DescriptionPosition Title:
Financial Analyst II (Financial Planning & Analysis)-Financial Administration-Mount Sinai Hospital-Full Time-Days
Position Summary:
The Financial Analyst II collects, organizes and provides day to day analytical activities and functions related to the planning, budgeting and administrative functions for the department. Provides administrative services and analytical support to management.
Responsibilities
- Collecting, monitoring, analyzing, and studying financial data.
- Monitors monthly budget, fund and or/general ledgers for clinical departments or business units 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 managers, Finance Directors and department administrators over actual variances from approved budgets.
- Assist in business plan development and logistical planning for new faculty recruitment.
- May ensure that revenue and expense driven projects are properly monitored and tracked 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 HR transactions as necessary.
- Produces regular and adhoc reports from various systems including accounting, productivity, billing and cost accounting systems.
- May train new staff on analytical tools and systems.
- May input and review payroll and record maintenance.
- May prepare accruals for upload monthly general ledger updates.
- May assist in analyzing payments by insurance providers in determining revenue streams.
- Performs other related duties.
Qualifications
- Bachelor’s degree business, accounting or management or an equivalent combination of education and experience
- 4-5 years’ experience in Finance or Master’s Degree in Health related business program.
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 $66,482.07 - $89,842.50 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.