Finance Budget Analyst

Monarch&Co International - Albemarle, NC

Full-time

Albemarle, NC

Personal and Laundry Services

About the position

The Finance Budget Analyst at Monarch plays a crucial role in providing comprehensive financial planning, reporting, analysis, and decision support to various business segments and the Finance Leadership team. This position is integral to budget development, forecast management, and revenue and expense-related projects, ensuring accurate financial reporting and analysis to support operational decision-making.

Responsibilities

• Prepare supporting materials for financial, service, and program review meetings and lead discussions to provide decision support to operations teams.
• Develop and publish financial and non-financial metrics, highlighting opportunities and risks.
• Communicate opportunities and risks to Finance and respective business segments/service lines.
• Identify, recommend, and implement strategies to capitalize on opportunities and mitigate risks.
• Prepare and analyze various reports with revenue, expense, and statistical information.
• Maintain statistical data and verify its accuracy with financial reports and subsidiary ledgers/modules.
• Develop and implement budgets/financials for respective business segments/service lines.
• Participate in budget and forecast cycles by preparing templates, training materials, financial reports, and related analysis.
• Collaborate with department managers and Finance to develop detailed budgets and forecasts, challenging assumptions when appropriate.
• Provide financial reporting for all Business Segment/Service lines, including actual-to-budget comparisons and financial variance analysis.
• Develop and maintain Productivity Reports and assist department managers in maintaining appropriate productivity levels.
• Prepare materials for meetings with executive staff, the Board of Directors, Payers, and other parties, and participate in those meetings as needed.
• Participate in cross-functional team meetings to identify and resolve potential issues.
• Work with the Finance Leadership team to review existing or new processes for opportunities to improve revenue or efficiency.
• Assist with the evaluation of business results and approve purchase orders for respective segments/service lines.
• Assist with the annual audit by preparing requested schedules and addressing auditor inquiries.

Requirements

• Bachelor's degree in Accounting (Required)
• Experience in Finance and Accounting.

Benefits

• Comprehensive benefits package supporting full-time and part-time team members and their families.
• Opportunities for professional growth and development.
• Positive and encouraging work environment.