Sponsor Project Accountant – Grants and Contracts

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, comprising over 48,000 employees across numerous hospitals, practices, and labs. This position plays a critical role in ensuring financial compliance for all grant and contract expenditures, directly supporting the system’s mission to advance health through research and patient care. The Accountant upholds the integrity of financial operations essential for transforming healthcare and fostering medical innovation.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person New York, NY
• Pay: $58661–$74250 annually
• Mission: Ensure all expenditures charged to grants and contracts comply with government, institutional policies, regulations, and award terms and conditions.

What You’ll Actually Do
• Compliance Review: Review and approve all transactions for each grant and contract to ensure compliance with Sponsor’s and School’s policies and procedures.
• Data Analysis: Collect and analyze data relating to grants and contracts to detect non-compliance with laws, regulations, and management policies, including comparing salary/effort to approved budgets.
• Financial Reporting: Prepare, examine, or analyze accounting records, financial transactions, and reports to assess accuracy, completeness, and conformance to award terms and Sponsor’s reporting standards.
• Reconciliation and Adjustments: Review accounts for discrepancies, reconcile differences, and prepare adjusting journal entries.
• Financial Projection and Reporting: Analyze grant budget, costs, revenues, and obligations to project the correct status of grant accounts, and report findings to management, department administrators, and principal investigators.

The Must-Haves
• Background: Bachelor’s degree in Accounting.
• Experience: 0-1 year experience in accounting.
• Skills: Knowledge of accepted accounting procedures, financial data analysis, financial transaction examination, report preparation, and compliance with government/institutional policies and regulations.
• Bonus: 1 year of Accounting/Auditing experience is desired.