Financial Analyst, Junior

Overview

Financial Analyst, Junior - Stony Brook CPMP Finance

Location: Stony Brook, NY

At the manager’s discretion, this role may be eligible for remote work; this position is only available to New York State Residents. 

Schedule: 

Days/Hours: Monday - Friday; 7:30 AM - 4 PM  

Salary Range: $65,000 - $75,000 (pay will be determined based on experience, preferred qualifications, and education)

Our compensation philosophy aims to provide marketable compensation programs and to compensate employees based on relevant experience and education. Individual compensation discussions begin during the hiring process and may occur during job review and promotional opportunities. Salaries vary depending on experience, education and current market for the position. Human Resources determines the external and internal equitable salary for each employee.  

The above salary range (or hiring range) represents Stony Brook CPMP’s good faith and reasonable estimate of the range of possible compensation at the time of posting

Responsibilities

SUMMARY: Under the guidance of the Financial Planning & Analysis (FP&A) Manger, the Financial Analyst I is responsible for supporting the preparation of the annual budget, developing financial analytics and dashboards, streamlining and implementing process improvements for the Accounting Department, and documenting and communicating financial procedures and policies.

 

Job Duties & Essential Functions:

Budget & Financial Analysis:

• Assist in the development and consolidation of the organization’s $700 million annual budget, inclusive of 17 clinical practices and 14 administrative departments.
• In alignment with the department goals under the direction of the Manager, communicate and collaborate with clinical department administrators, central administration and other leaders within the organization to ensure timely, cohesive preparation and submission of budgets, forecasts and YTD variance explanations.
• Review proposed departmental budget submissions for accuracy and completeness within policies.
• Assist with consolidating budget submissions and produce high level budget analytics
• Under the guidance of the FP&A Manager, monitor and provide detailed analysis and explanation for discrepancies against budgets and forecasts with routine frequency.
• Support the development and maintenance of financial databases for actual, budget and forecast data. Assist in the creation of additional database sources as identified.
• Support the creation of analysis and reporting of vendor data, including detailed spend analysis.
• Under the guidance of the FP&A Manager, support the creation of budget analysis and key financial metric reports and dashboards using BI software.
• Support the reporting of operational metrics to support the finance team.

Other:

• Support review of financial policies and procedures.
• Assist with maintenance of CPMP Finance internal website
• All other projects as identified.

Qualifications

Required Qualifications:

• Bachelor’s degree with a major in accounting, finance or other related field plus one or more years of experience in a financial role.
• Intermediate Microsoft Excel skills.
• Excellent verbal and written communication skills.

 

Preferred Qualifications:

Accounting experience in an academic healthcare organization, Knowledge of a business intelligence system, Microsoft Access, prior budgeting experience, prior payroll experience, prior automated accounts payable software experience

 

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to communicate with patients, staff and medical providers. The employee must be able to exchange accurate information in these situations. This position is largely sedentary and requires the employee to remain stationary for a majority of the day. Any additional physical demands will be outlined and provided by management. 

 

The responsibilities and tasks outlined in this job description are not exhaustive and may change as determined by the needs of CPMP. 

 

StaffCo is a Professional Employer Organization, commonly referred to as a PEO, duly organized and registered under the New York Professional Employer