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About the Role

The Financial Analyst position supports the procurement lifecycle and ensures timely, accurate procurement and accounts payable transactions. This role involves creating, reviewing, and analyzing procurement data and reports, identifying and troubleshooting issues, and communicating with stakeholders. The position requires proficiency in financial analysis and reporting, a strong understanding of procurement and accounting principles, and the ability to handle confidential data. The incumbent may supervise temporary staff. The department processes approximately 75,000 transactions annually, totaling around $200M in non-payroll accounts payable and procurement activity for CUNY sponsored programs.

Responsibilities

Analyze procurement and accounts payable data.
Develop and execute complex regular and ad-hoc financial reports containing confidential data.
Analyze financial transactions, workflows, and identify and troubleshoot issues.
Perform trend analysis and forecasting.
Perform detailed spend analytics by supplier, category, department, grant or funding source.
Identify duplicate payments, duplicate suppliers, and pricing inconsistencies through analytical reviews.
Utilize RFCUNY’s systems and available software (including but not limited to Excel) to generate relevant reports and metrics for end-users, suppliers, and internal use.
Analyze historical purchases, payments, and records.
Assist with year-end closing and reporting activities and audits.
Perform other related duties as assigned.
Analyze spend patterns and trends, and identify opportunities for savings and efficiency improvements.
Perform supplier setup, maintain supplier records and assist in supplier onboarding.
Work with existing and prospective external suppliers, analyze pricing, and add suppliers and/or goods to procurement catalog.
Provide administrative and analytical support for large procurement projects, Requests for Proposals (RFPs), Requests for Bid (RFBs).
Ensure confidential handling of RFCUNY and supplier information.
Review, verify, prepare, and process requests for procurement of goods and services, including purchase requisitions, purchase orders, procurement card transactions, expense reimbursements, supplier contracts, construction contracts, leases, and travel services, as assigned.
Ensure compliance with the RFCUNY procurement policy and procedures; applicable federal and state regulations, policies, and procedures; and sponsor requirements.
Consult and coordinate with internal departments including Grants & Contracts, Legal, and Finance, as well as CUNY offices, as needed.
Research and respond to inquiries; troubleshoot and solve problems.

Requirements

Bachelor's degree in Business Administration, Accounting, Finance, Data Science, Supply Chain Management, or related field.
2+ years of relevant experience.
Advanced proficiency in financial reporting and data analysis.
Strong understanding of procurement and general accounting principles.
Familiarity with ERP or procurement systems, such as Workday or Jaggaer, preferred.
Competence in coding, advanced data analysis techniques, and Artificial Intelligence applications.
Supplier relationship management and contract management experience preferred.
Ability to handle confidential data is required.

Skills

Attention to detail and a high level of accuracy.
Strong positive customer relationship skills.
Analytical and quantitative skills.
Expert level Excel skills (Pivot Tables, VLOOKUP/XLOOKUP, etc.) required.
Competence in other analytical software and tools (e.g. Power BI) preferred.
Teamwork.
Customer focus.
Problem-solving.
Excellent organizational skills, time management abilities, verbal and written communication skills.
Discretion and ability to handle confidential data required.
Ability to work independently and collaboratively and manage multiple priorities in a fast-paced setting.
Ability to quickly learn and use complex enterprise systems and software.

Location

RESEARCH FOUNDATION OF C.U.N.Y.

Work Type

Full-time

Experience Level

2+ years of relevant experience

Education Level

Bachelor's degree in Business Administration, Accounting, Finance, Data Science, Supply Chain Management, or related field.
Master’s degree preferred.

Salary/Compensations

$78,329 - $84,856

Benefits

RFCUNY Employee Benefits and Accruals

About the Company

The team at RFCUNY is made up of dedicated, talented professionals committed to providing the services that allow CUNY researchers, faculty, and staff to focus on their intellectual curiosity and scientific discoveries.
The Department processes approximately 75,000 transactions annually, representing approximately $200M in non-payroll accounts payable and procurement activity for sponsored programs of the City University of New York. The Department has 25 staff members.

Equal Opportunity

The Research Foundation of the City University of New York is an Equal Opportunity/Affirmative Action/Americans with Disabilities Act/E-Verify Employer.
It is the policy of the Research Foundation of CUNY to provide equal employment opportunities free of discrimination based on race, color, age, religion, sex, pregnancy, childbirth, national origin, disability, marital status, veteran status, sexual orientation, gender identity, genetic information, marital status, domestic violence victim status, arrest record, criminal conviction history, or any other protected characteristic under applicable law.