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.QualificationsBachelors degree in Accounting.0-1 year experience in Accounting. Auditing experience desired.ResponsibilitiesReview 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.Equal Opportunity EmployerThe 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 StatementMount Sinai Health System (MSHS) provides a salary range to comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $58,661 - $74,250 Annually. Actual salaries depend on a variety of factors, including experience, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.#J-18808-Ljbffr