Financial Analyst - FINCORE (Finance Core)

NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation. Vizient Inc. has ranked NYU Langone the No. 1 comprehensive academic medical center in the country for three years in a row, and U.S. News & World Report recently placed nine of its clinical specialties among the top five in the nation. NYU Langone offers a comprehensive range of medical services with one high standard of care across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, the system also includes two tuition-free medical schools, in Manhattan and on Long Island, and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health.

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Position Summary:
We have an exciting opportunity to join our team as a Financial Analyst - FINCORE (Finance Core).

In this role, the successful candidate is responsible for assisting in financial analysis, reporting and monitoring of the overall financial performance and effectiveness of a defined group of departments at the health system. The Financial Analyst (FA) will be tasked with understanding the revenues, expenses, and accounting structure of these departments across the Clinical, Research and Education Missions, as well as their core departmental and/or corporate operations. Success in this role relies as much on technical knowledge as it does on communication skills, as the FA will be reporting dually to Central Finance (primary) and Departmental Leadership, specifically maintaining a very close working relationship with the appropriate Departmental Administrator, staff and faculty within those departments, often taking directives from both Finance & Department leadership. This position reports directly to the manager or director in the FINCORE (Finance Core) team.

Job Responsibilities:

• Monitor budgets on a monthly basis, confirm accuracy and conduct variance and trend analysis of actual vs. budget and actual vs. prior periods, and communicate results with departmental and finance leadership.
• Prepare reporting packages and financial templates with detailed analysis based on requirements from leadership.
• Help develop and implement finance goals and metrics related to financial management of the departments, program development, and related operational, staffing and financial issues that arise.
• Prepare forecasts to measure year-to-date activity against full-year budgets, and assist faculty and other senior leadership with operational and strategic planning with relevant financial data.
• Monitor personnel allocations across accounts and, at times, direct appropriate staff to process required changes.
• Review and investigate departmental financial transactions, as well as book journal entries, both requiring a familiarity with general accounting standards.
• Ensure compliant use of all funding sources including philanthropy, and recommend and implement changes to maintain balanced accounts and help resolve funding overages when necessary.
• Assist in developing short and long term departmental annual budgets including historical analysis and future projections.
• Help identify errors using existing reporting and propose reporting enhancements as needed.
• Review all financial transactions, to threshold, for each mission area and within core departmental operations to ensure financial compliance and alignment with the budget.
• Provide ad-hoc financial analysis for special projects.
• Develop and maintain productive working relationships with the necessary corporate teams to address relevant issues and process improvement. This includes Financial Planning & Analysis, Chief of Staff Office, Office of Science and Research (OSR), Education Faculty and Academic Affairs (EFAA), Faculty Group Practice (FGP), Hospital Finance and Medical Center IT (MCIT) across both the Schools of Medicine and the Hospital.
• Contribute energetically to an environment of effective financial reporting and analysis, time management and prioritization, compliance with regulations, and adoption of leading practices.
• Other duties as assigned

Additional Position Specific Responsibilities:
Ability to multi-task, quick learner, adaptable, & manage various deliverables on quick timelines.
Committed to team success, works well with others, strong interpersonal/communication skills.
Comfort with and ability to apply accounting principles.
Demonstrated problem solver and self-starter.

Minimum Qualifications:
To qualify you must have a Bachelors degree in business, finance, or other appropriate discipline with at least 2-3 years of relevant financial experience, or a combination of comparable education and experience.
Understanding of accounting, budgeting, and financial reporting.
Strong working knowledge of Microsoft Office software, especially Excel.
Excellent verbal and written communication skills, ability to work with a diverse group of faculty and staff, and interpersonal and problem solving skills.

Preferred Qualifications:
Experience with Enterprise Systems. PeopleSoft or Oracle preferred.

Qualified candidates must be able to effectively communicate with all levels of the organization.

NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents.

At NYU Langone Health, we are committed to supporting our workforce and their loved ones with a comprehensive benefits and wellness package. Our offerings provide a robust support system for any stage of life, whether it's developing your career, starting a family, or saving for retirement. The support employees receive goes beyond a standard benefit offering, where employees have access to financial security benefits, a generous time-off program and employee resources groups for peer support. Additionally, all employees have access to our holistic employee wellness program, which focuses on seven key areas of well-being: physical, mental, nutritional, sleep, social, financial, and preventive care. The benefits and wellness package is designed to allow you to focus on what truly matters. Join us and experience the extensive resources and services designed to enhance your overall quality of life for you and your family.

NYU Langone Health is an equal opportunity employer and committed to inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration. We require applications to be completed online.

View NYU Langone Health's Equal Employment Opportunity (EEO) policy, Know Your Rights: Workplace discrimination is illegal.

NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisements. The salary range for the role is $67,771.14 - $84,270.00 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.

To view the Pay Transparency Notice, please click here