NYU Langone Health · 1 day ago
Financial Project Analyst (Real Estate Development and Facilities)
NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes. The Financial Project Analyst supports financial operations related to the Real Estate Development and Facilities Department, ensuring sound financial management of the project portfolio.
EducationHealth CareHospitalMedicalNon Profit
Responsibilities
Financial tracking, monitoring and reporting of capital projects
Budget monitoring and reporting for project portfolio
Review, analyze and process applications for payment
Review all financial documents related to project portfolio and ensure compliance with institutional and industry standards, guidelines, policies and procedures
Perform all related accounting and accounts payable functions related to the project portfolio
Liaison with internal Project Management Staff, vendors and external organizations related to project portfolio
Perform day-to-day activities and functions while ensuring that departmental policies and procedures as well as cost and accounting standards are fully adhered to and implemented. Reviews and processes for payment billings from contractors, subcontractors and consultants. Performs account reconciliations of related construction accounts and construction reports. Prepares and processes journal entries
Collaborate and meet regularly with PMs to ensure timely processing of contracts, purchase requisitions, invoice payments, IOIs and journal entries
Ensure REDF Financial Systems are updated and fully reconciled against organizational financial systems for the projects under employee's responsibility. Collaborate with REDF colleagues in order to achieve these results
Responsible for the maintenance of accurate, well documented project records, both electronically and hard copies. Maintain organized records of meetings, open items and decisions. Document files and issue relevant memoranda of understanding
Responsible for reporting and KPIs
Full understanding of the components of a Development project i.e. Construction costs & Consultant costs
Prepares ad hoc reports as needed
Assist in Project Close-out
Prepare cash flows and forecasting when necessary.Follow up monthly on audits and responses.Prepare financial monthly or quarterly reports from Systems downloads as required
Guide Project Managers on proper procedures and protocol for reviewing CM Requisitions and Vendor Invoices.Set up monthly calendar of events of due dates i.e. Pencil Req submission, Pencil Req review, Final Req due, cash flows, monthly reports, invoice due dates for vendors, etc
Review Vendor Accounts Receivable reports and reconcile.Act as liaison to Accounts Payable. Research and follow up on any A/P issues.Manage contract administration process. Confirm Requisition for Purchase Order and Change Order back up is in compliance with NYU policies, proper back-up attached, correct G/L code is used.Preparing allocation entries i.e Allocating Insurance Fees and Project Management Fees across projects.Analyze and prepare Journal Entries where needed
Prepare budget modifications (transfers) where needed.Full understanding of an Anticipated Cost Report
Prepping and working with Projects Managers to produce final product including variances, change in period and required back-up
Confirm all invoices and processes are in compliance with contracts and NYU procedures.Comprehensive review of CM Requisition including Base contract values, approved change orders, Lien Waivers, General Conditions, Fees, etc.Take co-lead with Project Manager in Pencil Copy Req reviews with Construction
Qualification
Required
Bachelors degree in Finance, Accounting or Related Field Required
5+ years of experience working in Construction, Real Estate, Architectural, Facilities or Health Services organization preferred with a strong understanding of construction accounting
Demonstrate customer service and communication skills
Must be able to develop and maintain positive, cooperative, team-oriented relationships with co-workers, supervisors, managers, clients and others as required for the job
Demonstrate exceptional attention to detail as well as the ability to work well under pressure
Demonstrate accounts payable and overall basic accounting skills (i.e., journal entries, working with G/L, budgeting)
Preferred
Experience with Oracle Unifier preferred
Qualified candidates must be able to effectively communicate with all levels of the organization
Benefits
Financial security benefits
Generous time-off program
Employee resources groups for peer support
Holistic employee wellness program
Company
NYU Langone Health
NYU Langone Health is a nonprofit organization that provides a center of excellence in healthcare, research, and medical education.
Funding
Current Stage
Late StageTotal Funding
$33.5MKey Investors
National Institute of Diabetes and Digestive and Kidney DiseasesMHCIPNational Institutes of Health
2024-02-06Grant· $13M
2023-10-16Grant· $12.5M
2022-02-17Grant· $8M
Recent News
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