Financial Analyst

Bowery Residents' CommitteeNew York, NY

About The Position

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.

Requirements

  • Bachelor’s degree in accounting, Finance, or related field with a minimum of 4 years of relevant work experience.
  • Superior analytical skills demonstrated through work experience are a must.
  • Strong project management skills.
  • Excellent verbal and written communication skills.
  • Proficiency in Microsoft Excel and Word.
  • Integrity and Trust
  • Customer Focus
  • Functional/Technical Skills
  • Written/Oral Communications
  • Business Acumen
  • Critical Evaluation
  • Relationship Management

Nice To Haves

  • Knowledge of city funding a plus.

Responsibilities

  • 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 Director of Budgets in formulating the Annual Operating Budget.
  • Assist in the fiscal year closing process.
  • Complete job responsibilities in a professional manner, resolving requests from all levels of agency staff.
  • Special projects and other duties as assigned.

Benefits

  • Employees are eligible for health insurance and paid sick time benefits immediately upon starting work.
  • Competitive health and dental plans, with coverage is available for your spouse, domestic partner, and dependents.
  • A minimum of 3 weeks paid vacation, 12 paid holidays, and additional paid sick and personal time.
  • A 403(b) pension plan with a matching benefit paid by BRC.
  • Tuition assistance and many training opportunities for career development.
  • Flexible spending accounts (FSAs) are available so employees can set aside pre-tax dollars for healthcare, transit and childcare.
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