Financial Analyst @ Columbia University

Edtech.com's Summary

Columbia University is hiring a Financial Analyst for the Department of Pediatrics within its Finance Team. The role involves managing financial reporting, processing journal entries, assisting with budget preparation, tracking accounts receivable, and collaborating with finance managers to maintain accurate departmental finances.

Highlights

Supports monthly, quarterly, and year-end financial close processes including journal entries
Assists with budget preparation, monthly transfers, service agreements, and reconciliations
Manages accounts receivable and tracks payments for multiple funds and external organizations
Maintains deposit database and ensures proper coding for COB reporting
Prepares financial accruals and assists with payroll salary distributions and cost transfers
Requires bachelor’s degree or equivalent and at least three years of related experience
Preferred experience with higher education financial systems, especially Columbia's ARC and Budget Tool
Advanced knowledge of Microsoft Excel and strong analytical, communication, and organizational skills
Salary range $70,000 to $75,000 depending on experience and qualifications
Subject to background checks and compliance training, including HIPAA Privacy and Security Essentials

Financial Analyst Full Description

Job Type: Officer of Administration
Bargaining Unit:
Regular/Temporary: Regular
End Date if Temporary:
Hours Per Week: 35
Standard Work Schedule:
Building:
Salary Range: $70,000-$75,000

The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The above hiring range represents the University's good faith and reasonable estimate of the range of possible compensation at the time of posting.

Position Summary

Reporting to the Finance Managers, the Financial Analyst will support the financial management of the department. The position will work closely with the Pediatrics Finance team members and the Divisional Administrators. Responsible for supporting all financial reporting needs of the department.

At CUIMC, we are leaders in teaching, research, and patient care and are proud of the service and support we provide to our community. Columbia University offers a range of benefits to help you, and your dependents stay healthy, build long-term financial security, meet educational and professional goals, and more. Explore your options for Health and Welfare,Â Employee Assistance,Â Tuition Programs, and Retirement Benefits

âSubject to business needs, we may support flexible and hybrid work arrangements. Options will be discussed during the interview process"

Responsibilities

Process journal entries for monthly, quarterly, and year-end close.
Assist with all aspects of budget preparation; monthly NYPH transfers, service agreements, fellowâs charges and reconciliations.
Assist with analyzing account balances, overdrafts, track payments and expenditures.
Responsible for accurately tracking and managing accounts receivable for MSAs, NYPH Special funds, and other outside organizations.
Monitors past due payments and work with outside organizations to collect and keep receipts current.
Manage and process the Pediatrics Department deposits from external sources.Â Maintain the deposit database and ensure appropriate coding for COB reporting.
Assist with monthly calculations and charge back of AIM-HI, FPO, and departmental assessments and funds flow.
Assist with annual budget submission by updating and creating Divisional templates and submission to the budget tool.
Responsible for the creation and maintenance of chartfields for accurate accounting of expenses and revenue.
Works with the Pediatrics Finance managers and the CUIMC controller's office to prepare quarterly/annual accruals for more accurate and time-sensitive reporting.
Assist with PAC payroll salary distributions and cost transfers under the direction of the Senior Payroll manager and Director.
Perform other related duties and responsibilities as assigned/requested.

Minimum Qualifications

Bachelorâs degree or equivalent in education and experience required; plus three years of related experience.

Other Requirements

Employment is contingent upon successful completion of pre-offer and post-offer background checks in accordance with NYCâs Fair Chance Act. Depending on the position, a drug screening and other verifications may be required. (University Policies)
Must successfully complete applicable compliance and systems training requirements.
- HIPAA Privacy and Security Essentials Training

Preferred Qualifications

Experience in higher education or other large, complex institutions is desirable. Familiarity with Columbia financial systems, particularly the Accounting at Columbia (ARC) system, is also highly desirable, along with experience with running financial reports for project reconciliation, and budgeting in the University Budget Tool.
Must have excellent interpersonal, communication, and organizational skills. Advanced knowledge of Microsoft Excel. Strong attention to detail and accuracy. Analytical and problem-solving skills.

Equal Opportunity Employer / Disability / Veteran

Columbia University is committed to the hiring of qualified local residents.

Original Job Description

Job Type: Officer of Administration
Bargaining Unit:
Regular/Temporary: Regular
End Date if Temporary:
Hours Per Week: 35
Standard Work Schedule:
Building:
Salary Range: $70,000-$75,000

Position Summary

âSubject to business needs, we may support flexible and hybrid work arrangements. Options will be discussed during the interview process"

Responsibilities

Process journal entries for monthly, quarterly, and year-end close.
Assist with all aspects of budget preparation; monthly NYPH transfers, service agreements, fellowâs charges and reconciliations.
Assist with analyzing account balances, overdrafts, track payments and expenditures.
Responsible for accurately tracking and managing accounts receivable for MSAs, NYPH Special funds, and other outside organizations.
Monitors past due payments and work with outside organizations to collect and keep receipts current.
Manage and process the Pediatrics Department deposits from external sources.Â Maintain the deposit database and ensure appropriate coding for COB reporting.
Assist with monthly calculations and charge back of AIM-HI, FPO, and departmental assessments and funds flow.
Assist with annual budget submission by updating and creating Divisional templates and submission to the budget tool.
Responsible for the creation and maintenance of chartfields for accurate accounting of expenses and revenue.
Works with the Pediatrics Finance managers and the CUIMC controller's office to prepare quarterly/annual accruals for more accurate and time-sensitive reporting.
Assist with PAC payroll salary distributions and cost transfers under the direction of the Senior Payroll manager and Director.
Perform other related duties and responsibilities as assigned/requested.

Minimum Qualifications

Bachelorâs degree or equivalent in education and experience required; plus three years of related experience.

Other Requirements

Employment is contingent upon successful completion of pre-offer and post-offer background checks in accordance with NYCâs Fair Chance Act. Depending on the position, a drug screening and other verifications may be required. (University Policies)
Must successfully complete applicable compliance and systems training requirements.
- HIPAA Privacy and Security Essentials Training

Preferred Qualifications

Experience in higher education or other large, complex institutions is desirable. Familiarity with Columbia financial systems, particularly the Accounting at Columbia (ARC) system, is also highly desirable, along with experience with running financial reports for project reconciliation, and budgeting in the University Budget Tool.
Must have excellent interpersonal, communication, and organizational skills. Advanced knowledge of Microsoft Excel. Strong attention to detail and accuracy. Analytical and problem-solving skills.

Equal Opportunity Employer / Disability / Veteran

Columbia University is committed to the hiring of qualified local residents.

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Financial Analyst

Edtech.com's Summary

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