Title: Budget Analyst IILocation: MidtownOrg Unit: Budget and PlanningWork Days: Monday-FridayWeekly Hours: 35.00Exemption Status: ExemptSalary Range: $91,000.00 - $99,500.00As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC OfficesPosition SummaryUnder direction, manages budgetary and financial reporting activitiesJob Responsibilities
Develops the annual operating budget and associated policies and guidelines. Gathers industry or peer data for comparison and best practices.
Responsible for the administration of departmental budget(s) and the implementation of budgets into the enterprise resource financial system.
Prepares and distributes allocations and associated schedules to calculate funding sources for allocations. Updates and maintains changes to allocations as needed. Maintains budget databases and models used for allocations and trending analysis.
Prepares preliminary budget forecasts.
Assists in the development and execution of budgeting modules/templates. Identifies and recommends improvements to previous versions of budgeting modules and participates in training sessions surrounding the use and features of the modules.
Works with grants and clinical trials administrators to confirm funding and expenditures.
Provides guidance on budget policies to ensure adherence to institutional policies and standards.
Develops and maintains budget vs. actual reports. Analyzes variances to identify and assist in rectifying any budget discrepancies. Escalates any unresolved issues.
Monitors and performs funding and revenue/expense transfer transactions as needed.
Prepares report of faculty earning $500,000 or more in total compensation. Calculates faculty compensation payout to determine supplemental accruals.
Education
Bachelor's Degree in Finance, Accounting, Economics, or Business Administration.
ExperienceApproximately 3 years of finance related experience, preferably within an academic medical centerKnowledge, Skills and Abilities
Fund accounting knowledge is highly desired.
Experience with database software or an enterprise resource planning system, SAP preferably, is highly desired.
Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data analysis.
Strong analytical and problem-solving skills
Attention to detail and accuracy in numerical work.
Ability to manage multiple projects and meet deadlines.
Excellent communication skills, both written and verbal.
Licenses and CertificationsWorking Conditions/Physical DemandsStandard office work; Position may require the need to work overtime to meet deadlinesWeill 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.