Sr Financial Analyst-Capital Accounting
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- 1096943_RR00063688
- Finance/Accounting/Billing, FIN-Ops-Capital Plan&Bud (C996), NYU Langone Health
- Full-Time/Regular
- NYU Langone Health
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- Mon-Fri 9am-5pm
ABOUT NYU LANGONE HEALTH
NYU Langone Health is a world-class, patient-centered, integrated academic medical center. Ranked as the #1 Hospital in New York and the #3 Hospital in the nation by U.S. News & World Report, NYU Langone’s culture is rooted in excellence in patient care, education, and research. NYU Langone comprises more than 300 locations throughout the New York area, including six inpatient locations, a children’s hospital, three emergency rooms and a level 1 trauma center. Also part of NYU Langone Health is the Laura and Isaac Perlmutter Cancer Center, a National Cancer Institute designated comprehensive cancer center, and NYU Grossman School of Medicine, which since 1841 has trained thousands of physicians and scientists who have helped to shape the course of medical history. For more information, go to nyulangone.org, and interact with us on LinkedIn, Glassdoor, Indeed, Facebook, Twitter, YouTube, and Instagram.
Working at NYU Langone Health
At NYU Langone Health, there are numerous areas for you as a leadership professional to make an impact on our organization. As one of the nation’s leading medical centers, we need bright, innovative people to step up and take charge of the many initiatives currently taking place here. From our brand new 830,000-square-foot Helen L. and Martin S. Kimmel Pavilion to our new 16 story Science Building, NYU Langone Health is ripe with career-opportunities that are sure to transform the way we think about medical care.
COVID-19 Vaccine Requirement:
To protect the safety of our patients, staff, and the community at large effective August 16, 2021 NYU Langone Health requires COVID-19 vaccination of all faculty, staff, voluntary attending physicians, Howard Hughes Medical Institute employees, non-compensated faculty, students, clinical or academic observers, and volunteers, unless granted an approved exemption (in New York State, only medical exemptions shall be considered).
Salaries shown on independent jobs related websites reflect market averages and do not represent information obtained directly from NYU Langone. We invite and encourage each candidate to discuss salary/hourly specifics during the application and hiring process.
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Job Details
Position Summary:
We have an exciting opportunity to join our team as a Sr. Financial Analyst-Capital Accounting.
In this role, the successful candidate as the Senior Financial Analyst will support various Capital Accounting General Ledger activities for NYU Langone Health, including annual audit reporting, annual budgeting process, monthly reporting, and analysis and forecasting. The Senior Financial Analyst is expected to add value by creating executive quality management presentations, dashboards & metrics, identifying and driving business analysis, providing decision support analysis to be used by management to facilitate informed decisions, and to generate valuable insights and transparency around all areas of the business. The Senior Financial Analyst will also build and enhance processes and controls across finance and related accounting supporting systems. In addition, the Senior Financial Analyst will be responsible for ensuring the accuracy of financial results and consistency with corporate and business unit accounting policies and procedures, and identifying and communicating risks and opportunities. This position will report into the Assistant Director of Finance (Capital Accounting and Asset Management).
Job Responsibilities
Job Responsibilities:
Month End Accounting Activities
- Perform financial statement month-end close activities, including preparation of various financial statement general ledger journal entries based on analysis of data.
- Ensures all reported expenditures comply with NYULHC capitalization and GAAP policies.
- Prepare monthly reconciliation of assigned general ledger accounts with supporting documents; investigate and resolve variances.
- Prepares special financial reports by collecting, analyzing and summarizing account information.
- Coordinate with other departments to analyze and journalize monthly capital accruals and retainage.
- Synthesize, review and re-class all non-capital expenditure that do not meet the criteria NYULH’s capitalization policy.
Creation and Interface of Assets
- Analyze, reconcile and unitize Capital assets across PeopleSoft System Modules.
- Execute and Analyze interfaces of Monthly Capital expenses from PeopleSoft Project Costing to PeopleSoft Asset Management.
- Execute PeopleSoft Asset Management processes to generate and post Capital Accounting Entries to PeopleSoft General Ledger.
- Maintain the Fixed Asset Ledger to reflect asset additions, disposals, transfers and Depreciation.
- Reconcile PeopleSoft Asset Management with the General Ledger and make all necessary adjustments.
