Financial Analyst

Recruiter
Robert Half
Location
Spokane, Washington, United States
Salary
Competitive salary
Posted
19 Oct 2020
Closes
20 Oct 2020
Ref
03650-0011524565
Job Description

FINANCIAL ANALYST JOB DESCRIPTION

POSITION SUMMARY:
The Financial Analyst is a process and relationship management position that supports financial planning and analysis functions for one or more segments of our non-profit client. The position partners and supports geographic and program leaders to achieve positive program results by helping manage and grow programs. The Financial Analyst is responsible for conducting planning, budgeting and forecasting. The role conducts and consults with others using depth analyses of all revenue and cost sources and the causes of variances to plan or forecasts. The Financial Analyst assists in developing cost accounting techniques and supports the management of costs. This position has a dotted line reporting relationship with one or more geographic district directors and line of service leaders and serves on one or more district or line of service leadership teams.

ESSENTIAL DUTIES AND RESPONSIBILITIES:
Other duties and responsibilities may be assigned as the needs of the organization change.

Financial, Operations, and Strategic Support:
1. Manage the annual planning and quarterly forecast processes in the assigned portfolio of responsibility.
2. Analyze contract and grant terms to provide financial alternatives to managing program revenues and costs;
3. Partner with operations to optimize operational performance and deliver on short and long-term financial objectives;
4. Support timely and thorough solution-oriented analysis and insights;
5. Support and participate in negotiating contracts to ensure the financial interests of the Agency are well represented;
6. Implement standard key metrics and performance measures for key business drivers (financial and non-financial) to support long term performance and strategic objectives;
7. Prepare financial modeling for new opportunities, new business development, cost-saving projects, capital expenditure evaluation, competitive analyses, and business line, customer, line-of-service, and program profitability;
8. Develop and enhance financial models and financial planning and analysis processes that will drive growth and operational efficiencies;
9. Assist in developing in-depth financial analysis for trends in revenue, cost, pricing and profitability across contracts, lines of service, regions, and key funders; and
10. Prepare financial analyses on special projects and strategic initiatives as directed by the Director of Financial Planning & Analysis or Chief Financial Officer.

SUPERVISORY RESPONSIBILITIES:
This position manages processes and interacts with district and program leaders. It does not directly supervise staff.

Requirements

KNOWLEDGE, SKILLS AND ABILITIES:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• System savvy
• Data curious
• Proven analytical skills to translate numbers into strategy and solid business recommendations
• Advanced data modeling and Microsoft Excel skills to design and evaluate complex scenarios to drive business decision-making
• Solid understanding of Generally Accepted Accounting Principles (GAAP), especially revenue recognition and accrual accounting
• Project management
• Community compassionate and caring
• People connector and partner
• Passion for relentless improvement
• Communicator of ideas and concepts in writing and verbally

QUALIFICATIONS:
A combination of the experience, education, and training listed below which provides an equivalent background to perform the work of this position.
Experience Required:
• Minimum of 3 years of financial analysis and financial modeling
• Minimum of 1 year experience in an organization dependent on contract-based revenue
• Cost analysis or cost accounting experience
• Experience with data modeling

Experience Desired
• Not-for-profit industry
• Government grant and contract revenue and cost modeling
• Knowledge of process re-design and re-engineering
• Tableau or similar tool
• Experience within the healthcare industry
• FP&A system implementation