Sr. Financial Analyst

Job DetailsJob Location: University Park - Los Angeles, CA 90007Position Type: Full TimeSalary Range: $66,000.00 - $99,000.00 SalaryROLE SUMMARY:

The Sr. Financial Analyst is responsible for driving cost-saving initiatives and financial strategy by preparing financial models,  tracking the company's financial performance against annual budgets and established contracts with various government and private agencies, and synthesizing clinical, statistical, and billing data to help improve operational margins.

ESSENTIAL FUNCTIONS:

Prepares detailed monthly and quarterly financial reports, variance analyses, and reimbursement requests for contracts from government and private entities for internal leadership team and stakeholders.
Manages contract and grant budgets to ensure inclusion of direct and indirect expenses, monitor budget to actual variances, and process funding reimbursement requests timely.
Analyzes the effectiveness of programs by monitoring revenue against expenditures, meeting with program managers and staff to ensure accurate billing and identify budget modifications if needed.
Collaborates with stakeholders to prepare contract modifications, renewals, and draft financial proposals for new funding opportunities.
Monitors cash collection status for all contracts ensuring all payments and expenditures are appropriately allocated and adhere to contract and organizational policies.
Reconciliation of daily cash activity, payables, receivables, general ledger, bank statement and credit card accounts.
Records and classifies transactions accurately using appropriate accounting segments and performs month end closing entries.
Maintains records to assist the Controller with year-end financial audit, contract monitoring and independent agency reviews.
Completes ad hoc analysis reporting and requests from the Chief Financial Officer.
Performs other tasks as assigned.

REQUIRED QUALIFICATIONS:

A Bachelor’s degree in in finance, accounting, economics, or related field is required. Requires three (3) to five (5) years of experience working in an accounting department managing Department of Mental Health (DMH) government contracts and funding, preferably at a non-profit organization or an equivalent combination of experience and education. Advance Microsoft Excel skills and experience in GAAP non-profit/ government accounting standards and CFR 200 requirements. Knowledge and experience working with city, county, and federal funding sources.

CONDITIONS OF EMPLOYMENT:

Employee may be asked to pursue additional training when it is determined to be in the best interest of the Company. Employee must have the ability to use a personal vehicle with the required insurance coverage to complete the essential duties of their job and conduct agency business. Employee must maintain a valid California driver’s license and clean driving record that meets Wellnest’s insurance carrier’s criteria for liability coverage. In keeping with Company policy for all employees, the successful applicant must also complete a test for TB, and fingerprint clearance by the Department of Justice. Employee must agree to Wellnest's Arbitration Agreement as a condition of employment.

WORKING CONDITIONS:

Employee regularly works in an office environment. Employee may be required to work flexible, evening and/or weekend hours for time-sensitive projects.

REASONING ABILITY: 

Ability to effectively present information and respond to questions from clients, office personnel, other employees and the general public
Demonstrates a full understanding of all aspects of the Company balance sheet and income statement
Ability to analyze budgetary line items for compliance with budget guidelines
Ability to read, analyze and interpret manual and office documents
Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form
Ability to define problems, gather, transcribe and post data, analyze, synthesize and classify information, and draw valid conclusions where only limited standardization exists
Ability to work independently and with others - including other employees, clients and members of the public - in face-to-face and telephonic contexts
Ability to multi-task, establish priorities and manage time, meet deadlines and perform duties under time constraints
Ability to be flexible and adapt to changing work demands
Maintain high level of concentration and attention to detail for extended periods of time
Ability to respond effectively to sensitive inquiries or complaints
Maintain a high level of ethical and professional standards in accordance with agency and community policy

PHYSICAL DEMANDS:

Ability to talk or hear in order to give and receive information and instructions.
Ability to stand, walk, sit, use hands to finger, handle or feel objects, tools or controls
Ability to reach with hands and arms.
Ability to use computer keyboard up to 75% of the day.
Visual acuity, abi