Financial Reporting Analyst

Job Title: Financial Reporting Analyst

Location: Bronx, New York (100% onsite)

Duration: Temp-to-Perm, 40hrs/week (8am to 5pm)

Top Keys:

• Financial Reporting: Ensure accurate and timely financial reporting for multiple programs and funding sources.
• Expense Allocation: Allocate expenses appropriately across various programs and funding sources, adhering to specific requirements.
• Cost Aggregation: Aggregate costs from different sources and programs, ensuring accuracy and compliance.
• Project Management: Oversee multiple programs with diverse services, managing reporting requirements, and ensuring segregation of expenses.
• Audit Compliance: Ensure financial reports are subject to audit and capture all necessary information for claims submissions and verification.
• Excel: Pivots, VLOOKUPs, formulas, spreadsheets

Day to Day Job details can include:

Expense Allocation and Cost Allocation:

• Review and analyze expenses incurred across various programs and funding sources.
• Allocate expenses accurately and appropriately to ensure compliance with grant requirements.
• Utilize Excel to organize and track expense allocation data.

Forecasting and Analysis:

• Conduct financial forecasting and analysis to support decision-making and budget planning.
• Analyze financial data to identify trends, variances, and potential areas for improvement.

Verifying Expenses and Researching Discrepancies:

• Verify expenses against supporting documentation to ensure accuracy and compliance.
• Research and resolve any discrepancies in expense reports or budget allocations.

Coding Costs and Allocating Expenses:

• Code costs according to program and funding source requirements.
• Allocate expenses to appropriate programs and accounts, ensuring segregation and accuracy.

Providing Detailed Reports:

• Generate detailed financial reports for internal stakeholders and funding agencies.
• Ensure reports accurately reflect expenses, allocations, and compliance with grant guidelines.

Project Management:

• Manage multiple programs offering diverse services, ensuring accurate financial reporting for each program.
• Coordinate with program managers to gather necessary financial data and ensure timely reporting.

Attention to Detail and Segregation:

• Pay close attention to detail when handling financial data and reports.
• Segregate expenses and allocations accurately to ensure compliance with grant requirements.

Utilizing Excel for Data Management:

• Leverage Excel for data organization, analysis, and presentation in financial reports.
• Develop and maintain Excel spreadsheets to track expenses, allocations, and budgetary information.

Claims Submissions and Verification:

• Prepare and submit claims to funding agencies in accordance with grant guidelines.
• Verify claims submitted by vendors or program managers to ensure accuracy and compliance.

Vendor Management and Payment Processing:

• Collaborate with vendors to gather necessary documentation for claims submission.
• Process payments for approved claims in a timely and accurate manner.

Grant Reporting and Audit Compliance:

• Prepare grant reports in accordance with funding agency requirements.
• Ensure financial reports are subject to audit and capture all necessary information for audit purposes.