Financial Analyst II- Oncological Sciences

Mount Sinai Medical Center; New York (NY); On-site; USD 64,526 - 94,100; Full time

Job summary

A healthcare institution in New York seeks a Financial Analyst II to oversee analytical activities related to financial and administrative functions. Responsibilities include budget monitoring, variance analysis, communication with accounting staff, and preparation of financial reports. Candidates should have a bachelor's degree in Accounting and 4-5 years of finance experience. This position offers a salary range of $64,526.72 - $94,100 annually, depending on qualifications and experience.

Qualifications

• Bachelor's degree in Accounting or an equivalent combination of education and experience.
• 4-5 years experience in Finance.

Responsibilities

• Monitors monthly budget, provides variance analysis.
• Communicates with accounting staff for variance explanations and revenue tracking.
• Prepares reports and participates in discussions over budget variances.
• Assists in business plan development for faculty recruitment.
• Ensures proper monitoring of grants and financial projects.
• Prepares and submits various financial documents and transactions.
• May prepare transmittals for checks and cash deposits.
• May input staff payroll and record maintenance.
• May assist in monitoring insurance provider payments.
• Performs other related duties.

Job description

Description

The Financial Analyst II plans, organizes and directs day to day analytical activities and functions related to the fiscal and administrative functions for the department. Provides administrative services and analytical support to management.

Responsibilities

• Monitors monthly budget, fund and or/general ledgers for the department or business unit within the School or Hospital; provides variance 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.
• Prepares regular reports and participates in follow-up discussions with department administrators over actual variances from approved budgets.
• Assist in business plan development and logistical planning for new faculty recruitment.
• May ensure that grants, clinical trials and other revenue and expense driven projects are properly monitored and timely reports are prepared.
• 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.
• 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.
• May input and review staff payroll and record maintenance.
• May prepare accruals for upload monthly general ledger updates.
• May assist in monitoring payments by insurance providers in determining revenue streams.
• Performs other related duties.

Qualifications

• Bachelors degree in Accounting or an equivalent combination of education and experience
• 4-5 years experience in Finance

Equal Opportunity Employer

The Mount Sinai Health System is an equal opportunity employer, complying with all applicable federal civil rights laws. We do not discriminate, exclude, or treat individuals differently based on race, color, national origin, age, religion, disability, sex, sexual orientation, gender, veteran status, or any other characteristic protected by law. We are deeply committed to fostering an environment where all faculty, staff, students, trainees, patients, visitors, and the communities we serve feel respected and supported. Our goal is to create a healthcare and learning institution that actively works to remove barriers, address challenges, and promote fairness in all aspects of our organization.

Compensation

The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $64526.72 - $94100 Annually. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.