FINANCIAL ANALYST II - GENETICS

Job Description

Strength Through Diversity

Ground breaking science. Advancing medicine. Healing made personal.

 
Roles & Responsibilities:

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

 

  • Develops, maintains, and analyzes monthly reports that compare budgeted costs to actual costs, for department including clinical trials and grants if applicable. Provide variance analysis.
  • Communicates with staff/faculty to obtain variance explanations; alert accounting team to wire transfers and to ensure that revenue and expenses are captured properly, including accruals as appropriate.
  • Maintains and reviews faculty/staff Time and Effort reports; track variance to budget
  • Tracks and coordinates the outstanding seed/strategic commitments made to various faculty within the department.
  • Assists in business plan development for new faculty recruitment.
  • Assists in the development of annual budgets for the department, including all detail schedules, for revenue, expense and capital budgets, tuition, royalties, indirect cost recovery, endowment income and other items.
  • Develops periodic financial reports and distribute to Dept Chair, chiefs, and administrators with aim to improve efficiency and profitability.
  • Analyzes business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses.
  • Prepares ‘ad-hoc’ Budget and other Financial Presentations reports and supporting financial analysis.
  • Assists with ensuring compliance with financial policies including deficit management, departmental financial break-even goals and coding.

Requirements:
  • Bachelor’s degree in Accounting or an equivalent combination of education and experience
  • 2-4 years of Finance or relevant experience
  • Hospital system or Academic institution experience preferred
  • Strong knowledge of accounting principles and practices

  • Attention to detail

  • Very good written and oral communication skills

  • Advanced excel proficiency – MUST HAVE (nested formulas, pivot tables, etc.)

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

Strength Through Diversity

The Mount Sinai Health System believes that diversity is a driver for excellence. We share a common devotion to delivering exceptional patient care. Yet we’re as diverse as the city we call home- culturally, ethically, in outlook and lifestyle. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education and advancement as we revolutionize medicine together.
 
We work hard to acquire and retain the best people, and to create a welcoming, nurturing work environment where you can develop professionally. We share the belief that all employees, regardless of job title or expertise, can make an impact on quality patient care. 

Explore more about this opportunity and how you can help us write a new chapter in our story! 

Who We Are

Over 38,000 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 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

 

for Live Chat Click Here