Financial Analyst 1 (88983BR)
Yale University
New Haven, CT
See who Yale University has hired for this role
University Job Title
Financial Analyst 1
Bargaining Unit
None - Not included in the union (Yale Union Group)
Time Type
Full time
Duration Type
Regular
Compensation Grade
Administration & Operations
Compensation Grade Profile
Supervisor; Senior Associate (22)
Wage Ranges
Click here to see our Wage Ranges
Searchable Job Family
Financial
Total # of hours to be worked:
37.5
Work Week
Standard (M-F equal number of hours per day)
Work Location
Central Campus
Worksite Address
300 George Street
New Haven, CT 06511
Work Model
Hybrid
Position Focus
Under the general direction of the Associate Director, the Financial Analyst will perform analytical and financial functions in the department of Psychiatry in support of Yale Behavioral Health Division and other key areas in the department. This position will provide high level of continuous financial support and analyses including approval of Workday financial transaction, journal entry and review, billing and being knowledgeable in applicable contracts supported by the department. This position will work directly with the Associate Director on the overall financial management including budget to actual analysis and helping with the development of budgets.
Essential Duties
Bachelor’s degree in Accounting, Business, Economics or Finance and two years of related and demonstrated experience or an equivalent combination of education and demonstrated experience. Demonstrated application of financial, accounting and economic concepts.
Required Skill/Ability 1
Excellent oral and written communication skills. Ability to adapt communication style to address the needs of individuals at all levels throughout the University. Demonstrated ability to be responsive, proactive, and timely in updates on deliverables.
Required Skill/Ability 2
Ability to create new and complex reports (Excel, Word, etc.) for tracking, analysis and communication of financial information. Demonstrated ability to create tracking and other tools required for organization and deadlines.
Required Skill/Ability 3
Strong organizational skills and attention to detail. Well-developed analytical and problem-solving skills.
Required Skill/Ability 4
Intermediate knowledge of financial and economic concepts, modeling and analysis. Intermediate knowledge of budgeting and planning principles and processes.
Required Skill/Ability 5
Ability to work independently, multitask, use good judgment, work under pressure and meet deadlines.
Preferred Education, Experience And Skills
Thorough working knowledge of departmental financial reporting and analysis. Demonstrated experience with Workday applications and reporting tools. Knowledge of Yale University business, accounting and financial policies and procedures. Extensive knowledge of University financial systems including Workday, Epic and YBT.
Weekend Hours Required?
Occasional
Evening Hours Required?
Occasional
Drug Screen
No
Health Screening
No
Background Check Requirements
All candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle, DOT certification, drug testing and credit checks based on the position description and job requirements. All offers are contingent upon the successful completion of the background check. For additional information on the background check requirements and process visit "Learn about background checks" under the Applicant Support Resources section of Careers on the It's Your Yale website.
COVID-19 Vaccine Requirement
Required
The University maintains policies pertaining to COVID-19. All faculty, staff, students, and trainees are required to comply with these policies, which may be found here:
https://covid19.yale.edu/health-guidelines
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.
EEO Statement
University policy is committed to affirmative action under law in employment of women, minority group members, individuals with disabilities, and protected veterans. Additionally, in accordance with Yale’s Policy Against Discrimination and Harassment, and as delineated by federal and Connecticut law, Yale does not discriminate in admissions, educational programs, or employment against any individual on account of that individual’s sex, sexual orientation, gender identity or expression, race, color, national or ethnic origin, religion, age, disability, status as a special disabled veteran, veteran of the Vietnam era or other covered veteran.
Inquiries concerning Yale’s Policy Against Discrimination and Harassment may be referred to the Office of Institutional Equity and Accessibility (OIEA).
