Financial Analysis Supervisor

Community Renewal Team Inc; Hartford (CT); On-site; USD 85,000 - 95,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Paid time off

Retirement plan

Employee assistance program

Professional development opportunities

Life insurance

Job summary

Community Renewal Team Inc in Hartford, CT seeks a Financial Analysis Supervisor to lead grant financial activity, supervise analysts, ensure timely reporting to funders and compliance with funder policies.

The role collaborates with program managers, VP, and CFO, oversees monthly closings, prepares variances, and supports audits; requires Bachelor's in Accounting/Finance and at least five years of nonprofit accounting with two years in supervision.

Qualifications

• Bachelor’s degree in Accounting, Finance, Economics or Business Administration or equivalent nonprofit accounting experience.
• Minimum of five (5) years of related experience including two (2) years in a supervisory capacity.

Responsibilities

• Supervise and coordinate workflow of the Financial Analysts.
• Monitor expenses in each grant and ensure proper classifications.
• Oversee timely and accurate reporting to funders.
• Coordinate monitoring visits with funders and program managers.
• Support monthly financial closing and budget adjustments.
• Prepare and review journal entries and variance reports.
• Assist in annual audits and closing of funds.

Skills

Supervisory experience

Budgeting

Variance analysis

Financial reporting

GAAP knowledge

Federal and State funding knowledge

Communication skills

Proactive multitasking

Education

Bachelor’s degree in Accounting/Finance/Business Administration

Tools

Financial Edge

MS Excel

MS Word

Job description

JOB DESCRIPTIONPOSITION TITLE: Financial Analysis SupervisorDEPARTMENT: FinanceFLSA STATUS: ExemptREPORTS TO: Chief Financial Officer (CFO)GENERAL DESCRIPTION OF DUTIESThe purpose of this position is to support the Agency’s needs by controlling and managing all of the grant programs of the Agency to ensure compliance with funder policies. Supervise the Financial Analysts and ensure the Financial Analysts work with each assigned program’s manager to analyze and report all financial activity within the grant. Ensure all applicable financial reports are submitted to the funders.SPECIFIC DUTIES AND RESPONSIBILITIESESSENTIAL JOB FUNCTIONSThe list of essential functions, as outlined herein, is intended to be representative of the tasks performed within this classification. It is not necessarily descriptive of any one position in the class. The omission of an essential function does not preclude management from assigning duties not listed herein if such functions are a logical assignment to the position.Supervise and coordinate workflow of the Financial Analysts.Work closely with the Financial Analysts to monitor expenses in each grant for appropriate classifications.Work closely with the Program Managers and the Financial Analysts to ensure timely and accurate reporting to the funders.Work closely with the Financial Analysts, Program Managers, and VPs on all monitoring visits scheduled with the funders.Work closely with the Accounting/Payroll Manager on the monthly financial closing process.Work closely with the Budget and Controls Manager on all budget creations and adjustments.Report to the Budget and Controls Manager and Chief Financial Officer any financial activity deviations from the funder approved budgets that may require a budget revision.Monitor and prepare variance reports.Ensure all funder reports completed by the Financial Analysts are submitted by their respective due date.Assists in the managing and revising as necessary, all applicable cost allocation tables (occupancy, cell phones, copiers, etc.) in connection with the Agency’s monthly financial closing process.Review and verify accuracy of all financial data in each program’s balance sheet and income statement throughout the year.Assist with the monthly and annual closing processes.Assist with annual audit and closing of funds.Reviews all journal entries prepared by the Financial Analysts and prepares journal entries as needed.Assist in maintaining departmental policies and procedures.Assist the CFO and Controller as needed.ADDITIONAL JOB FUNCTIONSPerform all other duties as assignedMINIMUM TRAINING AND EXPERIENCEEducation: Bachelor’s degree in Accounting, Finance, Economics or Business Administration required. Will consider the equivalent amount of related nonprofit account managerial experience in lieu of degree.Minimum Years of Experience: A minimum of five (5) years of related experience including two (2) years in a supervisory capacity required. Familiarity with Financial Edge preferred.Knowledge: Knowledge and understanding of Federal and State laws governing funding; ability to calculate and apply mathematical concepts; knowledge of Generally Accepted Accounting Principles (GAAP) required.Demonstrated Skills: Proficiency in Windows, financial software and MS Office skills with advanced skills in MS Excel and MS Word required. Must have excellent oral and written communication skills, customer service and organizational skills. Must exercise educated judgment to perform projections. Demonstrated ability to multitask and be proactive. Ability to supervise staff effectively.Driving Required: YES Agency Vehicle: NO Employee’s Own Vehicle: YESActive Driver License in good standing required upon hire and throughout employment.BenefitsCompetitive salaryMedical, dental, and vision insurancePaid time off and holidaysRetirement plan with employer contributionEmployee assistance programProfessional development opportunitiesLife insurance and other voluntary benefits