Mount Sinai Hospital

Financial Manager I- Immunology and Immunotherapy

Mount Sinai Hospital • $88K — $105K *
New York, NY 10025In-Person
Healthcare
5 - 7 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree required, Master's degree preferred
  • 5+ years of relevant experience in financial management
  • Proficient in financial analysis and reporting
  • Strong knowledge of budgeting and payroll processes
  • Experience overseeing financial operations in complex organizations
  • Familiarity with revenue cycle management and grant submissions

Responsibilities

  • Manage and deliver the business plan for the department
  • Ensure daily financial operations, including payroll and reporting, are effectively handled
  • Develop business plans for new academic hires as needed
  • Prepare and monitor salary and supply budgets
  • Compile and analyze financial reports on productivity and profit/loss
  • Identify revenue collection problems and propose solutions
  • Oversee support staff and approve operational requests

Benefits

  • Comprehensive health insurance
  • Retirement savings plan options
  • Generous paid time off and holiday schedule
  • Opportunities for professional development and training
  • Collaborative work environment with a focus on innovation
Full Job Description
Job Description

The Financial Manager I has oversight of all financial and related activities for a large and complex institute, department, center or unit. Manages departmental financial office; performs analyses to identify revenue collection problems and other trends.

Responsibilities

  • Responsible for overall management and delivery of the business plan. Financial analysis and creation of reports as requested by department administrator or chairman as applicable.
  • Ensures that the day-to-day financial operations of the department, center or unit, including payroll, month-end reporting, accounts payable activities are handled.
  • Develops business plans for new academic hires, if applicable to department and position.
  • Prepares salary and supply budgets and monitors accounts payable and receivable.
  • Compiles productivity, compliance and profit/loss reports.
  • Analyzes revenues to identify collection problems, billing issues and other trends.
  • May be well versed and take proactive role in the revenue cycle, which includes all administrative and clinical functions that contribute to the capture, management and collection of patient service revenue, including overseeing those who may counsel patients on how best to meet their financial obligations
  • Reviews all departmental accounts as applicable.
  • Reviews processes and makes recommendations to implement effective changes in procedures and policies.
  • Ensures all grant and IRB submission deadlines are met.
  • Oversees Administrator Assistants, Coordinators, Financial Specialists and other support staff depending on department.
  • Approves all travel, check and purchase order requests; initiates Human Resources transactions and follows up.
  • Assists with special projects and provides analytical support.
  • Performs other related duties.


Qualifications

  • Bachelors degree required, Masters degree preferred
  • 5 years of directly related experience


About Mount Sinai Hospital

Mount Sinai Hospital is a hospital network based in New York City. It was founded in 1852 and is one of the oldest and largest teaching hospitals in the United States. The hospital has been ranked among the top hospitals in the country by U.S. News & World Report and is known for its excellence in patient care, research, and education. Mount Sinai Hospital is affiliated with the Icahn School of Medicine at Mount Sinai and has a staff of over 7,000 physicians, nurses, and other healthcare professionals.
Learn more about Mount Sinai Hospital
Size
42,000 employees
Industry
Healthcare
Founded
1997
* Ladders Estimates

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