Position Summary: We have an exciting opportunity to join our team as a Financial Proj Analyst (REDF).
In this role, the successful candidate will provide overall financial support for RED+F, including, but not limited to budgeting, invoice processing, status updates of purchase orders, financial analysis, reporting and research. Must have a clear understanding of accounting and finance, procurement, and accounts payable. Knowledge of the construction financial process is critical. Experience with private financing and/or state agencies is a big plus. Must be able to communicate with senior staff and project managers; and at the same time, flexible enough to be extremely hands on with administrative tasks. Must be self-motivated, and excel at working independently and as a team player. Primary responsibilities: - Financial tracking, monitoring and reporting of capital projects - Budget monitoring and reporting for project portfolio - Review, analyze and process applications for payment - Review all financial documents related to project portfolio and ensure compliance with institutional and industry standards, guidelines, policies and procedures - Perform all related accounting and accounts payable functions related to the project portfolio - Liaison with internal Project Management Staff, vendors and external organizations related to project portfolio
Full understanding of the components of a Development project i.e. Construction costs & Consultant costs.
Confirm all invoices and processes are in compliance with contracts and NYU procedures. Comprehensive review of CM Requisiton including Base contract values, approved change orders, Lien Waivers, General Conditions, Fees, etc. Take co-lead with Project Manager in Pencil Copy Req reviews with Construction Manager/General Contractor.
Prepare budget modifications (transfers) where needed Full understanding of an Anticipated Cost Report. Prepping and working with Projects Managers to produce final product including variances, change in period and required back-up.
Review Vendor Accounts Receivable reports and reconcile Liason to Accounts Payable. Research and follow up on any A/P issues. Manage contract administration process. Confirm Requisiton for Purchase Order and Change Order back up is in compliance with NYU policies, proper back-up attached, correct G/L code is used. Preparing allocation entries i.e Allocating Insurance Fees and Project Management Fees across projects Analyze and prepare Journal Entries where needed
Guide Project Managers on proper procedures and protocol for reviewing CM Requisitons and Vendor Invoices. Set up monthly calendar of events of due dates i.e. Pencil Req submission, Pencil Req review, Final Req due, cash flows, monthly reports, invoice due dates for vendors, etc.
Prepare cash flows and forecasting when necessary Follow up monthly on audits and responses Prepare financial monthly or quarterly reports from Systems downloads as required
Assist in Project Close out
Prepare ad hoc reports as needed Maintain hard and electronic files
Minimum Qualifications: To qualify you must have a Key Competencies Strong analytical and mathematical skills Financial analysis and reporting skills Organizational skills and Exceptional attention to detail Ability to work well under pressure Accounts payable and overall accounting skills (i.e., journal entries, working with G/L, budgeting) Advanced MS Excel skills, Proficiency in MS Word, PowerPoint Strong customer service and communication skills Demonstrated high level of drive and initiative to complete assigned tasks Investigate and seek out improvement opportunities
Preferred Qualifications: BA or BS in Accounting, Finance, Economics or Business; MBA preferred 5+ years financial experience in construction industry Solid understanding of project financial statements and be able to create concise reports based upon specifications requested by management Must have a clear understanding of project accounting and finance, construction procurement, construction accounts payable, insurance Experience with private financing and/or state agencies is plus.
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 Medical Center, a world-class patient-centered integrated academic medical center, is one of the nation's premier centers for excellence in clinical care, biomedical research, and medical education. Located in the heart of Manhattan, NYU Langone is composed of four hospitals – Tisch Hospital, its flagship acute care facility; Rusk Rehabilitation; the Hospital for Joint Diseases, one of... only five hospitals in the nation dedicated to orthopaedics and rheumatology; and Hassenfeld Children's Hospital, a comprehensive pediatric hospital supporting a full array of children's health services across the medical center – plus the NYU School of Medicine, which since 1841 has trained thousands of physicians and scientists who have helped to shape the course of medical history. The medical center's tri-fold mission to serve, teach, and discover is achieved 365 days a year through the seamless integration of a culture devoted to excellence in patient care, education and research. For more information, go to www.NYULMC.org.