Financial Analyst

About The Role:

We are seeking a skilled Financial Analyst with experience in the nonprofit sector and a solid background in accounting to join our team. The ideal candidate will be responsible for, but not limited to, analyzing financial data, preparing detailed reports, and assisting with budgeting and forecasting to support our organization’s mission. You will work closely with various departments to ensure accurate financial tracking and compliance with regulations. Strong analytical skills, proficiency in accounting principles, and a passion for nonprofit work are essential.

Responsibilities:

• Support the monitoring and tracking of departmental and organizational budgets
• Collaborate with team members to review budget variances and provide input on necessary changes
• Assist with updating presentation material for board decks
• Support senior analysts by compiling data and developing preliminary recommendations to enhance resource allocation and support organizational goals
• Assist Senior Analyst in various financial planning processes, including but not limited to:
• Preparing and analyzing financial reports, including monthly budget vs. actuals
• Preparing annual budget
• Understanding and planning headcount hours
• Monthly and quarterly forecast updates
• Ad hoc analysis as needed by internal stakeholders
• Prepare and present detailed monthly budget vs. actual reports to VPs and Directors, providing insights and analysis on financial performance and variances
• Work with internal teams to support new grant proposals as needed
• Gather and verify financial information required for grant applications
• Assist in analyzing and improving existing financial workflows by gathering data, identifying inefficiencies, and recommending enhancements in collaboration with senior analysts and other departments
• Assist in gathering information and collaborate with other departments to enhance and streamline current workflows
• Enter and maintain financial data in finance systems and databases
• Update financial forecasts in systems monthly by gathering and consolidating information from departmental meetings
• Support team members in maintaining accuracy with monthly forecasts and projections, and assist with updating the finance system to reflect current data
• Provide additional financial assistance and support as requested to ensure effective decision-making and project execution.

What You Bring:

• Bachelor’s Degree in Business, Finance or Accounting required.
• 5+ years of Finance or Accounting experience required.
• Knowledge of nonprofit/fund accounting, federal contracts, cooperative agreements and grants management is required.
• Experience in assisting with budgets and projecting indirect cost rates.
• High degree of digital fluency using cloud-based office tools such as GSuite, CRM’s, team collaboration tools, and other web-based applications; ability to incorporate these tools into day-to-day work.
• Ability to use data to develop charts and graphs in Excel (using advanced functions) and create Powerpoint presentations.
• Experience in multi-year forecasts involving headcount budgeting allocated to a large number of cost centers.
• Ability to succeed and thrive in an environment with vying priorities and deadlines.
• Self-starter with proven attention to detail and a commitment to delivering high-quality work.
• Excellent interpersonal skills, great communication, and the ability to work with internal stakeholders.
• Interest in learning about issues around diversity, equity, and inclusion, and applying those learnings to foster an inclusive workplace motivated by equitable practices and a sense of belonging for all staff.

Across the Board, VentureWell Staff:

• Are able to succeed and thrive in an environment with competing and changing priorities and tight deadlines
• Have track records of and ability to build solid collaborative working relationships, and are proven team players who enjoy a “customer service” orientation to collaboration
• Are committed to embedding equity in our internal practices and culture and in our programs in order to live and achieve our mission
• Bring openness and engagement to personal, professional, and organization-wide learning on race, class, gender, justice, and equity
• Are curious and committed to issues of environmental sustainability
• Are self-starters with excellent attention to detail and a commitment to delivering high-quality work 
• Are active learners who independently learn new tools and work processes quickly
• Have excellent written and oral communication skills

Our Benefits*:

• An attractive and equitable compensation package, including: 
• Salary range of $80-95K commensurate with experience and internal equity
• 403(b) plan with 200% match up to a maximum contribution from VentureWell of 10% when the employee puts it 5% (eligible after one year of service for the match)
• Medical, Dental, and Vision insurance
• $1,000 home office stipend upon hire

• A true focus on work-life balance with work weeks that reflect that
• It’s our aim for our employees in this position to not work more than a 40-hour workweek 
• 20 paid vacation days
• 12 paid holidays 
• 12 paid wellness days 

*Benefits are reviewed each fiscal year and may be subject to change.

What We Offer:

• A culture where people work intentionally and collaboratively in pursuit of our mission  
• Values we believe in
• A commitment to Diversity, Equity, Inclusion, and Accessibility

About VentureWell: 

VentureWell supports the cultivation of an emerging generation of science and technology inventors and the innovation and entrepreneurship ecosystems that are critical to their success. Since its founding in 1995, VentureWell has funded or trained over 17,000 science and technology inventors and innovators, resulting in the emergence of over 3,700 ventures with groundbreaking technological advancements in fields like biomedicine and healthcare, sustainable energy and materials, and solutions for low-resource settings. The startups they have supported have raised subsequent funds totaling close to 5.6 billion and are reaching millions of people in 60 countries.

Visit venturewell.org to learn more.