The Ohio State University

Manager, Financial Operations - Pathology

The Ohio State University$80K — $110K *
Hospitals & Medical Centers
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Business Administration, or related field; Master's Degree preferred.
  • 5 years of relevant experience required; 8-12 years preferred.
  • Proven leadership skills in financial operations and compliance.
  • Strong analytical skills, particularly in financial reporting and budgeting.
  • Experience managing contracts, billing, and accounts receivable.

Responsibilities

  • Direct and manage all fiscal affairs for the Department of Pathology and clinical practice plan.
  • Develop, implement, and evaluate annual budgets for multiple funds.
  • Oversee faculty compensation and prepare salary budgets for review.
  • Participate in strategic planning and provide financial recommendations for outreach programs.
  • Prepare financial reports and present to department leadership.

Benefits

  • Engagement in strategic departmental decision-making.
  • Strong emphasis on compliance and internal controls.
  • Opportunity for professional growth within academic medicine.
  • Collaboration with leadership in budgeting and forecasting.
  • Dynamic environment with a focus on financial planning initiatives.
Full Job Description
Job Title:
Manager, Financial Operations - Pathology

Department:
Medicine | Pathology

Position Summary

Finance Manager to direct, lead and manage all fiscal affairs for Department of Pathology within College of Medicine(COM), and its clinical practice plan through The Ohio State University Physicians (OSUP) and the Ohio State University Faculty Group Practice (FGP).  Under the direction of the Department Administrator directs and preserves established financial and operational processing environment; ensures adherence to appropriate internal control structures and compliance with established fiscal policies, procedures, regulations and updates as appropriate; participates on executive team in overall management of department and may serve as Department Administrator in his/her absence; participates in short-term and long-term strategic planning activities for department and clinical practice group; develops and implements long-term financial plans and objectives; develops, implements and administers annual budgets including academic, earnings  and practice plan  budgets; oversees and controls departmental funds including operating, endowment, development, salary recovery and research start-up funds; manages and oversees all contracts and agreements, billing and accounts receivable, and accounting activities administration; develops, implements and administers annual budgets; develops, implements and periodically evaluates department fiscal policies and procedures; advises Department Administrator, Department Chair, and Board of Managers of private practice group on strategic and operational financial matters; gathers data and prepares financial reports including Sources and Uses across missions  to include research, endowments and development funds; analyzes, interprets and prepares required OSUP/FGP fiscal reports; presents financial reports and performance indicators to department and clinical practice group leadership and members; recruits, hires and trains fiscal support staff; supervises and evaluates staff; reports to Chief Administrative Officer of Pathology

Job Duties Breakdown

40% - Directs, leads and manages all fiscal affairs for the Department of Pathology and its clinical practice plan under the direction of the Department Administrator; directs and preserves established financial and operational processing environment; ensures adherence to appropriate internal control structures and compliance with established fiscal policies, procedures and regulations; develops and implements long term financial plans and objectives; develops, implements and periodically evaluates department fiscal policies and procedures; advises Department Administrator, Chair, and Board of Managers of the practice group on strategic and operational financial matters; oversees planning and preparation for and participates in internal and external audits; serves as fiscal liaison to the COM and OSUP/FGP.

25% - Develops, implements and administers annual budgets including earnings and academic and practice plan budgets; oversees and controls departmental funds including operating, endowment, development, salary recovery and research start-up funds; manages and oversees all contracts and agreements, billing and accounts receivable, and accounting activities and administration; reviews and authorizes all expenditures, journal entries, income and transfers; analyzes, interprets and reconciles financial reports; identifies discrepancies and determines resolution; reviews pathology research funds and provides financial analysis of potential or actual project overruns; develops and presents quarterly financial reports to department leadership and board of clinical practice group managers; serves as liaison with OSUP/FGP central business office for departmental patient accounts receivables (AR) including main AR, OSU Histology Lab LLC; initiates OSUPS monthly invoices for Part A and URL Part B; oversees preparation of OSUPS contract income and patient revenue budget; prepares OSUPS budgets

20% - Oversees and manages faculty compensation including base salaries, incentives, research bonuses, annual merit compensation and supplemental compensation;  prepares annual faculty salary budget within rank showing sources of funding for Department Chairman review; collaborates with Department Chair and Administrator to determine faculty compensation and salary adjustments; reviews, determines and prepares release time calculations; develops, prepares and monitors research metrics for review by department chair and vice chair of experimental research; prepares faculty productivity model for Department Chairman review; monitors and reviews clinical faculty logging records.

15% - Participates in overall management of department, may serve as Department Administrator in his/her absence; participates in short and long term strategic planning activities for department and clinical practice group; participates in and provides financial recommendation with pathology outreach program initiatives; oversees  management of  OSU Pathology Services (OSUPS) payables and receivables; approves OSUPS cash and investment transfers; oversees financial performance of the OSU Histology Lab LLC; other duties as assigned.

Job Requirements

Bachelor's Degree in Accounting, Business Administration, or related field, or an equivalent combination of education and experience is required; Master's Degree preferred; 5 years relevant experience required, 8-12 years of relevant experience preferred.

Additional Information:

Finance / Financial Operations - People Leader - Managerial - M2 Manager

Location:
Optometry Clinic (1041)

Position Type:
Regular

Scheduled Hours:
40

Shift:
First Shift

About The Ohio State University

The Ohio State University (OSU) is a public research university located in Columbus, Ohio. It was founded in 1870 and is one of the largest universities in the United States, with over 68,000 students enrolled across its main campus and regional campuses. OSU offers a wide range of undergraduate and graduate programs in various fields, including business, engineering, education, law, medicine, and the arts and sciences. The university is known for its strong research programs, particularly in the areas of agriculture, engineering, and medicine. OSU is also home to several museums, including the Wexner Center for the Arts and the Ohio State University Museum of Art.
Learn more about The Ohio State University
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45,831 employees
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