Financial Analyst I

Weill Cornell Medical CollegeNew York, NY
$75,900 - $85,400Onsite

About The Position

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.

Requirements

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

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.
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