Finance Specialist III

Cornell University•Ithaca, MI

4d•$77,831 - $90,453•Hybrid

About The Position

Establishes close working relationships with Department Business Administrators, faculty, and staff to provide comprehensive financial information analysis, reporting, planning, and budgeting. Collaborates with department administrators to advise on financial matters, including interpretation of University financial policies and procedures. Recommends tools to assist department reporting and metric processing. Contributes in meetings where financial or management policies are formulated and provides analyses of special projects. Develops and/or implements reengineering efforts to improve service delivery and/or automate unit-specific systems and reporting. Designs major PC database systems to meet specific management needs and coordinates data collection for reporting to University officials. Develops and provides procedural information on administrative organizations, policies, procedures, practices, overhead calculations, and cost studies to support an understanding of their accuracy and/or effectiveness on a University-wide basis. In partnership with the Business Service Center (BSC)/Financial Transaction Center (FTC), develops procurement workflows between Departments and BSC, reviews and assesses hazards of high-risk transactions/purchases, and resolves complex problems with transaction reporting. Recommends and devises planning efforts surrounding the annual operating budget plan. Plans and prepares moderately complex budgets, budgetary procedures, and financial reports. Calculates and projects rates such as indirect costs, fringe benefits, overhead, and enterprise fees. In partnership with department administrators, develops models for needs such as long-range forecasting. Identifies alternatives and forecasts outcomes for reconciling available financial resource limitations with management goals and objectives. Prepares and analyzes financial reports and college/unit trends to support departmental management in achieving operating objectives. Understands the business needs of individual programs as well as sources and uses of funding. May serve as a sponsored funds liaison with University departments and external agencies related to grant proposals/awards, including budgets, forecasting, and cost sharing while maintaining compliance. Assists in preparing quarterly and annual financial statements. Provides reports, charts, and presentations in support of annual requests for financial information (provost annual report, board of trustee requests). Reports prepared may be used in support of executive decisions or strategy development.

Requirements

University Job Title: Finance Specialist III
Job Family: Fin/Budget/Planning
Level: F
Pay Rate Type: Salary
Pay Range: $77,831.00 - $90,453.00
Prior relevant work or industry experience
Education level to the extent education is relevant to the position
Unique applicable skills
Academic Discipline

Responsibilities

Establish close working relationships with Department Business Administrators, faculty, and staff to provide comprehensive financial information analysis, reporting, planning, and budgeting.
Collaborate with department administrators to advise on financial matters, including interpretation of University financial policies and procedures.
Recommend tools to assist department reporting and metric processing.
Contribute in meetings where financial or management policies are formulated and provide analyses of special projects.
Develop and/or implement reengineering efforts to improve service delivery and/or automate unit-specific systems and reporting.
Design major PC database systems to meet specific management needs and coordinate data collection for reporting to University officials.
Develop and provide procedural information on administrative organizations, policies, procedures, practices, overhead calculations, and cost studies.
Partner with the Business Service Center (BSC)/Financial Transaction Center (FTC) to develop procurement workflows, review and assess hazards of high-risk transactions/purchases, and resolve complex problems with transaction reporting.
Recommend and devise planning efforts surrounding the annual operating budget plan.
Plan and prepare moderately complex budgets, budgetary procedures, and financial reports.
Calculate and project rates such as indirect costs, fringe benefits, overhead, and enterprise fees.
Partner with department administrators to develop models for needs such as long-range forecasting.
Identify alternatives and forecast outcomes for reconciling available financial resource limitations with management goals and objectives.
Prepare and analyze financial reports and college/unit trends to support departmental management in achieving operating objectives.
Understand the business needs of individual programs as well as sources and uses of funding.
Serve as sponsored funds liaison with University departments and external agencies related to grant proposals/awards, including budgets, forecasting, and cost sharing while maintaining compliance.
Assist in preparing quarterly and annual financial statements.
Provide reports, charts, and presentations in support of annual requests for financial information.