Budget Analyst jobs in Worcester, MA

Overview: We are seeking a highly skilled and detail-oriented Budget Analyst to join our dynamic team at the Family Health Center. The ideal candidate will play a crucial role in managing and optimizing financial resources, ensuring efficient utilization of funds received from federal, state, and private grantors, and developing the organization’s budget. As a Budget Analyst, you will contribute to the organization's financial stability and support delivering essential healthcare services to our community.

Responsibilities:

1. Budget Planning and Development:
   • Collaborate with department heads to develop and manage comprehensive budgets for programs and projects.
   • Analyze historical financial data and trends to assist in the preparation of accurate and realistic budget projections.
2. Grant Funding Management:
   • Monitor and track funds received from federal, state, and private grantors.
   • Ensure compliance with grant requirements and regulations, providing timely and accurate financial reports to grantors as needed.
3. Financial Analysis:
   • Conduct regular financial analyses to identify variances, trends, and opportunities for improvement.
   • Make recommendations to management based on financial findings to enhance overall financial performance.
4. Expense Control:
   • Work closely with department heads to review and control expenditures, ensuring alignment with budgetary constraints and organizational goals.
   • Provide guidance on cost-saving measures without compromising service quality.
5. Reporting and Documentation:
   • Prepare and present financial reports, forecasts, and analyses for management and key stakeholders.
   • Maintain accurate and up-to-date documentation of budget-related processes and decisions.
6. Collaboration and Communication:
   • Collaborate with various departments to understand their financial needs and challenges.
   • Communicate effectively with grantors, ensuring transparency and compliance with funding requirements.
7. Risk Management:
   • Identify potential financial risks and develop strategies to mitigate them.
   • Stay informed about changes in funding regulations and adjust financial strategies accordingly.

Qualifications:

• Bachelor's degree in Finance, Accounting, Business Administration, or related field. Master's degree or professional certification (e.g., CPA) is a plus.
• Proven experience as a Budget Analyst, preferably in a healthcare or non-profit setting.
• Familiarity with federal, state, and private grant regulations and reporting requirements.
• Strong analytical skills with the ability to interpret complex financial data.
• Excellent communication and interpersonal skills.
• Proficient in financial management software and Microsoft Excel.
• Detail-oriented with a high level of accuracy in work.

If you are passionate about financial management, committed to supporting community health initiatives, and possess the skills outlined above, we invite you to apply for this exciting opportunity at the Family Health Center of Worcester.