Senior Financial Analyst
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Job Location:
Monthly Salary:
Posted on:
15 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
About Us
Position Overview:
The Financial Analyst provides comprehensive financial planning analysis and reporting support for the Colleges Engineering & Maintenance and Design & Construction division. This role partners closely with facilities leadership project managers engineers and operations staff to ensure effective budget management capital project controls cost forecasting and financial compliance across operating and capital expenditures. The analyst plays a key role in supporting infrastructure reliability regulatory compliance and strategic capital investment decisions. This includes but is not limited to contract administration document control general clerical assignments and other financial miscellaneous tasks.
POSITION RESPONSIBILITIES
Key Responsibilities:
- Financial Planning & Analysis
- Maintain budget tracking for capital and renovation projects ensuring accurate reconciliation of costs. This includes but is not limited to conducting budget vs. actual analysis identifying cost variances and ensuring financial compliance.
- Process requisitions purchase orders and invoice reconciliation to ensure timely and accurate payments.
- Support the preparation of the annual and mid-year capital budgets including financial forecasting.
- Assist in developing and updating the 20-year Capital Plan managing a projected budget of approximately $80 million.
- Prepare cash flow Analysis for all projects and track actuals accordingly.
- Develop manage and monitor operating budgets for Engineering & Maintenance as well.
- Perform monthly quarterly and annual financial analysis including variance analysis trend analysis and forecasting
- Support long-range capital planning and multi-year facilities investment strategies
- Analyze labor materials contracts utilities and service costs to identify risks savings opportunities and efficiencies
- Track and report on capital project budgets commitments expenditures and forecasts
- Support project managers with cost control change order analysis and financial impact assessments
- Assist with capital project close-out asset capitalization and depreciation coordination as necessary with Finance.
- Project & Operations Administration
- Prepare track and manage contracts purchase orders change orders and financial documentation in compliance with procurement policies.
- Work closely with vendors contractors and procurement teams to ensure seamless project execution.
- Maintain comprehensive documentation control including contract amendments approvals and financial reports.
- Assist in writing and managing meeting minutes action items and project status reports.
- Assist in arranging meetings for the project teams.
- Tracking project milestones.
- Assist in preparing bid packages for new projects
- System Transition & Data Management
- Support the transition to new software systems ensuring smooth financial data migration.
- Leverage new software to streamline financial processes and reporting.
- Generate financial reports using multiple systems (Banner MicroMain CMS Procore) to provide real-time project insights.
- Change Order & Compliance Management
- Monitor and process change orders ensuring accurate financial tracking and compliance.
- Work with stakeholders to analyze financial impacts of scope changes on budget and project timelines.
- Ensure all financial records align with procurement guidelines grant funding requirements and internal policies.
QUALIFICATIONS
Qualifications & Skills:
- Bachelors degree in Finance Accounting Business Administration or a related field.
- 2-3 years of relevant experience in financial analysis budget management or construction project administration.
- Experience with Project Management Software (Procore e-Builder Banner or similar) is highly preferred.
- Advanced proficiency in Microsoft Excel including pivot tables formulas and financial modeling.
- Strong experience in contract management invoice reconciliation and procurement processes.
- Excellent organizational written and verbal communication skills.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Knowledge of Engineering capital planning construction budgets and financial reporting is a plus.
Additional Information
In compliance with NYCs 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 candidates work experience education/training key skills internal peer equity as well as market and organizational considerations when extending an offer.
Maximum Salary Range
USD $87500.00/Yr.
Required Experience:
Senior IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Financial Concepts
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
