Senior Budget Analyst - Finance & Accounting

JOB SUMMARY :

At CSIS we actively seek to employ a diverse group of people who embody our organizational values. We welcome and encourage individuals of all backgrounds to apply, especially those from traditionally underrepresented groups.

The Center for Strategic and International Studies (CSIS) is a non-profit, bipartisan public policy organization established in 1962 to provide strategic insights and practical policy solutions to decision makers concerned with global security and prosperity.

Over the years, it has grown to be one of the largest organizations of its kind, with a staff of over two hundred employees, including more than 120 analysts working to address the changing dynamics of international security across

the globe.

The Senior Budget Analyst is an integral part of the financial planning function within the Finance & Accounting Team. The position works with a portfolio of CSIS policy programs and administrative departments, including program coordinator, managers, and senior staff in budget planning, analysis, and reporting.

The candidate must be a initiative-taker who is motivated, team player, proactive, and detailed oriented.

The Senior Budget Analyst must have deep understanding of GAAR accounting practice, including but not limited to cost accounting methodologies, grant and contractual revenue recognition, proven experience of non-profits budgeting concepts, practices, and procedures, and hands-on experience with accounting and budget CRMs.

The candidate must have excellent communication, judgement, and organization skills. The position will report to the Deputy CFO.

The annual salary for this position is $115,000.

ESSENTIAL DUTIES AND RESPONSIBILITIES :

Budget Development and Forecast

• Develop an understanding of his / her portfolio of departments and programs, and its funding streams and / or cost structure.
• Assist programs / departments with developing operating budget in the budget system,

including personnel budget, labor allocation, billing rate, direct expenses, funding transfers,

and overhead applications.

Develop, review, and advise programs on proposal budgets to ensure appropriate cost

coverage, based on funding opportunities and solicitation requirements.

Timely updates of projects budgets and forecasts, working with program staff, to reflect

changing assumptions in revenue, personnel, and other direct project costs.

Revenue Recognition & Allocation

Prepare invoices, review disbursement requests, and expense reports to ensure proper

allocation of expenses, release of revenues, and compliance to funding requirements.

Review signed MOUs to understand the teams and conditions of the funding, setup proper

codes and allocation rules in the accounting project module to ensure accurate allocation and

revenue forecast.

Work with development and program staff to identify and monitor progress of funding

opportunities.

Other duties as assigned.

Financial Reporting and Analysis

Prepare monthly financial reports with analysis for dissemination and discussion with program

directors and budget staff.

Prepare and / or submit interim and final financial reporting to fulfill funders’ reporting

requirements.

If Federal funding, prepare, submit and record monthly and / or quarterly federal and

private contract billings via accounting system (MS Dynamics SL) and CRM (Salesforce).

• Perform budget to actual variance analysis to identify inaccuracies, trends, and irregularities.
• Perform reclassification to address potential budget shortfalls or cost overruns, and

opportunities for surpluses.

Assist with Deputy CFO with analysis of programs budget and performance, for

decision-making and recommendations to management and programs.

KNOWLEDGE, EDUCATION, AND EXPERIENCE :

Proven experience working in the Nonprofits institutions on budget, grants, contracts, and analysis

is essential.

• Experience with industry standard accounting and / or budget systems is required.
• Experience with MS Dynamics SL, Workday Adaptive Planning, Salesforce is highly desirable.
• Seven years of progressive and relevant analytical budgeting, grant accounting experience in

nonprofits (Master of relevant fields can constitute two years’ experience).

Bachelor’s degree in business administration, Accounting, or Finance required; MA, MS or MBA are

preferable.

• Understanding of GAAP and OMB Circulars and Uniform Guidance is essential.
• Excellent written and verbal communication and people skills
• Strong organization and time management skills
• Demonstrably strong judgement and decision-making skills
• Strong Ability to multi-task and prioritize.

PHYSICAL REQUIREMENTS AND WORKING CONDITIONS :

The physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Performances of duties require the use of hands to finger, handle, or feel. The job frequently requires ability to stand, walk, sit, reach with hands and arms and talk or hear.

Specific vision abilities required include close vision, distance vision, peripheral vision, depth perception and ability to adjust focus.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

The noise level in the work environment is usually moderate.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status.

Affirmative Action / Equal Opportunity Employer.

HOW TO APPLY :

Interested applicants should submit an application and resume at https : / / careers.csis.org.

Required Skills

Required Experience