Financial Reporting Specialist

Financial Reporting Specialist

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Locations: Los Angeles

Time Type: Full time

Posted On: Posted 3 Days Ago

Job Requisition ID: R8

Job Profile Summary

The Financial Reporting Specialist plays a crucial role in ensuring the agency's accuracy, integrity, and timeliness of financial data consolidation, reporting, and compliance. This position works closely with various departments to gather, validate, and consolidate financial information from multiple sources and prepare reports for internal and external stakeholders. Develops and delivers comprehensive monthly and annual financial & management reporting for C-Suite executive leadership and the Board of Trustees. Collaborates with business management financial analysts, fund development & grants management personnel, and other internal and external partners.

DUTIES

• Prepares and distributes internal and external financial statements, financial performance reports, and other funder/agency reports monthly.

• Serves as a key member in the accounting and financial planning process; develops, coordinates, and/or manages the financial budgets, forecasts, and models to support strategic planning and resource allocation.

• Utilizes historical performance and growth projections to evaluate business performance, analyze trends, and project future financial outcomes.

• Collaborates with the Chief Financial Officer (CFO), Controller, and Finance Directors to support the monthly closing process, budget and forecast reporting; analyzes all financial reports and assists in the improvement and execution process and reviews.

• Performs complex financial analysis and variance analysis reporting; creates financial system reporting solutions, track activities, and forecasts.

• Develops and maintains supporting documents for all financial reports; provides overview of reports for the agency and board committees; coordinates and prepares recurring financial consolidation reporting packages, including income statements, balance sheets, cash flow statements, management dashboards, and presentations for management.

• Prepares monthly cash flow analysis and weekly cash and investment reports for the CFO, supporting weekly cash flow, review analyses, and decision-making.

• Leads scenario analysis and sensitivity testing to evaluate potential financial outcomes and risks and make recommendations to program management.

• Collaborates with the Controller to comprise, analyze, and submit indirect cost reports to federal cognizant authorizing agency.

• Assists the Controller with the development and management of the Total Restricted Net Asset Report, Private Funder Contribution Report, and other reports in support of agency private grant fund development activities.

• Reconciles, coordinates, and validates financial information between Enterprise Resource Planning (ERP), Enterprise Performance Management (EPM), and Human Resource Management (HRM) systems.

• Supports the Controller in developing, implementing, and maintaining internal controls over financial reporting per generally accepted accounting principles (GAAP), uniform guidance, contractual requirements, and other regulatory agencies and private foundations' requirements.

• Other duties and special projects as assigned.

SUPERVISORY RESPONSIBILITIES

This job has no supervisory responsibilities.

QUALIFICATIONS

EDUCATION & EXPERIENCE

• Bachelor's degree in Business Administration, Finance, or Accounting required. Master's degree in Business Administration desired.

• 5+ years of finance experience specifically related to data analysis and reporting required. Non-profit experience is a plus.

• Experience creating forecasts and providing recommendations to upper management.

• Senior-level experience a plus.

OTHER QUALIFICATIONS

• Strong task prioritization and process improvement.

• Valid driver's license and state-required auto insurance.

• May require some travel.

• Ability to handle confidential information.

• Maintains patient privacy, including protecting the confidentiality, safeguarding the integrity and availability, and limiting the use and disclosure of patient Protected Health Information (PHI) to authorized individuals and entities.

• Participates in, conducts, and sustains performance quality improvement activities according to designated role and responsibilities.

• Sensitivity to service population's cultural and socioeconomic characteristics.

• Excellent verbal and written communication skills.

CERTIFICATES, LICENSES, REGISTRATIONS

None required.

COMPUTER SKILLS

• Advanced proficiency in a Windows environment, including Word, Excel, and Outlook.

• Accounting software (e.g., NetSuite, Workday Adaptive Planning, etc.).

VISION REQUIREMENTS

No special vision requirements.

NOISE LEVEL

Moderate noise.

REQUIRED TRAINING

• New Hire Orientation

• AB-1343: Sexual Harassment Prevention Training

• Mandated Reporter

COMPENSATION: $84,641.00 USD - $101,569.00 USD

In accordance with California law, the expected pay range for this position is included in this posting. The actual compensation will be determined based on factors permitted by law. New hires will be offered a salary at the starting point of the range to maintain internal inequity and allow opportunity for future salary growth. CII salaries are determined based on comprehensive internal and external market analysis, as well as the skills, education, and experience relevant to each position.

BENEFITS:

• Generous paid PTO, plus 10 paid holidays and CII is closed between Christmas and New Year.

• Excellent medical, dental, and vision insurance for eligible employees and qualified dependents.

• 403b Retirement Plan with employer contribution for eligible employees.

• Up to $4,500 in tuition reimbursement per calendar year.

• Eligible for the Public Service Loan Forgiveness program.

• Flexible Spending Account (FSA) & Health Savings Account (HSA).

• Employer paid Life and AD&D Insurance.

• Voluntary Supplemental Insurance.

• Opportunity for growth & advancement.

• Professional development & continued training.

• Team building & bonding through company sponsored events & activities.

CONTINGENCIES:

• Must be fully vaccinated for COVID-19 to comply with the California Department of Public Health (CPHD) order.

• Influenza immunization or declination.

• Tdap and MMR immunizations.

• Education verification.

• Reference check.

• Background fingerprint clearance (FBI, DOJ, CACI) conducted by the California Department of Social Services.

• Drug and alcohol screening.