Budget Analyst

$55,000 - $55,000/Yr

Sports And Arts In Schools Foundation

Full-time - Mid Level

Social Assistance

About the position

New York Edge is seeking a highly organized, knowledgeable, and focused individual to fill the role of Budget Analyst. In this full-time role, you will be responsible for ensuring that New York Edge complies with the negotiated budgets of a portfolio of government contracts. The analyst also ensures data integrity, timely funder invoices, and budget monitoring. This position is crucial in providing financial reports and analysis to ensure Program Managers have the information and understanding needed to make effective decisions. You will liaise with Program Managers to confirm actuals and discuss future plans and expenditures, supporting them by providing financial performance measures and analysis for their site portfolios. As a Budget Analyst, you will conduct financial reviews of Program Managers' monthly spending for the Senior Management Team, Executive Director, and others as needed. You will work closely with the Program Managers and Management team on the creation of the annual budget and monthly forecasts. Your role will involve providing financial analysis, variance analysis, and budgeting support to Program Managers, ensuring compliance with fiscal reporting procedures and requirements of public/private contracts as outlined by funding agencies. Additionally, you will develop and implement financial and operational reports to monitor and evaluate performance, maintain financial reports to optimize forecasting, tracking, and analysis of spending rates compared to budget. Utilizing financial systems to extract data, you will develop and update key financial reports, highlight contracts with potential problems or over/under spending, and recognize possible solutions. Effective communication with program staff is essential, as is developing a working knowledge of fiscal policies of contracting agencies to ensure accuracy in recording expenses and translating them to correct line items on required reporting documents to funding sources. You will also assist the Manager of Billing in the preparation and review of financial reports for funding agencies and prepare budget modifications for review by the Manager of Contracts & Reports. Lastly, reviewing vendor invoices for proper coding prior to entry into Sage Software (MIPS) will be part of your responsibilities.

Responsibilities

• Provide financial reports and analysis to ensure Program Managers have the information and understanding needed to make effective decisions.
• Liaise with Program Managers to confirm actuals and discuss future plans/expenditures.
• Support Program Managers by providing financial performance measures and analysis for their site portfolios.
• Conduct financial reviews of Program Managers monthly spending for the Senior Management Team, Executive Director and others as needed.
• Work with the Program Managers and Management team on creation of annual budget and monthly forecasts.
• Provide financial analysis, variance analysis, and budgeting support to Program Managers.
• Understand fiscal reporting procedure and requirements of public/private contracts as outlined by funding agencies to ensure compliance and timeliness.
• Develop and implement financial and operational reports to monitor and evaluate performance.
• Develop and maintain financial reports to optimize forecasting, tracking and analysis of spending rates compared to budget.
• Utilize financial systems to extract data to develop and update key financial reports.
• Highlight contracts with potential problems/over under spending and recognize possible solutions.
• Communicate effectively with program staff.
• Develop a working knowledge of fiscal policies of contracting agencies, so as to ensure accuracy in recording expenses and translate to correct line items on required reporting documents to funding sources.
• Assist Manager of Billing in preparation and review of financial reports (PERS) for funding agencies.
• Prepare budget modifications for review by Manager of Contracts & Reports.
• Review vendor invoices for proper coding prior to entry into Sage Software (MIPS).

Requirements

• Bachelor's degree in Finance, Economics, Business, or Public Administration.
• 2+ years related experience for a non-profit organization.
• Experience working with cross-functional and inter-department teams.
• Strong organizational and project management skills, with the ability to manage multiple tasks and deadlines effectively.
• Excellent communication and interpersonal skills, with the ability to engage and collaborate with diverse stakeholders.
• Detail-oriented mindset, with a focus on accuracy and quality in all tasks performed.
• Proficient in using productivity tools and software, such as MS Office Suite, Google Docs, Salesforce, and contract management platforms.
• Ability to work independently, take initiative, and problem-solve.