South Bay Cities Council of Governments (SBCCOG) · 1 month ago
Financial Analyst Job Opening
Torrance, CA
Full-time
Onsite
Mid Level
$85K/yr - $105K/yr
3+ years expThe South Bay Cities Council of Governments (SBCCOG) is a joint powers authority focused on enhancing quality of life in the South Bay community. They are seeking a Financial Analyst to perform complex accounting, budgeting, and financial reporting tasks, ensuring compliance with GAAP and supporting the organization's various programs.
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Responsibilities
Perform financial activities consistent with GAAP, including general ledger accounting, accounts payable, accounts receivable, and budget support
Compile and analyze financial data; prepare journal entries, financial statements, reports, and reconciliations
Coordinate grant budgets, prepare invoices, including related reporting, track and reconcile consultant and program expenditures
Prepare monthly, quarterly, and annual financial reports for funding agencies
Support audit preparation and financial reporting processes; assist with the annual and mid-year budgets
Serve as budget liaison to assigned program and project managers; monitor and forecast revenues and expenditures
Monitor legislation, regulations, and industry practices in assigned program areas; recommend policy and procedural updates
Provide training and instruction to staff as requested
Develop and maintain positive working relationships with internal staff, agencies, and the public
Conduct cash flow monitoring and assist with treasury and banking coordination
Review and monitor internal control processes and recommend improvements
Perform cost allocation analyses and support development of indirect cost rates
Review financial components of contracts and procurements for funding availability and compliance
Monitor non‑grant revenue streams, billing accuracy, and reconcile revenue activities
Document financial procedures, workflows, and updates to finance-related practices
Support year‑end close activities, including accruals, adjustments, and schedule preparation
Assist with financial system reporting, configuration needs, and user testing
Attend training, meetings, and conferences
Performs related duties as assigned
Qualification
Required
A Bachelor's degree in accounting, finance, business administration, or related field
At least three (3) years of increasingly responsible professional accounting experience, preferably in local government
Municipal and fund accounting principles and practices consistent with GAAP
Governmental budgeting methods, financial reporting requirements, and audit procedures
General ledger structure and accounting cycles
Accounts payable and accounts receivable processes
Grant accounting requirements, reimbursement rules, and invoicing standards
Budget schedules and documentation requirements
Internal control practices
Reconciliation methods
Procurement and contract processes
Audit procedures
Ethical standards and confidentiality requirements
Perform complex professional accounting work and make appropriate and effective recommendations
Prepare journal entries, reconciliations, financial statements, and reports
Prepare grant and funding reports
Develop grant budgets and reimbursement requests
Interpret funding requirements
Identify discrepancies and recommend corrective actions
Coordinate with program managers, granting agencies, auditors, and staff
Manage multiple deadlines
Use accounting software and spreadsheets effectively
Establish and maintain effective working relationships with others
Perform complex mathematical calculations and financial analyses accurately and timely
Apply GAAP and governmental accounting standards
Assist in the development of and monitor budgets
Prepare accurate audit and budget documentation
Identify and implement process improvements
Communicate clearly in written and verbal form
Organize work and meet deadlines
Exercise discretion and sound judgment
Work collaboratively and independently
Build cooperative relationships
Must possess a valid California Driver's License
Preferred
Experience with grant-funded programs is desirable
Benefits
Major Federal holidays off as well as December 24 through January 1 + 8 hours Floating Holiday
Vacation Leave: 104 hours 1st year; 112 hours 2nd year + 8 hours annually with a maximum accrual of 192 hours
Sick Leave: 8 hours/month
$50,000 employer provided term life insurance coverage, while employed by SBCCOG
$500/month to apply towards health benefits (unused amounts are applied to 457 deferred compensation retirement plan)
$200/month employer contribution to deferred compensation (457 retirement plan)
Company
South Bay Cities Council of Governments (SBCCOG)
The South Bay Cities Council of Governments (SBCCOG) is a joint powers authority government agency of 16 cities and the County of Los Angeles that share the goal of maximizing the quality of life and productivity of the South Bay subregion of Los Angeles.
11-50 employees
Funding
Current Stage
Early StageRecent News
Los Angeles Business Journal
2024-11-11
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