What are the responsibilities and job description for the Financial Analyst position at Kentucky School Boards Association?
Position summary:
Full-time, Frankfort-based position. Full employee benefits provided.
Under the direct supervision of the CFO, the individual is responsible for keeping a complete set of financial records associated with KSBA, the KSBA Unemployment Program (KSBAUP), and the KSBA Educational Foundation (KSBAEF). Work is performed in a highly sensitive environment, including dealing with confidential matters, meeting deadlines, and adjusting to rapid changes. Responsibilities include (but are not limited to):
- Manage and maintain accurate and timely records of all the financial activities of KSBA, the KSBA Unemployment Program, and the KSBA Educational Foundation.
- Prepare the annual KSBA unit-based consolidated budget. This entails collaboration with department managers to develop and monitor budgets, providing data-driven insights and recommendations.
- Prepare monthly financial reports, including variance analyses, by the 15th day following the close of a month and review monthly and year-to-date results with the unit managers.
- Prepare monthly procedures and reconciliations, including bank reconciliations, cash receipts and disbursements, billings, journal entry corrections, and general ledger analysis.
- Collaborate with the staff accountant in areas including, but not limited to, Accounts Receivable/Payable, fixed asset accounting, and unemployment fund accounting, ensuring the accuracy and timeliness of work product and A/R collections.
- Develop and prepare new management reports to analyze the financial data of the association programs and the unemployment fund.
- Assist staff with questions concerning the KSBA budget and accounting system.
- Ensure that all records are secured and that appropriate backup records exist.
Qualifications include (but are not limited to):
Minimum of a Bachelor’s degree in Accounting (CPA preferred) and at least three (3) years of accounting experience, including monthly account reconciliations, budgeting, cash flow forecasting, and management reporting. Knowledge of accounting skills, principles, and procedures, including accounts payable, accounts receivable, profit and loss, etc. Must possess exceptional organizational/prioritization abilities to organize and manage multiple priorities, stay on task, and be attentive to detail. Advanced knowledge of financial systems, spreadsheets, and reporting tools (e.g., Microsoft Outlook, Excel and Word, and Sage 50).