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Financial Analyst

Company: Community Renewal Team
Location: Hartford
Posted on: May 7, 2022

Job Description:

Job DescriptionSince 1963, CRT has been there helping people – helping families – during their time of greatest need. We know that many people in our community struggle every day just to put food on the table. But we also know it doesn't have to be that way, and that the work we do aims to help people "meet life's challenges" head on! CRT offers dozens of programs every single day, helping tens of thousands of individuals and families every year. The changes that CRT helps people to make create new opportunities for a brighter tomorrow. When you join CRT as an employee, you will begin a brighter tomorrow for yourself, and you will quickly find that you are part of a team that shares your passion for helping other people to find solutions that can turn their world around. Please Note: For the safety of our employees and clients, CRT MANDATES the COVID 19 VACCINE as a condition of employment. Medical and religious waiver requests are available and require approval.GENERAL DESCRIPTION OF DUTIES The Financial Analyst is responsible for financial monitoring and analysis to 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 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 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.BENEFITS
      • Group Health
      • Dental Insurance
      • Vision Insurance
      • Life/Disability/Accident/Critical Illness Insurance
      • 401(k) with Safe Harbor matching
      • Vacation/Sick/Personal Time
      • 13 holidays per year!
      • Mileage reimbursement

Keywords: Community Renewal Team, Hartford , Financial Analyst, Accounting, Auditing , Hartford, Connecticut

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