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The Department of Psychiatry is a vibrant community of clinicians, researchers, educators, and trainees committed to discovering the causes of and treatments for mental and emotional disorders. We are ranked among the nation’s top psychiatry departments for funding from NIH. We are looking for a talented, enthusiastic and self-motivated individual to join our team as a Senior Financial Analyst.
The Senior Financial Analyst is a key resource in the Department of Psychiatry, providing budgetary and administrative oversight in the financial management of awarded research grants and contracts. S/he works with closely with research investigators and members of the administrative team to ensure the fiscal health of research funds for various research teams in the Department and also assists with various special projects.
With the Department Administrator, the Senior Financial Analyst is responsible for the evaluation of current and future operational and financial practices, development of new systems and/or processes, development of policies and procedures to achieve desired financial and operational goals for the Department’s research program.
- Monitors monthly budget, fund and or/general ledgers for assigned funds in the Department’s Research program; provides variance analysis.
- Ensures that grants, clinical trials and other revenue and expense driven projects and streams are properly monitored.
- Communicates with accounting staff to obtain variance explanations, to alert them to wire transfers and to ensure that revenue and expenses are captured properly.
- 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.
- Analyzes the revenue cycle and revenue stream for the research program and assists in developing feasibility and profitability analysis and/or business plans for new and existing programs, including new faculty recruitment and revenue capture.
- Prepares regular and ad hoc reports and participates in follow-up discussions with business unit leadership.
- Recommend and implement approved changes for efficiencies, documenting those procedures.
- May mentor, train or oversee more junior staff.
- Performs other related duties
Strong candidates will have administrative experience in an academic or research-oriented environment and possess the motivation and organizational skills needed to contribute in a cutting edge research environment. Applicants are expected to have a strong background in accounting/finance principles and practices, excellent written and oral communication skills, and exceptional attention to detail. Other qualifications include:
- Bachelors Degree in Finance, Accounting, Business, Public Administration, Health Policy Administration, or Other Related Field
- Familiarity with compiling financial reports reflecting financial status and operating procedures of organizations.
- Highly organized with a focus on teamwork and creating usable and accessible administrative tools
- Excellent communication and ability to work effectively with all levels of staff and management
- 5-7 years experience in Finance or related field. Previous experience in an academic research environment a plus
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!
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.