NYC Health + Hospitals

Assistant Director of Finance

NYC Health + Hospitals$80K — $95K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Accounting, Finance, Business Administration, or related field; or Bachelor's degree with more experience.
  • 2 years of managerial experience in fiscal management with an emphasis on financial systems; or 3 years of relevant experience with 1 in management.
  • Knowledge of city budgeting processes, especially capital budgeting.
  • Advanced Microsoft Excel skills; proficiency in Microsoft Office applications.
  • Familiarity with federal and state healthcare regulations, including DSRIP.

Responsibilities

  • Review and coordinate departmental plans and operations for optimal service delivery.
  • Monitor document flow from financial units for accuracy and timeliness.
  • Develop and implement standard operating procedures to streamline workflows.
  • Ensure compliance with operational procedures and recommend improvements.
  • Supervise staff and manage critical document flow points for efficiency.
  • Engage in staff development to meet operational finance needs.
  • Prepare special studies and analyses related to finance and accounting matters.

Benefits

  • Comprehensive health benefits for employees working 20+ hours per week.
  • Retirement savings and pension plans.
  • Paid holidays and vacation per collective bargaining contracts.
  • Loan forgiveness programs for eligible employees.
  • College tuition discounts and professional development opportunities.
  • College savings program.
  • Union benefits for eligible titles.
  • Various employee discount programs.
  • Commuter benefits programs.
Full Job Description
Work Shifts

9:00 A.M - 5:00 P.M

Duties & Responsibilities

Purpose of Position:

Under general supervision of the Deputy Director of Finance, plans, initiates, monitors, directs and coordinates finance programs including areas such as accounts payable, health care setting management and cost reporting systems, payroll, special accounting, internal and external financial reports, data control, affiliation accounting, asset control, cash receipts, cash disbursements, daily investment of idle cash funds, general accounting and capital accounting. Coordinates the efforts of staff members in initiating and completing work assignments within the framework of departmental objectives and priorities to ensure the accurate, timely and systematic flow of documents and reports for the provision of necessary financial services. Acts in compliance with all applicable governmental laws, rules and regulations and other applicable external regulatory requirements and/or guidelines.

Essential Duties and Responsibilities:
  1. Reviews and coordinates plans, activities, programs, practices and operations within the department to determine if operational functions are best servicing needs.
  2. Monitors document flow from health care setting financial units for timeliness, completeness and accuracy.
  3. Initiates and implements standard operating procedures and new accounting systems to simplify work load and improve flow of accounting and finance.
  4. Reviews operational procedures in compliance with authorized systems; implements changes necessary to stave off deterioration of their effectiveness, and recommends and guides the installation of improved procedures for efficient operation of current health care setting financial systems.
  5. Provides general supervision including the general direction and review of staff personnel, and determines critical document flow points, and recommends solutions to affect resolution of stoppages or delayed processing.
  6. Engages in the development and maintenance of staff personnel at a level to fulfill operational needs of finance, accounting and systems requirements.
  7. Prepares special studies and analysis relevant to finance and accounting matters.
  8. Develops and maintains a system of reports for the guidance of NYC Health + Hospitals financial management and health care setting controllers in the operation of authorized financial and accounting systems, and supervises on a current basis all financial data books, ledgers, records and reports needed to account for and record the results of operations and assets of the System and its subsidiaries.
  9. Participates in staff conferences, attends various meetings with key personnel of other NYC Health + Hospitals offices and outside agencies.
  10. Performs other related duties, as directed.


Minimum Qualifications

  1. Master's degree from an accredited college or university in Accounting, Finance, Business Administration or a related discipline with an emphasis on accounting and financial systems; and two (2) years of responsible-level experience in fiscal management or administration with an emphasis on financial
    systems, management information and controls, one (1) year of which must have been in a responsible administrative or managerial capacity; or
  2. Bachelor's degree from an accredited college or university in disciplines, as listed in "1" above; and three(3)years of experience, as described in "1" above, one (1) year of which must have been in a responsible administrative or managerial capacity.


Department Preferences

Educational Level:
  • A master's degree in public administration or business administration, or in an equivalent or equally acceptable program.

Years of Experience:
  • Four (4) years of paid experience in a major governmental agency or large corporation or foundation in budgeting and/or financial analysis

Knowledge, Skills, Abilities and other Requirements:
  • Knowledgeable in City budget planning process, capital budgeting in particular;
  • Ability to organize one's portfolio and prioritize responsibilities; handle multiple tasks with ease, and complete tasks and projects on time and with high quality;
  • Ability to function proactively and independently;
  • Excellent written and oral presentation skills, delivery of well-structured messaging with coherent arguments and summaries to various stakeholders;
  • Willingness and ability to investigate matters independently as well as the awareness to escalate issues to supervisors when necessary;
  • Comfortable with constantly interacting with multiple internal and external stakeholders to request for information;
  • Attention to detail;
  • Demonstrate advanced-level skills in Microsoft Excel;
  • Prior experience with City Capital budget planning;
  • Working knowledge of federal and state healthcare initiatives and regulations, including the DSRIP Program.
  • Proficiency in Microsoft Office applications including Excel, Word, Outlook, and PowerPoint;
  • Proficiency in Windows and Internet use required.


Benefits

NYC Health and Hospitals offers a competitive benefits package that includes:
  • Comprehensive Health Benefits for employees hired to work 20+ hrs. per week
  • Retirement Savings and Pension Plans
  • Paid Holidays and Vacation in accordance with employees' Collectively bargained contracts
  • Loan Forgiveness Programs for eligible employees
  • College tuition discounts and professional development opportunities
  • College Savings Program
  • Union Benefits for eligible titles
  • Multiple employee discounts programs
  • Commuter Benefits Programs


If you wish to apply for this position, please apply online by clicking the "Apply for Job" button.

About NYC Health + Hospitals

NYC Health + Hospitals is a healthcare system that provides medical care to residents of New York City. The system was founded in 1969 and is headquartered in New York, New York. NYC Health + Hospitals has a network of hospitals, clinics, and other healthcare facilities throughout the city. The system provides a wide range of medical services, including primary care, specialty care, and emergency care. NYC Health + Hospitals is committed to providing high-quality, affordable healthcare to all New Yorkers, regardless of their ability to pay.
Learn more about NYC Health + Hospitals
Size
42,000 employees
Industry
Net Income
-$500,000
5 Year Trend
-10%
Revenue
$7 billion

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