Senior Financial Analyst

Description

Connecticut Institute For Communities, Inc., seeks to hire a full-time Senior Finance Analyst.  Under the direction of the Controller / Deputy Finance Director, this position has responsibility for the fulfillment of various financial responsibilities relating to CIFC’s Programs, specifically all Early Childhood Learning Programs, Beaver Street Apartments Cooperative, and miscellaneous analysis of CIFC Health Programs. In addition, this position will assist the Deputy Finance Director / Comptroller in maintaining compliance with OMBs Uniform Guidance and Head Start Performance Standards related to financial management. 

This position is chiefly responsible for the following functions and may perform other tasks as needed:

· Fiscal Management (80%)

· Program Governance (10%)

· Budget Planning (10%)

This position requires compliance with CIFC’s written standards, including its Compliance Program and all organizational policies and procedures. Such compliance will be considered as part of the employee’s regular performance evaluation. Failure to comply with the standards, which may include failure to report any conduct or event that potentially violates legal or compliance requirements, will be met by the enforcement of disciplinary action, up to and including possible termination, in accordance with CIFC’s Compliance Policy & Plan and the CIFC Employee Manual.

Under the supervision of the Deputy Finance Director/Comptroller:

A. Fiscal Management 

1) Ensuring the proper accounting for fixed assets analysis and monthly journal entry preparation 

2) Prepare the financial statements of all non-Health Center related programs for inclusion in the monthly Board of Directors package along with summary narratives of monthly variance results compared to budget for review and approval by the Deputy Finance Director/Comptroller 

3) Payroll timecard review and allocation for Early Learning programs

4) Completion of special projects as assigned (i.e inventory, annual CIFC Health Medicaid and Medicare cost reports, and quarterly CIFC consolidation 

5) Analysis of assigned general ledger accounts insuring that ending balances are correct, properly documented and agree to the general ledger for quarterly and year-end audit review. 

6) Providing assistance to the CFO and Deputy Finance Director during the annual audits of CIFC, the Beaver Street Co-Op, and CIFC affiliates.  

7) Responsible during the annual audits for the review and explanation to outside auditors of the prepared analyses of general ledger accounts referenced above

8) Reviewing the work of assigned Financial Assistants

9) Other related duties as assigned. 

  Performance Indicators:

· Monthly closings completed and on-time according to monthly closing schedules

· Board of Directors material completed accurately and on-time according to CEO’s schedule

· Proper analysis and understanding of the purpose of assigned general ledger accounts

· Understanding of accrual accounting, depreciation, amortization and financial statement preparation

· Understanding of grant accounting and fiscal year time periods

· Ability to complete tasks with minimum supervision

· Zero significant findings on fiscal portion of federal monitoring reviews

· Unqualified audit opinions and continued qualification as a federal low risk auditee

· Feedback from Deputy Finance Director/Comptroller and program managers

Program Governance:

Through the Deputy Finance Director/Comptroller, provide timely and relevant fiscal information to the Head Start Policy Council(s), Program Managers and CIFC’s Board of Directors

Performance Indicator Feedback From:

· Policy Council 

· Program Directors

· Deputy Finance Director/Comptroller 

· CFO

A. Budget Preparation

Under the supervision of the CIFC Deputy Finance Director/Controller, the position will work with other CIFC Senior Management (e.g. the Chief Executive Officer, Chief of CIFC Health and Organizational Enhancement, Chief of CELP, as well as program directors and others) in the development and planning of budgets for CIFC programs and projects, and the preparation of financial models, financial forecasts, pro-formas, etc.

Performance Indicator Feedback From:

· Supervisor

· CFO

· Other CIFC Senior Management

Employee Expectations

· Uphold the shared values of CIFC’s programs and services

· Cooperate with co-workers, providing assistance, information or other support as needed to ensure quality service to children and families a