Financial Analyst I

Tags: Law finance language Environment
  • Added Date: Friday, 13 September 2024
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Job Summary:

The Financial Analyst I is responsible for supporting the financial operations of the organization by collecting and analyzing basic financial data. This entry-level role involves preparing standard financial reports, assisting in budgeting and forecasting processes, and supporting basic financial modeling activities. The Financial Analyst I aids in performing variance analysis, tracking project expenses, and ensuring adherence to financial regulations. Additionally, they assist in monitoring sub-recipient financial activities, identify minor risks, and support the management of resources for specific projects. The Financial Analyst I works closely with senior analysts to develop their skills and gain exposure to more complex financial responsibilities. Provides initial analysis and business modeling support on strategic initiatives for senior management and field operations.

Accountabilities:

  • Collects and analyzes basic financial data

  • Generates the project financial reports for initial review and analysis of monthly financial reports regarding budget to actual and forecasts.

  • Assists in preparing budgets and forecasts

  • Support basic financial modeling activities; seeks explanation for variations to data

  • Assists in performing variance analysis

  • Has basic knowledge of applicable financial and accounting statutes and regulations.

  • Interprets and applies laws, analyzes information, and evaluates the impact of policies, procedures and practices.

  • Reviews and inputs financial data and final cost objectives, account information into accounting software systems.

  • Communicates findings to internal teams

  • Provides data support for strategic initiatives

  • Assists with tracking resource allocation and utilization

  • Utilizes financial tools and systems for analysis

  • Provides initial support for field programs by supporting the preparation of materials to conduct live and virtual meeting training on financial systems and processes.

  • Works with Global Program Management (GPM) staff to help them understand the financial aspects of the assigned Country Offices.

  • Supports basic financial tracking of sub recipients

    Applied Knowledge & Skills:

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