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Title: Financial Administrator

Org Unit: Pulmonary Medicine and Critical Care

Work Days:

Weekly Hours: 35.00

Exemption Status: Exempt

Salary Range: $115,800.00 - $130,550.00

*As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC Offices

Position Summary

Under guidance, the Financial Administrator is responsible for managing the financial affairs of the department.

Job Responsibilities

+ Oversees and/or approves procurement and disbursement/reimbursement activities. Ensures proper internal controls are in place around financial transactions. Resolves any financial issues as needed.

+ Implements financial policies, guidelines and operating procedures to ensure the continued fiscal integrity of the department.

+ Establishes operational benchmarks, metrics and productivity standards to streamline workflows and and identify improvement opportunities.

+ Ensures compliance with regulatory audits/inspections and/or internal reviews. Develops and recommends corrective action plans to address deficiencies identified. May serve as liaison to audit team(s) during on-site visits.

+ Creates and maintains operating budgets.

+ Prepares the annual budget submission and projections. Coordinates activities for the process of budgetary analysis and development.

+ Assists with the development of business plans. Monitors financial outcomes of approved business plans and makes recommendations for business plan revision to align income and expenses. Prepares financial documents in support of recommendations.

+ Prepares and interprets revenue and cost analyses of programs and activities.

+ Reviews and analyzes accounting and management reports to monitor variances from approved budget. Escalates review of unfavorable variances and recommends solutions. Implements and follows up on corrective action plans.

+ Reports on and analyzes equipment inventory, lease agreements and proposals, and space utilization.

+ As needed, processes financial transactions; serves as primary approver for payment requisitions, Shopping Cart approvals, change of funding, travel and business expenses, fund number creation, journal vouchers and PCard allocations.

Education

+ Bachelor's Degree

Experience

Approximately 7 years of progressively responsible experience in financial management, preferably in an academic healthcare or research setting or 5 years’ experience, plus advanced degree in the finance field.

Demonstrated experience with budget and strategic financial planning.

Knowledge, Skills and Abilities

+ Demonstrated experience with budget and strategic financial planning.

+ Demonstrated experience with enterprise financial systems, database management and spreadsheet applications.

Licenses and Certifications

Working Conditions/Physical Demands

Standard office work

Cornell welcomes students, faculty, and staff with diverse backgrounds from across the globe to pursue world-class education and career opportunities, to further the founding principle of “any person, any study.” No person shall be denied employment on the basis of any legally protected status or subjected to prohibited discrimination involving, but not limited to, such factors as race, ethnic or national origin, citizenship and immigration status, color, sex, pregnancy or pregnancy-related conditions, age, creed, religion, actual or perceived disability (including persons associated with such a person), arrest and/or conviction record, military or veteran status, sexual orientation, gender expression and/or identity, an individual’s genetic information, domestic violence victim status, familial status, marital status, or any other characteristic protected by applicable federal, state, or local law.

Cornell University embraces diversity in its workforce and seeks job candidates who will contribute to a climate that supports students, faculty, and staff of all identities and backgrounds. We hire based on merit, and encourage people from historically underrepresented and/or marginalized identities to apply. Consistent with federal law, Cornell engages in affirmative action in employment for qualified protected veterans as defined in the Vietnam Era Veterans’ Readjustment Assistance Act (VEVRRA) and qualified individuals with disabilities under Section 503 of the Rehabilitation Act. We also recognize a lawful preference in employment practices for Native Americans living on or near Indian reservations in accordance with applicable law.