Columbia University
Senior Financial Analyst
🇺🇸 New York, NY
🕑 Full-Time
💰 $76K - $88K
💻 Finance
🗓️ September 24th, 2025
Edtech.com's Summary
Columbia University is hiring a Senior Financial Analyst. The role involves managing clinical practice payroll accounting, budgeting, and endowment administration across multiple clinical departments, while collaborating with HR and finance teams to ensure accurate salary tracking and financial reporting.
Highlights
- Prepare and update annual salary budgets and maintain salary estimates for clinical departments.
- Perform labor accounting tasks including cost transfers and salary distribution adjustments.
- Utilize the Columbia University payroll system (PAC) and prepare faculty incentive and bonus payments.
- Manage endowment expense budgets and coordinate year-end endowment spending.
- Generate ad hoc reports and serve as the primary contact for labor accounting inquiries.
- Required skills include intermediate to advanced MS Office, PeopleSoft, Adobe, and Visio proficiency.
- Must have a bachelor's degree or equivalent education and experience, with a minimum of 3 years related experience.
- Preferred qualifications include accounting experience and advanced degree in Finance, Accounting, or Business Administration.
- Salary range is $75,700 to $87,700 annually.
- Strong analytical, organizational, and communication skills required to handle complex data and coordinate with multiple departments.
Senior 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: Mon - Fri (9am - 5pm)
- Building: Columbia University Medical Center
- Salary Range: $75,700 - $87,700
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
The Senior Financial Analyst is responsible for clinical practice payroll accounting/budgeting and endowment management for multiple clinical departments. Reporting to the Manager of Budget and Finance, responsibilities include the following:
Responsibilities
- Assist with preparation of annual salary budgets for multiple clinical departments.
- Maintain salary current estimates, updating for new hires, terminations, and off-cycle compensation changes throughout the year
- Labor Accounting.
- Requires thorough understanding of CU payroll system (PAC).
- Perform cost transfers, salary distributions and add-comp distributions, both routine and off-cycle, for on-going reallocation of salary expense to applicable funding sources.
- Collaborate with multiple HR departments for faculty and staff hires, promotions, terminations and salary changes; provide financial information needed for HR processes.
- Prepare and enter monthly, quarterly and annual on-call, incentive and bonus payments for faculty.
- Monitor salary expense to ensure accurate payroll. Prepare monthly budget vs. annual analysis to evaluate overages.
- Annual Roster. Assist with preparation of divisional rosters for review by CFO and division chiefs. Assist with preparation of formal roster, incorporating clinical finance comp-plan data for the practice component of roster for annual submission to CUIMC HR.
- Endowment management. Maintains thorough understanding of endowment rules and regulations. Assist with preparation of annual endowment expense budgets and monitor budget versus actual throughout the year. Work with department management teams to coordinate year-end spending of Core endowments.
- Monthly transactions. Internal transfers for monthly assessments, OFS clearing, salary transfers, and other routine and one-off transfers as needed.
- Prepare ad hoc reports often requiring preparation on short notice with limited information.
- Collaborates with multiple levels of organization for problem resolution and ongoing routine issues. Serves as initial contact for all labor accounting inquiries.
- Other related duties as assigned.
Minimum education:
- Bachelor's degree or equivalent in education and experience.
Minimum related experience:
- 3 years, or equivalent in education and experience.
Preferred Qualifications
- Accounting credits/experience a plus.
- Advanced degree in Finance, Accounting or Business Administration.
Other Requirements
Qualifications for Candidates include but are not limited to the following:
- Must have strong analytical abilities.
- Must be able to manage and analyze large and complex data sets with a high degree of accuracy.
- Must be able to manage a high-volume workload.
- Must have strong organizational skills and capable of working independently as well as collaboratively.
- Must be detail oriented and be able to handle competing priorities.
- Effective interpersonal and communication skills required, excellent customer service.
- Intermediate to advanced level MS Office skills, PeopleSoft, Adobe and Visio.
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.
