Financial Analyst

Job Description

Job Description

Financial Analyst 

Essential Job Duties and Responsibilities

The essential functions include, but are not limited to the following:

· Budget Development & Monitorin g

o Assist in preparation, monitoring, and management of annual budgets for all child development centers.

o Incorporate enrollment forecasts, staffing plans, and operational needs into budget projections.

o Track budget variances and recommend corrective actions.

· Financial Reporting & Compliance

o Prepare monthly and quarterly financial reports for CDC leadership, Board of Directors, and external funders.

o Ensure compliance with state, federal, and grantor financial requirements, including Child Development Grants (CDG), Head Start, and other funding sources.

o Maintain accurate records for audits and funding reviews.

· Data Analysis & Forecasting

o Analyze tuition revenue, subsidy reimbursements, staffing costs, and program expenses.

o Prepare enrollment-based financial projections and long-term scenario analyses.

o Conduct cost-benefit analyses of programs, services, and proposed initiatives.

· Billing & Contracts Collaboration

o Partner with the Billing and Contracts team to reconcile tuition, subsidy reimbursements, and program funding streams.

o Monitor contract billing activity to ensure accuracy, timeliness, and compliance with funder requirements.

o Support contract review processes by providing cost analyses and expenditure reports.

o Assist in the development of financial systems and procedures to improve billing efficiency and revenue tracking.

· Grant & Contract Support

o Assist with fiscal management of child development grants and contracts.

o Monitor expenditures to ensure allowable costs and compliance with funding terms.

o Collaborate with grant writers and program staff to prepare budgets for proposals.

· Operational Support o Provide financial guidance to site directors and program managers. 

o Support payroll allocations, cost allocations, and fee-for-service analysis. o Evaluate program efficiency and profitability using cost accounting method

Minimum Qualifications:

o Bachelor’s degree in accounting, Finance, Business Administration, or related field required.

o At least 2 years of related financial analysis experience, preferably in nonprofit, education, or child development programs.

o Thorough understanding of GAAP, audit standards, and budgetary controls. 

o Strong knowledge of grant funding compliance and cost allocation principles.

o Advanced proficiency with Microsoft Excel, accounting software, and database management.

o Excellent organizational skills, attention to detail, and ability to meet deadlines.

o Strong communication skills, with the ability to present financial data to non-financial audiences.

o Bilingual English/Spanish (preferred). o Ability to maintain confidentiality (required). 

o Must pass background check, fingerprint clearance, and drug test. 

o Valid California driver’s license and proof of auto insurance. 

Physical & Mental Demands: