Weill Cornell Medical College
Financial Analyst II
Weill Cornell Medical College, New York, New York, us, 10261
Title: Financial Analyst II
Location: Upper East Side
Org Unit: Pediatrics
Work Days: Monday-Friday
Weekly Hours: 35.00
Exemption Status: Exempt
Salary Range: $99,100.00 - $112,300.00
*As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC Offices
Position Summary
Responsible for managing the development and reporting of financial and operational statements and metrics, preparing associated analyses, and providing recommendations to effect financial and operational improvements.
Job Responsibilities
Prepares financial reports and analyses: develops routine and ad hoc reports and spreadsheets analyzing and summarizing financial information with recommendations
Monitors and analyzes financial information, transactions and reports; investigates and corrects discrepancies, variances and deficits.
If applicable, coordinates clinical research activities; assists research staff with organization of clinical trials, monitors accounting of the program by assisting with budget preparation, sets up research accounts & tracks clinical research funds.
If applicable, reviews and implements grants: creates/ monitors budgets for federally-funded, foundation & industry-sponsored research studies, assists in preparation & provides oversight of annual budgets & provides management support to research staff.
Responsible for tracking and processing invoices, paying bills and tracking all expenses.
Coordinates and executes the procurement of office supplies, services and/or equipment. Receives, reviews and processes vendor invoices for payment.
Coordinates and approves day-to-day financial transactions as per approved operating budget. Reviews all transactions for accuracy, completeness and compliance.
As needed, prepares faculty and staff compensation and funding.
Implements and monitors compliance with financial policies and controls; investigates issues, recommends and implements solutions; escalates issues as appropriate; participates in internal and external audits of financial operations and activities.
Provides industry benchmarking analysis on various performance metrics related to financial and operational goals.
Assists in the preparation of the annual operating budget; develops and maintains financial models and tools for forecasting used in the development of the budget.
Assists in the preparation of presentation and financial materials as needed.
Education
Bachelor's Degree in related field
Experience
BA/BS degree in a Accounting, Business, Economics or Healthcare related field preferred.
Master's degree is highly desired.
Accounting experience preferred.
Approximately 4-5 years 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.
Detail oriented and superb organizational skills.
Experience designing and developing financial models.
Demonstrated critical thinking and analytical skills.
Ability to work independently and maintain confidential and professional relationships with a variety of personnel.
Ability to create meaningful presentations and reports utilizing a variety of raw data.
Licenses and Certifications
Working Conditions/Physical Demands
Weill Cornell Medicine is a comprehensive academic medical center that is committed to excellence in patient care, scientific discovery, and the education of future physicians and scientists in New York City and around the world. Our doctors and scientists - faculty from Weill Cornell Medical College, Weill Cornell Graduate School of Medical Sciences, and the Weill Cornell Physician Organization - are engaged in world-class clinical care and cutting-edge research that connect patients to the latest treatment innovations and prevention strategies. Located in the heart of the Upper East Side's scientific corridor, Weill Cornell Medicine's powerful network of collaborators extends to its parent university Cornell University; to Qatar, where an international campus offers a U.S. medical degree; and to programs in Tanzania, Haiti, Brazil, Austria and Turkey. Our medical practices serve communities throughout New York City, and our faculty provide comprehensive care at NewYork-Presbyterian Hospital/Weill Cornell Medical Center, NewYork-Presbyterian/Lower Manhattan Hospital, NewYork-Presbyterian Hospital/Brooklyn Methodist Hospital, NewYork-Presbyterian Hospital/Westchester Behavioral Health Center, and NewYork-Presbyterian/Queens. At Weill Cornell Medicine, we work together to treat each individual, not just their conditions or illnesses, as we strive to deliver the finest possible care for our patients - the center of everything we do. Weill Cornell Medicine is an Equal Employment Opportunity Employer. Weill Cornell Medicine provides equal employment opportunities to all qualified applicants without regard to protected status, including race, sex, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, or genetic information.
Location: Upper East Side
Org Unit: Pediatrics
Work Days: Monday-Friday
Weekly Hours: 35.00
Exemption Status: Exempt
Salary Range: $99,100.00 - $112,300.00
*As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC Offices
Position Summary
Responsible for managing the development and reporting of financial and operational statements and metrics, preparing associated analyses, and providing recommendations to effect financial and operational improvements.
Job Responsibilities
Prepares financial reports and analyses: develops routine and ad hoc reports and spreadsheets analyzing and summarizing financial information with recommendations
Monitors and analyzes financial information, transactions and reports; investigates and corrects discrepancies, variances and deficits.
If applicable, coordinates clinical research activities; assists research staff with organization of clinical trials, monitors accounting of the program by assisting with budget preparation, sets up research accounts & tracks clinical research funds.
If applicable, reviews and implements grants: creates/ monitors budgets for federally-funded, foundation & industry-sponsored research studies, assists in preparation & provides oversight of annual budgets & provides management support to research staff.
Responsible for tracking and processing invoices, paying bills and tracking all expenses.
Coordinates and executes the procurement of office supplies, services and/or equipment. Receives, reviews and processes vendor invoices for payment.
Coordinates and approves day-to-day financial transactions as per approved operating budget. Reviews all transactions for accuracy, completeness and compliance.
As needed, prepares faculty and staff compensation and funding.
Implements and monitors compliance with financial policies and controls; investigates issues, recommends and implements solutions; escalates issues as appropriate; participates in internal and external audits of financial operations and activities.
Provides industry benchmarking analysis on various performance metrics related to financial and operational goals.
Assists in the preparation of the annual operating budget; develops and maintains financial models and tools for forecasting used in the development of the budget.
Assists in the preparation of presentation and financial materials as needed.
Education
Bachelor's Degree in related field
Experience
BA/BS degree in a Accounting, Business, Economics or Healthcare related field preferred.
Master's degree is highly desired.
Accounting experience preferred.
Approximately 4-5 years 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.
Detail oriented and superb organizational skills.
Experience designing and developing financial models.
Demonstrated critical thinking and analytical skills.
Ability to work independently and maintain confidential and professional relationships with a variety of personnel.
Ability to create meaningful presentations and reports utilizing a variety of raw data.
Licenses and Certifications
Working Conditions/Physical Demands
Weill Cornell Medicine is a comprehensive academic medical center that is committed to excellence in patient care, scientific discovery, and the education of future physicians and scientists in New York City and around the world. Our doctors and scientists - faculty from Weill Cornell Medical College, Weill Cornell Graduate School of Medical Sciences, and the Weill Cornell Physician Organization - are engaged in world-class clinical care and cutting-edge research that connect patients to the latest treatment innovations and prevention strategies. Located in the heart of the Upper East Side's scientific corridor, Weill Cornell Medicine's powerful network of collaborators extends to its parent university Cornell University; to Qatar, where an international campus offers a U.S. medical degree; and to programs in Tanzania, Haiti, Brazil, Austria and Turkey. Our medical practices serve communities throughout New York City, and our faculty provide comprehensive care at NewYork-Presbyterian Hospital/Weill Cornell Medical Center, NewYork-Presbyterian/Lower Manhattan Hospital, NewYork-Presbyterian Hospital/Brooklyn Methodist Hospital, NewYork-Presbyterian Hospital/Westchester Behavioral Health Center, and NewYork-Presbyterian/Queens. At Weill Cornell Medicine, we work together to treat each individual, not just their conditions or illnesses, as we strive to deliver the finest possible care for our patients - the center of everything we do. Weill Cornell Medicine is an Equal Employment Opportunity Employer. Weill Cornell Medicine provides equal employment opportunities to all qualified applicants without regard to protected status, including race, sex, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, or genetic information.