Sponsor Project Accountant

Job Description

Accountant – Sponsored Projects Accounting | Mount Sinai Morningside

The Tone:
This is a full-time role at Mount Sinai Morningside, located in New York, NY. Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, dedicated to advancing health for all people by delivering high-quality care and education. This role is crucial for ensuring that all expenditures related to sponsored grants and contracts strictly comply with government regulations, institutional policies, and the specific terms of each award, thereby maintaining financial integrity and sponsor trust.

The TL;DR
• Role: Early Career
• Location: In-person New York, NY
• Pay: $58661–$74250 annually
• Mission: Ensure all grant and contract expenditures comply with government and institutional policies and award terms.

What You’ll Actually Do
• Compliance Oversight: Ensure all expenditures charged to grants and contracts align with government regulations, institutional policies, and award terms.
• Transaction Approval: Review and approve financial transactions for grants and contracts, verifying adherence to sponsor and institutional procedures.
• Budget Reconciliation: Compare salary and effort charged to grants against approved award budgets to maintain accurate financial allocations.
• Financial Reporting: Prepare and analyze financial reports, including variance analysis, to assess the financial status of grant accounts.
• Discrepancy Resolution: Identify and reconcile discrepancies in grant accounts and prepare necessary adjusting journal entries.

The Must-Haves
• Background: Bachelor’s degree in Accounting.
• Experience: 0-1 year experience in accounting.
• Skills: Application of accepted accounting procedures, financial data analysis and evaluation, preparation and examination of accounting records and reports, reconciliation of financial discrepancies, analysis of grant budgets and expenditures.
• Bonus: Auditing experience desired.