- Communicate clearly and concisely with Departments/Project owners in a timely manner to determine the depreciation status of new Capital Projects and reflect all changes in PeopleSoft Asset Management to calculate monthly Depreciation expense.
- Prepare and upload CI (Component Interface to excel) to make various adjustments in Fixed Asset Ledger.
General Ledger/Monthly Reconciliations
- Prepare and maintain Property, Plant and Equipment roll forward reconciliation and narrative.
- Prepare and maintain sub-entity roll forward to year-end cost report.
- Prepare and maintain monthly depreciation expense roll forward and executive summary.
- Prepare and share quarterly review of Capital projects (Construction in progress) spend versus the budget to assist project managers in deciding Project Depreciation Status.
- Analyze and prepare Capitalized Software and Hardware reconciliation.
- Develop and maintain processes to support reconciliation between the PeopleSoft Asset Management and General Ledger.
Financial Statement Year End Activities
- Assist in budgeting and forecasting of Balance Sheet driven P&L accounts such as depreciation expense
- Provide support during year-end audit in preparing Financial Reporting Package and notes.
- Support with year-end audit inquires.
- Perform other duties as required and assigned based on emergent department needs
- Perform a leadership role with the research and resolution of equipment asset tagging issues, questions and concern
- Effectively execute and analyze PeopleSoft queries from the Fixed Asset ledger to analyze and compile a list of newly acquired Capital equipment.
- Lead and Coordinate with departments to track and apply asset tags on newly purchased Capital equipment; as well as existing Capital equipment.
- Process asset retirements/disposals and PeopleSoft Asset Management and reconcile them to general ledger. Additionally, maintain a retirement/reinstatement roll forward.
Technical Skills
- Intermediate Microsoft Excel Skills
- Data entry, Data cleaning using filters, color coding, freeze pane, import data
- Basic formulas like if statements, nested if statements, String functions, arithmetic, and basic stats functions
- V/H lookup and index matching functions.
- Pivot table skills. This part of excel has a ton of potential.
- Managing multiple spreadsheets.
Emergent Needs
- Perform other duties, as required and assigned based on emergent department needs.
Soft Skills
Organization/Time Management
Orchestrate multiple activities to accomplish goals. Use resources effectively and efficiently. Be able to set priorities. Demonstrate your ability to: initiate and organize their own work. Initiate and organize their own learning by actively seeking feedback, then adapting behavior. This role is based on data driven decisions. One should know the vision, know the goal you’re working towards, collect data, organize data, perform all necessary analysis then finally draw conclusion. Make decision in a timely manner under tight deadlines and pressure. All assigned projects and responsibilities should be thought out and planned for. Be able to assess time required for completion.
Critical/Creative Thinking
Ability to parse through information, data, modules and other details to identify issues or results. Easily consume and retain knowledge transfers from training sessions. Demonstrates creative thinking for developing solutions. Be flexible and adaptable to changes. Be able to work independently, demonstrate this by taking initiatives and making conclusions with confidence. Should be able to comfortably transition between situations by maintaining composure.
Communication
All challenges and issues should be escalated to direct supervisor. Ability to self-manage scenarios like miscommunication, frustration and negative feedback. Cooperate and communicate effectively and harmoniously. Ask clarifying questions.
Demonstrates respect and integrity. Facilitates a team atmosphere within Finance and respective departments. Learn from feedback and bring forth the focus and commitment to make necessary changes to meet goals. Respects and maintains confidentiality of all financial information within NYULH.
Qualifications
Minimum Qualifications:
Have a Bachelor’s degree in accounting and knowledge of general accepting accounting principles;
- A minimum of three to five (3-5) years of accounting experience. Must have a sound understanding of accounting and/or finance and a general understanding of the healthcare and/or higher-ed industry in order to effectively carry out the responsibilities of the position.
- Working knowledge of general ledger, journal entries, accounts payable, accounts receivable, and month end.
- Excellent analytical skills combined with a strong attention to detail and the ability to present complex information in a usable format to a diverse audience.
- Ability to interpret and apply finance and accounting policies, practices, and systems.
- Ability to multi-task and work independently in a fast-paced, dynamic environment.
- Strong planning, organization, customer service, and written/verbal communication skills.
