Finance Specialist - Accounting and Reporting

POSITION DETAILS

The CUNY School of Medicine (CUNY SoM) located in the heart of Harlem, New York, is the only medical school in the City University of New York system and the only public medical school in Manhattan. Building upon 50 years of success as the Sophie Davis School of Biomedical Education, the institution transitioned to the CUNY School of Medicine (SoM) in 2016. The CUNY SoM offers an accelerated BS/MD degree (7-year program) and a Physician Assistant Master???s Degree (27 months program). True to its legacy of access, opportunity, and community transformation, the medical school???s mission remains to recruit highly talented students as diverse as New York City itself. CUNY SoM places a special emphasis on the recruitment of those who are underrepresented in the field of medicine and on training high quality, culturally competent health professionals and scientists equipped to address the healthcare needs of New York???s medically under-served communities. As a major priority, CUNY SoM also seeks to enhance the recruitment and retention of senior leadership, faculty, and staff to more closely reflect the diversity of our student body.

The Finance and Administration Office is currently seeking a Finance Specialist. The incumbent will report to the Finance Budget Director. In addition to the CUNY Title Overview duties include but are not limited to the following responsibilities:

• Monitor and reconcile tuition revenue accounts regularly.
• Responsible for making accounting entries related to CUNY Med???s non-tax levy entities including income and expenses.
• Reconcile bank statements and internal accounts to ensure accuracy.
• Collaborate with the Bursar???s Office to resolve discrepancies between financial records and student accounts. Ensure accuracy in the general ledger.
• Generate regular financial reports related to tuition and fees and non-tax levy entities.
• Ensure compliance with CUNY policies regarding tuition and fees.
• Stay updated on changes in tuition policies, financial regulations, and accounting standards
• Analyze expenditures to ensure they are appropriately reported in accordance with GAAP and participate in periodic reporting related to tuition and non-tax levy entities.
• Identify opportunities to streamline processes and improve financial controls and assist with the implementation and management of non-tax levy software.
• Ensure CUNY Med and all related entities comply with the University Cash Accounting Policy.
• Perform other duties as assigned by the Finance Budget Director or designee

QUALIFICATIONS

Bachelor's Degree and four years' related experience required.

PREFERRED:

• Bachelor???s degree in Business, Economics, Accounting, Finance or closely related field
• Strong knowledge of accounting principles and practices
• Excellent analytical and problem-solving skills.
• High level of accuracy and attention to detail are essential
• Ability to work independently and meet tight deadlines.
• Proficient with Microsoft Office suite of products, particularly Outlook, Word, Access, and Excel
• Strong organizational, interpersonal, and communication (verbal and written) skills.
• Detail-oriented and accurate with strong quantitative, financial, and critical thinking skills.

CUNY TITLE OVERVIEW

Coordinates financial matters for a program or department under management direction.

• Maintains financial accounts for income and spending; administers the allocation of funds
• Analyzes spending, income trends and usage to recommend improvements
• Manages the collection of revenue and accounts receivable
• Tracks and maintains financial data to provide fiscal reports to management; produces forecasting projections
• Monitors the financial condition of operating centers to ensure efficient use of resources
• Performs ad hoc reporting and analysis as necessary
• May supervise subordinate staff
• Performs related duties as assigned.

Job Title Name: Finance Specialist

CUNY TITLE

Higher Education Assistant

FLSA

Exempt

COMPENSATION AND BENEFITS

Salary range: $75,465 - $86,645

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.

HOW TO APPLY

Visit www.cuny.edu, access the employment page, log in or create a new user account, and search for this vacancy using the Job ID or Title. Select "Apply Now" and provide the requested information.

Candidates should provide a resume and cover letter.

CLOSING DATE

Open until filled. Review of resumes to begin on October 14, 2024.

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.

Job ID

Location

CUNY School of Medicine

About CUNY School of Medicine

There is a continuing shortage of primary care physicians in this country, creating an urgent need for more family practitioners, general internists, pediatricians and obstetricians/gynecologists in many communities. The shortage of African-American, Hispanic, Native Americans and other underrepresented medical professionals in inner-city areas is particularly acute. Thus, recruiting and training a diverse workforce that represents the diversity of the patients being served in such communities is of utmost importance and ensures health equity across the continuum of care. Over forty years ago, CUNY and City College decided to make a difference by developing the most unique physician and physician assistant training programs in the nation – The Sophie Davis School of Biomedical Education. Since its founding in 1973, The Sophie Davis School of Biomedical Education, now known as the CUNY School of Medicine/Sophie Davis Biomedical Education Program continues its original mission to recruit underrepresented populations into medicine, increased medical services in underserved areas, and increased the availability of primary care physicians and physician assistants that reflect the divers...ity of our surrounding communities. This mission is currently served with an 85% enrollment rate of students from backgrounds that are Underrepresented in Medicine (URiM; e.g., African American, Hispanic/Latino, and Native American), greatly exceeding the current U.S. medical school average of 43%. The CUNY School of Medicine encompasses an innovative accelerated BS/MD program that combines a Bachelor of Science degree and an M.D. degree in seven years and a 28-month Physician Assistant Program that leads to a Masters degree in P.A. Studies and eligibility to take the physician assistant national certification examination (PANCE).

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