EAC Network · 3 weeks ago
Budgets and Contracts Manager - Finance
EAC Network, a not-for-profit social service agency that empowers, assists, and cares for over 70,000 people in need through 120 programs across Long Island and NYC, seeks a Budgets and Contracts Manager to join our Finance department. The Budgets & Contracts Manager is responsible for coordinating the financial management of over 100 programs funded by 60 different funders, ensuring effective preparation, management, and compliance of budgets and contracts.
Non ProfitSocial
Responsibilities
Coordinate with program and finance staff to collect data, confirm accuracy, and prepare budgets for submission. Ensure that all finalized budgets are entered into internal and external funder systems and kept current for use in claims and projections
Collect and verify key cost data (e.g., salaries, fringe, insurance, rent, OTPS) from program and finance staff to develop accurate budgets and projections that support planning, claims, and internal decision-making
Ensure that all budgets align with organizational/program goals and funder requirements
Regularly monitor and analyze program expenses against budgeted amounts to ensure alignment with financial targets
Prepare and distribute monthly financial reports, providing transparency on budget utilization, remaining balances, and key budget status indicators
Communicate significant variances of budgeted amounts to program directors and COO to collaborate to develop corrective action plans
Modify budgets throughout the year in response to changes in spending or funding. Timely submission of budget modifications per contract guidelines
Oversee the voucher process for monthly/quarterly claims as per contract guidelines
Ensure timely and accurate submission of reimbursement requests to funders
Review all vouchers before submission
Develop and implement close-out procedures to comply with funder standards
Conduct follow-up on disallowed funding and reimbursements to resolve discrepancies
Complete federal reporting and CFR
Maintain separate accounting records for each contract/program
Ensure that all financial records are accurate, up-to-date, and compliant with accounting standards
Review and track staff allocations across grants to ensure alignment with contract terms and approved budgets
Identify discrepancies or inconsistencies in labor distribution and coordinate with finance and program staff to resolve issues
Support the development of labor allocation plans that reflect program activity and funding requirements
Maintain documentation of approved allocations and monitor for ongoing compliance
Review executed contracts and amendments to extract and track fiscal deliverables, reimbursement terms, and reporting deadlines
Maintain an organized electronic repository of executed contracts and relevant fiscal documents
Coordinate with program, finance, HR, and internal operations teams to confirm that contract terms and deliverables are accurately implemented. Support internal reviews of amendments and flag issues for resolution. Track changes to ensure internal systems reflect current contract obligations
Maintain a centralized tracking system of financial obligations tied to each contract, including claims schedules, budget modification windows, and renewal dates
Develop and implement a contract lifecycle management system to track key dates, milestones, and renewal opportunities
Other duties as assigned
Qualification
Required
Minimum of 3 years of experience in budget management, financial analysis, or contract administration within a nonprofit or social services environment
Extensive knowledge of NYS, NYC, County grant management processes and compliance requirements
Excellent analytical skills with attention to detail
Proficient in financial software and Microsoft Office Suite
Ability to collaborate with internal stakeholders
Excellent communication skills, both written and verbal
Financial Acumen: Strong understanding of financial principles and practices
Collaboration: Work effectively with internal teams and external partners
Benefits
Comprehensive Benefits Package: Medical, Dental, and Vision Insurance, 401K with a 3% match after anniversary, 30 days Paid Time Off in your first year, and 14 Paid holidays.
Additional Perks: Short-term and long-term disability coverage, flexible spending accounts, wellness benefits, PlumBenefits, Verizon wireless discounts.
Generous PTO policy and Summer Fridays ensure you have time to recharge.
Public Service Loan Forgiveness program.
Company
EAC Network
EAC Network is a diverse social service agency.
Funding
Current Stage
Growth StageTotal Funding
$0.1MKey Investors
Bank of America
2020-04-27Grant· $0.1M
Leadership Team
Neela Mukherjee
President and CEO
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