Senior Financial Analyst
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Columbia University Medical Center
- Job Type: Officer of Administration
- Bargaining Unit:
- Regular/Temporary: Regular
- End Date if Temporary:
- Hours Per Week: 35
- Standard Work Schedule:
- Building:
- Salary Range: 75,000.00 - 85,000.00
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.
- Job Type: Officer of Administration
- Bargaining Unit:
- Regular/Temporary: Regular
- End Date if Temporary:
- Hours Per Week: 35
- Standard Work Schedule:
- Building:
- Salary Range: 75,000.00 - 85,000.00
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 Senior Manager of Finance and Research Administration for the Department of Neurology, the Senior Financial Analyst will support the financial management and research administration services provided to faculty in the department. The position will work with both faculty and administrative staff to ensure the department operates in a financially sustainable manner.
Responsibilities
- Assists PIs in the development, review, submission and renewal of various types of sponsored project proposals from a variety of sponsors including NIH, private foundations and industry
- Ensures all programmatic reporting requirements (quarterly and/or annual progress and financial reports) are completed according to sponsor and institutional requirements and timeframes
- For awarded proposals, liaises with Sponsored Projects Administration (SPA) office to ensure timely setup of award, pre-award compliance requirements are met and all sub-awards are established
- Assigns and reconciles expense allocations (payroll and non-payroll) to funding sources with adherence to pertinent regulations, policies and procedures that govern the nature of funds
- Performs budget vs. actual reconciliation of sponsored and non-sponsored funding sources and salary allocations of faculty and staff on both project year and fiscal year basis
- Maintains comprehensive funding overviews/forecasts for faculty in assigned divisions, proactively identifying potential financial challenges and opportunities. Independently conducts in-depth division analyses, requiring advanced financial acumen and project management expertise. Regularly meets with faculty to review and adjust funding strategies, offering strategic recommendations with minimal supervision.
- Stays abreast of regulations, policies, and guidelines related to conduct of research; Analyzes specific issues, budget requests, and policy changes to provide feedback and recommendations to principal investigators
- Completes annual budgeting process and quarterly reforecasts through data entry into budget tool
- Completes routine internal reporting requirements required for sponsored projects (i.e. effort reporting, PI attestations, etc) and participates in regulatory audits and inspections
- Participants in the training and mentorship of new employees, providing expert guidance on complex processes, responding to inquiries, and assisting with onboarding. Serves as a subject matter expert and trusted resource for both new hires and peers, ensuring a high level of competency within the team.
- Takes a leadership role in departmental projects, driving the development of resources and managing key initiatives aimed at enhancing team performance and departmental efficiency. Projects demand advanced financial analysis skills and a deep understanding of research administration.
- Other projects as assigned
Minimum Qualifications
- Bachelor's degree or equivalent in education and experience, plus three years of related experience
Preferred Qualifications
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This is a high pressure position as there are many internal and external deadlines. Requires a bright, competent and organized individual that is self‐motivated, reliable, conscientious, and able to solve analytical problems, as well as plan independently. Must be able to work with all levels of staff. Position requires establishing and maintaining relationships within and across departments, as well as servicing the grant and accounting needs of Principal Investigators.
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.