Job DescriptionThe 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
- Bachelors degree in Accounting.
- 0-1 year experience in Accounting; Auditing experience is desired.
About Us
Strength Through Diversity The Mount Sinai Health System believes that diversity, equity, and inclusion are key drivers for excellence. We share a common devotion to delivering exceptional patient care. When you join us, you become a part of Mount Sinai's unrivaled record of achievement, education, and advancement as we revolutionize medicine together. We invite you to participate actively as a part of the Mount Sinai Health System team by:
- Using a lens of equity in all aspects of patient care delivery, education, and research to promote policies and practices to allow opportunities for all to thrive and reach their potential.
- Serving as a role model confronting racist, sexist, or other inappropriate actions by speaking up, challenging exclusionary organizational practices, and standing side-by-side in support of colleagues who experience discrimination.
- Inspiring and fostering an environment of anti-racist behaviors among and between departments and co-workers.
At Mount Sinai, our leaders strive to learn, empower others, and embrace change to further advance equity and improve the well-being of staff, patients, and the organization. We expect our leaders to embrace anti-racism, create a collaborative and respectful environment, and constructively disrupt the status quo to improve the system and enhance care for our patients. We work hard to create an inclusive, welcoming and nurturing work environment where all feel they are valued, belong and are able to advance professionally. Explore more about this opportunity and how you can help us write a new 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 43,000 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 approximately 7,400 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 and top 20 in Cardiology/Heart Surgery, 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. 14 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. The Mount Sinai Health System is an equal opportunity employer. We comply with applicable Federal civil rights laws and does not discriminate, exclude, or treat people differently on the basis of race, color, national origin, age, religion, disability, sex, sexual orientation, gender identity, or gender expression. We are passionately committed to addressing racism and its effects on our faculty, staff, students, trainees, patients, visitors, and the communities we serve. Our goal is for Mount Sinai to become an anti-racist health care and learning institution that intentionally addresses structural racism.
EOE Minorities/Women/Disabled/Veterans