Albert Einstein College of Medicine logo

Albert Einstein College of Medicine

Financial Analyst

🇺🇸 Einstein/Resnick - Bronx, NY 🕑 Full-Time 💰 $70K 💻 Finance 🗓️ April 8th, 2026

Edtech.com's Summary

Albert Einstein College of Medicine is hiring a Financial Analyst to manage and ensure compliance for sponsored project finances within the Research Finance Department. The role involves reviewing and approving labor and cost transfers, supporting effort certification processes, monitoring subrecipient activities, and preparing journal vouchers to meet institutional and sponsor requirements.

Highlights
  • Review and approve Labor Redistribution and OTPS cost transfers, making adjustment recommendations as necessary.
  • Coordinate with Principal Investigators and Department Administrators to ensure compliance with sponsored project activities.
  • Assist in the Effort Certification release, including setting up report periods and following up with departments.
  • Track Effort Report unlock requests and participate in Banner system upgrades testing.
  • Support subrecipient monitoring and provide training on the LRD and Effort certification processes.
  • Prepare and approve journal vouchers as requested and handle special projects.
  • Required knowledge of Sponsored Research Financial Regulations such as OMB Circulars and NIH Grants Policy Statement.
  • Proficient in MS Office applications, Internet usage, Project, and Outlook.
  • Qualifications include a Bachelor’s degree or applicable experience; Post-Graduate degree preferred.
  • Annual base salary up to USD $70,000.

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.