JobsAccountantNew YorkAccountant - Sponsored Projects Accounting
Mount Sinai Health System
Posted 4 days ago
Accountant - Sponsored Projects Accounting
Mount Sinai Health System · New York, New York, United States
In short
The accountant is responsible for ensuring all grant and contract expenditures comply with government and institutional policies. They will review financial transactions, analyze budgets, and prepare reports to ensure data integrity and adherence to award terms.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
The position requires a Bachelor's degree in Accounting. Candidates should have 0-1 year of accounting experience, with auditing experience being preferred.
About Mount Sinai Health System
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Questions about this role
- Is this Mount Sinai Health System role remote?
- Tagged on site.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 0-2 years.
The posting, in full
The Sponsor Project Accountant is responsible for ensuring all expenditures charged to grants and contracts comply with the Government and institutional policies, regulations and the terms and conditions of the award. The accountant must ensure the expenses are allowable, reasonable, allocable to the project and properly approved according to the Sponsor’s and School’s policies and
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- The Sponsor Project Accountant is responsible for ensuring all expenditures
- charged to grants and contracts comply with the Government and institutional
- policies, regulations and the terms and conditions of the award. The accountant
- must ensure the expenses are allowable, reasonable, allocable to the project and
- properly approved according to the Sponsor’s and School’s policies and
- procedures.
RESPONSIBILITIES
- Review grants and contracts portfolio.
- Review and approve all transactions for each grant/contract according to the
Sponsor's and School's policies and procedures.
- Compare salary/effort charged to grants/contracts to approved award budget.
- Ensure cost allocations between grants for closely related work are allocated
based on a reasonable and approved methodology.
- Collect, and analyze data relating to grants and contracts to detect
non-compliance with laws, regulations, and management policies.
- Inspect account books for accuracy and use of accepted accounting procedures
to record expenditures.
- Examine and evaluate financial data to ensure data integrity.
- Inspect cash on hand for grant accounts, and Sponsor’s payment schedule to
confirm records are accurate. Follow up on outstanding receivables.
- Prepare, examine, or analyze accounting records, financial transactions and
- reports to assess accuracy, completeness, and conformance to award terms and
- conditions and Sponsor’s reporting standards.
- Review accounts for discrepancies and reconcile differences.
- Prepare adjusting journal entries.
- Analyze grant budget, costs, revenues, financial commitments, and obligations
to project the correct status of grant accounts.
- Report to management, department administrators, and the principal
investigators regarding the finances of the grant.
- Analyze grant budget and expenditures, and prepare reports that compare
budgeted costs to actual costs.
- Analyze and prepare annual and other required financial reports, variance
- analysis and other records, using accepted accounting methods to meet
- reporting deadlines and facilitate financial planning.
- Other special projects/responsibilities assigned as needed.
QUALIFICATIONS
- Bachelor's degree in Accounting.
- 0-1 year experience in accounting. Auditing experience desired.
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 legacy of achievement, education, and innovation as we work
- together to transform healthcare. We encourage all team members to actively
- participate in creating a culture that ensures fair access to opportunities,
- promotes inclusive practices, and supports the success of every individual.
- At Mount Sinai, our leaders are committed to fostering a workplace where all
- employees feel valued, respected, and empowered to grow. We strive to create an
- environment where collaboration, fairness, and continuous learning drive
- positive change, improving the well-being of our staff, patients, and
- organization. Our leaders are expected to challenge outdated practices, promote
- a culture of respect, and work toward meaningful improvements that enhance
- patient care and workplace experiences. We are dedicated to building a
- supportive and welcoming environment where everyone has the opportunity to
- thrive and advance professionally. Explore this opportunity and be part of the
- next chapter in our history.
About the Mount Sinai Health System
- Mount Sinai Health System is one of the largest academic medical systems in the
- New York metro area, with more than 48,000 employees working across eight
- hospitals, more than 400 outpatient practices, more than 300 labs, a school of
- nursing, and a leading school of medicine and graduate education. Mount Sinai
- advances health for all people, everywhere, by taking on the most complex health
- care challenges of our time — discovering and applying new scientific learning
- and knowledge; developing safer, more effective treatments; educating the next
- generation of medical leaders and innovators; and supporting local communities
- by delivering high-quality care to all who need it. Through the integration of
- its hospitals, labs, and schools, Mount Sinai offers comprehensive health care
- solutions from birth through geriatrics, leveraging innovative approaches such
- as artificial intelligence and informatics while keeping patients’ medical and
- emotional needs at the center of all treatment. The Health System includes more
- than 9,000 primary and specialty care physicians; 13 joint-venture outpatient
- surgery centers throughout the five boroughs of New York City, Westchester, Long
- Island, and Florida; and more than 30 affiliated community health centers. We
- are consistently ranked by U.S. News & World Report's Best Hospitals, receiving
- high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics, top 5 in
- Cardiology/Heart Surgery, and top 20 in Diabetes/Endocrinology,
- Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics,
- Pulmonology/Lung Surgery, Rehabilitation, and Urology. New York Eye and Ear
- Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology. U.S. News & World
- Report’s “Best Children’s Hospitals” ranks Mount Sinai Kravis Children's
- Hospital among the country’s best in several pediatric specialties. The Icahn
- School of Medicine at Mount Sinai is ranked No. 11 nationwide in National
- Institutes of Health funding and in the 99th percentile in research dollars per
- investigator according to the Association of American Medical Colleges.
- Newsweek’s “The World’s Best Smart Hospitals” ranks The Mount Sinai Hospital as
- No. 1 in New York and in the top five globally, and Mount Sinai Morningside in
- the top 20 globally.
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.
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