Job details
- Location
- Rochester, NY
- Work type
- Onsite
- Compensation
- $52,291 - $73,299/yr
- Visa
- Sponsorship available
- Posted
- 1 week ago
- Apply on
- rochester.wd5.myworkdayjobs.com
About this role
The University of Rochester is hiring a Financial Analyst I to support Eastman Institute for Oral Health departmental operations and sponsored programs. The role analyzes financial activity, monitors budgets and grant expenditures, prepares reconciliations and reports, and recommends corrective actions and process improvements.
What you'll do:
- Provides financial analysis and reporting to support the Eastman Institute for Oral Health (EIOH), including departmental operations and sponsored programs. Analyzes financial activity, monitors budgets and grant expenditures, develops expenditure projections, and explains variances to support financial planning and management decisions. Ensures the accuracy and completeness of financial data, identifies financial risks and discrepancies, and recommends corrective actions and process improvements using University Workday financial and grant accounting systems and the Dental Information System
- Prepares journal entries to accurately record financial transactions and produces financial statements in established formats. Investigates discrepancies, takes corrective action as needed, and recommends improvements to accounting policies and procedures
- Monitors award expenditures, remaining balances, and award periods; projects spending and identifies potential overages or unspent funds. Tracks grant invoices and payments, resolves outstanding balances, and partners with grant administrators and University offices on timely account closeout, including review of final charges and commitments
- Analyzes and reconciles departmental accounts and sponsored program ledgers to verify accurate and complete financial data. Investigates missing or incorrect charges, coordinates corrections, and reviews monthly transactions and supporting documentation for consistency with University policies and award requirements; obtains missing documentation and resolves outstanding items
- Monitors and reconciles daily EIOH cash, check, and credit card activity and coordinates departmental deposits. Compares Dental Information System activity with collections, analyzes trends, and resolves discrepancies with departments. Reviews monthly refund and billing samples, identifies recurring errors or control weaknesses, and reports findings and recommended improvements to the Sr. Accounting Manager
- Communicates financial findings, risks, and recommendations to the Sr. Accounting Manager, departmental staff, and grant administrators. Responds to financial inquiries and recommends improvements to reporting, reconciliation, budget monitoring, and documentation practices. Handles confidential financial information professionally
- Other Duties as assigned
What they're looking for:
- Bachelor's degree in finance functional area and less than 1 year of related experience required
- Or equivalent combination of education and experience
- Attention to detail, ability to communicate effectively, self-starter, ability to work independently required
- 1 year professional financial analysis or accounting experience preferred
- Knowledge of financial reporting, budgeting, account reconciliation, and basic accounting principles; familiarity with sponsored program financial administration preferred
- Strong analytical and organizational skills, attention to detail, and the ability to interpret financial data, investigate discrepancies, and communicate findings and recommendations preferred
- Microsoft Excel skills, including spreadsheet analysis, formulas, and preparation of financial reports; proficiency with Microsoft Word preferred
- Familiarity with University Workday financial and grant accounting systems and the Dental Information System preferred
- Strong interpersonal and customer service skills, sound judgment when handling confidential information, and the ability to learn new systems and adapt to changing priorities preferred
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