Financial Analyst in Philadelphia, Pennsylvania at PATH People Acting To Help, Inc.

JOB SUMMARY: To promote the mission of PATH to help individuals achieve a more independent and fulfilling life by working with the business (ID, BH, ADMIN) to track and manage financial performance and provide financial information, forecasting and analysis to help guide decision making and set strategy. This position must have solid budgeting, accounting and financial knowledge and experience to guide the business in effectively managing their fiscal programs.

QUALIFICATIONS:

Bachelor's degree in Finance, Accounting, Economics, or Business Administration.

At least 3-5 years of experience or equivalent combination or education and experience, in budget creation and implementation, financial statement and reporting, GAAP accounting, Non-Profit accounting and compliance experience.

PHYSICAL DEMANDS: Minimal in nature for this position.

SPECIFIC DUTIES:

1. Develop and analyze assigned business operating and/or capital budget requests to determine their conformance with Agency's fiscal policies, program functions, and historical trend.

2. Summarize budgets and offer insight regarding funds requests.

3. Conduct regular budget meetings with the business.

4. Review budget proposals for completeness, accuracy, and compliance.

5. Defend and provide evidence-based recommendation for budget recommendations.

6. Conduct cost-benefit analyses to determine program efficiency.

7. Recommend modifications in requests on basis of current policies, departmental operations, and fiscal impact.

8. Prepares a variety of operational budget reports.

9. Makes budgetary recommendations based on trends in revenue and requested appropriations and reported performance-based measures.

10. Prepares schedules for periodic financial status reports and budget documents.

11. Reviews, recommends, and explains changes in budget requests forms, instructions, and preparation format.

12. Ensure billings to funding sources are accurate and timely to maximize program cash flows.

13. Ensure that accounts receivable systems regarding City of Philadelphia and Room and Board payments are accurately posted and reviewed timely.

14. Maintain Representative and Non-Representative payee accounts in accordance with applicable regulations and ensure accurate and timely reconciliations of all representative payee accounts.

15. Work with SSA and County Assistance Office to ensure clients have active benefits and provide updated information to these agencies as needed.

16. Conduct site visits to ensure compliance with credit card and purchasing processes and policies.

17. Ensure bank and petty cash reconciliations are completed weekly/monthly.

18. Issue monthly variance reports detailing revenue/expenses for each program to monitor program compliance with budgeted funds available.

19. Ensure accurate and timely completion of employee expense reports.

20. Consult with Benefit & Payroll Administrator as needed to ensure payroll expenses and benefit allocations are accurately accounted in the correct account and program in the general ledger.

21. Update payroll entries and accruals in the general ledger as needed.

22. Analyze and forecast payroll expenses that may impact budget allocation.

23. Create and maintain distribution and allocation tables to ensure fiscal expenses align appropriately.

24. Support end users with system access and expenditure request.

25. Provide monthly status reports for professional services contracts and purchase orders to Fiscal Director.

26. Track and review regularly contract and purchase orders encumbrances to ensure funding aligns with expectations.

27. Update program funding allocations to professional services contracts and purchase orders.

28. Communicate available funds to end users monthly and on an ad hoc basis.

29. Ensure that expenses are accurately posted to the proper general ledger.

30. Maintain account balances and financial transactions that align to established funding sources.

31. Other duties as assigned.