166 Financial Analyst I Jobs in New York, NY
Weill Cornell Medicine is Hiring a Financial Analyst I Near New York, NY
Title: Financial Analyst I
Title: Financial Analyst I
Location: Upper East Side
Org Unit: Global Health
Work Days: Monday-Friday
Exemption Status: Exempt
Salary Range: $71,700.00 - $84,300.00
- As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC Offices
Position Summary
Responsible for 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
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 race, sex, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, or genetic information.
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City
Job Summary
Full Time
$69k-84k (estimate)
03/20/2024
05/19/2024
mail.med.cornell.edu
New York, NY
100 - 200
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The following is the career advancement route for Financial Analyst I positions, which can be used as a reference in future career path planning. As a Financial Analyst I, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst I. You can explore the career advancement for a Financial Analyst I below and select your interested title to get hiring information.
If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Financial Analyst job description and responsibilities
Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.
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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Financial Analyst jobs
To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.
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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.
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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.
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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.
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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.
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Step 3: View the best colleges and universities for Financial Analyst.
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