7 years of directly related experience in financial management.
Strong analytical skills for financial reporting and trend analysis.
Experience managing large budgets and financial initiatives.
Proficiency in revenue cycle management and billing processes.
Responsibilities
Manage and deliver the overall business plan for the department.
Ensure smooth day-to-day financial operations, including payroll and accounts payable.
Develop business plans for new academic hires as needed.
Prepare and monitor salary and supply budgets, along with accounts payable and receivable.
Compile productivity and compliance reports, including profit/loss analysis.
Analyze revenue streams to identify collection and billing issues.
Oversee and train financial staff on departmental processes and procedures.
Benefits
Opportunity to lead financial operations in a large, complex institute.
Engagement in diverse financial initiatives, including grants and patient revenue.
Potential for professional growth through special projects and analytical support.
Collaborative work environment with a focus on training and development.
Involvement in strategic planning for new academic hires.
Full Job Description
Job Description
The Financial Manager II has oversight of all financial and related activities for a large, complex institute, department or division, having multiple financial initiatives, including large grants, patient revenue and the management of a significant budget. 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 a 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 staff, ensuring that they are appropriately trained in workflow processes and procedures, specific to the department.
Approves all travel, check and purchase order requests; initiates Human Resources transactions and follows up.
Assists with or leads special projects and provides analytical support.
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.
