Job Abstract

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.