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Financial Analyst

1.00 to 10.00 Years   Doha, Qatar   16 Jun, 2022
Weill Cornell Medicine-Qatar
1 Jobs Openings
Job LocationDoha, Qatar
EducationNot Mentioned
SalaryNot Mentioned
IndustryHigher Education
Functional AreaNot Mentioned

Job Description

Position SummaryThe position is responsible for conducting basic to moderate financial analyses, gathering budgeting information, assisting with financial modelling/planning and executing monthly and quarterly financial reconciliations.Job Responsibilities

  • Conducts basic analyses and research required to prepare the annual operating and/or capital budgets.
  • Provides periodic status on utilization trends and reconciliation statements. Investigates issues and corrects discrepancies. Escalates issues as needed.
  • Liaises with different units to collect the budgeting data and advises on the data collection tool. Conducts a preliminary validation of budgeting data and resolves issues in consultation with the unit.
  • Prepares a variety of moderately complex monthly, quarterly, year-end, and ad-hoc financial schedules and reports as required by management and funding institutions.
  • Tracks, measures, and updates the assigned financial KPIs as required.
  • Validates assigned reports for SAP grants master data.
  • Coordinates and effectively communicates with Grants Administration- Qatar as well as NY & Ithaca on all financial and process issues as required.
  • Executes intercompany transactions by initiating JV E forms and communicating with the NY office as required.
  • Ensures adherence to all US generally accepted accounting principles (GAAP), and WCM-Q and WCM accounting practices and reporting requirements.
  • Performs preliminary grant year-end reconciliation analysis for the grant year-end audit and ensures compliance with the sponsor?s regulations.
  • Prepares monthly reconciliations; investigates and reconciles variances; records transactions and maintains reconciliation reports for Qatar funds and grants.
  • Contributes to the financial reporting for all grants, grant audits and the fiscal year audit.
  • Assists with the monthly and end of year tasks in terms of closing entries in the financial accounting system and ensures the appropriate analysis and documentation are in place.
  • Applies internal control over financial transactions including research assets and activities. Ensures proper narratives are maintained with respect to business and financial processes. Ensures all approvals and relevant documentation is preserved.
  • Conducts routine validations to check that expenses are charged/allocated to the right fund/WBS, GL codes, and period/fiscal year. Advises or executes changes to journal entries as appropriate for reclassification or rectification of transactions.
  • Creates and maintains vendor records or an internal order on SAP for employees, students, and projects.
  • Responds to requests from other departments timely, such as WBS creation and budget changes.
  • Performs other duties as assigned.

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