NYC Health + Hospitals

Director of Finance

NYC Health + Hospitals$120K — $150K *
Bronx, NY 10467In-Person
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in Accounting, Finance, Business Administration or related discipline with emphasis on accounting and financial systems, plus 4 years of relevant fiscal management experience, 3 of which in managerial capacity.
  • Bachelor's degree in disciplines mentioned above with 5 years of relevant experience, 3 of which in a managerial role.
  • Demonstrated knowledge of total accounting and financial management theory and practice.
  • Strong understanding of financial systems and management information controls.
  • Experience with both fiscal management and administrative responsibilities.

Responsibilities

  • Plan, direct and coordinate all accounting operations for accurate financial transactions.
  • Ensure timely receipt and disbursement of funds with complete record keeping.
  • Oversee preparation and distribution of accounting machine processes and support.
  • Develop financial reports and cost analysis from actual data and operating statistics.
  • Establish and administer accounting procedures for all operational phases.
  • Coordinate financial management efforts with Central Office and health care controllers.
  • Consult with government and industry representatives to ensure adequate reimbursement rates.
  • Control reconciliation of bank accounts and track capital expenditures.

Benefits

  • Comprehensive Health Benefits for employees working 20+ hours weekly.
  • Retirement Savings and Pension Plans offered.
  • Paid Holidays and Vacation per collective bargaining agreements.
  • Loan Forgiveness Programs for eligible employees.
  • Tuition discounts and professional development opportunities.
  • College Savings Program available.
  • Union Benefits for eligible titles.
  • Employee discounts programs and commuter benefits.
Full Job Description
Work Shifts

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

Duties & Responsibilities

Purpose of Position:

Under direction of the Comptroller, plans, directs and controls the receipt, posting, processing and distribution of invoices and other supporting documents for all accounting transactions and provides systematic and regular reports and analysis to show current status of financial condition of NYC Health + Hospitals or health care setting, and maintains books of accounts to meet the needs of the System. Directs organizational sectors in accounting, fiscal and financial areas such as accounts payable, health care setting management and cost reporting systems, payroll accounts, special accounts, 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. 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. Plans, directs and coordinates accounting operations to ensure accurate and timely receipts, disbursements, management and cost reports and other accounting and financial services, including the installation and direction of maintenance of books of accounts.
2. Ensures accurate financial controls over the financial operations and maintains complete and adequate records for recording all financial transactions and the issuance of periodic reports therefrom.
3. Ensures the complete and accurate preparation for accounting machine processing, recording and distribution and provides for accounting machine support for processing all accounting transactions.
4. Develops specific financial reports from accumulated actual data, provides cost analysis and reports for special variable situations using operating statistics.
5. Establishes and administers procedures pertaining to all phases of accounting and provides services pertaining to all areas and departments.
6. Coordinates the efforts of health care setting Controllers with Central Office to ensure efficient and economic financial management.
7. Consults with representatives of government and industry in representing NYC Health + Hospitals to ensure efficient and adequate reimbursement rates and to strengthen relationships as necessary.
8. Controls the reconciliation of the System's Bank Accounts and maintains complete accounting for Capital Budget expenditures.
9. Establishes a system of reports for guidance of NYC Health + Hospitals financial management and health care setting financial officers in the operation of authorized financial and accounting systems. Directs staff in operations relating to financial data books, ledgers, records and reports needed to account for and records the results of operations and assets of the System and its subsidiaries.
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 four (4) years of responsible-level experience in fiscal management or administration with an emphasis on financial systems, management information and controls, three (3) years of which must have been in responsible administrative or managerial capacity; or
2. Bachelor's degree from an accredited college or university in disciplines, as listed in "1" above; and five (5) years of experience, as described in "1" above, three (3) years of which must have been in a responsible administrative or managerial capacity.

Department Preferences

Knowledge of total accounting and financial management both in systems theory and practice

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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