Financial Analyst I

Title: Financial Analyst I

Location: Upper East Side

Org Unit: Pediatrics

Work Days: Monday-Friday

Weekly Hours: 35.00

Exemption Status: Exempt

Salary Range: $71, $84,300.00

• As required under NYC Human Rights Law Int Salary range for this role when Hired for NYC Offices

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

• 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.

Licenses and Certifications

Working Conditions/Physical Demands

Cornell welcomes students, faculty, and staff with diverse backgrounds from across the globe to pursue world-class education and career opportunities, to further the founding principle of "any person, any study." No person shall be denied employment on the basis of any legally protected status or subjected to prohibited discrimination involving, but not limited to, such factors as race, ethnic or national origin, citizenship and immigration status, color, sex, pregnancy or pregnancy-related conditions, age, creed, religion, actual or perceived disability (including persons associated with such a person), arrest and/or conviction record, military or veteran status, sexual orientation, gender expression and/or identity, an individual's genetic information, domestic violence victim status, familial status, marital status, or any other characteristic protected by applicable federal, state, or local law.

Cornell University embraces diversity in its workforce and seeks job candidates who will contribute to a climate that supports students, faculty, and staff of all identities and backgrounds. We hire based on merit, and encourage people from historically underrepresented and/or marginalized identities to apply. Consistent with federal law, Cornell engages in affirmative action in employment for qualified protected veterans as defined in the Vietnam Era Veterans' Readjustment Assistance Act (VEVRRA) and qualified individuals with disabilities under Section 503 of the Rehabilitation Act. We also recognize a lawful preference in employment practices for Native Americans living on or near Indian reservations in accordance with applicable law.