Financial Analyst 1

Overview

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, YNHH, and other key areas in the department. This position will provide high level of continuous financial support and analyses including approval of Workday financial transactions, 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.

Required Skills and Abilities

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.
2. Ability to create new and complex reports (excel, word, etc.) for tracking analysis and communication of financial information.
3. Strong organizational skills and attention to detail. Well-developed analytical and problem-solving skills.
4. Intermediate knowledge of financial and economic concepts, modeling and analysis. Intermediate knowledge of budgeting and planning principles and processes. 
5. Ability to work independently, multitask, use good judgment, work under pressure and meet deadlines.

Principal Responsibilities

1. 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.

Required Education and Experience

Bachelor’s degree in Accounting, Business, Economics or Finance and two years of related experience or an equivalent combination of education and experience. Demonstrated application of financial, accounting and economic concepts.