Financial Analyst

The Salvation Army - Chicago, IL

Full-time - Mid Level

Chicago, IL

10,001+ employees

Religious, Grantmaking, Civic, Professional, and Similar Organizations

About the position

The Salvation Army is seeking a Financial Analyst to join our NCI Division at the Headquarters in Chicago, IL. This position is crucial for providing management reporting and analysis to all NCI Financial Departments, ensuring that departments and programs receive the financial analysis support necessary for effective operation management and compliance with established policies and procedures. The Financial Analyst will play a key role in assisting with financial service responsibilities, including reconciliation and financial reporting, which are essential for the organization's fiscal health and operational efficiency. In this role, the Financial Analyst will be responsible for conducting regular analyses of actual versus budget income and expenses, helping Department and Program Directors make informed decisions. The analyst will also assist in preparing financial summary reports for presentations to Advisory Boards and will be involved in budget preparation and month-end/year-end closing procedures. As a Subject Matter Expert (SME) for Accumatica Financial Reporting, the analyst will develop and deploy standardized management reporting, conduct quarterly finance review meetings, and prepare monthly financial dashboards and statements. Additionally, the Financial Analyst will coordinate the annual internal audit, assist with compliance audits, and provide training to staff on financial recordkeeping and reporting. The position requires a proactive approach to identifying opportunities for improving financial controls and practices, ensuring that the organization maintains its commitment to fiscal responsibility and transparency. The analyst will also be involved in various financial services, including the preparation of annual consolidation reports and tax forms, as well as managing pension activities and unclaimed property. This position reports directly to the Chief Financial Officer and Divisional Director of Finance, and the successful candidate will be evaluated based on the effectiveness of their outcomes, the timeliness and accuracy of their work, and the responsiveness of staff and professional contacts to the services provided.

Responsibilities

• Provide financial analysis, consultation, and support to Department, Corps, or Program Directors.
• Complete regular analyses of actual versus budget income and expenses variances.
• Analyze balance sheet accounts as necessary or required.
• Assist in the preparation of financial summary reports for Officer's presentation to Advisory Boards.
• Assist in budget preparation and month-end/year-end closing procedures.
• Become the Subject Matter Expert (SME) for Accumatica Financial Reporting.
• Conduct quarterly finance review meetings with Department, Corps, and Program Directors.
• Prepare and distribute monthly financial dashboards and statements.
• Coordinate the annual THQ internal audit and assist with internal audits of local units.
• Prepare reports and provide recommendations to improve financial controls and practices.
• Provide training to Officers and staff in financial recordkeeping and reporting.
• Perform all required responsibilities for financial services, including preparation of annual consolidation reports and tax forms.

Requirements

• Bachelor's degree in accounting, finance, or related field.
• Minimum of 6 years' experience in accounting and financial analysis, preferably in a nonprofit environment.
• Proficiency with Microsoft Office products: Excel, Word, Outlook, and other PC-based accounting and financial reporting applications.

Nice-to-haves

• Experience with nonprofit financial management and reporting.
• Familiarity with Accumatica Financial Reporting software.
• Strong interpersonal skills and a service-oriented approach.

Benefits

• Health insurance coverage.
• Paid holidays and vacation time.
• Professional development opportunities.
• Flexible scheduling options.