Director, Research Finance & Analysis
: Job Details :

Title: Director, Research Finance & Analysis

Location: Midtown

Org Unit: Budget and Planning

Work Days: Weekdays and some weekends

Weekly Hours:35.00

Exemption Status:Exempt

Salary Range:$202,900.00-$226,100.00

*As required under NYC Human Rights Law Int 1208-2018 - Salary range for this role when Hired for NYC Offices

Position Summary

The Director, Research Finance & Analysis is responsible for managing and directing the financial reporting and analysis of all research funds at Weill Cornell Medicine (WCM). This role requires collaboration with research support departments as well as academic departments, centers, and institutes. The incumbent is responsible for directing and overseeing the strategic financial planning, budgeting, and the financial management of comprehensive research initiatives, including in the real estate sector.

The incumbent is accountable for the development and delivery of appropriate procedures, management controls and services to ensure the effective management, audit, accounting, control, and reporting of the institution's research funds.

They are accountable to external research sponsors for ensuring that specific guidelines are incorporated effectively into the internal controls of the institution and that an appropriate financial review framework is in place to ensure that transactions on research grants are compliant and eligible with research sponsor guidelines.

Job Responsibilities

• Directs, develops and oversee financial reporting, models, forecasts, and multi-year operating budgets of approx. $500 million to support research operations and real estate initiatives.
• Oversee and lead cost-benefit analyses for proposed research initiatives and investments as well as managed care contracting negotiations with NewYork-Presbyterian. Present findings to executive leadership.
• Responsible for monitoring grand expenditures and direct & indirect cost collections, identifying trends and actionable insights.
• Must ensure alignment of financial strategies with WCM's research priorities across the institution.
• Responsible for managing and optimizing financial strategies to support the short-term and long-term research goals of WCM.
• The director will act as the primary financial liaison between research support departments, capital planning, and executive leadership.
• The director will collaborate with other real estate and capital planning executives and teams to assess and manage financial risk and opportunities associated with infrastructure projects with budgets of approx. $300 - $500 million.
• Provide analysis and benchmarks related to NIH landscape, including success rate, funding mechanisms, activity types, etc.
• Perform financial analysis of survey data, such as Blue Ridge and NSF HERD, to support data-driven decision making for research initiatives.
• Partners with the Chief Operating Officer of Research and the Senior Director of Budget & Institutional Resources on developing strategic financial planning and forecasting as well as streamlining reporting for senior leadership.

Education

• Bachelor's Degree in finance, accounting, or a related field is required.
• Master's Degree preferred

Experience

• A minimum of 8 years of senior financial experience in financial management, preferably in an academic research setting.
• A minimum of 3-5 years of direct grant management experience, preferably with NIH/Federal grants.
• Knowledge of research regulatory guidelines and compliance, specifically with Uniform Guidance and other NIH guidelines, required.
• Experience managing large budgets and complex financial operations.

Knowledge, Skills and Abilities

• Strong analytical, data analysis, and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in financial software and tools.
• Ability to manage complex cross-functional projects.

Licenses and Certifications

• Professional certification (e.g. CPA, CFA) preferred.

Working Conditions/Physical Demands

Weill Cornell Medicine is a comprehensive academic medical center that is committed to excellence in patient care, scientific discovery, and the education of future physicians and scientists in New York City and around the world. Our doctors and scientists - faculty from Weill Cornell Medical College, Weill Cornell Graduate School of Medical Sciences, and the Weill Cornell Physician Organization - are engaged in world-class clinical care and cutting-edge research that connect patients to the latest treatment innovations and prevention strategies. Located in the heart of the Upper East Side's scientific corridor, Weill Cornell Medicine's powerful network of collaborators extends to its parent university Cornell University; to Qatar, where an international campus offers a U.S. medical degree; and to programs in Tanzania, Haiti, Brazil, Austria and Turkey. Our medical practices serve communities throughout New York City, and our faculty provide comprehensive care at NewYork-Presbyterian Hospital/Weill Cornell Medical Center, NewYork-Presbyterian/Lower Manhattan Hospital, NewYork-Presbyterian Hospital/Brooklyn Methodist Hospital, NewYork-Presbyterian Hospital/Westchester Behavioral Health Center, and NewYork-Presbyterian/Queens. At Weill Cornell Medicine, we work together to treat each individual, not just their conditions or illnesses, as we strive to deliver the finest possible care for our patients - the center of everything we do. Weill Cornell Medicine is an Equal Employment Opportunity Employer. Weill Cornell Medicine provides equal employment opportunities to all qualified applicants without regard to protected status, including race, sex, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, or genetic information.

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