Financial Analyst I - Windreich Department for AI & Human Health Research

Mount Sinai Health System•New York, NY

About The Position

The Financial Analyst I gathers and analyzes financial information and prepares reports to help administrators and departmental leadership make recommendations. The reports provide internal control over fiscal activity involving operating, restricted fund, and endowment accounts, as well as other departmental financial activities.

Requirements

Bachelor’s degree in Accounting, or an equivalent combination of education and experience.
Three years of experience in Finance.

Responsibilities

Assist in reviewing monthly budgets, funds, and general ledgers for the department or business unit within the School or Hospital, including clinical trials and grants when applicable.
Provide fluctuation analysis.
Communicate with accounting staff to obtain variance explanations, alert them to wire transfers, and ensure revenue and expenses are properly captured.
Assist with preparing reports and invoices and conducting follow-up discussions with department administrators about actual variances from approved budgets.
Prepare and submit purchase orders, contracts, invoices, check requests, petty cash vouchers, travel requests and vouchers, and fund transfers as necessary.
Monitor grants, clinical trials, and other revenue- and expense-driven projects, and prepare timely reports when applicable.
Prepare transmittal instructions for checks and cash to accompany them to the main cashier or Finance for deposit and credit to the appropriate account, when applicable.
Input and review staff payroll and maintain records.
Assist in monitoring payments by insurance providers to determine revenue streams, when applicable.
Perform other related duties.