Financial Analyst II

Weill Cornell Medicine; New York (NY); On-site; USD 102,000 - 112,000; Full time

Job summary

Weill Cornell Medicine in New York's Lower East Side is seeking a Financial Analyst II to manage development and reporting of financial and operational statements and metrics. You will prepare analyses, provide recommendations, and support improvements across radiology finance.

The role covers budgeting, grant oversight, accounts payable, procurement, and financial controls, with collaboration across departments. A BA/BS in a related field and 4–5 years of relevant experience are preferred.

Qualifications

• BA/BS degree in accounting, business, economics or healthcare related field.
• Master's degree is highly desired.
• Approximately 4-5 years progressive experience in administration/financial management.
• Experience in an academic medical center setting preferred.
• Proficiency with MS Office Suite and database applications.
• Detail oriented with superb organizational skills.
• Ability to develop financial models and perform analyses.
• Ability to work independently and maintain confidentiality.
• Ability to create meaningful presentations from raw data.

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.

Skills

MS Office Suite

Financial Modeling

Data Analysis

Budgeting

Financial Reporting

Presentation Skills

Independent Work

Confidentiality

Education

Bachelor's Degree in related field

Master's degree preferred

Tools

Database applications

Job description

Financial Analyst II

Location

Lower East Side

Org Unit

Radiology Finance

Work Days

Weekly Hours: 35.00

Exemption Status: Exempt

Salary Range: $101,900.00 - $112,000.00

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.

Knowledge, Skills And Abilities

Experience within an academic medical center setting preferred.

• 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.

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, 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). We also recognize a lawful preference in employment practices for Native Americans living on or near Indian reservations in accordance with applicable law.