About WellLife Network:
WellLife Network is a leading health and human services organization dedicated to supporting individuals and families across New York City and Long Island. Recognized as a 2023 top-rated nonprofit, WellLife Network empowers people to overcome life’s challenges and achieve greater independence, well-being, and inclusion. We offer a comprehensive suite of programs spanning mental health, developmental disabilities, substance abuse, housing, and employment support, all grounded in a commitment to compassionate, high-quality care. Central to our mission is an unwavering dedication to diversity, equity, inclusion, and belonging (DEIB) within our organization and in the communities we serve. As a trusted community partner, WellLife Network fosters a nurturing environment where everyone has the opportunity to thrive and realize their fullest potential.

 

 

Position Summary:  The Budget Analyst will be responsible for creating, maintaining, and analyzing the monthly financial performance for various WellLife Network programs and other funded initiatives. This position will also involve collaborating with cross-functional teams to monitor financial performance, assist in strategic planning, and implementing cost-saving measures across the organization.

Essential Accountabilities: Draft budgets or forecasts, such as program, revenue and expense by category and start-up budgets that allow for the monitoring of program and category performance.

 

Communicate financial performance to operations and key staff on a quarterly/monthly basis through high level financial analyses.

 

Partner with operations staff to prepare turnaround or break even budgets and implementation timelines when programs perform unfavorably. Develop tools to monitor progress.

 

Identify, design and implement company-wide cost savings initiatives.

 

Prepare program budgets and narratives for developmentally disabled residences, supported housing and other state grant applications in responding to RFPs.

 

Draft and maintain financial reports and analyses that facilitate proactive strategic planning, identifying and monitoring key financial metrics for disparate programs including clinics and residential facilities.

 

Maintain the budget and financial report database.

 

Prepare ad hoc analyses for the CFO and Budget Director.

 

Interact with other finance department personnel on an ongoing and as needed basis.

 

Key Functions:

Draft and manage revenue budgets and forecasts for multiple programs, ensuring alignment with organization goals and performance metrics. Regularly update revenue forecasts and monitor progress against budgeted targets. Prepare and present detailed monthly financial reports and provide actionable insights to support strategic planning. Assist in the development of grant budgets in response to RFPs. Maintain and update a comprehensive database of revenue and financial data to ensure accurate tracking and reporting. Communicate monthly/quarterly financial reporting with key leadership and program stakeholders through high level analysis. Partner with IT, operations and business units to gather revenue related requirements and ensure implementation of financial initiatives across the organization. Provide ad hoc financial analysis and reporting as requested by the CFO and VP of Budget & Strategic Innovation to support decision-making. Automate data analysis, streamline financial reporting processes, and develop predictive financial models. Leverage programming skills to manipulate large datasets, create financial dashboards, and improve forecasting accuracy