What are the responsibilities and job description for the Financial Analyst position at Kiwanis?
Job Type
Full-time
Description
POSITION OBJECTIVE / JOB SUMMARY :
Responsible for assisting and / or performing duties related to budget preparation, budget analysis, forecasting, and financial modeling. Duties include, but are not limited to, establishing and monitoring budget timetable, planning budget process, evaluating budget proposals / funding requests, conducting cost-benefit analyses, reviewing capital request and variance analysis (budget vs. actual). These duties will enable the Board and management to make informed financial decisions impacting the organization.
ESSENTIAL FUNCTIONS :
Finance Team :
Work closely with members of the Finance Team to support the goals and strategies to help achieve the vision, mission and strategic objectives of the Organization.
Attend and actively participate in departmental meetings
Work directly with the Controller to address, identify and resolve departmental issues
Assist Finance Team as requested with account reconciliations and month-end close.
Provide status updates
Position Responsibilities :
Work directly with Controller in the development of the company's overall budget document, and at the department level, providing advice and analysis of the departmental spending and revenue projections. Lead person responsible for the budget preparation including (30%) :
Preparing budget timetable and deadlines.
Training staff on budget software
Analyzing historical financial data
Creating budget assumptions and pro-forma projections
Collaborating and assisting Department Heads in developing realistic budgets and projections
Recording of budget adjustments and modifications
Reviewing Capital Expenditure Request
Preparing Allocations
Presenting budget analysis and recommendations to upper-level management
Distributing final approved budgets to department heads
Develop and distribute budget vs. actual reports (monthly and quarterly) and conduct periodic business review meetings with departments (10%).
Perform analytical review of financial performance, including (15%) :
Providing creative alternatives and recommendations to reduce costs and improve financial performance
Summarizing data on financial status and risks
Developing financial models, benchmarks and analysis
Conducting business studies on past, future and comparative performance
Developing forecast models
Identifying trends and providing recommends to a senior financial analyst based on sound analysis
Reconciling transactions by comparing and correcting data
Maintain / monitor Expense Reporting System as follows (10%) :
Download and verify files to send to Accounts Payable
Reconciliation of liability accounts for corporate cards and personal expenses (monthly)
Perform research of expenses reports
Manage the fixed asset system, including maintaining proper records for the purchase and disposal of fixed assets, preparing journal entries and assisting the auditors in the filing of the annual property tax returns (5%).
Assist Controller and Accounting Manager in following areas, as needed (30%)
Drive process improvement and policy development
End of month closing
Cash management
Account reconciliation
Audit (account analysis)
Investments
Chart of accounts
Financial statements
Assist at Finance Committee meetings and in the writing of the committee report
Finance procedures
Capable of maintaining positive working relationships
Confidentiality related to sensitive financial information
All other duties as assigned
Requirements
QUALIFICATIONS :
Educational Requirements :
Bachelor's degree in accounting, finance, or other business-related area
Experiential Requirements :
Proven working experience (2 to 5 years) as a Financial and Budget Analyst
Proficient in spreadsheets and databases
Strong communication and presentation skills
Good customer service abilities
Required Skills :
Microsoft Office Suite Products especially Excel and Outlook
Familiar with Nexonia Expense Report System
Experience with NetSuite Financial System or similar systems
Experience with Adaptive Insight Budget and Report Writing System
Adobe (PDF)
Strong analytical and problem-solving skills
Strong organizational skills
Strong decision-making skills
Other Requirements :
Strong initiative and ability to work with limited supervision
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