Financial Analyst 2

New Haven, New Haven County
Jan 24, 2014
Jobs Outside Higher Education
Businesses & Consultants
STARS Requisition number 24056BR

Department Yale HEALTH

University Job Title Financial Analyst 2

Bargaining Unit None

Job Category Managerial & Professional

Type of Employment Full Time

Duration Type Regular

Salary Grade 24

Work Location Central Campus

Worksite Address 55 Lock

Work Week Standard (M-F equal number of hours per day)

Total # of hours to be worked: 37.5

Position Focus: Under the direction of the Assistant Director of Finance, with latitude for exercising independent judgment, provide high level of comprehensive support to carry out financial and operational duties to support the overall goals of Yale Health.

Department URL Address: Click here for more information

Principal Responsibilities
1. Financial Modeling and Forecasting.
Provides technical analysis to determine present and future financial performance. Organizes information from a variety of sources for use in analyzing future plans and forecasts. Collaborates with all levels of management, both internally and externally, to gather, analyze, summarize, prepare, and present recommendations regarding financial plans and other complex financial matters. Researches and evaluates information to resolve issues and makes recommendations. Develops and/or executes complex financial models.
2. Financial Analysis and Reporting.
Analyzes and synthesizes information and designs and creates accurate and timely reports. Designs financial reporting to meet the compliance needs of internal and external users. Extracts and consolidates data from multiple sources.
3. Financial Methods and Systems.
Contributes to the planning and improvement of practices, processes and systems. Collaborates with all levels of internal and external contacts to carry out department goals. Provides a high level of service that cultivates and maintains strong working relationships and communicates effectively; takes ownership and accountability for timeliness, accuracy and relationship management.
4. Strategic Resource.
Translates department finance goals into objectives. Identifies and raises potential financial opportunities, issues, risks, ideas and solutions. Identifies the appropriate stakeholders to include in consultations, communications, approvals or buy-ins for designing and implementing changes.
5. Compliance and Risk Management.
Establishes, implements and/or maintains strong internal controls in areas of assigned responsibility to provide reasonable assurance of effective and appropriate resource use, accurate financial information, and adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements.
6. Mentors, leads and/or supervises staff.
7. May perform other duties as assigned.

Required Education and Experience
Bachelor's degree in Accounting, Business, Economics or Finance and four years of related experience or an equivalent combination of education and experience. Demonstrated application of financial, accounting and economic concepts.

Required Skill/Ability 1: Review and analyze operating budgets and long-term plans for several departments to ensure integrity of information including the financial relationship with other departments. Question assumptions, identify related needs to accomplish goals.

Required Skill/Ability 2: Make recommendations to departments and the Assistant Director for changes and clarification to annual budgets and long-term plans. Ensure consistency with institutional objectives, guidelines and funding decisions.

Required Skill/Ability 3: Monitor performance against the Yale Health operating budget and inform Assistant Director of financial risks identified. Identify areas of excessive spending or under-utilization. Provide alternatives for cost control. Participate in annual closeout and monthly monitoring process.

Required Skill/Ability 4: Experience supervising staff, ideally in a union environment; Well developed analytical and problem-solving skills.

Required Skill/Ability 5: Fundamental knowledge of financial and economic concepts, modeling, analysis, budgeting and planning principles and processes.

Preferred Education, Experience and Skills: Thorough working knowledge of departmental financial reporting and analysis, experience with Oracle applications and reporting tools, knowledge of Yale University business, accounting and financial policies and systems.

Weekend Hours Required? Occasional

Evening Hours Required? Occasional

Drug Screen No

Health Screening No

Background Check Requirements All external candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle and credit checks based on the position description and job requirements. Internal candidates may be subject to a motor vehicle or credit check for this position based on the position description and job requirements. All offers are contingent on successful completion of the required background check. Please visit for additional information on the background check requirements and process.

Posting Disclaimer The intent of this job description is to provide a representative summary of the essential functions that will be required of the position and should not be construed as a declaration of specific duties and responsibilities of the particular position. Employees will be assigned specific job-related duties through their hiring departments.

Yale University is an affirmative action/equal opportunity employer. Yale values diversity in its faculty, staff, and students and strongly encourages applications from women and members of underrepresented minority groups.