Weill Cornell Medicine

Finance Specialist III

Weill Cornell Medicine$77K — $90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in financial analysis and budgeting
  • Strong understanding of university financial policies and reporting procedures
  • Proficient in developing database systems for financial management
  • Experience with budget planning and forecasting
  • Ability to analyze complex financial data and prepare detailed reports
  • Familiarity with grant proposal budgeting and compliance requirements

Responsibilities

  • Establish relationships with department leaders for financial analysis
  • Collaborate on financial policy interpretation and reporting
  • Contribute to meetings on financial strategies and projects
  • Develop systems to improve service delivery and automate reporting
  • Design and manage database systems for financial tracking
  • Facilitate communication between departments for procurement workflows
  • Analyze financial trends and provide actionable insights

Benefits

  • Hybrid work option available
  • Comprehensive professional development opportunities
  • Supportive work environment with a focus on inclusion
  • Access to university resources and facilities
  • Generous PTO and holiday schedule
Full Job Description
Establishes close working relationship with Department Business Administrators, faculty and staff of units served to provide comprehensive financial information analysis, reporting; planning and budgeting.

Collaborates regularly with department administrators to advise on aspects of financial matters including interpretation of University financial policies and procedures. Recommend tools to assist department reporting and metric processing, etc.

Contribute in meetings in which financial or management policies are formulated; provide analyses of special projects.

Develops and/or implements reengineering efforts to improve service delivery and/or automate unit specific systems, reporting, etc.

Design a major PC database system to meet specific management needs; coordinate data collection for reporting to University officials.

Develop and provide procedural information on administrative organizations, policies, procedures, practices, overhead calculations and cost studies to support an understanding of their accuracy and/or effectiveness on a University wide basis.

In partnership with Business Service Center (BSC)/ Financial Transaction Center (FTC) develop procurement workflow between Departments and BSC; review and assess hazards of high risk transactions/purchases and resolves complex problems with transaction reporting.

Recommend and devise planning efforts surrounding annual operating budget plan.

Plan and prepare moderately complex budgets; budgetary procedures and financial reports.

Calculate and project rates such as indirect costs, fringe benefit, overhead, enterprise fees, etc.

In partnership with department administrators develop models for needs such as long-range forecasting.

Identify alternatives and forecast outcomes for reconciling available financial resource limitations with management goals and objectives.

Prepare and analyze financial reports and college/unit trends to support departmental management in achieving operating objectives.

Understand the business needs of individual programs as well as sources and uses of funding.

May serve as sponsored funds liaison with University departments and external agencies related to grant proposals/awards, including budgets, forecasting and cost sharing while maintaining compliance.

Assist in preparing quarterly and annual financial statements.

Provide reports, charts and presentations in support of annual requests for financial information (provost annual report, board of trustee requests). Reports prepared may be used in support of executive decisions or strategy development.

University Job Title:
Finance Specialist III

Job Family:
Fin/Budget/Planning

Level:
F

Pay Rate Type:
Salary

Pay Range:
$77,831.00 - $90,453.00

Remote Option Availability:
Hybrid

Company:

Contact Name:
Donna Lynch-Cunningham

Contact Email:
[email protected]

Job Titles and Pay Ranges:

Non-Union Positions

Noted pay ranges reflect the potential pay opportunity for each job profile. The hiring rate of pay for the successful candidate will be determined considering the following criteria:
  • Prior relevant work or industry experience
  • Education level to the extent education is relevant to the position
  • Unique applicable skills
  • Academic Discipline


To learn more about Cornell's non-union staff job titles and pay ranges, see Career Navigator.

Union Positions

The hiring rate of pay for the successful candidate will be determined in accordance with the rates in the respective collective bargaining agreement. To learn more about Cornell's union wages, see Union Pay Rates.

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About Weill Cornell Medicine

Weill Cornell Medicine is a biomedical research unit and medical school that is part of Cornell University. It is located in New York City and is one of the leading medical schools in the United States. The institution was founded in 1898 and has since grown to become a major center for medical research and education. The school is known for its innovative research programs and its commitment to providing high-quality medical care to patients. The faculty at Weill Cornell Medicine includes some of the most respected medical professionals in the world, and the institution has a long history of producing groundbreaking research in a variety of fields.
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