THE SALVATION ARMY
NCI DIVISION - HEADQUARTERS
POSITION DESCRIPTION
POSITION TITLE: Financial Analyst
LOCATION/DEPT: DHQ- Finance Department
REPORTS TO (TITLE): Chief Financial Officer and Divisional Director of Finance
FLSA CATEGORY: Exempt
STATUS TYPE: RFT
OUTCOMES
Responsible for providing management reporting and analysis to All NCI Financial Departments ,reconciliation, and financial service responsibilities identified below. Departments and Programs will receive this financial analysis support that assists them in managing their operations and ensuring compliance with established policies and procedures of the Salvation Army, generally accepted accounting principles and contract requirements.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Financial Analysis/Management Support
- 1. Provide financial analysis, consultation and support to Department, Corps, or Program Directors as follows:
- Complete regular analyses of actual versus budget income and expenses variances to assist Department and Program Directors in their decision-making process and the timely identification of unfavorable revenue or expense trends.
- Analyze balance sheet accounts as necessary or required.
- Assist in the preparation of financial summary reports for Officer's presentation to Advisory Boards, including attending meetings to explain financial results as requested.
- Assist, when needed, in budget preparation.
- Assist with month end year end closing procedures as required.
- Assist Department staff with adjusting entries, accruals and reclassifications as necessary.
- Become the SME (Subject Matter Expert) for the NCI Division on Accumatica Financial Reporting including standardized management reporting development and deployment.
- Annual Cost efficiency and/or top line growth target support will be set according to availability of projects, but generally will be assessed proportionate to experience and capability.
- Conduct quarterly finance review meetings with Department, Corps, and Program Directors, discussing financial operating trends and providing operationally related financial forecasts and/or cost-benefits analyses that will assist with sound fiscal management.
- Preparation and distribution of monthly financial dashboards and monthly financial statements to Department, Corps, and Program directors.
- Assist with training staff on systems and procedures within NCI Division.
Internal Audit
- Assist with the annual THQ internal audit by gathering or preparing requested information or responses, reconciliations or workpapers, all supported by appropriate documentation.
- Assist with internal audits of local units throughout the NCI Division as follows (YTBD):
- Audit records to determine compliance with established accounting and bookkeeping policies/procedures and to determine the viability of ongoing fiscal stability.
- Prepare reports and provide recommendations to improve financial controls, practices, and procedures.
- Propose recommendations for corrective actions in those cases where deficiencies exist, including identification and communication of opportunities for the strengthening of internal controls and improvement of operating efficiencies.
- Provide training to Officers and staff in developing methods and procedures that will result in improvements in financial recordkeeping and reporting.
Reconciliation Financial Services
- Perform all required responsibilities for the following:
- Assist with the preparation of the annual THQ Consolidation reports as directed by the Divisional Director of Finance.
- Assist with any 1099 IRS or other governmental reviews as needed.
- Compiling daily workflows and operating procedures for the Finance Department into a resource manual and ensure that the manual is reviewed and updated as necessary on an annual basis.
- Providing back-up for other operational areas in the Finance Department.
- Other duties as assigned.
REPORTING RELATIONSHIPS
This position reports to the Chief Financial Officer and Divisional Director of Finance.
In contacts related to this position's duties, this individual acts as a representative of The Salvation Army and its mission.
PERFORMANCE MEASURMENTS
This individual will be evaluated on how effectively the outcomes of this position are achieved as well as the timeliness, accuracy and completeness of accomplishing assigned goals.
An evaluation of how effectively staff and professional contacts respond to the services being provided will also be done.
EDUCATION / EXPERIENCE
- A 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, work, Outlook and other PC based accounting and financial reporting applications.
COMPENTENCIES
- Willing to promote the mission of The Salvation Army.
- An interpersonal style that is service oriented as well as anticipates and responds to the needs of client departments.
- A demonstrated ability to manage projects, priorities and information.
- A demonstrated ability to investigate and resolve problems.
- Ability to gather information, consult with others, analyze and communicate options, and work in a team environment as well as independently.
- A positive attitude and the ability to be flexible in light of changing job situations/priorities.
- Precision in managing detail, procedures, processes and policies.
- A communication and management style that exhibits the principles and values of the Army and fosters team relationships, effectively communicating information.
- An extensive knowledge of the principles of accounting and financial analysis, especially in a nonprofit setting.
- An understanding of data management, procedure development and flow of information.
- Excellent communication (verbal and written) and interpersonal skills, using diplomacy and good judgment.
- A hands-on knowledge of how to effectively work with diversity in the workplace.
POSITION LIMITATIONS
- This individual will only commit resources that have been allocated or approved.
- This individual will keep the Executive Director of Finance informed on all critical issues relating to his/her area of responsibility.
- This individual will adhere to all Army policies and procedures in carrying out the responsibilities of this position.
PHYSICAL DEMANDS/WORK ENVIRONMENT
- This position is required to do light to moderate physical work.
- In order to successfully perform the essential functions of this position, the employee is regularly required to use standard office equipment and a PC.
- The work environment includes an office environment with a low noise level.
- Maintain positive work atmosphere by behaving and communicating in a manner that fosters and maintains positive relationships with co-workers and supervisors. This would include but not be limited to such actions: resolution of conflicts in a positive manner; courteous treatment of staff, clients and visitors; respect of others' property and person, professional and appropriate communication to and about co-workers, supervisors and subordinates. Support the Mission of The Salvation Army by treating every donor, contact and colleague with respect and dignity, and without discrimination of any kind.
THE SALVATION ARMY MISSION STATEMENT
The Salvation Army, an international movement, is an evangelical part of the universal Christian church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.