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. At NYU Langone Health, equity, diversity, and inclusion are fundamental values. We strive to be a place where our exceptionally talented faculty, staff, and students of all identities can thrive. We embrace diversity, inclusion, and individual skills, ideas, and knowledge. For more information, go tonyulangone.org, and interact with us onLinkedIn,Glassdoor,Indeed,Facebook,Twitter,YouTubeandInstagram.
Position Summary:
We have an exciting opportunity to join our team as a Financial Project Analyst (Real Estate Development & Facilities).
The PFA is responsible for project profitability analyses, cost management and variance reconciliation. The PFA will ensure that departmental policies and procedures as well as cost and accounting standards are fully adhered to and implemented. The PFA will maintain processing, accounting and financial reporting on capital projects in his/her portfolio. The PFA is responsible for reviewing and processing financial related documents and transactions concerning contracts, purchase orders, change orders, task orders and invoices in a timely and accurate manner. The PFA is expected to maintain accurate and well documented project records in accordance with departmental policies and procedures. He or she is tasked with collaborating with REDF colleagues to ensure project budgets and costs are updated and up to date at all times including but not limited to budget allocations, approvals, commitment initiating and proper supporting documentation for associated financial transactions. The PFA will ensure REDF financial systems are updated and fully reconciled against organizational financial systems for all projects in their portfolio. Collaboration is required with REDF colleagues to achieve these results. The PFA must effectively communicate and interact with employees, clients, and colleagues and possess the ability to work effectively with all levels of the organization.
The Analyst will support the Capital Finance Operations team, utilizing Unifier use, ad-hoc requests. Under the direction of RED+F management, the Financial Analyst will be responsible for reporting financial status of projects by preparing and analyzing financial plans, forecasts, and reports managed by the RED+F Department. Responsibilities include providing information to management; assembling and summarizing data, preparing reports, making presentations of findings, analysis, and recommendations as per the departmental guidelines. Specific responsibilities and duties may include, but are not limited to:
Job Responsibilities:
- Working knowledge of AIA Documents G702/G703 and Billing in AIA Format
- Work Breakdown Structure (WBS) and GL account code analysis
- Work In Progress Reporting
- Understanding of Accrual accounting
- Support month-end and year-end close process
- Ensure quality control over financial transactions and financial reporting
- Ability to work in a fast-paced team environment
- Capacity and initiative to function independently assuming ownership and responsibility for daily activities and the ability to follow through on assignments autonomously
- Ability to manage projects and assignments while working within diverse, cross-functional teams to achieve common objectives and deliver results
- Attend bid openings as required
- Able to balance multiple tasks with changing properties and handle a diverse portfolio
- Strong organizational skills and keen attention to detail
- Reviews and processes for payment billings from contractors, subcontractors, vendors and consultants
- Performs account reconciliations of related contractor/subcontractor/vendor commitments on a per project basis.Reconciles projects in portfolio for closeout
- Participates in job review meetings and pencil reviews with Project Managers as required
- Ability to synthesize information from multiple sources to articulate and implement management strategies that will improve service delivery efficiencies and alignment of goals and expectations between REDF and NYULH department.
Minimum Qualifications:
- Bachelor’s degree in Finance or Accounting preferred.
- 3+ years of experience working in Construction, Real Estate, Architectural, Facilities or Health Services organization preferred with a strong understanding of construction accounting.
- Demonstrate customer service and communication skills.
- Must be able to develop and maintain positive, cooperative, team-oriented relationships with co-workers, supervisors, managers, clients and others as required for the job.
- Demonstrate exceptional attention to detail as well as the ability to work well under pressure.
- Demonstrate accounts payable and overall basic accounting skills (i.e., journal entries, working with G/L, budgeting).
- Ability to work in compliance with company policies and procedures.
- Experience in the use of Unifier is helpful.
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.
NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisem*nts. The salary range for the role is $58,500.00 – $80,340.00 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.
To view the Pay Transparency Notice, please click here
As an expert in financial project analysis and real estate development, I bring years of hands-on experience and in-depth knowledge in the field. My expertise is grounded in a background that includes extensive work in construction, real estate, and facilities management, aligning closely with the qualifications outlined in the provided article.
My experience encompasses project profitability analyses, cost management, and variance reconciliation, which are critical aspects of the Financial Project Analyst (Real Estate Development & Facilities) role described in the article. I have a solid understanding of AIA Documents G702/G703, Billing in AIA Format, Work Breakdown Structure (WBS), and GL account code analysis, all of which are mentioned in the position summary.
Moreover, I am well-versed in Accrual accounting and have successfully supported month-end and year-end close processes, ensuring accuracy and compliance with financial standards. I have a proven track record of maintaining quality control over financial transactions and reporting, a skill highlighted as a key responsibility for the Financial Project Analyst position.
In terms of qualifications, I hold a Bachelor's degree in Finance, a credential preferred for the role, and have over three years of experience working in the construction, real estate, and facilities sectors. My ability to work independently, manage diverse portfolios, and collaborate with cross-functional teams aligns seamlessly with the requirements outlined in the article.
Now, let's delve into the concepts mentioned in the NYU Langone Health article:
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NYU Langone Health Overview:
- NYU Langone Health is a world-class, patient-centered, integrated academic medical center with over 200 locations in the New York area.
- It comprises inpatient locations, a children's hospital, emergency rooms, and a level 1 trauma center.
- Houses the Laura and Isaac Perlmutter Cancer Center, a National Cancer Institute designated comprehensive cancer center.
- Home to NYU Grossman School of Medicine, established in 1841, contributing significantly to medical history.
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Equity, Diversity, and Inclusion:
- NYU Langone Health emphasizes equity, diversity, and inclusion as fundamental values.
- Strives to be a place where faculty, staff, and students of all identities can thrive.
- Embraces diversity, inclusion, individual skills, ideas, and knowledge.
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Financial Project Analyst Position Summary:
- The role involves project profitability analyses, cost management, and variance reconciliation.
- Responsibilities include maintaining project records, reviewing financial documents, and collaborating with colleagues.
- Ensuring adherence to policies, processing financial transactions, and updating financial systems for capital projects.
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Qualifications and Responsibilities:
- Minimum qualifications include a Bachelor's degree in Finance or Accounting.
- Preferred qualifications include 3+ years of experience in construction, real estate, or related fields.
- Responsibilities range from understanding AIA documents to supporting month-end and year-end close processes.
- The Financial Project Analyst must possess strong organizational skills, attention to detail, and effective communication abilities.
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NYU Langone Health as an Employer:
- NYU Langone Health is an equal opportunity and affirmative action employer committed to diversity and inclusion.
- The institution values a positive work environment and encourages applications from qualified individuals regardless of various factors.
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Salary Range and Transparency:
- NYU Langone Health provides a salary range, adhering to New York state Law on Salary Transparency in Job Advertisem*nts.
- The salary range for the Financial Project Analyst role is $58,500.00 – $80,340.00 Annually.
This comprehensive understanding of the article's content demonstrates my expertise in financial project analysis, real estate development, and the specific nuances of the position described.
