Financial Analyst

COMMUNITY RENEWAL TEAM INC; Hartford (CT); On-site; USD 31,000 - 42,000; Full time

Benefits offered by this job

Competitive salary

Medical/dental/vision insurance

PTO & holidays

Retirement plan

Employee assistance program

Professional development

Life insurance

Job summary

COMMUNITY RENEWAL TEAM INC. is seeking an Entry Level Financial Analyst in Hartford, CT to monitor budgets, recognize revenue, and assist with annual budgets for programs and grants. The role reports to the Financial Analysis Manager and requires an associate degree in accounting or related field.

Responsibilities include monthly forecasting, verifying expenses, ensuring accurate billing, and preparing grant reports. Strong Excel/Word skills and confidentiality are essential.

Qualifications

• Associate degree in Accounting, Finance, Economics or Business Administration required.
• Bachelor degree preferred.
• Demonstrated skills in MS Excel and MS Word; strong oral and written communication.

Responsibilities

• Provide financial projections, budget variance explanations, and forecasting to Program Managers monthly.
• Verify budgeted expenses against actuals and report in monthly meetings.
• Ensure proper billing and coordination with Accounting Manager and Controller.
• Maintain electronic files for assigned programs and complete required financial reports to funders.
• Assist with audits, funder monitoring visits, and closing processes.

Skills

Financial analysis

Budget forecasting

MS Excel

MS Word

Communication skills

Education

Associate degree in Accounting

Bachelor degree preferred

Tools

Financial software

Accounting software

Job description

Job Details:
Level: Entry
Job Location: Hartford, CT 06120
Position Type: Full Time
Education Level: 2 Year Degree
Salary Range: $22.34 - $30.58 Hourly
Travel Percentage: Yes, travel required
Job Shift: Day
Job Category: Accounting
JOB DESCRIPTION

POSITION TITLE: Financial Analyst

DEPARTMENT: Finance

FLSA STATUS: Non-Exempt

PAYGRADE: 9

REPORTS TO: Financial Analysis Manager

GENERAL DESCRIPTION OF DUTIES

The Financial Analyst is responsible for financial monitoring and analysis of the approved budget, monthly revenue recognition entries, applicable reporting to the funding source, and assistance in the preparation of annual budgets for assigned programs and grants.

SPECIFIC DUTIES AND RESPONSIBILITIES

ESSENTIAL JOB FUNCTIONS

The 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.

• Responsible for providing financial projections, budget variance explanations, and forecasting to Program Managers on a monthly basis.
• Verify all budgeted expenses (salary, fringe, occupancy and direct expense line items) on a monthly basis against the actual expenses and summarize results in monthly scheduled meetings with Program Managers to ensure grants are on track, data is accurately reported and make recommendations to Program Managers for budget line adjustments.
• Ensure proper billing is reported in connection with the monthly financial closing and work with the Accounting Manager and Controller to ensure collection of assigned funds occurs.
• Maintain financial program electronic files for assigned programs.
• Complete all required financial reports to funder based on scheduled due dates as listed in the executed grant contracts.
• Conduct budget analysis in preparation of completing budget revisions. Review and prepare budget modifications and request revisions to efficiently use all funds before the program fiscal year/contract period ends.
• Assist with Funder’s monitoring visits.
• Assist with annual audit and closing of funds.
• Assist with monthly, quarterly, and annual closing processes.
• Prepare journal entries and reconcile general ledger and subsidiary accounts.

ADDITIONAL JOB FUNCTIONS

• Perform all other duties as assigned.

MINIMUM TRAINING AND EXPERIENCE

Education: Associate degree in Accounting, Finance, Economics or Business Administration required. Bachelor degree preferred.

Experience: A minimum of two (2) years of related experience. Knowledge of generally accepted accounting practices and principles, Fund or governmental accounting practices and principles.

Demonstrated Skills: Ability to use financial software and MS Office skills with advanced skills in MS Excel and MS Word. Must have excellent oral and written communication skills, customer service and organizational skills. Must exercise confidentiality and educated judgment to perform projections. Demonstrated ability to multitask and be proactive.

ADA COMPLIANCE

Physical Ability: Tasks involve the ability to exert very moderate physical effort in light work, typically involving some combination of stooping, kneeling, crouching and crawling, and which may involve some lifting, carrying, pushing and/or pulling of objects and materials of moderate weight (12-20 pounds).

Sensory Requirements: Some tasks require visual perception and discrimination. Some tasks require oral communications ability.

Environmental Factors: Tasks are regularly performed without exposure to adverse environmental conditions, such as dirt, dust, pollen, odors, wetness, humidity, rain, fumes, temperature and noise extremes, machinery, vibrations, electric currents, traffic hazards, animals/wildlife, toxic/poisonous agents, violence, disease, or pathogenic substances.

Qualifications: MINIMUM TRAINING AND EXPERIENCE

Education: Associate degree in Accounting, Finance, Economics or Business Administration required. Bachelor degree preferred.

Experience: A minimum of two (2) years of related experience. Knowledge of generally accepted accounting practices and principles, Fund or governmental accounting practices and principles.

Demonstrated Skills: Ability to use financial software and MS Office skills with advanced skills in MS Excel and MS Word. Must have excellent oral and written communication skills, customer service and organizational skills. Must exercise confidentiality and educated judgment to perform projections. Demonstrated ability to multitask and be proactive.

Benefits

• Competitive salary
• Medical, dental, and vision insurance
• Paid time off and holidays
• Retirement plan with employer contribution
• Employee assistance program
• Professional development opportunities
• Life insurance and other voluntary benefits