Job Location: Boston, MA
$3,000 Bonus – $1,500 after 3 months, $1,500 after 6 months
Job Summary{{:
}}
The Junior Business Analyst supports the service divisions of Bay Cove by providing ongoing fiscal analysis and oversight of budget variances, contractual changes and programmatic trends.
The Junior Business Analyst assists in monthly internal auditing of revenues and expenses, preparing revenue and cost projections, identifying fiscal trends and problems, and works closely with program staff to address and reconcile these issues.
This is an Non-Exempt position.
Reports To{{:
}} Director of Budgets & Business Analysis or Assistant Director of Budgets & Business Analysis or Senior Business Analyst
Supervisory Responsibilities{{:
}} None
Essential Functions of Position{{:
}}
Administrative & Financial Management Skills
- Develop and monitor budgets and other financial projections throughout the fiscal year for assigned Service Area(s) and new programs as they arise, in concert with program staff.
Lead budget development and budget review meetings with division staff.
- Act as Internal Auditor for assigned Service Area(s).
Perform monthly internal auditing and analysis on operational activities and budget versus actual variances.
Monitor actual expenses against contracted budgets, working with program staff to ensure spending and billing according to contract budgets.
- Identify and investigate trends and issues, and communicate findings to Supervisor.
Provide Supervisor with written narrative reports by the 10th of each month.
- Negotiate funding contract terms, complete contract paperwork, contract budgets and amendments and other reporting as needed with our funders.
Work with funders and program staff to resolve contract problems as they arise.
Learn, follow, and stay abreast of changes to funders’ and auditors’ regulations regarding assigned contracts.
- Act as a liaison for program staff, and a resource for information sharing and problem solving, advising on financial impacts of programmatic decisions, and training on cost coding, budgeting and financial report interpretation to non-financial staff.
Respond in a timely manner to all information requests.
- Establish trust, and maintain positive, effective and professional relationships with governmental agencies, colleagues, programs, and funding sources.
- Maintain departmental budget and subsidiary template workbooks in Excel and other formats and create new workbooks and processes for the Business Office as needed.
- Meet regularly with Supervisor to review and address budget variances, cost projections and programmatic and contractual changes.
- Work with A/R staff and funders to ensure that appropriate collection steps are taken when necessary.
Department Management and Operations Responsibilities
- Participate in annual audit, including but not limited to preparing audit schedules, reviewing and adjusting year-end general ledger, and providing information to auditors as requested.
- Follow and implement all program safety procedures.
- Attend and achieve competency at required training, including in-service training, conferences, and seminars within the indicated timelines.
- Assist Senior Director of Budgets & Contracts and Assistant Director of Budgets & Contracts with other tasks and projects as directed.
Requirements for the position{{:
}}
- Thorough knowledge of the principles and practices of managerial accounting.
- Ability to comprehend various program structures and models, goals, objectives, operations and contractual requirements, and to relate knowledge of GAAP principles, and State and Federal regulations as they apply to Massachusetts Human Service providers while adhering to Bay Cove’s internal budgets and policies.
- Strong critical thinking and analytical skills with the ability to collect, organize, manipulate, and disseminate significant amounts of information with attention to detail and accuracy.
- Comfortable in a high visibility setting, collaborating with people at all levels and effectively communicating by written, oral and visual means.
- Advanced Excel skills.
High degree of general computer literacy; ability to learn new applications quickly.
- Ability to prepare and interpret financial reports and statements.
- Ability to plan, organize and execute complex assignments within narrow timeframes.
Personal Characteristics{{:
}}
- Strong communication skills.
- Strong organizational skills.
- Strong commitment to excellence in your work, particularly accuracy and integrity in analysis and communications.
- Ability to negotiate and resolve differences.
- Ability to function under pressure in a fast-paced environment with multiple priorities.
- Ability to be flexible, open, and responsive to ongoing industry and agency changes.
- Initiative in identifying and addressing problems, and creative thinking in developing effective, creative solutions to those problems.
Physical Requirements
- Ability to move between various Bay Cove locations and when necessary to attend meetings at various locations within and outside of Bay Cove.
Other Qualifications{{:
}}
- Bachelor’s degree from an accredited School or College with an emphasis in the Accounting, Finance, Human Services Management, or related field, plus at least one year experience in fiscal analysis and interpreting financial reports; or a Master’s degree.
- Human Services experience preferred.
- An acceptable CORI (criminal record assessment).
- A COVID-19 vaccination is a requirement of the position.
One COVID-19 shot is acceptable, contingent on the individual receiving the second shot within the allotted time frame.
Apply Now
Submit CV To All Data Science Job Consultants Across United States For Free