Finance Specialist - Accounting and ReportingPOSITION DETAILSThe CUNY School of Medicine (CUNY SoM) located in the heart of Harlem, New York, is the only medical school in the City University of New York system and the only public medical school in Manhattan. Building upon 50 years of success as the Sophie Davis School of Biomedical Education, the institution transitioned to the CUNY School of Medicine (SoM) in 2016. The CUNY SoM offers an accelerated BS/MD degree (7-year program) and a Physician Assistant Master’s Degree (27 months program). True to its legacy of access, opportunity, and community transformation, the medical school’s mission remains to recruit highly talented students as diverse as New York City itself. CUNY SoM places a special emphasis on the recruitment of those who are underrepresented in the field of medicine and on training high quality, culturally competent health professionals and scientists equipped to address the healthcare needs of New York’s medically under-served communities. As a major priority, CUNY SoM also seeks to enhance the recruitment and retention of senior leadership, faculty, and staff to more closely reflect the diversity of our student body.The Finance and Administration Office is currently seeking a Finance Specialist. The incumbent will report to the Finance Budget Director. In addition to the CUNY Title Overview duties include but are not limited to the following responsibilities:
Monitor and reconcile tuition revenue accounts regularly.
Responsible for making accounting entries related to CUNY Med’s non-tax levy entities including income and expenses.
Reconcile bank statements and internal accounts to ensure accuracy.
Collaborate with the Bursar’s Office to resolve discrepancies between financial records and student accounts. Ensure accuracy in the general ledger.
Generate regular financial reports related to tuition and fees and non-tax levy entities.
Ensure compliance with CUNY policies regarding tuition and fees.
Stay updated on changes in tuition policies, financial regulations, and accounting standards
Analyze expenditures to ensure they are appropriately reported in accordance with GAAP and participate in periodic reporting related to tuition and non-tax levy entities.
Identify opportunities to streamline processes and improve financial controls and assist with the implementation and management of non-tax levy software.
Ensure CUNY Med and all related entities comply with the University Cash Accounting Policy.
Perform other duties as assigned by the Finance Budget Director or designee
QUALIFICATIONSBachelor's Degree and four years' related experience required.PREFERRED:
Bachelor’s degree in Business, Economics, Accounting, Finance or closely related field
Strong knowledge of accounting principles and practices
Excellent analytical and problem-solving skills.
High level of accuracy and attention to detail are essential
Ability to work independently and meet tight deadlines.
Proficient with Microsoft Office suite of products, particularly Outlook, Word, Access, and Excel
Strong organizational, interpersonal, and communication (verbal and written) skills.
Detail-oriented and accurate with strong quantitative, financial, and critical thinking skills.
CUNY TITLE OVERVIEWCoordinates financial matters for a program or department under management direction.
Maintains financial accounts for income and spending; administers the allocation of funds
Analyzes spending, income trends and usage to recommend improvements
Manages the collection of revenue and accounts receivable
Tracks and maintains financial data to provide fiscal reports to management; produces forecasting projections
Monitors the financial condition of operating centers to ensure efficient use of resources
Performs ad hoc reporting and analysis as necessary
May supervise subordinate staff
Performs related duties as assigned.
Job Title Name: Finance SpecialistCUNY TITLEHigher Education AssistantFLSAExemptCOMPENSATION AND BENEFITSSalary range: $75,465 - $86,645Salary commensurate with education and experience.CUNY's benefits contribute significantly to total compensation, supporting health and wellness, financial well-being, and professional development. We offer a range of health plans, competitive retirement/pension benefits and savings plans, tuition waivers for CUNY graduate study and generous paid time off. Our staff also benefits from the extensive academic, arts, and athletic programs on our campuses and the opportunity to participate in a lively, diverse academic community in one of the greatest cities in the world.HOW TO APPLYVisit www.cuny.edu, access the employment page, log in or create a new user account, and search for this vacancy using the Job ID or Title. Select "Apply Now" and provide the requested information.Candidates should provide a resume and cover letter.CLOSING DATEOpen until filled. Review of resumes to begin on October 14, 2024.JOB SEARCH CATEGORYCUNY Job Posting: Managerial/ProfessionalEQUAL EMPLOYMENT OPPORTUNITYCUNY encourages people with disabilities, minorities, veterans and women to apply. At CUNY, Italian Americans are also included among our protected groups. Applicants and employees will not be discriminated against on the basis of any legally protected category, including sexual orientation or gender identity. EEO/AA/Vet/Disability Employer.Job ID29097LocationCUNY School of Medicine