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NYU Langone Health · 2 days ago

Associate Financial Analyst

New York, NY

Full-time

Onsite

Entry Level

$66K/yr - $73K/yr

1+ years exp

NYU Langone Health is a leading medical institution committed to improving the human condition through education, research, and patient care. They are seeking an Associate Financial Analyst to manage accounting and financial analysis for the Department of Biochemistry & Molecular Pharmacology, ensuring compliance with funding regulations and supporting departmental budgeting processes.

EducationHealth CareHospitalMedicalNon Profit

Growth Opportunities

Responsibilities

Post- award review of all extramural funding including government and non-government grants, and contracts to assure institutional and sponsor compliance, budgetary and expenditures appropriateness. Prepare, analyze and review Grant Status Reports and Trial balances on a monthly basis

Works with Department Administrator and Director of Finance to monitor all lab budgets and troubleshoot problems identified from reports

Provides financial analysis as needed to support an annual review of all departmental faculty effort and federal time and effort reporting. Provides financial analysis for special programs as needed

Proposes, then implements, efficient process and workflow improvements

Assists with day-to-day Accounts Payable and Purchasing for the department. On occasion, troubleshoots purchasing and payable issues with Accounts Payable, Purchasing, and Compliance departments. Liaise with central administration (AP, Research Finance, etc) to resolve problems identified from financial reports

Monitors discretionary budgets on monthly basis and conducts variance analysis of budget vs. actuals

Prepare Journal Vouchers as need before the financial month and year end close. Prepare Cost Transfers to move allocable costs. Perform ad hoc financial analysis and scenario analysis to support departmental decisions

Review and process salary reallocations and ensure the correct allocation of personnel on grants and other funds based on the yearly financial plan and grant budgets for the investigators

Develop yearly business plans for Principal Investigators and their labs. Coordinate effort reports for quarterly review

Review and approve invoices and purchase requisitions for both federal and non federal grants and review adherence to NIH policies

Review P-Card charges for compliance to federal and NYUGSOM policy

Prepare closeout packages for final reports and quarterly billing invoices. Facilitate all financial reporting requirements, this includes interim and final reports, and facilitate account close out activities

Maintain interface with Departmental Administrator, Director of Finance, and Principal Investigators to ensure adherence to approved budget including cost-shared salaries, purchases of capital equipment, and variances in budget allocations

Forecast expected budget balances or deficits based on current prorated spending. Support the departments finance strategy through financial forecasting and budgeting

Responsible for the analytical review of the grants to ensure all expenditures reported are in compliance with regulations set by institutional policies and federal and non-federal sponsors

Participates in internal development opportunities