Payroll Financial Analyst

Position Focus :

The Payroll Financial Analyst position, reporting into the Associate Director of Payroll, is responsible for performing accurate and timely reconciliations of complex payroll accounts, extracting and consolidating data from multiple sources and researching and resolving any variances.

This position collaborates with internal and external stakeholders, providing accurate and timely information to ensure financial integrity and compliance with University policy and legal regulations.

The role is responsible for recording proper journal entries, identifying balances on a monthly and quarterly basis, and communication reports and metrics to management.

The Payroll Financial Analyst provides support and assistance to payroll staff.

Essential Duties

1. Financial Analysis and Reporting : Analyzes and synthesizes information and designs and creates accurate and timely reports that add value to the management of University operations.

Advises and applies GAAP to specialized areas to properly report out on financial conditions. Designs financial reporting to meet the compliance needs of internal and external users.

Extracts and consolidated data from multiple sources. 2. Financial methods & systems : Contributes to the planning and improvement of practices, processes and systems.

Collaborates with all levels of internal and external contacts to carry out department goals. 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. 3. Accounting and Reconciliation : Accurately records enterprise or subsystem transactions and verifies other entries are recorded correctly to ensure accuracy of balance sheets, income statements, and other financial activities.

Performs complex multi-system reconciliations; navigates through multiple complex systems and reporting tools to independently investigate and resolve routine and non-routine discrepancies.

Applies and adjusts entries to the general ledger or subsystems and ensures adherence to GAAP, regulatory requirements and financial reporting considerations.

Communicates effectively at all levels and applies sound judgment when handling sensitive information. 4. Strategic Resource : Translates department finance goals into objectives.

Identifies, and raises potential financial opportunities, issues, risks, ideas and solutions. Identifies the appropriate stakeholders to include in consultations, communications, approvals or buy-ins for designing and implementing changes.

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. Mentors, leads and / or supervises staff. 7. May perform other duties as assigned.

Required Education and Experience

Bachelor’s degree in Accounting, Business, Economics or Finance and four years of related experience or an equivalent combination of education and experience.

Demonstrated application of financial, accounting and economic concepts

Required Skill / Ability 1 :

Demonstrated in depth working knowledge of reconciliations.

Required Skill / Ability 2 :

A proven capability to handle multiple priorities with the ability to delegate responsibilities.

Required Skill / Ability 3 :

Demonstrated application of financial, accounting and internal control concepts with the ability to identify opportunities for improvements, efficiencies, and effectiveness of payroll processes, procedures, and policies.

Required Skill / Ability 4 :

Strong organizational skills and the ability to see the big picture, while remaining attentive to detail.

Required Skill / Ability 5 :

Strong analytical skills with a capability to recommend and identify ways to resolve issues.

Drug Screen

Health Screening

Background Check Requirements

All candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle, DOT certification, drug testing and credit checks based on the position description and job requirements.

All offers are contingent upon the successful completion of the background check. For additional information on the background check requirements and process visit "Learn about background checks" under the Applicant Support Resources section of Careers on the It's Your Yale website.

COVID-19 Vaccine Requirement

The University maintains policies pertaining to COVID-19. All faculty, staff, students, and trainees are required to comply with these policies, which may be found here :

Posting Disclaimer

The intent of this job description is to provide a representative summary of the essential functions that will be required of the position and should not be construed as a declaration of specific duties and responsibilities of the particular position.

Employees will be assigned specific job-related duties through their hiring departments.