Financial Analyst I (Hybrid)

2w2 weeks ago

Weill Cornell Medicine

New York City, US · Full-time · $71,700 – $84,300

About this role

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. This hybrid role in Pediatrics supports academic medical center operations through precise financial oversight. It ensures compliance and accuracy in all fiscal matters.

Daily tasks include developing financial forecasts and business plans, managing operating and capital budgets, and designing complex multilayered financial models to forecast profit/loss for faculty recruits, studies, new ventures and routine operations. Create routine and ad-hoc financial reports, investigate variances, and correct discrepancies independently. Track reimbursements and financial activity in enterprise systems.

Work within the Pediatrics organizational unit at an academic medical center, educating faculty and staff on proper accounting procedures and auditing operations for compliance. Coordinate with various personnel while maintaining confidential relationships. Collaborate on process improvement projects to enhance efficiency.

Grow by recommending actions to eliminate waste, reviewing budget proposals for funding initiatives, and handling prospective and retrospective financial analyses. Gain exposure to governmental, industry-based and private funding in a hybrid environment. Contribute to world-class education and career opportunities in a diverse institution.

Requirements

BA/BS degree in 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

Responsibilities

Develops financial forecasts and/or business plans as needed; prepares prospective and retrospective financial analyses
Manages operating and/or capital budgets as needed; reviews budget proposals for governmental, industry-based and/or private funding initiatives
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; 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 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