Financial Management Specialist

6 days ago

Baltimore, Maryland, United States Beacon Hill Full time

Beacon Hill Financial is seeking an experienced Financial Management Specialist to join their team in Baltimore. The ideal candidate will have a passion for financial management and expertise in maintaining accurate financial records, budgeting, and reporting.

Key Responsibilities:

  • Maintain accurate and up-to-date general ledger entries, including revenue, expenses, grants, and donor contributions.
  • Ensure proper documentation and coding for all transactions.
  • Assist in the preparation of monthly, quarterly, and annual financial reports.
  • Provide insights into financial trends, budget variances, and cash flow to help guide organizational decision-making.
  • Track restricted and unrestricted funds, ensuring compliance with grant requirements and donor restrictions.
  • Prepare financial reports for grants and assist in the preparation of grant proposals and renewals.
  • Process and record invoices, expenses, and reimbursements.
  • Ensure timely payments to vendors and proper reconciliation of accounts payable.
  • Manage donor contributions, including posting donations and generating donor acknowledgment letters.
  • Assist with the preparation of annual budgets and regular forecasts.
  • Monitor and report on actual versus budgeted expenses, providing analysis and recommendations to senior finance staff.
  • Assist with year-end audits, preparation of financial schedules, and coordination with external auditors.
  • Ensure adherence to non-profit financial regulations, including proper documentation and internal controls.
  • Support payroll processing, including ensuring proper coding of payroll expenses and compliance with applicable regulations.
  • Work closely with HR to manage employee benefits and deductions.
  • Reconcile bank statements and credit card accounts on a monthly basis, ensuring all transactions are properly documented and accounted for.
  • Work closely with program managers and department heads to provide financial support for budgeting, forecasting, and financial decision-making.
  • Collaborate with other departments to enhance organizational efficiency.

Requirements and Qualifications:

  • Bachelor's degree in accounting or related field.
  • Minimum 2 years experience in financial management or accounting.
  • Proficiency in accounting software and spreadsheets.
  • Strong analytical and problem-solving skills.
  • Excellent communication and teamwork skills.

Benefits:

  • Competitive salary: $85,000 - $110,000 per year.
  • Comprehensive health insurance package.
  • Retirement plan matching.
  • Paid time off and holidays.
  • Professional development opportunities.

Beacon Hill is an Equal Opportunity Employer that values diversity and inclusion. We are committed to creating a work environment that is free from discrimination and harassment. If you are passionate about financial management and want to be part of a dynamic team, please apply now.

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