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Financial Analyst
- NJEDA (NJ)
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Overview
Job Summary
The Position is responsible for planning and analyzing annual and monthly budget variances, assessing the feasibility of proposed projects, and documenting fiscal terms associated with Memorandums of Understanding (MOUs) and other agreements. This role also includes tracking state appropriations and drafting budget summaries.
Salary Range $83,200-$88,440
Responsibilities
Duties and Responsibilities
+ Assist Accounting & Finance with annual fiscal plan preparation and management financial reporting
+ Create/improve financial forecasting and reporting models to support management decision-making
+ Help prepare Cash flow analyses and interest income projections
+ Provide trend analysis of spending on various loan and grant products
+ Assist in identifying risks and opportunities associated with EDA funded spend and revenue.
+ Identify opportunities for process improvements and communicate improvements to NJEDA management
+ Support management in the development of the annual NJEDA state and federal budget request
+ Work with Accounting and other stakeholders on the integration of a new general ledger system
+ Monitor and track the spending of federal appropriations and prepare reports as needed\
+ Help develop product administrative budgets, tracking resources/expenses, and reporting on available balances
+ Create and maintain crosswalks of NJEDA Board approved products and state/federal fund sources
+ Help develop product administrative budgets, tracking resources/expenses, and reporting on available balances
+ Management of financial reporting as it relates to EDA’s state and federal appropriation funded products
+ Respond to inquiries and ad hoc requests from program and executive personnel
+ Promotes teamwork and communication to encourage an interactive, cooperative, collaborative, and customer-focused work environment among division, EDA staff, and external customers
+ The EDA currently operates in a hybrid office/remote environment. Individuals work with their teams and supervisors to agree on operating protocols and expectations. Please note, as with most hybrid office/remote models, there will be times or peak periods that may require a greater proportion of in-office activity to achieve key objectives.
+ Must complete annual and semiannual self-assessment, as required
+ Perform other duties and work on assigned projects, as required
Qualifications
Required Skills and Abilities
+ Must possess a thorough knowledge of financial accounting and financial systems/data
+ Ability to prioritize workload, must be highly organized, detail-oriented, handle various tasks simultaneously and work independently within limited time constraints with little or no supervision
+ Ability to communicate effectively both verbally and in writing; proficient in grammar, spelling and editing; foster communications with various business professionals and EDA staff
+ Able to interact with other departments to convey and solicit financial information, data, and reporting needs
+ Must be able to maintain confidentiality and deal effectively and diplomatically with various business professionals and EDA staff
+ Demonstrates respectful behavior and promotes teamwork and communication to encourage an interactive, cooperative, collaborative, and customer-focused work environment among division, EDA staff, and external customers
+ Advanced proficiency in Microsoft Office Suite (especially Excel) and accounting and reporting systems. Must possess the ability to learn and master new software systems and solutions.
+ NJEDA utilizes Microsoft as the core application platform and proficiency in the Microsoft Office Suite is preferred.
Desired Qualifications
Education and Experience Requirements
+ Bachelor’s degree in accounting or finance. MBA preferred.
+ At least seven years in government service or private industry, preferably in a field of budget, finance and/or accounting.
+ Familiarity with the State of NJ and federal government appropriation process
+ Proficiency with financial modeling and data analytics
+ Strong familiarity with federal guidelines for allowable federal costs
+ Strong communication and presentation skills
+ Ability to work with senior management
+ Proven problem solver
+ Ability to work alone and to work in teams
Physical Demands
+ Minimal
+ Ability to work outside normal business hours, as needed
Travel
+ As necessary to events, meetings, etc.
Certificates and Licenses Required
+ License: Staff are required to possess a valid driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essentials duties of the position
Note
The examples of work for this title are for illustrative purposes only. A particular position using this title may not perform all duties listed in this job description. Conversely, all duties performed on the job may not be listed. This job description is intended to convey information essential to understanding the scope, general nature and level of work performed by job holders within this job. This job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.
Your employment at NJEDA is voluntary and subject to termination by you or NJEDA at will, with or without cause, or with or without notice, at any time. Nothing in this job description shall be interpreted to conflict, eliminate or modify the employment-at-will status of NJEDA employees.
This position is considered exempt and is excluded from minimum wage, overtime regulations, and other rights and protections afforded nonexempt workers under the FLSA.
NJEDA reserves the right to amend/revise this job description as necessary to meet current and changing business needs.
Equal Opportunity Employer
NJ SAME Program
Position Requirements
+ Foreign degrees/transcripts must be evaluated by a reputable evaluation service at your own expense and must be submitted prior to a start date. If this cannot be provided within 21 days of an offer the offer will be rescinded.
+ Must comply with the “New Jersey First Act” which requires employees hired after September 1, 2011 to reside in New Jersey. Non-New Jersey resident employees must relocate to New Jersey within one year of their date of hire and provide proof of residency to Human Resources.
+ Must complete an Outside Activity Questionnaire (disclosure of outside office or employment) on an annual basis.
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LocationUS-NJ
Job ID 2026-2228
Category/Department Finance
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