Financial Analyst (Fincore)

NYU Langone Health • New York, NY

11d • $70,482 - $85,000

About The Position

NYU Langone Health is hiring a Financial Analyst to assist with financial analysis, reporting, and monitoring the financial performance and effectiveness of a defined group of departments or a single department. The role requires understanding departmental revenues, expenses, and accounting structures across clinical, research, and education missions, as well as core departmental or corporate operations. The Financial Analyst reports to Central Finance and departmental leadership and works closely with operational leaders, departmental administrators, staff, and faculty. The position reports directly to leadership in the FINCORE (Finance Core) team.

For research portfolios, the role includes monthly PI portfolio reviews, grant and start-up account monitoring, project budgeting, subaward tracking, effort calculations and verifications, closeout and no-cost-extension packages, and review of transactions shifting faculty and staff effort onto or off grants. The successful candidate is adaptable, able to manage multiple deliverables on quick timelines, committed to team success, and comfortable applying accounting principles.

Requirements

• Bachelor's degree in business, finance, or another appropriate discipline, with at least 2–3 years of relevant financial experience, or a comparable combination of education and experience.
• Understanding of accounting, budgeting, and financial reporting.
• Strong working knowledge of Microsoft Office software, especially Excel.
• Excellent verbal and written communication skills and the ability to work with a diverse group of faculty and staff.
• Strong interpersonal and problem-solving skills.
• Ability to effectively communicate with all levels of the organization.
• Ability to multitask, learn quickly, adapt, and manage multiple deliverables on quick timelines.
• Commitment to team success and ability to work well with others.
• Comfort with and ability to apply accounting principles.
• Demonstrated problem-solving ability and self-starter mindset.

Nice To Haves

• Experience with enterprise systems; PeopleSoft or Oracle preferred.

Responsibilities

• Monitor monthly budgets, confirm accuracy, analyze actual results against budget and prior periods, and communicate findings to departmental and finance leadership.
• Prepare reporting packages and financial templates with analysis tailored to leadership requirements.
• Prepare forecasts comparing year-to-date activity with full-year budgets and support operational and strategic planning with relevant financial data.
• Monitor personnel allocations across accounts and direct appropriate staff to process changes when needed.
• Review and investigate departmental financial transactions and prepare journal entries in accordance with general accounting standards.
• Ensure compliant use of funding sources, including philanthropy, and recommend and implement changes to maintain balanced accounts and resolve funding overages.
• Assist with developing short- and long-term departmental annual budgets, including historical analysis and future projections.
• Provide ad hoc financial analysis for special projects and perform other assigned duties.
• Use BvAs and other financial reports to update PI portfolios monthly, including active grants and start-up accounts, and flag inappropriate expenditures.
• Meet monthly with each PI to review the accounts in their portfolio.
• Update projections to reflect staffing, OTPS, staff timelines, layoffs, severance, and human subject review when applicable.
• Draft action items following portfolio review meetings and address next steps.
• Prepare project budgets for newly awarded grants, new budget periods, and subcontract arrangements.
• Maintain a detailed tracker of subaward invoices and follow up with subawardees to ensure timely invoicing.
• Follow up with the NYU contracting team to ensure timely issuance of subcontract agreements.
• Maintain a detailed calculator of current and projected PI effort by month and project for annual AEC.
• Monitor changes in effort percentages that require sponsor notification.
• Create closeout and no-cost-extension packages, close open purchase orders, and end recurring payments.
• Review quarterly grant payroll verification reports for accuracy, email PIs to confirm approval, and submit final approvals to Research Finance Operations.
• Review MSS transactions shifting faculty or staff effort onto and off grants for accuracy.

Benefits

• Comprehensive benefits and wellness package.
• Financial security benefits.
• Generous time-off program.
• Employee resource groups for peer support.
• Holistic employee wellness program covering physical, mental, nutritional, sleep, social, financial, and preventive care.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level