder monitoring visits.
  • Experience maintaining and updating departmental policies and procedures.
  • Strong attention to detail and a high level of accuracy in all financial work.

Responsibilities

  • Supervise and coordinate the daily workflow of the Financial Analysts, ensuring accurate and timely completion of all assigned tasks.
  • Work closely with Financial Analysts to monitor expenses in each grant and ensure all costs are properly classified and compliant with funder requirements.
  • Collaborate with Program Managers and Financial Analysts to prepare, analyze, and submit timely and accurate financial reports to funders.
  • Partner with Financial Analysts, Program Managers, and leadership to support and prepare for all funder monitoring visits.
  • Work closely with the Accounting/Payroll Manager on the monthly financial closing process to ensure completeness and accuracy of financial data.
  • Collaborate with the Budget and Controls Manager on the creation, maintenance, and adjustment of program and grant budgets.
  • Report to the Budget and Controls Manager and Chief Financial Officer any financial activity deviations from funder-approved budgets that may require budget revisions.
  • Monitor financial performance and prepare variance reports to highlight differences between actual results and budgeted amounts.
  • Ensure all funder reports prepared by the Financial Analysts are completed accurately and submitted by their required due dates.
  • Assist in managing and updating cost allocation tables, including occupancy, cell phones, copiers, and other shared costs, as part of the monthly financial closing process.
  • Review and verify the accuracy of all financial data in each program’s balance sheet and income statement throughout the year.
  • Assist with monthly and annual financial closing processes, ensuring all entries, reconciliations, and adjustments are properly recorded.
  • Support the annual audit process and the closing of funds by providing schedules, documentation, and explanations as needed.
  • Review all journal entries prepared by Financial Analysts and prepare additional journal entries when necessary to ensure accurate financial records.
  • Assist in maintaining and updating departmental financial policies and procedures to reflect current practices and regulatory requirements.
  • Support the Chief Financial Officer and finance leadership with special projects, analyses, and other tasks as needed.
  • Provide leadership, coaching, and guidance to a team of three Financial Analysts, fostering a collaborative and high-performance environment.
  • Ensure program budgets remain on track and clearly explain complex financial information to Program Managers in an understandable way.
  • Serve as a hands-on accounting and finance resource, actively participating in day-to-day operations while acting as a primary point of contact and leader for the team.
  • Manage financial reporting and analysis for a broad portfolio of programs, which may include energy assistance, meals on wheels, mental health, and other services.

Benefits

  • Medical, dental & vision
  • Critical Illness, Accident, and Hospital
  • 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
  • Life Insurance (Voluntary Life & AD&D for the employee and dependents)
  • Short and long-term disability
  • Health Spending Account (HSA)
  • Transportation benefits
  • Employee Assistance Program
  • Time Off/Leave (PTO, Vacation or Sick Leave)
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