Departmental Financial Analyst – Inflammatory Bowel and Immunobiology Research Institute

Are you a passionate and dedicated finance professional? Join the dynamic IBIRI team as a Departmental Financial Analyst!

Cedars-Sinai is a multidisciplinary, highly collaborative research center with an emphasis on disease and translational research. The mission of IBIRI is to leverage strengths across the scientific/medical continuum, from wet laboratory investigation and genomics investigation to translational research for targeting discovery, drug design, and clinical trials, to speed the transformation of discoveries into precision medicine for people with IBD.

The Departmental Financial Analyst working in close collaboration with all levels of management within their assigned department(s)/service line, prepares and provides regular and ad-hoc financial reports, performs analyses of financial reports, and makes recommendations based on findings. Serves as a liaison to management between departments, service lines, physicians, external companies, staff, and finance. Applies detailed knowledge of the areas of assigned responsibility, and general knowledge of the department functions and their interrelation with the larger organization to provide needed operational support to the department.

Primary Duties and Responsibilities:

• Generates and creates financial reports on a regular cadence and ad-hoc basis.
• Analyzes and interprets data, identifies trends, and forecasts, and provides recommendations based on findings.
• Assists with preparing, monitoring, and tracking of budgets.
• Serves as liaison between department(s)/service line and finance, as well as other areas as needed.
• Applies federal and state regulatory and licensing requirements (as applicable), as well as organization bylaws, rules, regulations, policies, and procedures to all assigned work.
• Provides additional operational support, as needed.

Department-Specific Responsibilities:

Financial

• Responsible for financial stewardship of complex financial portfolio exceeding $10M or large multi-unit integrated research program
• Responsible for preparing, projections, reports, and budgets for lab and individual PI at ad hoc requests; including donor and foundation funding.
• Responsible for the development and guidance of all institutionally and extramurally funded cost centers.
• Responsible for reviewing, monitoring, and overseeing multiple budgets, accounts, and expenses, interpreting financial information, prepare activity reports and financial forecasts for related grants and grant applications.
• Coordinates calls for proposals, proposal evaluation, interim reporting, and resource allocations.
• Oversees departmental internal funding programs. Ensures the program stays within financial guidelines while accomplishing the institution’s goals and objectives.
• Works closely with leadership, faculty, and management team to maintain and further develop financial program growth.
• Responsible for providing recommendations on financial feasibility, and lab operation costs associated with expenses, equipment, incoming projects and/or personnel.
• Prepares complex analyses and financial reports upon request.
• Interacts and maintains key relationships with institutional departments (e.g. Technology Transfer, research managers and operations administrators, IRB, ORA, etc.) and external partners (e.g. research collaborators, regulatory consultants).
• Oversees Material Transfer Agreements, Data Use Agreements, and Intellectual Property regulatory compliance.
• Oversees departmental recharges for MIRIAD Biobank
• With gained expertise, provides troubleshooting support and training to administrative and lab support staff on how to utilize, and navigate through the various systems, as assigned by leadership.
• Assists the IBDI leadership with other activities as assigned.

Grant

• Applies federal and state regulatory and licensing requirements, as well as organizational by-laws, rules and regulations, and policies and procedures to all assigned projects.
• Performs Pre-and Post- award administrative functions
• Works as the liaison between department or research group and sponsored research funds administration, accounting, and finance departments.
• Ensures research grants and budgets meet all granting, funding guidelines and regulations. Supervises spending on grants so all expenditures are appropriate and allowable within the grant budget and year-end. Monitors grant accounts, tracks all expenses, provides grant and financial reconciliation, and research-related financial reporting.
• Monitors ECC for accurate reporting and performs necessary funding corrections via direct cost transfer requests
• Responsible for grant close out.
• May negotiate budgets for clinical trials.
• May assist with research participant billing.

Education:

• High School Diploma/GED, is required. Bachelor’s degree in Accounting, Business, Finance, or related field, is preferred.

Experience and Skills:

• Two (2) years of financial analysis, administrative, financial auditing, accounting, or related experience is preferred.
• Responds timely, effectively, and appropriately to deliverables
• Ability to use software applications and operate technological devices (e.g., computer, laptop, tablet, smartphone, etc.).
• Ability to convey and/or receive written/verbal information to/from various audiences in different formats
• Ability to demonstrate time management and priority-setting skills.
• Ability to develop and deliver effective presentations.

Cedars-Sinai is a leader in providing high-quality healthcare encompassing primary care, specialized medicine and research. Since 1902, Cedars-Sinai has evolved to meet the needs of one of the most diverse regions in the nation, setting standards in quality and innovative patient care, research, teaching and community service. Today, Cedars- Sinai is known for its national leadership in transforming healthcare for the benefit of patients. Cedars-Sinai impacts the future of healthcare by developing new approaches to treatment and educating tomorrow’s health professionals. Additionally, Cedars-Sinai demonstrates a commitment to the community through programs that improve the health of its most vulnerable residents.

Cedars-Sinai is one of the largest nonprofit academic medical centers in the U.S., with 886 licensed beds, 2,100 physicians, 2,800 nurses and thousands of other healthcare professionals and staff. Choose this if you want to work in a fast-paced environment that offers the highest level of care to people in the Los Angeles that need our care the most.

Req ID

: 1214

Working Title

: Departmental Financial Analyst – Inflammatory Bowel and Immunobiology Research Institute

Department

: Research – Digestive and Liver Diseases

Business Entity

: Cedars-Sinai Medical Center

Job Category

: Finance

Job Specialty

: Financial Planning

Overtime Status

: EXEMPT

Primary Shift

: Day

Shift Duration

: 8 hour

Base Pay

: $73,320.00 – $113,651.20

Cedars-Sinai is an Equal Employment Opportunity employer.

Cedars-Sinai does not unlawfully discriminate on the basis of the race, religion, color, national origin, citizenship, ancestry, physical or mental disability, legally protected medical condition (cancer-related or genetic characteristics or any genetic information), marital status, sex, gender, sexual orientation, gender identity, gender expression, pregnancy, age (40 or older), military and/or veteran status or any other basis protected by federal or state law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at [email protected] and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.

Cedars-Sinai will consider for employment qualified applicants with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring.

At Cedars-Sinai, we are dedicated to the safety, health and wellbeing of our patients and employees. This includes protecting our patients from communicable diseases, such as influenza (flu) and COVID-19. For this reason, we require that all new employees receive a flu vaccine based on the seasonal availability of flu vaccine (typically during September through April each year) as a condition of employment, and annually thereafter as a condition of continued employment, subject to medical exemption or religious accommodation. For the same reason, you may also be required to receive other vaccines such as COVID-19 as a condition of employment. Cedars-Sinai reserves the right to make modifications to its required list of vaccines as required by law and/or policy. Cedars-Sinai’s AA Policy Statement (PDF) (opens in new window)