Financial Analyst II (Financial Planning & Analysis)-Financial Administration-Mount Sinai Hospital-Full Time-Days

Mount Sinai Health Systems•New York, NY

3d•$66,482 - $89,843

About The Position

The Financial Analyst II collects, organizes, and provides day-to-day analytical support for departmental planning, budgeting, and administrative functions. The role also provides administrative services and analytical support to management. The position is in Financial Administration at Mount Sinai Hospital and is full-time, day shift.

Requirements

Bachelor’s degree in business, accounting, or management, or an equivalent combination of education and experience.
4–5 years of experience in Finance, or a master’s degree in a health-related business program.

Responsibilities

Collect, monitor, analyze, and study financial data.
Monitor monthly budgets, funds, and/or general ledgers for clinical departments or business units within the School or Hospital, and provide variance analysis.
Communicate with accounting staff to obtain explanations for variances, alert them to wire transfers, and help ensure revenue and expenses are properly captured.
Prepare regular reports and participate in follow-up discussions with managers, Finance Directors, and department administrators about variances from approved budgets.
Assist with business plan development and logistical planning for new faculty recruitment.
Monitor and track revenue- and expense-driven projects and prepare timely reports, as needed.
Prepare and submit purchase orders, contracts, change orders, invoices, check requests, petty cash vouchers, travel requests and vouchers, fund transfers, and HR transactions as necessary.
Produce regular and ad hoc reports using accounting, productivity, billing, and cost-accounting systems.
Train new staff on analytical tools and systems, as needed.
Input and review payroll and maintain records, as needed.
Prepare accruals for monthly general-ledger updates, as needed.
Assist in analyzing payments by insurance providers to determine revenue streams.
Perform other related duties.