Financial Analyst II - Full Time; 5805-301-A

For over 125 years, Catholic Charities Brooklyn and Queens has been providing quality social services to the neighborhoods of Brooklyn and Queens, and currently offers 160-plus programs and services for children, youth, adults, seniors, and those struggling with mental illness.
STATEMENT OF THE JOB:
The Financial Analyst II will perform routine- to moderately complex clerical and technical accounting functions in the maintenance of accounting and internal control systems. The Financial Analyst II will report to the Vice President of Programs. The Financial Analyst II will analyze the financial status of programs and will investigate variances between budget and actual expenditures and projected and actual revenues. The Financial Analyst II will also work with the VP office staff and field staff to ensure that expenditures are allowable; that documentation is obtained timely and labor distribution is appropriate. As necessary, the Financial Analyst II will work with other members of the Management team and finance team to ensure that checks and POs are processed, denials are investigated, and resubmitted and maximum reimbursement is obtained in a timely manner. Coordinating budgets, completing Program Information Reporting data (PIR) liaising with programs and centrally located support departments (e.g., Financial Services, Human Resources, Acct. Payable, etc.). The Financial Analyst II position will provide financial analysis for program budgets. This includes developing and monitoring budgets and contracts; analyzing and interpreting data; understanding program and project revenue and spending fluctuations; working with program staff to evaluate financial results and determine necessary actions to address variances; and preparing submit monthly reports to staff and various stakeholders (Vice President). Works closely with Team to ensure fiscal and contractual compliance (i.e., line of service is always “audit ready” and “review ready”).

Create, prepare and analyze financial data for programs; provide key information to program staff and senior management in ways that meet their needs, to drive business decisions, identify issues and opportunities for continuous quality improvement.
Develop monthly P&L forecast – validate and analyze weekly, monthly and quarterly results and identify any necessary action steps in response to key variances.

Handle monthly and quarterly financial reporting, including variance analysis, and budgeting and forecasting.

Update financial data and forecasts to reflect contract changes including rates paid, timeliness of payment and other pertinent information and modifications relevant to the forecast.
Present reconciliation data and bad debt analysis semi-annually and update projections to reflect the changes. Discuss with the program leadership staff the basis for the reconciliations and identify actions that would ameliorate occurrences in the future.
Collaborates with Management team to obtain required information for funding sources, agency, and other external entities.
Prepare, track, and analyze program budgets, prepare financial projections and cash flow analysis for various contracts. Clearly identify underlying assumptions of projections to facilitate program leadership understanding of program P&L projections and variables of potential impact in achieving projections.
Partner with program staff to identify strategies that could lower costs, shift services that are losing money to break even and exceed costs.

Performs other duties as assigned.

QUALIFICATIONS:

Bachelor’s Degree in Accounting, Finance, or Business Management
6+ years’ experience in financial analysis, accounting, budgeting and resource allocation.
Knowledge of Systems - MIP, NetSuite, Ceridian and Anasazi
Bilingual Spanish/English; Russian/English; Chinese/English; Korean/English; English/Creole speaking preferred.
Must be able to occasionally lift and/or move up to 25 pounds.
Able to Access Files from Floor Level to 8 feet high, using Ladder
Able to travel to multiple locations within the five boroughs as needed.

BENEFITS:
We offer competitive salary and excellent benefits including:

Generous time off (Vacation/ Personal Days/ Sick Days/ Paid Holidays annually)
Medical,
Dental
Vision
Retirement Savings with Agency Match
Transit
Flexible Spending Account
Life insurance
Public Loan Forgiveness Qualified Employer
Training Series and other additional voluntary benefits.

For more information on our organization, please visit our website at:
www.ccbq.org EOE/AA.