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Financial Analyst - Job Opportunity at Optimist Youth Homes & Family Services

Los Angeles, US
Full-time
Mid-level
Posted: April 9, 2025
On-site
USD 68,640-89,255 per year

Benefits

Comprehensive medical insurance with competitive coverage
Dental and vision plans with full family coverage
Life insurance protection for financial security
401(k) retirement plan with generous 5% matching
Educational reimbursement program supporting professional development
Bilingual skills stipend recognizing language capabilities
Licensed professional stipend for certified staff
11 paid holidays plus vacation time
Employee referral bonus program promoting team growth

Key Responsibilities

Lead financial reporting and analysis including month-end/year-end close processes and variance analysis
Drive budgeting and forecasting activities across departments to ensure organizational goal alignment
Manage complex fund accounting and grant compliance, ensuring proper allocation of restricted funds
Provide strategic financial guidance to program directors for optimal service delivery
Support audit preparation and compliance reporting for multiple stakeholders
Conduct trend analysis and provide recommendations for financial optimization

Requirements

Education

B.S/B.A. required, Master's preferred. Degree in business administration or accounting preferred

Experience

Not explicitly stated but role requirements suggest 3-5 years

Required Skills

Strong knowledge of grants accounting Cost accounting expertise Contract management experience GAAP proficiency Advanced Excel skills Strong analytical capabilities Effective communication skills Project management abilities Problem-solving orientation Multi-tasking capabilities

Certifications

Valid California Driver's License COVID-19 Vaccination and Booster
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Sauge AI Market Intelligence

Industry Trends

Increasing focus on nonprofit financial transparency and accountability is driving demand for sophisticated fund accounting skills Growing complexity in grant management and compliance requirements necessitates specialized expertise in restricted fund tracking Rising importance of data-driven decision making in nonprofit financial operations Shift towards integrated financial systems requiring advanced technical capabilities

Salary Evaluation

The offered salary range of $68,640-89,255 is slightly below market average for nonprofit financial analysts in Los Angeles, where similar roles typically command $75,000-95,000. However, the comprehensive benefits package helps offset this difference.

Role Significance

Likely part of a 3-5 person finance team, reporting to Controller with dotted line to CFO
Mid-level position with significant responsibility for financial operations and strategic input

Key Projects

Annual budget development and monitoring Grant compliance and reporting systems implementation Financial process optimization initiatives Audit preparation and support Program financial performance analysis

Success Factors

Strong foundation in nonprofit accounting principles and fund management Ability to balance multiple stakeholder needs while maintaining accuracy Excellent communication skills to translate financial insights for non-financial staff Proactive problem-solving approach with attention to detail

Market Demand

High demand with steady growth, particularly in nonprofit sector where financial expertise with grant management is increasingly critical

Important Skills

Critical Skills

Fund accounting expertise - essential for managing restricted grants and multiple funding streams Advanced Excel proficiency - required for complex financial analysis and reporting Grant management experience - crucial for ensuring compliance and optimal fund utilization

Beneficial Skills

Database management skills Financial modeling capabilities Knowledge of nonprofit compliance regulations Experience with financial software systems

Unique Aspects

Combination of traditional financial analysis with specialized nonprofit fund accounting
Direct impact on youth welfare through financial stewardship
Opportunity to influence program effectiveness through financial insights

Career Growth

Typical progression to senior role within 2-3 years, management position in 4-5 years with demonstrated success

Potential Next Roles

Senior Financial Analyst Finance Manager Controller Director of Finance

Company Overview

Optimist Youth Homes & Family Services

Established nonprofit organization with over 115 years of service in youth welfare and family services

Well-respected regional provider with strong community presence and stable funding sources
Significant player in Los Angeles area youth services with multiple program offerings
Mission-driven environment focused on social impact with emphasis on professional development and team collaboration
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