Under supervision, position will be responsible for assisting in the administration and maintenance of the Medical College's operating budget. The Budget Analyst will be the lead role for other budget analysts.
- Assists in the development and execution of the college-wide annual budgeting module / template; works with department financial administrators and senior Budget offices to make improvements on previous versions of budgeting module; participates in training sessions teaching departments the uses and features the module; help compile coaching materials for training sessions.
- Develops and maintains monthly budget vs. actual reports; analyzes monthly budget vs. actual variances; identifies and rectifies any budget discrepancies; escalates any unresolved issues to management.
- Assists with the preparation and distribution of institutional allocations; prepare related schedules to calculate funding sources for allocations; updates and maintains changes to allocations as necessary; maintains budget databases and models used for allocations and trending analysis.
- Meets with Department financial officers on budgetary requests or issues; communicates and explains budget policies with the Department to ensure adherence to Medical College standards.
- Performs monthly validation and audit checks between SAP and budget files of institutional operating budget; explains and corrects any variances with the budget analysts.
- Responsible for the administration of departmental budgets and the implementation of these budgets into the SAP financial system.
- Works closely with Reporting Analysts within the Budget Office to ensure accuracy and precision of all financial reports.
- Prepares and analyzes a variety of schedules on a monthly basis including investment income report, institutional research funds, etc.
- Performs funding and transfer mechanisms throughout the year including revenue/expense transfers and funding of institutional subsidies.
- Provides leadership, guidance, and mentorship to budget analysts in department.
- Performs other related duties as assigned.
Highly Desired Requirements
- Bachelor's degree in Finance, Economics, or related field
- Three to five years finance related or budget experience
- Proficient knowledge of Microsoft Excel, including vlookups, pivot tables, etc.
Skill and Abilities
- Fund accounting knowledge.
- Experience with database software or enterprise resource planning system.
- Budget related experience in higher education institution.
Working Conditions/Physical Demands
- Intermediate to expert knowledge with Excel and PowerPoint/Microsoft Suite.
- Intermediate to expert knowledge with PC's and desktop computers.
- Intermediate to expert knowledge with internet and search tools/functions.
- Excellent oral and written communication skills.
- General working/previous knowledge of photocopiers, faxes and printers.
No relocation assistance is provided for this position.
Visa sponsorship is not available for this position.
For more information and to apply, visit https://cornellu.taleo.net/careersection/2000/jobdetail.ftl?job=27648
Founded in 1898, and affiliated with what is now New York-Presbyterian Hospital since 1927, Weill Cornell Medical College is among the top-ranked clinical and medical research centers in the country. In addition to offering degrees in medicine, Cornell also has Ph.D. programs in biomedical research and education at the Weill Graduate School of Medical Sciences, and with neighboring Rockefeller University and the Sloan-Kettering Institute, has established a joint MD-PhD. program for students to intensify their pursuit of Cornell's triple mission of education, research, and patient care.
Weill Cornell Medical College's educational mission emphasizes the importance of combining a strong foundation in the medical sciences with extensive clinical training in patient care. By promoting a true social commitment, stimulating creativity, and fostering independent thought and study, Weill Cornell Medical College continues to cultivate the best of tomorrow's leaders in the field of medicine.
Weill Cornell Medical College is an employer and educator recognized for valuing AA/EOE/M/F/Protected Veterans, and Individuals with Disabilities.