Senior Financial Analyst-MSM- FT Days
New York City, NY - USA
Department:
Job Summary
The Senior Financial Analyst is responsible for the evaluation of current and future operational and financial practices development of new systems and/or processes developing policies and procedures to achieve desired financial and operational goals in a business unit such as an institute department or division.
Responsibilities
1. Monitors monthly budget fund and or/general ledgers for the department or business unit within the School or Hospital; provides variance analysis.
2. Analyzes the revenue cycle and revenue stream for the business unit and assists in developing feasibility and profitability analysis and/or business plans for new and existing programs including new faculty recruitment and revenue capture.
3. Communicates with accounting staff to obtain variance explanations to alert them to wire transfers and to ensure that revenue and expenses are captured properly.
4. Prepares regular and ad hoc reports and participates in follow-up discussions with business unit leadership.
5. May ensure that grants clinical trials and other revenue and expense driven projects and streams are properly monitored credited and reports are prepared.
6. 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.
7. Recommend and implement approved changes for efficiencies documenting those procedures.
8. May mentor train or oversee more junior staff.
9. May input and review faculty/staff payroll and maintain appropriate records.
10. May review Time and Effort reports for faculty and staff prepare accruals and recharges for upload monthly general ledger updates.
11. Liaison to external medical organizations such as UHC AAMC MGMA for faculty productivity benchmarking
12. Develop financial reports and distribute to Dept Chair chiefs and administrators with aim to improve inefficiency and profitability. Accountable for those metrics.
13. Performs other related duties
Qualifications
- Bachelors degree in Accounting or an equivalent combination of education and experience
- 5 Years of experience in Finance or a related field
Compensation Statement
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 $64256.72 - $89843.00 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.
Non-Bargaining Unit BKQ - Site Administration - STL Mount Sinai St. Lukes
Required Experience:
Senior IC
About Company
Strength through Unity and Inclusion The Mount Sinai Health System is committed to fostering an environment where everyone can contribute to excellence. We share a common dedication to delivering outstanding patient care. When you join us, you become part of Mount Sinai’s unparalleled ... View more