Financial Analyst

Summary

This position is assigned to the Nonappropriated Fund (NAF) Financial Management Branch (N948);
Fleet and Family Readiness Support Services (N94);
Commander, Navy Installations Command (CNIC);
Millington, TN. Incumbent serves as a Headquarters (HQ) Financial Analyst working with and providing direction and management control of CNIC NAF financial requirements and resources.

• Performs scheduled and nonscheduled in depth financial analysis of CNIC NAF activities.
• Develops procedures, techniques, and controls used to perform financial and operational analysis of budget estimates, financial and operating statements, and special reports (i.e., initiating requests for automated data processing reports and development of programs to aid the analytic function).
• Develops budget policy, procedures, and instructions.
• Analyzes annual NAF and appropriated fund (APF) budget data submitted by field activities for conformance with existing policy and procedures; recommends revisions of budget estimates; and assists activities with budget responsibilities and interpretation of policies.
• Determines appropriate Uniformed Funding Management (UFM) offsets and records UFM offsets in the accounting record.
• Prepares source document UFM MOA; maintains records to determine status of grants transferred and pending transfer to regional command accounts; reviews approved Region grant requests; tracks and reconciles Region expenditures in accordance with the CNIC NAF Grant standard operating procedure (SOP); prepares reports showing status of grants.
• Processes requests and maintains records for the annual NAF Decentralized Grant and Loan Process.
• Performs investment tracking to include preparing General Journal entries to record investment transactions.
• Prepares financial analysis requirements for construction project submissions and reviews submissions for economic feasibility.
• Works with external auditors during audit engagements providing information as needed.
• Performs data collection, analysis, reconciliation and general ledger postings.
• Reconciles general ledger accounts across the enterprise related to payroll (federal, state, and local tax accounts, miscellaneous deductions, annual leave accrual, compensatory time payable, wages payable, EE advance, etc.), follows up on outstanding items, and makes necessary corrections with adjusting entries when required.
• Validates and processes all general ledger related payroll adjustments for corrections to employee pay.
• Makes recommendations concerning financial assistance to Morale, Welfare and Recreation (MWR) activities for operational, equipment, and facility requirements.
• Provides advice/assistance (via email, phone and/or site assist visits) to CNIC field activities as needed to help in the area of budget/finance.
• Supports, monitors, reviews, and analyzes the cost accounting of the Information Technology (IT) Franchise Services program within CNIC, N9, and other Services, including conducting financial analysis, managing the contracts by tracking contract line item numbers (CLINs), month-end close process, accounts receivable billings, and inventory management.
• Works with Systems, Applications and Products (SAP) financial management systems; KRONOS timekeeping system; and ADP payroll system.

• Performs Field Cash Concentration which includes gathering balance reports, calculating sweep amounts, managing stale dated check process, and transmitting ACH file using Commercial Banking Software.
• Maintains the Access database used for Cash Concentration.
• Performs account setup for the Automated Cash Concentration system for accounts outside the managed database.
• Acts as authorized signatory for local bank accounts and HQ accounts; and maintains files on all bank information. Maintains all signature cards on HQ and field accounts.
• Monitors and administers s, password resets and wire authorizations on HQ and field accounts. Monitors and administers various web-based and online banking systems. Provides information as required for HQ and field requests.
• Int…