Financial Specialist

Position Summary

Under direction, assists with financial, accounting and administrative activities within the department 

Job Responsibilities

  • Assists with the annual operating budget and associated policies and guidelines. Gathers industry or peer data for comparison and best practices.
  • Analyzes department’s financial health. Creates financial models and recommends cost cutting measures.
  • Provides guidance on budget and financial policies to ensure adherence to institutional policies and standards.
  • If applicable, responsible for research financial management activities. Assists in reconciling budget to actual expense activity for all grants and contracts. Researches all financial discrepancies; contacts appropriate personnel to resolve issues.
  • If applicable, responsible for Master Service Agreement (MSA) billing. Reconciles payments with partner institutions and rectifies any errors. Updates processes and forms to match new agreements.
  • If applicable, responsible for gift donation activities.
  • If applicable, prepares report of faculty earning $500,000 or more in total compensation. Calculates faculty compensation payout to determine supplemental accruals.
  • May be responsible for payroll activities.
  • Ensures compliance with regulatory audits/inspections and/or internal reviews. Develops and recommends corrective action plans to address deficiencies identified. May serve as liaison to audit team(s) during on-site visits.
  • Responsible for procurement activities related to goods, services, and/or equipment and for disbursement/reimbursement activities as needed.


  • Bachelor's Degree in related field


Approximately 2 years of finance related experience, preferably within an academic medical center.

Knowledge, Skills and Abilities

  • Previous experience in fund accounting/financial planning.
  • Experience with database software or an enterprise resource planning system, SAP preferably, is highly desired.

To apply, please submit an application at our career opportunities website

Weill Cornell Medicine and the Department of Healthcare Policy & Research are committed to the principles of Equal Employment Opportunity and Affirmative Action. We ensure all employment activities are conducted in a fair and equal fashion, without regard to race, creed, religion, color, national origin, sex, age, sexual orientation, predisposing genetic characteristics, marital status, status as a domestic violence victim, individual with a disability, citizenship, protected veteran, or other characteristic as protected by law.

Healthcare Policy & Research 402 E. 67th St. New York, NY 10065 Phone: (646) 962-8001