Financial Analyst (Administration) Mount Sinai Morningside-Full Time Days

Mount Sinai Health Systems•New York, NY

2d•$66,482 - $81,675•Onsite

About The Position

The Financial Analyst I gathers financial information, analyzes that information and prepares reports, so that Administrators and other departmental leadership can make recommendations. These reports provide internal control over fiscal activity on operating, restricted fund and endowment accounts and other financial activities within the department.

Requirements

Gathering financial information
Analyzing financial information
Preparing reports
Internal control over fiscal activity
Operating, restricted fund and endowment accounts
Reviewing monthly budget, fund and/or general ledgers
Clinical trials and grants
Fluctuation analysis
Communicating with accounting staff
Obtaining variance explanations
Alerting to wire transfers
Ensuring revenue and expenses are captured properly
Preparation of reports, invoices
Follow-up discussions with department administrators
Actual variances from approved budgets
Prepare and submit purchase orders, contracts, invoices, check requests, petty cash vouchers, travel requests and travel vouchers, fund transfers
Monitoring grants, clinical trials and other revenue and expense driven projects
Timely reports preparation
Prepare a transmittal of instructions for checks and cash
Deposit and credit to the appropriate account
Input and review of staff payroll
Record maintenance
Monitoring payments by insurance providers
Determining revenue streams

Responsibilities

Assists in reviewing monthly budget, fund and or/general ledgers for the department or business unit within the School or Hospital, including clinical trials and grants if applicable. Provide fluctuation analysis.
Communicates with accounting staff to obtain variance explanations, to alert them to wire transfers and to ensure that revenue and expenses are captured properly.
Assists with the regular preparation of reports, invoices and follow-up discussions with department administrators over actual variances from approved budgets.
Prepare and submit purchase orders, contracts, invoices, check requests, petty cash vouchers, travel requests and travel vouchers, fund transfers as necessary.
May ensure that grants, clinical trials and other revenue and expense driven projects are properly monitored and timely reports are prepared.
May prepare a transmittal of instructions for checks and cash which accompanies these instruments to the main cashier or Finance for deposit and credit to the appropriate account.
Input and review of staff payroll and record maintenance.
May assist in monitoring payments by insurance providers in determining revenue streams.