Financial Analyst

Gandara Center•Springfield, MA

17d•$80,000 - $105,000

About The Position

The Financial Analyst will serve as a key member of the finance team, responsible for a broad range of financial and analytical functions. This role includes analyzing financial statements, performing general ledger reviews, developing and maintaining financial models, and evaluating journal entries for accuracy and compliance. The Analyst will also review contracts and grants to ensure appropriate utilization of funds, assess budgets and financial performance, and apply a strong understanding of cost allocation methodologies. In addition, the role will support various special projects and provide analytical insights to inform strategic and operational decision-making.

Requirements

Strong understanding of Generally Accepted Accounting Principles
Experience developing financial models or working with modeling software
Familiarity with Massachusetts state agency contracts, federal grants, EOHHS, and third-party billing processes
Knowledge of funding methodologies, including unit rate, accommodation rate, and cost reimbursement models
Demonstrated ability to develop and implement recommendations that enhance financial operations
Solid understanding of forecasting principles and financial planning techniques
Proven track record of identifying opportunities to maximize revenue and reduce costs
Minimum of 10 years of relevant experience in financial analysis or a related field
Ability to organize, prioritize, and manage responsibilities independently with minimal supervision
Demonstrates sound judgment and strong decision-making skills
Effective collaborator with the ability to work well in a team environment

Responsibilities

Analyze financial statements to assess organizational performance and identify trends
Develop and maintain financial models to support program and operational analysis
Review general ledger activity to ensure compliance with allowable and permissible costs
Evaluate contracts and grants to ensure proper utilization of funds and adherence to guidelines
Support month-end close processes, including reconciliations and reporting
Assist with internal and external audits by preparing documentation
Assess and recommend appropriate cost allocations and methodologies
Provide support for budgeting, forecasting, and financial planning activities
Participate in finance department planning, meetings, and training sessions as required
Utilize advanced skills in AI tools, business intelligence (BI) platforms, and Microsoft Excel for analysis and reporting
Collaborate effectively within a team-oriented environment
Perform additional related duties and special projects as assigned