Financial Analyst

COASTAL COMMUNITY FOUNDATION OF SC INC•North Charleston, SC

11d

About The Position

The Financial Analyst Officer will play a critical role in supporting the Foundation’s financial reporting, forecasting, and analysis efforts. You will work closely with various departments to provide accurate financial insights that inform strategic decision-making, enhance sustainability, and drive growth initiatives.

Requirements

Strong understanding of financial and accounting principles.
Detail-oriented with strong organizational skills and the ability to manage multiple priorities.
Excellent analytical skills with the ability to interpret complex financial data, identify trends.
Proficient in Microsoft Excel for financial modeling and data analysis.
Proficient in Microsoft PowerPoint for presentations and group reporting.
Excellent verbal and written communication skills, capable of conveying complex information clearly and easily.
Bachelor’s degree in Finance or Accounting required; Master’s degree preferred.
Strong passion for and relevant experience (2+ years) in financial analysis, including telling the story behind the numbers in ways non-financial stakeholders can understand.
Experience in a nonprofit setting is preferred.
Ability to sit for extended periods and occasionally lift items up to 20 pounds.
Proficient in using office equipment, including computers and printers.

Nice To Haves

Familiarity with Foundant C-Suite software is a plus.

Responsibilities

Prepare, analyze, and maintain key financial reports, including projected investment performance, and departmental actuals-to-budget on a weekly/monthly basis.
Conduct thorough financial analysis of income statements, balance sheets, and associated activity for the current period to identify significant activity and variances.
Communicate and coordinate reclasses needed for accounting reclasses due to specific revenue/expense activity and variances.
Develop and maintain financial models to predict performance and assess sustainability for CCF Operations, specialty programs, and potential donor fund/ fiscal sponsorships / outside earned income granting programs.
Create summarized activity data to highlight key indicators for presentation to Boards and Committees, by synthesizing complex data into visual formats, such as charts and dashboards.
Expedite the annual budgeting process for CCF and Supporting Organizations in coordination with the Director of Financial Planning & Analysis.
Create and maintain detailed operating and cash flow forecasts for Board reporting.
Assimilate data modeling and analysis reports, and coordinate with CFO, Director of Financial Planning & Analysis, Controller for Finance, Investment, and CCF Board reporting needs.
Manage the full quarterly fund statement process, including generating, reviewing, and distributing accurate and meaningful fund statements to donor advisors, fund holders, and internal stakeholders within 30 days of quarter‑end
Maintain complete and timely fund records by updating finance fund attributes in the database, and ensuring all fund information is current, accurate, and available for internal and external reporting
Prepare annual “amount available to grant (spend)” calculations for all endowed funds in alignment with the Foundation’s Spending Policy, ensuring accuracy, transparency, and consistency
Conduct quarterly fund reviews to confirm correct settings for each fund, including investment pool assignments, administrative fee structures, spendable balances, and eligibility for annual distributions
Monitor fund balances and activity and collaborate with internal teams on issues related to new fund setup, endowments in process, fund minimums, investment pool selections, spendable allocations, and fund closures
Support the Director of FP&A with monitoring the organization’s direct loans and other direct investments to ensure timely cash transactions as well as reporting occur; adjusting valuations and recording activity as needed
Collaborate with external partners and internal teams to improve the quality, frequency, and accessibility of information related to fund activity, investment performance, and donor reporting
Provide responsive fund‑related support to Philanthropy and Grantmaking & Community Leadership (GCL) teams, ensuring they have accurate, real‑time information to support donor engagement and grantmaking
Maintain institutional knowledge of fund structures, historical decisions, and exceptions, ensuring continuity and consistency in fund administration as staff, systems, or strategies evolve
Collaborate with program teams to prepare new program budgets, ongoing projections, and grant submissions.
Gather relevant data to align stakeholder objectives and ensure accurate reporting.
Monitor fund balances, ensuring appropriate utilization of funds, and assist in managing new funds, spendables, and exceptions, and internal communication thereof.
Prepare financial reports for funders, ensuring compliance with grant terms.
Stay updated on industry trends and regulatory changes affecting the nonprofit sector.
Identify areas for reporting and process improvement and implement best practices in financial management.