Financial Analyst I – Financial Analysis

Job Description

Financial Analyst I | Weill Cornell Medicine

The Tone:
This is a full-time role at Weill Cornell Medicine, located in New York, NY (Midtown). Weill Cornell Medicine is a leading academic medical center committed to world-class education and career opportunities. This role is crucial for ensuring the accurate financial monitoring, analysis, reconciliation, and reporting of various departmental financial activities within the Surgery Finance unit.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person, New York, NY
• Pay: $75900–$85400 yearly
• Team: Surgery Finance
• Mission: This person will be responsible for precise financial oversight, analysis, and reporting across departmental operations and restricted accounts, including sponsored program grants and clinical trials.
• Tech Stack: MS Office Suite, database applications

What You’ll Actually Do
• Forecasting & Planning: Develop financial forecasts and business plans, preparing prospective and retrospective financial analyses, and coordinating business plan development.
• Budget Management: Manage operating and capital budgets as needed, reviewing budget proposals for governmental, industry-based, and private funding initiatives.
• Model Design: Design complex, multilayered financial models to forecast profit/loss statements for faculty recruits, studies, new ventures, and routine department operations.
• Reporting & Analysis: Create routine and ad-hoc financial and management reports, investigating, explaining, and correcting discrepancies, variances, and deficits independently.
• Financial Tracking & Compliance: Track and record financial activity within enterprise financial systems, databases, and spreadsheets, while also educating faculty and staff on proper accounting procedures and auditing for compliance.

The Must-Haves
• Background: Bachelor’s Degree in Accounting, Business, Economics, or a Healthcare-related field.
• Experience: Approximately 2-3 years of progressive experience in administration or financial management.
• Skills: Demonstrated proficiency with MS Office Suite and database applications, experience designing and developing financial models, critical thinking and analytical skills, detail orientation, and superb organizational skills.
• Bonus: Accounting experience and/or experience within an academic medical center setting.