Business Unit Analyst Job at Town of Bridgewater in Bridgewater

GENERAL PURPOSE The Business Unit Analyst is responsible for supporting the financial operations of the organization through daily transactional processing, analysis, and reporting. This role ensures accurate reconciliation of accounts, adherence to budgetary guidelines, and provides financial insights to support decision-making. The Business Unit Analyst will also assist in debt issuance processes, audits and enterprise fund management to promote operational and financial compliance. ESSENTIAL DUTIES AND RESPONSIBILITIES Daily Cash Receipts and Reconciliations: Process and record daily cash receipts to ensure timely and accurate entries. Reconcile cash transactions to the general ledger and resolve discrepancies. Accounts Receivable Reconciliation: Monitor, reconcile and analyze accounts receivable transactions. Investigate and resolve billing discrepancies and customer account issues. Accounts Payable Analysis: Analyze and monitor accounts payable transactions for accuracy. Support timely vendor payments and resolve outstanding payment issues. Budget Preparation and Compliance: Monitor budget performance, ensuring expenditures align with approved budgets. Financial Reporting: Prepare and maintain financial reports, including monthly, quarterly and annual reports. Provide insights and analysis to support management decision-making. Journal Entries: Prepare and post journal entries for accurate financial record keeping. Ensure journal entries are properly documented and comply with internal controls. Debt Issuance: Assist in coordinating debt issuance activities and tracking debt obligations. Maintain accurate records of debt transactions and payment schedules. Audit Preparation and Support: Prepare schedules, reports, and documentations for external and internal audits. Collaborate with auditors to resolve questions and provide required information. Enterprise Fund Analysis and Reconciliation: Perform detailed analysis and reconciliation of enterprise fund transactions. Ensure compliance with accounting standards and best practices for enterprise funds. QUALIFICATIONS Necessary Knowledge and Skills: Knowledge of Generally Accepted Accounting principles (GAAP). Familiarity with financial statements, budgeting process and variance analysis. Understanding of AP, AR and debt management. Knowledge of audit preparation, documentation requirements, and regulatory compliance in a municipal environment. Proficiency in Excel (pivot tables, VLOOKUP, formulas etc.) Ability to analyze financial data and identify trends, discrepancies and solutions. Strong attention to detail when reconciling accounts and preparing reports. Ability to prioritize tasks, manage deadlines, and handle multiple projects simultaneously. Strong organizational skills. Excellent communication both written and verbal. Ability to: Ability to interpret complex financial data and present actionable insights to management. Maintain a high degree of accuracy in financial reconciliations, journal entries, and reporting. Ability to adjust to evolving organizational needs, including new processes, regulations and tools. Ability to work independently with minimal supervision, while contributing effectively in a team setting. Experience and Training Guidelines Any combination of experience and training that would likely provide the required knowledge and abilities is qualifying. A typical way to obtain knowledge and abilities would be: Experience and Training Bachelor's degree in Accounting, Finance, Business Administration or related field. 2+ years of experience in accounting, financial analysis, or a related role. Municipal experience preferred. A combination of relevant education and experience may substitute for the degree requirement. Proficiency in Microsoft Excel Strong analytical, organizational, and communication skills. Knowledge of GAAP and experience with fund accounting preferred. Abilities to meet deadlines, manage multiple priorities, and maintain attention to detail. PHYSICAL REQUIREMENTS Prolonged periods of sitting at a desk and working on a computer. Must be able to lift up to 30 pounds at times. Ability to work on computer screen with detailed focus. Occasional presentations require public speaking ability and the use of audio-visual equipment. SELECTION GUIDELINES Formal application, rating of education and experience; oral interview and reference check; job related tests may be required. The duties listed above are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to the position. The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and requirements of the job change.