- Proficiency in establishing and maintaining effective working relationships with demonstrated ability to work with cross-functional teams.
- Strong work ethic, with ability to work extended hours as required.
- Must become and remain proficient in all programs necessary to perform the duties and responsibilities for this role including an advanced understanding of Excel with functionality such as pivot table and v-lookup and Microsoft Word.
Preferred Qualifications:
- CPA license or working towards a CPA and public accounting background is preferred.
- Not-for-profit, healthcare or higher-ed industry experience is preferred.
- Proficient computer skills to support the General Accounting Department of NYU
- Langone Health Systems.
Qualified candidates must be able to effectively communicate with all levels of the organization.
NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you’ll feel good about devoting your time and your talents.
NYU Langone Health is an equal opportunity and affirmative action employer committed to diversity and inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration without regard to race, color, gender, gender identity or expression, sex, sexual orientation, transgender status, gender dysphoria, national origin, age, religion, disability, military and veteran status, marital or parental status, citizenship status, genetic information or any other factor which cannot lawfully be used as a basis for an employment decision. We require applications to be completed online.
If you wish to view NYU Langone Health’s EEO policies, please click here. Please click here to view the Federal “EEO is the law” poster or visit https://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm for more information. To view the Pay Transparency Notice, please click here.
NYU Langone Health provides a salary range to comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $73,770.80 – $88,400 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.
Organization
NYU Langone Health is a world-class, patient-centered, integrated academic medical center, known for its excellence in clinical care, research, and education. It comprises more than 200 locations throughout the New York area, including five inpatient locations, a children’s hospital, three emergency rooms and a level 1 trauma center. Also part of NYU Langone Health is the Laura and Isaac Perlmutter Cancer Center, a National Cancer Institute designated comprehensive cancer center, and NYU Grossman School of Medicine, which since 1841 has trained thousands of physicians and scientists who have helped to shape the course of medical history. For more information, go to nyulangone.org, and interact with us on LinkedIn, Glassdoor, Indeed, Facebook, Twitter, YouTube and Instagram.
How Our Employees Grow
Yannique S.
Credentials Associate
“My daughter was born at NYU Langone Health where we received exceptional care. That was when building a career at NYU Langone became a goal of mine. I wanted to be just like the individuals who surrounded us in our time of need, and I knew I wanted to make a positive impact. Today, I get to do just that as a member of the Medical Staff Services Department. The work I perform each day is crucial in maintaining high standards of patient care and safety within our organization.”
Eileen P.
Director, Revenue Cycle Initiatives
“I chose NYU Langone Health because I wanted to be a part of a world-class health system. I feel a sense of pride working here and feel supported in a truly cohesive and diverse working environment. I have taken a number of career development courses related to leadership. The expansion in training and development curriculums over the years has really been impressive and it’s a testament to how much NYU Langone wants to invest in and develop their in-house talent!”
TCHAD L.
Director – Development
“From the onset of my tenure with NYU Langone Health, I’ve worked amongst the Institution’s brightest stakeholders. Being exposed to their professional paths has motivated me to build a career here. In the past two years, I’ve had the opportunity to attend seminars within my field and learn from leaders in the industry. In addition, I’ve been able to further develop my skillset by taking advantage of the courses offered through the FOCUS platform.”
Adair L.
Associate Director, Development Administration
“NYU Langone Health is not only my employer, it’s also a community that I am very proud to be a part of.”
TANISHA D.
Program Coordinator
“I saw that there were many opportunities to grow within the organization and used the tuition remission offering at NYU Langone Health to obtain my master’s degree. NYU Langone celebrates their employees and genuinely wants to hire from within, so take advantage of the resources available to you and speak to members of the Talent Acquisition Team, who are helpful.”
Doris V.
Revenue Cycle Manager – Pediatrics Department
“It’s not just that NYU Langone Health cares about their employees – it’s the fact that we are family. I quickly learned that in order to grow and to be successful you need to collaborate with others, work hard and deliver excellence.”
Magdalena A.
Clinical Charge Auditor – Revenue Management
“NYU Langone Health has provided me with opportunities for a wonderful and successful career, as well as multiple possibilities to advance on my career path.”
Stephanie B.
Talent Acquisition Specialist
“NYU Langone Health has inspired me to do more, be more and learn more by showing me that hard work and dedication pay off.”