Note
Yale University is a tobacco-free campus
Financial Analyst 1
Bargaining Unit
None - Not included in the union (Yale Union Group)
Time Type
Full time
Duration Type
Regular
Compensation Grade
Administration & Operations
Compensation Grade Profile
Supervisor; Senior Associate (22)
Wage Ranges
Click here to see our Wage Ranges
Searchable Job Family
Financial
Total # of hours to be worked:
37.5
Work Week
Standard (M-F equal number of hours per day)
Work Location
Central Campus
Worksite Address
300 George Street
New Haven, CT 06511
Work Model
Hybrid
Position Focus
Under the general direction of the Associate Director, the Financial Analyst will perform analytical and financial functions in the department of Psychiatry in support of Yale Behavioral Health Division and other key areas in the department. This position will provide high level of continuous financial support and analyses including approval of Workday financial transaction, journal entry and review, billing and being knowledgeable in applicable contracts supported by the department. This position will work directly with the Associate Director on the overall financial management including budget to actual analysis and helping with the development of budgets.
Essential Duties
- Financial modeling and forecasting: Provides 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 activities. Researches information to help resolve issues and make recommendations. 2. Financial analysis and reporting: Analyzes information and creates accurate and timely reports. Ensures financial reporting meets the compliance needs of internal and external users. Extracts data from multiple sources. 3. Financial methods and systems: Recommends methods to improve practices, processes and systems. Works with internal and external contacts to carry out department objectives. Provides a high level of service that cultivates and maintains strong working relationships and effectively communicates information; takes ownership and accountability for timeliness, accuracy and relationship management. 4. Strategic Resource: Translates unit finance objectives into priorities. Reports financial issues and risks and makes recommendations. Contacts appropriate stakeholders to include in communications and approvals 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 resources use, accurate financial information, and adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements. 6. May perform other duties as assigned.
Bachelor’s degree in Accounting, Business, Economics or Finance and two years of related and demonstrated experience or an equivalent combination of education and demonstrated experience. Demonstrated application of financial, accounting and economic concepts.
Required Skill/Ability 1
Excellent oral and written communication skills. Ability to adapt communication style to address the needs of individuals at all levels throughout the University. Demonstrated ability to be responsive, proactive, and timely in updates on deliverables.
Required Skill/Ability 2
Ability to create new and complex reports (Excel, Word, etc.) for tracking, analysis and communication of financial information. Demonstrated ability to create tracking and other tools required for organization and deadlines.
Required Skill/Ability 3
Strong organizational skills and attention to detail. Well-developed analytical and problem-solving skills.
Required Skill/Ability 4
Intermediate knowledge of financial and economic concepts, modeling and analysis. Intermediate knowledge of budgeting and planning principles and processes.
Required Skill/Ability 5
Ability to work independently, multitask, use good judgment, work under pressure and meet deadlines.
Preferred Education, Experience And Skills
Thorough working knowledge of departmental financial reporting and analysis. Demonstrated experience with Workday applications and reporting tools. Knowledge of Yale University business, accounting and financial policies and procedures. Extensive knowledge of University financial systems including Workday, Epic and YBT.
Weekend Hours Required?
Occasional
Evening Hours Required?
Occasional
Drug Screen
No
Health Screening
No
Background Check Requirements
All candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle, DOT certification, drug testing and credit checks based on the position description and job requirements. All offers are contingent upon the successful completion of the background check. For additional information on the background check requirements and process visit "Learn about background checks" under the Applicant Support Resources section of Careers on the It's Your Yale website.
COVID-19 Vaccine Requirement
Required
The University maintains policies pertaining to COVID-19. All faculty, staff, students, and trainees are required to comply with these policies, which may be found here:
https://covid19.yale.edu/health-guidelines
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.
EEO Statement
University policy is committed to affirmative action under law in employment of women, minority group members, individuals with disabilities, and protected veterans. Additionally, in accordance with Yale’s Policy Against Discrimination and Harassment, and as delineated by federal and Connecticut law, Yale does not discriminate in admissions, educational programs, or employment against any individual on account of that individual’s sex, sexual orientation, gender identity or expression, race, color, national or ethnic origin, religion, age, disability, status as a special disabled veteran, veteran of the Vietnam era or other covered veteran.
Inquiries concerning Yale’s Policy Against Discrimination and Harassment may be referred to the Office of Institutional Equity and Accessibility (OIEA).
Note
Yale University is a tobacco-free campus
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Seniority level
Entry level -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Higher Education
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