Financial Analyst I

About the role

Position Summary: Responsible for the financial monitoring, analyzing, reconciliation and reporting of departmental financial activities, sponsored program grants, departmental research, clinical trials, industrial agreements and/or other restricted accounts as relevant. Location: Upper East Side. Org Unit: Finance.

Responsibilities

• Develops financial forecasts and/or business plans as needed.
• Prepares prospective and retrospective financial analyses; coordinates business plan development; develops revenue, compensation and/or expense assumptions.
• Manages operating and/or capital budgets as needed.
• Reviews budget proposals for governmental, industry-based and/or private funding initiatives as needed.
• Designs complex, multilayered financial models to forecast profit/loss statements for faculty recruits, studies, new ventures and/or routine department operations.
• Creates financial and management routine and ad-hoc reports and analyses: designs and reviews financial, budget, operating and other statistical reports.
• Independently investigates, explains and corrects discrepancies, variances and deficits.
• Responsible for reimbursement/disbursement activities as needed.
• Educates faculty and staff on proper accounting procedures.
• Audits operations to ensure compliance; tracks issues until satisfactorily resolved.
• Tracks and records financial activity within the enterprise financial system, databases and/or spreadsheets.
• Coordinates process improvement projects; recommends actions to improve efficiency and eliminate waste.
• Performs other related duties as assigned.

Requirements

Education: Bachelor's Degree in related field. BA/BS degree in Accounting, Business, Economics or Healthcare related field preferred. Accounting Experience Preferred. Approximately 2-3 years of progressive experience in administration/financial management.

Skills

• Experience within an academic medical center setting preferred.
• Demonstrated proficiency with MS Office Suite and database applications.
• Experience designing and developing financial models.
• Detail oriented and superb organizational skills.
• Demonstrated critical thinking and analytical skills.
• Ability to work independently and maintain confidential and professional relationships with a variety of personnel.

Pay

Salary Range: $75,900.00 - $85,400.00 (Exempt)

Schedule

Work Days: Monday-Friday; Weekly Hours: 35.00