Grants and Contracts Financial Analyst
EAC Network
About the role
About EAC Network
EAC Network is a leading not-for-profit social service agency dedicated to helping over 80,000 people through 100 impactful programs across Long Island and NYC. We are looking for a dedicated full-time Grants and Contracts Financial Analyst to join our Finance department.
- Salary: $70,000 to $85,000 per year
- Schedule: Monday to Friday from 9am to 5pm ET
- Location: 99 Quentin Roosevelt Blvd, Suite 200 in Garden City
Primary Purpose of Job
The Grants and Contracts Financial Analyst supports the financial management and performance of EAC Network programs funded by government and private sources. The Analyst focuses on budget development, contract utilization, and financial analysis across multiple programs. The role provides ongoing visibility into contract spending, identifies risks related to underutilization or overspending, and supports alignment between program operations and approved budgets. The Analyst works closely with the COO, Finance Department, and program leadership to support informed financial decision making and effective use of contract funds. This role is analytical and coordination focused. The Analyst provides data, insights, and recommendations to support decision making. The position requires regular interaction with program leadership and finance staff and the ability to manage competing priorities across multiple funding streams.
Principal Duties and Responsibilities
- Maintain and update a centralized contract tracking system that includes contract values, budget categories, expenditures, and key financial deadlines.
- Run monthly budget versus actual analysis using financial data from FundEZ and other internal sources.
- Calculate contract burn rates and compare actual spending to expected pacing. Flag contracts that are underutilized or at risk of overspending.
- Track and analyze spending across major budget categories including personnel, fringe, and OTPS.
- Prepare monthly contract utilization and variance summaries for the COO and program leadership.
- Support program staff in understanding contract balances, spending requirements, and allowable costs.
- Assist in the development of program budgets and financial projections by compiling and analyzing input from program and finance staff and ensuring alignment with funder requirements and internal financial practices.
- Draft budget modification requests for review by Finance leadership and the COO.
- Support reconciliation of voucher data to approved contract budgets and assist in identifying discrepancies prior to submission.
- Track key contract dates including reporting deadlines, claims schedules, modification windows, and renewal timelines.
- Support preparation of the Consolidated Fiscal Report by compiling financial data and reconciling general ledger accounts to reporting categories as needed.
- Serve as backup support for CFR preparation during reporting cycles.
- Respond to ad hoc financial analysis requests related to contract performance, spending trends, and program projections.
- Other duties as assigned.
Knowledge, Skills, and Abilities Required
- Bachelor’s degree in finance, accounting, business administration, public administration, or related field preferred. Relevant experience may be substituted for formal education.
- Minimum of three years of experience in nonprofit finance, grant management, budgeting, or financial analysis. Experience with government funded or reimbursement based contracts preferred.
- Strong analytical skills with the ability to interpret financial data, identify variances, and assess spending trends.
- Advanced proficiency in Microsoft Excel and experience working with financial systems. Experience with nonprofit accounting systems required. FundEZ or similar systems strongly preferred.
- Ability to interpret contracts, budgets, and financial reports and translate them into clear, actionable information.
- Strong organizational and time management skills with the ability to manage multiple contracts and deadlines.
- Effective communication skills and ability to work collaboratively with finance and program staff.
- High attention to detail with strong follow through.
What We Offer
- Comprehensive Benefits Package: Medical, Dental, and Vision Insurance, 401K with a 3% match after one year, 30 days Paid Time Off in your first year, and 14 Paid holidays.
- Additional Perks: Short-term and long-term disability coverage, flexible spending accounts, wellness benefits, PlumBenefits, Verizon wireless discounts.
- At EAC Network, you will find more than just a job – you will find a supportive work environment committed to your well-being and growth. We champion equity, justice, and belonging, fostering a workplace where every voice is valued and empowered. We offer many roles with flexible and hybrid schedules to help you maintain a healthy work-life balance, and our generous PTO policy and Summer Fridays ensure you have time to recharge. Our commitment to wellness also earned us the 2024 Gold Healthy Workforce Designation from Cigna. Additionally, EAC employees may be eligible for the Public Service Loan Forgiveness program. At EAC Network, you are part of a team making a difference in our communities across Long Island and New York City, every day.
Requirements
- Minimum of three years of experience in nonprofit finance, grant management, budgeting, or financial analysis.
- Strong analytical skills with the ability to interpret financial data, identify variances, and assess spending trends.
- Advanced proficiency in Microsoft Excel and experience working with financial systems.
- Ability to interpret contracts, budgets, and financial reports and translate them into clear, actionable information.
- Strong organizational and time management skills with the ability to manage multiple contracts and deadlines.
- Effective communication skills and ability to work collaboratively with finance and program staff.
- High attention to detail with strong follow through.
Responsibilities
- Maintain and update a centralized contract tracking system that includes contract values, budget categories, expenditures, and key financial deadlines.
- Run monthly budget versus actual analysis using financial data from FundEZ and other internal sources.
- Calculate contract burn rates and compare actual spending to expected pacing.
- Track and analyze spending across major budget categories including personnel, fringe, and OTPS.
- Prepare monthly contract utilization and variance summaries for the COO and program leadership.
- Support program staff in understanding contract balances, spending requirements, and allowable costs.
- Assist in the development of program budgets and financial projections by compiling and analyzing input from program and finance staff and ensuring alignment with funder requirements and internal financial practices.
- Draft budget modification requests for review by Finance leadership and the COO.
- Support reconciliation of voucher data to approved contract budgets and assist in identifying discrepancies prior to submission.
- Track key contract dates including reporting deadlines, claims schedules, modification windows, and renewal timelines.
- Support preparation of the Consolidated Fiscal Report by compiling financial data and reconciling general ledger accounts to reporting categories as needed.
- Serve as backup support for CFR preparation during reporting cycles.
- Respond to ad hoc financial analysis requests related to contract performance, spending trends, and program projections.
Benefits
Skills
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