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Financial Analyst II (Financial Planning & Analysis)-Financial Administration-Mount Sinai Hospital-Full Time-Days

$66.48k - $89.84k

Mount Sinai Health System

Description

Position 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.
Employer Description

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.

Compensation

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 $66482.07 - $89842.5 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.

Vacancy posted 22 days ago
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