Financial Manager II - MSH
Mount Sinai Health SystemAbout the role
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.
1. 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.
2. Ensures that the day-to-day financial operations of the department, center or unit, including payroll, month-end reporting, accounts payable activities are handled.
3. Develops business plans for new academic hires, if applicable to department and position.
4. Prepares salary and supply budgets and monitors accounts payable and receivable.
5. Compiles productivity, compliance and profit/loss reports.
6. Analyzes revenues to identify collection problems, billing issues and other trends.
7. 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.
8. Reviews all departmental accounts as applicable.
9. Reviews processes and makes recommendations to implement effective changes in procedures and policies.
10. Ensures all grant and IRB submission deadlines are met.
11. Oversees Administrator Assistants, Coordinators, Financial Specialists and other staff, ensuring that they are appropriately trained in workflow processes and procedures, specific to the department.
12. Approves all travel, check and purchase order requests; initiates Human Resources transactions and follows up.
13. Assists with or leads special projects and provides analytical support.
14. Performs other related duties
*-indicates duty is essential as defined by the Americans with Disabilities Act (ADA)
- Bachelors degree required, Masters degree preferred
- 7 years of directly related experience
- Excellent written and oral communication
- Attention to detail
- Knowledge of economic and accounting principles and practices
- Thorough knowledge of accounting principles and procedures
- Knowledge of operating procedures of best practices for health care organizations
- Microsoft Office Advanced
Compensation Statement
The Mount Sinai Health System (MSHS) provides a salary range to comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for this role is $86,772.00 - $138,749.91 Annually. Actual salaries depend on a variety of factors, including experience, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.
Non-Bargaining Unit, E01 - Partner MSO Services - MSH, Mount Sinai Hospital
Strength Through Diversity
The Mount Sinai Health System believes that diversity, equity, and inclusion are key drivers for excellence. We share a common devotion to delivering exceptional patient care. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education, and advancement as we revolutionize medicine together. We invite you to participate actively as a part of the Mount Sinai Health System team by:
- Using a lens of equity in all aspects of patient care delivery, education, and research to promote policies and practices to allow opportunities for all to thrive and reach their potential.
- Serving as a role model confronting racist, sexist, or other inappropriate actions by speaking up, challenging exclusionary organizational practices, and standing side-by-side in support of colleagues who experience discrimination.
- Inspiring and fostering an environment of anti-racist behaviors among and between departments and co-workers.
At Mount Sinai, our leaders strive to learn, empower others, and embrace change to further advance equity and improve the well-being of staff, patients, and the organization. We expect our leaders to embrace anti-racism, create a collaborative and respectful environment, and constructively disrupt the status quo to improve the system and enhance care for our patients. We work hard to create an inclusive, welcoming and nurturing work environment where all feel they are valued, belong and are able to advance professionally.
Explore more about this opportunity and how you can help us write a new chapter in our history!
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