Financial Analyst I

University of Rochester•Town of Brighton, NY

4d•$25 - $35•Onsite

About The Position

The Financial Analyst I provides financial analysis and reporting to support the Eastman Institute for Oral Health (EIOH), including departmental operations and sponsored programs. The role analyzes financial activity, monitors budgets and grant expenditures, develops expenditure projections, and explains variances to support financial planning and management decisions. It helps ensure financial data is accurate and complete, identifies financial risks and discrepancies, and recommends corrective actions and process improvements using University Workday financial and grant accounting systems and the Dental Information System. The position prepares journal entries and financial statements, monitors sponsored award expenditures and closeout, reconciles departmental accounts and ledgers, and reviews collections and financial controls. It communicates findings and recommendations to the Sr. Accounting Manager, departmental staff, and grant administrators; responds to financial inquiries; and handles confidential financial information professionally. Other duties may be assigned.

Requirements

Bachelor's degree in a finance functional area and less than one year of related experience, or an equivalent combination of education and experience.
Attention to detail, effective communication, self-starting ability, and ability to work independently.
Knowledge of financial reporting, budgeting, account reconciliation, and basic accounting principles.
Strong analytical and organizational skills, attention to detail, and ability to interpret financial data, investigate discrepancies, and communicate findings and recommendations.
Microsoft Excel skills, including spreadsheet analysis, formulas, and preparation of financial reports.

Nice To Haves

One year of professional financial analysis or accounting experience.
Familiarity with sponsored program financial administration.
Proficiency with Microsoft Word.
Familiarity with University Workday financial and grant accounting systems and the Dental Information System.
Strong interpersonal and customer service skills, sound judgment when handling confidential information, and ability to learn new systems and adapt to changing priorities.

Responsibilities

Prepare journal entries to accurately record financial transactions and produce financial statements in established formats.
Investigate discrepancies, take corrective action, and recommend improvements to accounting policies and procedures.
Monitor sponsored award expenditures, remaining balances, and award periods; project spending and identify potential overages or unspent funds.
Track grant invoices and payments, resolve outstanding balances, and partner with grant administrators and University offices on timely account closeout, including review of final charges and commitments.
Analyze and reconcile departmental accounts and sponsored program ledgers to verify accurate and complete financial data.
Investigate missing or incorrect charges, coordinate corrections, and review monthly transactions and supporting documentation for compliance with University policies and award requirements; obtain missing documentation and resolve outstanding items.
Monitor and reconcile daily EIOH cash, check, and credit card activity and coordinate departmental deposits.
Compare Dental Information System activity with collections, analyze trends, and resolve discrepancies with departments.
Review monthly refund and billing samples, identify recurring errors or control weaknesses, and report findings and recommended improvements to the Sr. Accounting Manager.
Communicate financial findings, risks, and recommendations to the Sr. Accounting Manager, departmental staff, and grant administrators.
Respond to financial inquiries and recommend improvements to reporting, reconciliation, budget monitoring, and documentation practices.
Handle confidential financial information professionally.
Perform other duties as assigned.