Job description

Senior Financial Analyst, Icahn School of Medicine at Mount Sinai, Mount Sinai Health System Careers

The Senior Financial Analyst is responsible for the evaluation of current and future operational and financial practices, development of new systems and/or processes, developing policies and procedures to achieve desired financial and operational goals in a business unit, such as an institute, department or division.

Primary Duties:

1. Monitors monthly budget, fund and or/general ledgers for the department or business unit within the School or Hospital; provides variance analysis.

2. Analyzes the revenue cycle and revenue stream for the business unit and assists in developing feasibility and profitability analysis and/or business plans for new and existing programs, including new faculty recruitment and revenue capture.

3. Communicates with accounting staff to obtain variance explanations, to alert them to wire transfers and to ensure that revenue and expenses are captured properly.

4. Prepares regular and ad hoc reports and participates in follow-up discussions with business unit leadership.

5. May ensure that grants, clinical trials and other revenue and expense driven projects and streams are properly monitored, credited and reports are prepared.

6. Prepare and submit purchase orders, contracts, change orders, invoices, check requests, petty cash vouchers, travel requests and travel vouchers, fund transfers and HRTS transactions as necessary.

7. Recommend and implement approved changes for efficiencies, documenting those procedures.

8. May mentor, train or oversee more junior staff.

9. May input and review faculty/staff payroll and maintain appropriate records.

10. May review Time and Effort reports for faculty and staff, prepare accruals and recharges for upload monthly general ledger updates.

11. Performs other related duties.

12. Liaison to external medical organizations such as UHC, AAMC, MGMA for faculty productivity benchmarking

13. Develop financial reports and distribute to Dept Chair, chiefs, and administrators with aim to improve inefficiency and profitability. Accountable for those metrics.

Requirements:

1. Minimum: N/A; Preferred: Bachelor’s; Actual: Bachelor’s degree in Accounting or an equivalent combination of education and experience

2. Previous Experience:

- 5+ years of Finance or relevant experience.

- Strong knowledge of accounting principles and practices.

- Familiarity with compiling financial reports reflecting financial status and operating procedures of organizations.

- Very good written and oral communication skills.

- Attention to detail.

Who We Are:

Over 43,000 employees strong, the mission of the Mount Sinai Health System is to provide compassionate patient care with seamless coordination and to advance medicine through unrivaled education, research, and outreach in the many diverse communities we serve.

Formed in September 2013,The Mount Sinai Health System combines the excellence of the Icahn School of Medicine at Mount Sinai with eight premier hospital campuses, including Mount Sinai Beth Israel, Mount Sinai Brooklyn, The Mount Sinai Hospital, Mount Sinai Queens, Mount Sinai Morningside, Mount Sinai West, and New York Eye and Ear Infirmary of Mount Sinai, and Mount Sinai South Nassau.

The Mount Sinai Health Systemis committed to the tenets of diversity and workforce that are strengthened by the inclusion of and respect for our differences. We offer our employees a highly competitive compensation and benefits package, a 403(b) retirement plan, and much more.

The Mount Sinai Health System is an equal opportunity employer. We promote recognition and respect for individual and cultural differences, and we work to make our employees feel valued and appreciated, whatever their race, gender, background, or sexual orientation.

EOE Minorities/Women/Disabled/Veterans

Job Type: Full-time

Pay: $80,000.00 - $82,000.00 per year

Benefits:

• Health insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Application Question(s):

• 5+ years of finance or relevant experience.
• Strong knowledge of accounting principles and practices preferred.

Education:

• Bachelor's (Preferred)

Work Location: One location

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