CUNY Financial Analyst (Finance Coordinator) in New York, New York
Job Title: Financial Analyst (Finance Coordinator)
Job ID: 22895
Location: Central Office
Full/Part Time: Full-Time
The Treasury Management Office is responsible for managing the University's cash flow. It includes Cash Management, Investment Services, Bursar and Student Financial Aid (SFA) Disbursements. Cash Management includes maintaining and managing banking relationships, issuing guidance on cash and banking matters; developing cash flow forecasts; managing the centralized collection of tuition and fees; and prudently investing the University's working capital. Investment Service includes management of the University's Investment Pool, ongoing due diligence of existing and prospective managers, administration, accounting and client service for the pool participants.
This position reports to the Associate Director of Cash Management within the Treasury Management Office. The Financial Analyst performs financial and investment analysis work to support the prudent management of Cash and Investment. In addition to the CUNY Title Overview, other duties and responsibilities include, but will not be limited to the following:
Review and update daily bank and investment activities;
Review and identify cash receipts and disbursement variances, process cash transfer request to the colleges, and participant withdrawal request;
Process Federal drawdown in G5 system based on request from SFA Operations;
Review the weekly pay cycle request from SFA Operations against cash balance available at the bank;
Perform record keeping and administrative functions for the participants of the CUNY Investment Pool;
Review and maintain financial/investment schedules, and conduct financial analysis to ensure completeness and accuracy;
Review and reconcile monthly and quarterly investment performance reports; support in the development and implementation of spending policy, including all related analysis, reporting and communications, and prepare various financial and management reports for senior management review;
Updates portfolio due to changes in asset allocation and re-balancing efforts;
Serve as a backup to others in the Cash Management and Investment Service team;
Perform related ad-hoc reporting and analysis and participate in other special projects as assigned;
Bachelor's Degree required.
Two (2) years of related financial or business experience.
Familiarity with Not-for-Profit participant accounting and New York Prudent Management of Institutional Funds Act (NYPMIFA).
Proficient in Microsoft Office Suite (Word, Excel, Access, Outlook, and PowerPoint)
Experience with ERP Management System preferred
Working knowledge of New York State Statewide Financial System (SFS), New York City Financial Management System (FMS), online banking platforms such as Citi Business Online, Citi Direct and My State Street preferred
Must be able to work effectively and multi-task in a demanding and fast-paced team environment
Must have a high degree of accuracy and be detail-oriented
Proven ability to work on tight deadlines and deliver quality results
Strong organizational and project management skills
Excellent verbal, written, and interpersonal communication skills
Customer service oriented
CUNY TITLE OVERVIEW
Performs financial analysis and administrative work related to College or unit accounting.
Prepares, reconciles and distributes expenditure and related accounting reports
Creates and maintains various spreadsheets related to financial analysis
Processes and tracks transactional entries
Provides support in the administration of various business operations
Coordinates with various departments on accounting matters
Monitors systems and operations to assure a smooth workflow
Performs related duties as assigned.
Job Title Name: Finance Coordinator
Assistant to HEO
COMPENSATION AND BENEFITS
Salary commensurate with education and experience.
CUNY's benefits contribute significantly to total compensation, supporting health and wellness, financial well-being, and professional development. We offer a range of health plans, competitive retirement/pension benefits and savings plans, tuition waivers for CUNY graduate study and generous paid time off. Our staff also benefits from the extensive academic, arts, and athletic programs on our campuses and the opportunity to participate in a lively, diverse academic community in one of the greatest cities in the world.
City of New York employees, and employees of Participating Employers, hired on or after July 1, 2019, and their eligible dependents, will only be eligible to enroll in the Emblem Health HIP HMO Preferred Plan, and must remain in the HIP HMO Preferred Plan for the first year (365 days) of employment. After 365 days of employment, the employee will have the option of either remaining in the HIP HMO Preferred Plan or selecting a different health plan within 30 days before the end of the 365 day period. If a new health plan is selected, the new plan will be effective on the 366th day.
An employee who needs to request an exemption from the required enrollment in the HIP HMO Preferred Plan can do so by submitting an Opt-Out Request Form to Emblem Health. An employee, or eligible dependent, must meet certain criteria and the request must be approved by Emblem Health before the exemption is granted. The Opt-Out Request Form is available on the Emblem Health website.
HOW TO APPLY
For full consideration, submit a resume online via CUNY's web-based job system.
The direct link to the job opening from external sources is: https://home.cunyfirst.cuny.edu/psp/cnyepprd/GUEST/HRMS/c/HRSHRAM.HRSCE.GBL?Page=HRSCEJOB_DTL&Action=A&JobOpeningId=22895&SiteId=1&PostingSeq=1
October 26, 2021
JOB SEARCH CATEGORY
CUNY Job Posting: Managerial/Professional
EQUAL EMPLOYMENT OPPORTUNITY
CUNY encourages people with disabilities, minorities, veterans and women to apply. At CUNY, Italian Americans are also included among our protected groups. Applicants and employees will not be discriminated against on the basis of any legally protected category, including sexual orientation or gender identity. EEO/AA/Vet/Disability Employer.