Budget Analyst, Finance

United Nations - Washington, DC

Full-time - Entry Level

Washington, DC

Social Assistance

About the position

The Budget Analyst at the United Nations Foundation (UNF) plays a crucial role in managing and analyzing the organization's budgets and financial reports. This position involves collaboration with various teams to track financial performance, prepare ad hoc analyses, and support the Director of Budgets & Financial Planning and the CFO. The Budget Analyst is responsible for providing essential data and reports for presentations to the UN and the Board of Directors, ensuring that financial information is accurate and timely. This role is integral to the Finance team and is based in Washington, DC. In this position, the Budget Analyst will support the Budget Team in developing, recording, and tracking the annual financial budget of the organization. The analyst will manage a portfolio of partner-funded teams, assisting them with their budgeting and financial planning needs. Monthly budget-to-actual reports will be prepared for assigned team budgets, and significant variances will be identified and analyzed. The analyst will work closely with stakeholders to review results and variances, updating budgets and reforecasts based on team inputs regarding their plans and expected expenditures. The Budget Analyst will also assist teams in developing and monitoring budgets related to various projects and third-party contribution agreements. This includes identifying appropriate financial and accounting coding for donor funds, invoices, expenses, and grants. The role requires tracking contracts and grants associated with specific budgets, preparing accurate financial statements for donor reports, and forecasting cash flow needs for individual projects. Training and support will be provided to stakeholders to ensure they understand the budgeting model and processes. Additionally, the Budget Analyst will facilitate the monthly payroll allocation process, assist with the annual financial audit, and support the preparation of the IRS Form 990. The role involves running various budget scenarios, responding to ad hoc requests for budget information, and completing special projects as needed. The analyst will also maintain knowledge of financial systems such as Salesforce and Financial Edge to extract information and prepare reports effectively.

Responsibilities

• Support the Budget Team to develop, record and track the organization's annual financial budget.
• Manage a portfolio of partner funded teams to support their budgeting and financial planning needs.
• Prepare monthly budget-to-actual reports for assigned team budgets.
• Identify and analyze significant variances and review results with stakeholders.
• Update budgets and reforecasts based on information provided by the team on their plans and expected expenditures.
• Work with assigned teams to develop, maintain and monitor budgets related to different projects and third-party contribution agreements.
• Help identify appropriate financial and accounting coding for donor funds, invoices, expenses, and grants.
• Track contracts and grants related to specific budgets, including consultant contracts and contributions agreements.
• Assist teams with budgets for proposals and prepare accurate financial statements for reports to donors.
• Prepare accurate forecast models for individual projects to help project cash flow needs and identify priorities.
• Provide training and support for stakeholders to understand the budgeting model, process, and work products.
• Ensure excellent customer service by providing timely and accurate information to stakeholders.
• Facilitate the monthly payroll allocation process and assist junior analysts/analysts.
• Support the Finance Department with the annual financial audit and preparation of the IRS Form 990.
• Run 'what if' iterations of different budget scenarios and respond to ad hoc requests for budget information and analysis.
• Develop and maintain full reporting knowledge of Salesforce, Financial Edge, and other corporate systems.

Requirements

• Bachelor's degree required, preferably in accounting/finance.
• 3-5 years' experience preparing operating and program budgets, budget-to-actual reports, and performance reports.
• Strong interpersonal skills to work effectively with a variety of non-financial stakeholders.
• Strong analytical skills and expert level Excel/budget software skills.
• Proven ability to learn financial systems and develop custom reports.
• Willingness to work hands-on as a cooperative and collaborative member of the Finance and budget team.
• Flexibility and ability to respond to a rapidly changing environment.
• Intellectual curiosity and desire to develop new knowledge and skills as needed.
• Attention to detail and strong organizational skills.
• Ability to provide excellent customer service to all stakeholders.
• Ability to work independently as well as collaboratively.
• Dependable, consistent, and extremely accurate.
• Ability to maintain confidentiality and work under pressure.

Nice-to-haves

• Previous experience participating in or managing project budgets is desirable.

Benefits

• 403(b) retirement savings plan with a generous matching contribution.
• Commuter assistance.
• Dental insurance.
• Disability insurance.
• Employee assistance program.
• Family leave.
• Health club discounts.
• Flexible spending accounts.
• Short-term disability insurance.
• Long-term disability insurance.
• Group term and supplemental life insurance.
• 12 paid holidays, 20 vacation days, 10 sick days, and 3 personal days.