Grants & Sponsored Projects Accountant

Mount Sinai; United States; On-site; USD 65,000 - 90,000; Full time

Job summary

Mount Sinai seeks a Sponsor Project Accountant to ensure expenditures on grants and contracts comply with government and institutional policies and the terms of the award.

The role involves reviewing portfolios, approving transactions, comparing budgets to actuals, and ensuring data integrity through rigorous reporting and reconciliations. A Bachelor's degree in Accounting and 0-1 year of accounting experience are required, auditing experience is desired.

Qualifications

• Bachelor's degree in Accounting is required.
• 0-1 year of accounting experience.
• Auditing experience desired.

Responsibilities

• Review grants and contracts portfolio according to sponsor and school policies.
• Review and approve all transactions for each grant/contract.
• Compare salary/effort charged to grants/contracts to approved budgets.
• Ensure cost allocations between grants based on a reasonable methodology.
• Collect and analyze data relating to grants and contracts to detect non-compliance.
• 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.
• Prepare, examine, or analyze accounting records and reports for accuracy and conformance.
• Review accounts for discrepancies and reconcile differences.
• Prepare adjusting journal entries.
• Analyze grant budgets, costs, revenues, commitments and obligations to show correct status.
• Report to management and principal investigators regarding grant finances.
• Analyze grant budgets and expenditures, and prepare variance reports.
• Prepare annual and other required financial reports and meet deadlines.
• Undertake other special projects as needed.

Education

Bachelor's degree in Accounting

Job description

Mount Sinai seeks a Sponsor Project Accountant to ensure expenditures on grants and contracts comply with government and institutional policies and the terms of the award.

The role involves reviewing portfolios, approving transactions, comparing budgets to actuals, and ensuring data integrity through rigorous reporting and reconciliations. A Bachelor's degree in Accounting and 0-1 year of accounting experience are required, auditing experience is desired.