Mount Sinai Careers
ACCOUNTANT - CENTRAL BUDGET ADMINISTRATION
The Mount Sinai Health System
The Mount Sinai Health System’s commitment to excellence extends beyond delivering world-class health care. The System’s ongoing success is dependent upon our highly motivated, nonclinical professionals working to improve business operations. Our leadership team is driven to provide exceptional service by cultivating a workforce that is dedicated to upholding Mount Sinai’s mission of delivering innovative, breakthrough medicine with compassion and integrity.
Are you ready to discover the world of limitless possibilities that comes with wearing the badge? Explore more about this opportunity and how you can help us write a new chapter in our story of unrivaled patient care!
The Accountant reports to the Asst. Director and
works in conjunction with financial analyst and related personnel on department
financial activity, and recommends changes to ensure accuracy and efficiency.
There will also be collaboration and interaction with the CFO/Senior Vice
President of Finance, the Associate Dean for Operations and Dean’s office
budget staff. Cross-functional responsibilities may include, and
are not limited to, gift pipeline, capital and depreciation projects, cash and
investments, and other ad-hoc projects as needed.
- Assists in the development of annual budget process for the School of Medicine in various activities, including: 1) Reporting and Analyzing the operating results of various departments within the School, 2) Communicating with various departmental personnel regarding variances, 3) quantifying, tracking and controlling the fund flows for institutional and philanthropic support for departmental strategic initiatives, 4) Collaborating with departmental personnel to co-develop departmental budgets for the subsequent year and 5) compliance reporting, accounting and budget financial oversight of the Member Hospitals such as Mount Sinai Downtown, NYEE, Mount Sinai West and St. Luke’s
- Monthly analysis and review of the monthly financial statements for annual revenue, expense, capital, tuition, royalties, indirect cost recovery, endowment income and other items within the consolidated school of Medicine and provides fluctuation analysis from actual to budget
- Ensuring that communications are made throughout the various accounting areas (including School Accounting, Sponsored Project Accounting and FPA Accounting) to adhere to quality controls
- Monthly follow-up and discussions with department administrators over actual variances from approved budgets
- Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses
- Develops, maintains, and analyzes budgets, preparing periodic reports that compare budgeted costs to actual costs
- Allocates through journal entries, the monthly institutional ‘CARTS’ funding support negotiated with various basic and clinical science departments
- In collaboration with the Dean’s office, tracks and coordinates the outstanding seed/strategic commitments made on behalf of the various departments. Maintains close coordination with gift analyst to ensure sources of funds are not exceeded by scheduled/committed uses
- Assists in developing the School’s global budget, and ensures that all detail schedules are tied and reconciled to global budgets. Ensures that all key personnel in the budget process are continually apprised of any major variances between detail and global budgets
- Proposes changes to budget based on communication with the CFO of the School of Medicine
- Assists with Budget and other Financial Presentations with ‘ad-hoc’ reports and supporting financial analysis
- Assists with ensuring compliance with financial policies including deficit management, departmental financial breakeven goals and coding
- Reviews and analyzes assigned department budget submissions based on historical performance, changes in operations and other relevant factors
- Performs other related duties
What You’ll Bring:
- Bachelor’s degree in Accounting
- Two years minimum experience in Accounting
Do you share our dedication to extraordinary service and have what it takes to wear the badge? Apply now!
Over 35,000 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 seven premier hospital campuses, including Mount Sinai Beth Israel, Mount Sinai Beth Israel Brooklyn, The Mount Sinai Hospital, Mount Sinai Queens, Mount Sinai West (formerly Mount Sinai Roosevelt), Mount Sinai St. Luke’s, and New York Eye and Ear Infirmary of Mount Sinai.
The Mount Sinai Health System is 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.