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Financial Analyst I
$64k-78k (estimate)
Full Time | Hospital 1 Week Ago
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University of Rochester is Hiring a Financial Analyst I Near Rochester, NY

Opening

Full Time 40 hours Range URG 108 Ctr for Advanced Research Tech

Schedule

7:30 AM-4 PM

Responsibilities

General Purpose:

Finance, accounting, management, inventory management

Join our dynamic team at the University of Rochester Medical Center's Center for Advanced Research Technologies (CART). We are seeking a diligent and proactive Financial Analyst to oversee and enhance the financial operations within our innovative research environment. This role is instrumental in maintaining the financial health of our center, encompassing a range of responsibilities from budget preparation and financial reporting to procurement and vendor management.

Why Join Us?
At CART, you will be part of a leading-edge research facility dedicated to advancing scientific discoveries and innovations. Our team benefits from a stimulating work environment where continuous learning and growth are encouraged. We offer competitive compensation, comprehensive benefits, and opportunities for professional development.

Responsibilities:
Financial Analysis and Reporting

  • Run sales and cost of goods reports as needed from our invoicing system to aid in budget preparation.
  • Export data from the invoicing system as required by the CART Data Manager.
  • Prepare and analyze monthly financial reports for CART, tracking revenue and expenses against the annual budget.

Budget Preparation and Management

  • Prepare the annual Supply Center budget, submit it to Finance, and enter details in Axion.
  • Consult with suppliers to arrange product shows and seminars, enhancing resource availability and training opportunities.

Procurement and Inventory Management

  • Meet with new and existing suppliers to set up and maintain inventory price files and required documentation.
  • Create purchase orders and verify invoices in Workday; responsibilities shared with the Analyst and Accounting Assistant.
  • Approve P2P and Purchasing card transactions.

Analyze and interpret data, statistics and financial information:

  • Develop reports and metrics on the financial position of CART
  • Develop modeling tools to predict how changes impact the financial position
  • Research and benchmark CART rates with comparable institutions

Operational Support and System Management

  • Maintain and update room and occupancy records in URSpace and its new system replacement.
  • Provide on-site support for CTWBusiness Suite and consult with CTW to resolve issues when needed.
  • Prepare and preflight inventory and end-of-month transaction files, uploading through URtransfer.

Vendor and Stakeholder Engagement

  • Submit Marketplace orders for Staples, W.B. Mason, Amazon, and others as needed, shared with the Analyst and Accounting Assistant.
  • Provide support for inventory planning coordinators by issuing credits for canceled orders using our invoicing system.

Other tasks as assigned

Qualifications:

  • Bachelors degree in Accounting or business related field MBA (preferred) or equivalent
  • Or equivalent combination of education and experience
  • Strong analytical and organizational skills with keen attention to detail.
  • Positive customer service attitude with strong communication skills.
  • Strong proficiency in Microsoft Office, especially Excel, and familiarity with financial management software such as Workday, Axion, and legacy systems like Jaeger, Onbase, and AllScripts.
  • Excellent analytical, organizational, and problem-solving skills with a detail-oriented approach.
  • Effective communication and interpersonal skills, capable of working collaboratively in a dynamic team environment.
  • Initiative and independence in managing multiple priorities under tight deadline
  • Experience with UR accounting proccedures and policies (preferred)
  • Must obtain CLASP certification within one year of employment (preferred).

The University of Rochester is committed to fostering, cultivating, and preserving a culture of equity, diversity, and inclusion to advance the University's mission to Learn, Discover, Heal, Create - and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion/creed, sex, sexual orientation, citizenship status, or any other status protected by law. This commitment extends to the administration of our policies, admissions, employment, access, and recruitment of candidates from underrepresented populations, veterans, and persons with disabilities consistent with these values and government contractor Affirmative Action obligations.

How To Apply

All applicants must apply online.

EOE Minorities/Females/Protected Veterans/Disabled

Pay Range

Pay Range: $24.40 - $34.16 Hourly

The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined byconsidering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Hospital

SALARY

$64k-78k (estimate)

POST DATE

06/23/2024

EXPIRATION DATE

08/22/2024

WEBSITE

rochester.edu

HEADQUARTERS

ROCHESTER, NY

SIZE

1,000 - 3,000

FOUNDED

1850

TYPE

Private

REVENUE

$200M - $500M

INDUSTRY

Hospital

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About University of Rochester

University of Rochester is an educational institution that offers undergraduate, postgraduate and doctoral degree programs.

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The following is the career advancement route for Financial Analyst I positions, which can be used as a reference in future career path planning. As a Financial Analyst I, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst I. You can explore the career advancement for a Financial Analyst I below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

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To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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