Finance Specialist III

Cornell University•Ithaca, NY

1d•Hybrid

About The Position

Establishes close working relationship with Department Business Administrators, faculty and staff of units served to provide comprehensive financial information analysis, reporting; planning and budgeting. Collaborates regularly with department administrators to advise on aspects of financial matters including interpretation of University financial policies and procedures. Recommend tools to assist department reporting and metric processing, etc. Contribute in meetings in which financial or management policies are formulated; provide analyses of special projects. Develops and/or implements reengineering efforts to improve service delivery and/or automate unit specific systems, reporting, etc. Design a major PC database system to meet specific management needs; coordinate data collection for reporting to University officials. Develop and provide 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 Business Service Center (BSC)/ Financial Transaction Center (FTC) develop procurement workflow between Departments and BSC; review and assess hazards of high risk transactions/purchases and resolves complex problems with transaction reporting. Recommend and devise planning efforts surrounding annual operating budget plan. Plan and prepare moderately complex budgets; budgetary procedures and financial reports. Calculate and project rates such as indirect costs, fringe benefit, overhead, enterprise fees, etc. In partnership with department administrators 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 funding. May 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 (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
Prior relevant work or industry experience
Education level to the extent education is relevant to the position
Unique applicable skills

Responsibilities

Provide comprehensive financial information analysis, reporting, planning and budgeting.
Advise on financial matters, including interpretation of University financial policies and procedures.
Recommend tools to assist department reporting and metric processing.
Contribute to 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, reporting, etc.
Design a major PC database system 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.
Develop procurement workflow between Departments and BSC, review and assess hazards of high risk transactions/purchases and resolve complex problems with transaction reporting.
Recommend and devise planning efforts surrounding annual operating budget plan.
Plan and prepare moderately complex budgets, budgetary procedures and financial reports.
Calculate and project rates such as indirect costs, fringe benefit, overhead, enterprise fees, etc.
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.