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Albert Einstein College of Medicine

Financial Analyst

🇺🇸 Einstein/Resnick - Bronx, NY 🕑 Full-Time 💰 $70K 💻 Finance 🗓️ April 15th, 2026

Edtech.com's Summary

Albert Einstein College of Medicine is hiring a Financial Analyst to support compliance and monitoring activities within the Research Finance Department. The role involves partnering with Principal Investigators and Department Administrators to review, approve, and report on sponsored project financial activities while ensuring adherence to institutional and regulatory requirements.

Highlights
  • Reviews and approves Labor Redistribution (LRD) and OTPS cost transfers, providing recommendations as needed.
  • Coordinates effort certification processes including report setup, follow-ups, and manual effort assistance.
  • Tracks effort report unlock requests and assists during Banner financial system upgrades.
  • Assists with subrecipient monitoring and trains departments on LRD and Effort certification procedures.
  • Prepares and approves journal vouchers and participates in special projects.
  • Requires knowledge of Sponsored Research Financial Regulations, including OMB Circulars and NIH Grants Policy.
  • Proficient in MS Office Applications, Project, and Outlook.
  • Bachelor’s degree or applicable experience required; post-graduate degree preferred.
  • Expected to demonstrate professionalism, timeliness, respect, and customer service skills.
  • Maximum annual salary of $70,000 as per NYC Pay Transparency Act.

Financial Analyst Full Description

About Us: 
The Research Finance Department at Albert Einstein College of Medicine is responsible for monitoring all Sponsored Funds activity.  The Department assists with establishing fund numbers in our Banner financial system.  We monitor and report expenditures to our sponsoring agency as indicated in the agreement documentation. Effort certifications are coordinated and tracked in our office and as well as other compliance areas such as cost transfers, unallowable costs, sub recipient monitoring, closing out of sponsored grants, etc. 

POSITION RESPONSIBILITIES: 
The Compliance Financial Analyst partners with the Principal Investigator (PI), Department Administrator (DA) and Finance Management in order to ensure that sponsored project activity is meeting Institutional goals and requirements. S/he and reports directly to the Compliance Assistant Manager of Research Finance.
 
This involves, but is not limited to, the following:
Responsibilities:
  • Reviews and approves Labor Redistribution (LRD) Cost Transfers and/or makes adjustment recommendations to Department Administrators or PI’s
  • Reviews and approves OTPS cost transfers 
  • Proactively alerts Principal Investigator, Administrator and Budget Office of pending LRD’s that require revision and/or approval in the tool
  • Responsible for the distribution of LRD Disposition Statuses to the Departments and ensures LRD’s over a month old are removed from the tool
  • Assists the Assistance Manager in the Effort Certification release
    • Aids in setting up new Effort Report Periods in Banner 
    • Follows up with Departments that reports are reviewed timely 
    • Assists in the manual effort process
    • Informs if any issues in the LRD and Effort tools and assists with resolution
  • Tracks Effort Report unlock requests and runs the unlock process 
  • Assists in testing LRD and Effort tool during Banner upgrades
  • Assists in the Subrecipient Monitoring tracking process
  • Assists in training the Departments on the LRD and Effort certification process
  • Prepares and approves journal vouchers as requested
  • Special Projects as needed.
 
QUALIFICATIONS: 
  • Bachelors Degree or applicable experience
  • Post-Graduate Degree

Key Skills:
  • Excellent oral and written skills
  • Strong familiarity with Sponsored Research Financial Regulations, such as; OMB Circulars A-21, A-110, A-133, FAR and NIH Grants Policy Statement. 
  • MS Office Applications & Internet Usage, Project/Outlook.
  • The Financial Analyst is expected to conduct him/herself in a professional manner.  
  • The Financial Analyst should possess qualities of timeliness, respect and customer service.
 
Additional Information: In compliance with NYC's Pay Transparency Act, the annual base salary range for this position is listed below. Albert Einstein College of Medicine considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as, market and organizational considerations when extending an offer. Maximum Salary Range: USD $70,000.00/Yr.