Grants & Sponsored Projects Accountant

Mount Sinai; New York, Northern (NY, KY); Hybrid; USD 59,000 - 74,000; Full time

Job summary

Mount Sinai seeks a Sponsor Project Accountant to ensure grant and contract expenditures comply with government and institutional policies and award terms. The role emphasizes allowable, reasonable, and allocable costs, with proper approvals according to policy.

The position involves reviewing grants, approving transactions, reconciling accounts, preparing financial reports, and supporting management with accurate analysis of budgets and expenditures for multiple awards at Mount Sinai Health

Qualifications

• Bachelor's degree in Accounting.
• 0 - 1 year experience in accounting; auditing experience desired.

Responsibilities

• Review grants and contracts portfolio.
• Review and approve all transactions for each grant/contract according to policies.
• Compare salary/effort charged to grants/contracts to approved award budget.
• Ensure cost allocations between grants are allocated based on a reasonable methodology.
• Collect and analyze data relating to grants and contracts to detect non-compliance with laws and policies.
• Inspect account books for accuracy and use of accepted accounting procedures.
• Examine and evaluate financial data to ensure data integrity.
• Inspect cash on hand for grant accounts and Sponsor’s payment schedule; follow up on receivables.
• Prepare, examine or analyze accounting records, transactions and reports for accuracy and conformance to terms.
• Review accounts for discrepancies and reconcile differences.
• Prepare adjusting journal entries.
• Analyze grant budget, costs, revenues, commitments and obligations to project the correct grant status.
• Report to management and investigators regarding grant finances.
• Analyze grant budget and expenditures and prepare budget vs. actual reports.
• Prepare annual financial reports and variance analysis to meet deadlines and aid planning.

Education

Bachelor's degree in Accounting

Job description

Mount Sinai seeks a Sponsor Project Accountant to ensure grant and contract expenditures comply with government and institutional policies and award terms. The role emphasizes allowable, reasonable, and allocable costs, with proper approvals according to policy.

The position involves reviewing grants, approving transactions, reconciling accounts, preparing financial reports, and supporting management with accurate analysis of budgets and expenditures for multiple awards at Mount Sinai Health