Sr. Financial Analyst

WELLNEST EMOTIONAL HEALTH & WELLNESS•Los Angeles, CA

1d•$66,000 - $99,000•Onsite

About The Position

The Senior Financial Analyst is responsible for tracking the company's financial performance against annual budgets and established contracts with various Government and private agencies. This position is responsible for helping senior management make tactical and strategic decisions by providing periodic financial analysis reports. The Senior Financial Analyst helps measure the effectiveness of various programs by comparing overall revenue relative to program costs/expenditures through regular reporting.

Requirements

Advanced financial analysis, forecasting, and budget development
Government and public-sector funding experience (county, state, federal contracts) especially with LA County DMH.
Strong knowledge of nonprofit accounting, cost reporting, and audits
Ability to manage complex data sets and translate them into clear, actionable reports
Proficiency in financial systems, Excel modeling, and dashboard reporting
High attention to detail with strong internal controls and compliance mindset
Ability to work cross-functionally and support senior leadership with strategic insights
A Bachelor’s degree in in finance, accounting, economics, or related field is required.
Three (3) to five (5) years of experience working in an Accounting department (preferably at a non-profit organization) are required.
Employee may be asked to pursue additional training when it is determined to be in the best interest of the Company.
Employee must have the ability to use a personal vehicle with the required insurance coverage to complete the essential duties of their job and conduct agency business.
Employee must maintain a valid California driver’s license and clean driving record that meets Wellnest’s insurance carrier’s criteria for liability coverage.
In keeping with Company policy for all employees, the successful applicant must also complete a test for TB, and fingerprint clearance by the Department of Justice.
Ability to effectively present information and respond to questions from clients, office personnel, other employees and the general public
Demonstrates a full understanding of all aspects of the Company balance sheet and income statement
Fully proficient in all aspects of Microsoft Office Suite, particularly in Excel (Pivot Tables)
Knowledge of Federal, County or City Funding sources
Ability to analyze budgetary line items for compliance with budget guidelines
Ability to read, analyze and interpret manual and office documents
Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form
Ability to define problems, gather, transcribe and post data, analyze, synthesize and classify information, and draw valid conclusions where only limited standardization exists
Ability to work independently and with others - including other employees, clients and members of the public - in face-to-face and telephonic contexts
Ability to multi-task, establish priorities and manage time, meet deadlines and perform duties under time constraints
Ability to be flexible and adapt to changing work demands
Maintain high level of concentration and attention to detail for extended periods of time
Ability to respond effectively to sensitive inquiries or complaints
Maintain a high level of ethical and professional standards in accordance with agency and community policy
Ability to talk or hear in order to give and receive information and instructions.
Ability to stand, walk, sit, use hands to finger, handle or feel objects, tools or controls
Ability to reach with hands and arms.
Ability to use computer keyboard up to 75% of the day.
Visual acuity, ability to adjust focus and peripheral vision for work on a laptop or other computer equipment.
Lift and/or move up to 25 pounds.
Able to use telephone, office copier, calculator, fax machine, computer printer and scanner, or other equipment as required.

Responsibilities

Invoicing/Billing
Budget in partnership with CFO
Budget to Actual Analysis in partnership with CFO and Controller
Fiscal Program Audit lead
Fiscal K Compliance and Administration
Support programs with creating plan of action
FTE Analysis
Training Finance & Program Staff
Sub Recipient Monitoring
Prepares the reporting and invoicing for contracts from varies government & private agencies.
Submits reports and invoices by required deadlines
Analyzes and evaluates contract and grant budgets for correct calculation of expenditure categories such as salaries, percent of effort, salary adjustment increases, fringe benefits, indirect costs, materials, equipment, etc.
Reviews and monitors contract expenditures against approved budgets.
Researches and explains budget variances, if any
Meets regularly with program managers and staff to share information to ensure timely, accurate billing of all budgeted funds and to identify budget modification if needed
Assists in preparing contract modification & renewals based on input from all involved parties.
Codes all payments to the appropriate Grant/Contract cost centers
Monitors and follows up on cash collection statuses for all contracts
Records and reconciles daily cash activity and bank statements
Manages and maintains full-cycle A/P, A/R and G/L account reconciliations
Analyzes and explains variances to A/P, A/R and G/L
Assists with entering and reconciling credit card summary statements
Records and classifies transactions accurately using appropriate accounting segments
Performs month end closing entries
Assists the Controller with year-end financial audit or contract monitoring review
Completes ad hoc analysis reporting and requests from the Chief Financial Officer
Performs other tasks as assigned.