Senior Financial Analyst

Essential Duties and Responsibilities:

BUDGET

• Develop and lead the organizational wide budget process, including census, revenue, staffing and expense development.
• Assist program staff with preparation of operating budgets, including gathering data to enable program staff to prepare accurate and meaningful budgets.
• Prepare analysis of the feasibility of budgeting assumptions.
• Identify revenue requirements and assist program staff and resource development department with obtaining revenue.
• Ensure that current operating budgets are properly reflected in the accounting system.
• Prepare or assist program staff with the preparation of pro-forma operating budgets necessary for program expansion or resource development.
• Prepare capital budgets for both Volunteers of America of Minnesota and Volunteers of America in Minnesota.
• Assist management with prioritizing capital expenditure requests.
• Assist with the communication of budget assumptions and information to the board of directors or outside interested parties.
• Assist management in analyzing and resolving revenue problems. Initiate or suggest plans to maximize revenue.

FINANCIAL ANALYSIS

• Perform complex financial modeling, data analysis and business planning in support of the organization’s forecast and long-term plan.
• Prepares month-end business performance reports, including forward-looking performance estimates and financial statement variance analysis, to partner with leadership to recommend improvement plans.
• Evaluate and communicate financial performance, including but not limited to key performance indicators, trends, drivers, and benchmarking analysis.
• Understands revenue cycle trends/changes and partners with internal subject matter experts.
• Develop and manage standardized allocation methodologies of administrative expenses to the programs.
• Collaborate with key business partners across the organization to develop, recommend and establish strategies, plans and processes to improve growth, profitability and cost efficiencies.
• Partners with leadership on the development of business plans for capital and program expansion.
• Seeks out new opportunities for continuous improvement and efficiency.
• Provides complex ad hoc analysis, including staffing changes, new technologies, services and programs based on multiple assumptions.

OTHER

• Automates and contributes to the innovation of key processes.
• Executes implementation solutions that conform to best practices.
• Participates in program rate increases and contract/proposal reviews.
• Other duties as assigned.

Decision Making Authority/Self-Initiative:

• Authority to formulate, affect, interpret, or implement management policy/procedure.
• Carries out major assignments in conducting the operation of the business.
• Performs work that affects the business operations to a substantial degree.
• Provides consultation and expert advice to management.
• Involved in planning long- and short-term business objectives.
• Investigates and resolves matters of significance on behalf of management.
• Take initiative, independently plan, organize, coordinate, and prioritize work.
• Effectively manage numerous projects simultaneously.

Professional relationships to be maintained:

• Staff, program directors, co-workers, outside agencies