Financial Analyst I

Financial Analyst I

Location : Upper East Side Org Unit : Pediatrics Work Days : Monday-Friday Weekly Hours : 35.00 Exemption Status : Exempt Salary Range : $71,700.00 - $84,300.00

Position Summary

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.

Job 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.

Education

Bachelor's Degree in related field

Experience

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.

Knowledge, Skills and Abilities

Working Conditions / Physical Demands

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