Financial Analyst

Job Title

In order to qualify for this position, resumes must provide sufficient experience and/or education, knowledge, skills, and ability to perform the duties of the position. Applicant resumes are the key means for evaluating skills, knowledge, and abilities as they relate to this position therefore, applicants are encouraged to be clear and specific when describing experience.

Duties Related To Financial Analysis

Duties related to financial analysis include but are not limited to:

• Performs scheduled and nonscheduled in depth financial analysis of CNIC NAF activities.
• Develops procedures, techniques, and controls used to perform financial and operational analysis of budget estimates, financial and operating statements, and special reports.
• Develops budget policy, procedures, and instructions.
• Analyzes annual NAF and appropriated fund (APF) budget data submitted by field activities for conformance with existing policy and procedures; recommends revisions of budget estimates; and assists activities with budget responsibilities and interpretation of policies.
• Determines appropriate Uniformed Funding Management (UFM) offsets and records UFM offsets in the accounting record.
• Prepares source document UFM MOA; maintains records to determine status of grants transferred and pending transfer to regional command accounts; reviews approved Region grant requests; tracks and reconciles Region expenditures in accordance with the CNIC NAF Grant standard operating procedure (SOP); prepares reports showing status of grants.
• Processes requests and maintains records for the annual NAF Decentralized Grant and Loan Process.
• Performs investment tracking to include preparing General Journal entries to record investment transactions.
• Prepares financial analysis requirements for construction project submissions and reviews submissions for economic feasibility.
• Works with external auditors during audit engagements providing information as needed.
• Performs data collection, analysis, reconciliation and general ledger postings.
• Reconciles general ledger accounts across the enterprise related to payroll, follows up on outstanding items, and makes necessary corrections with adjusting entries when required.
• Validates and processes all general ledger related payroll adjustments for corrections to employee pay.
• Makes recommendations concerning financial assistance to Morale, Welfare and Recreation (MWR) activities for operational, equipment, and facility requirements.
• Provides advice/assistance to CNIC field activities as needed to help in the area of budget/finance.
• Supports, monitors, reviews, and analyzes the cost accounting of the Information Technology (IT) Franchise Services program within CNIC, N9, and other Services, including conducting financial analysis, managing the contracts by tracking contract line item numbers (CLINs), month-end close process, accounts receivable billings, and inventory management.
• Works with Systems, Applications and Products (SAP) financial management systems; KRONOS timekeeping system; and ADP payroll system.

Duties Related To Cash Management

Duties related to cash management include but are not limited to:

• Performs Field Cash Concentration which includes gathering balance reports, calculating sweep amounts, managing stale dated check process, and transmitting ACH file using Commercial Banking Software.
• Maintains the Access database used for Cash Concentration.
• Performs account setup for the Automated Cash Concentration system for accounts outside the managed database.
• Acts as authorized signatory for local bank accounts and HQ accounts; and maintains files on all bank information. Maintains all signature cards on HQ and field accounts.
• Monitors and administers id setups, password resets and wire authorizations on HQ and field accounts. Monitors and administers various web-based and online banking systems. Provides information as required for HQ and field requests.
• Interfaces with HQ and field commercial bank customer and client relationship managers on a regular basis.
• Monitors bank analysis charges and service charges for central bank accounts.
• Transmits positive pay and EFT files daily. Reviews and makes pay/no pay decisions for exceptions. Initiates some ad hoc ACH transactions as needed.
• Retrieve, decrypt and process daily payables and payroll cashed check files. Reconciles the general ledger balances of the checking accounts to bank balance reports. Research and correct discrepancies in account balances. Processes stale dated payroll checks on a monthly basis.
• Make daily bank reconciliation entries for HQ and record monthly intra -account activity.
• Monitors Collateral needs for large depository accounts.
• Secures collateral for accounts which exceed deposit insurance limit via TCMM.
• Prepares reports and accounting entries for Navy cash operations for designated fund custodians onboard Navy aircraft carriers.
• Monitors and reconciles Intercompany cash, restricted cash balances, payroll direct deposit and tax payments.