Senior Financial Analyst - Accounting

Bay Cove Human Services•Boston, MA

About The Position

Bay Cove Human Services’ mission is to partner with people to overcome challenges and realize personal potential. Bay Cove pursues this mission by providing individualized and compassionate services to people facing the challenges associated with developmental disabilities, mental illness, substance use disorders, and homelessness at more than 175 program sites throughout Greater Boston and Southeastern Massachusetts. The Senior Financial Analyst serves as a critical strategic partner in managing the financial health of our $185M+ organization. With over 175 distinct programs, this role requires a dynamic professional who thrives on complexity. You will be a partner in the annual budgeting process, financial forecasting, and provide deep-dive analysis of state, city, and federal contracts to program directors and executive leadership. The ideal candidate blends high-level financial acumen with a passion for our mission, translating intricate financial data into actionable programmatic insights.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, or a related quantitative field.
7+ years of progressive experience in financial planning, analysis, or corporate budgeting.
Minimum of 5 years of hands-on experience managing and budgeting for federal, state, or municipal contracts within a high-volume nonprofit or government-adjacent environment.
Proven track record working in a highly complex, multi-entity, or large-scale nonprofit environment ($100M+ budget minimum).
Advanced Excel Skills
Deep familiarity with enterprise-level financial software, preferably Adaptive Planning.
Ability to pivot smoothly between looking at the $185M macro-picture and drilling down into the micro-details of an individual program.
Exceptional communication skills to translate complex financial jargon into clear concepts for non-financial Program Managers.
A natural curiosity to look beyond the numbers to find the "why" behind financial trends.
Candidates must be authorized to work in the United States.

Nice To Haves

MBA preferred
experience working in Human Service or other mission driven environment preferable.

Responsibilities

Development of the operating budget, consolidating inputs from a large volume of programs, with diverse operational and funding models.
Build and maintain dynamic, rolling 12-month cash flow and expense forecasts to ensure organizational agility.
Manage complex cost-allocation models for shared staff and overhead across multiple funding streams and programs.
Analyze monthly financial results, identify key variances against budget, and flag potential deficits or surpluses early.
Partner with Program Directors to review financial performance, evaluate program sustainability, and optimize resource allocation.
Design and maintain clear financial dashboards and KPIs for executive leadership and Board of Directors review.
Collaborate with the Grants/Development team to ensure government, corporate, and philanthropic foundation funds are tracked against appropriate restriction criteria.
Ensure program expenditures align perfectly with grant agreements, avoiding disallowed costs and maximizing funding utilization.
Analyze and monitor the financial performance of complex federal, state, and city contracts (e.g., HUD, DMH, DDS, state Medicaid/departmental billing, municipal grants).
Collaborate with billing and program teams to ensure revenue maximization, including revenue reconciliation against qualified expenses and services delivered.
Prepare, review, and submit mandatory fiscal reports required by public funders, ensuring strict adherence to uniform guidance and agency-specific regulations.
Continuous improvement of budgeting tools, ERP systems, and reporting templates to streamline data collection across 185+ programs.
Conduct "what-if" financial modeling for new program launches, policy shifts, or changes in funding landscapes.