Financial Manager I (Financial Planning & Analysis)-Financial Administration-Mount Sinai Hospital-Full Time-Days

Position Title:

Financial Manager I (Financial Planning & Analysis)-Financial Administration-Mount Sinai Hospital-Full Time-Days
 

Position Summary:

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

• Responsible for overall management and delivery of the business plan.  Financial analysis and creation of reports as requested by Finance, the department administrator or chairperson as applicable.
• Ensures that the day-to-day financial operations of the department, center or unit, including payroll, month-end reporting, accruals and accounts payable activities are handled.  
• Develops business plans for new academic hires, clinical expansion projects and/or reductions in service, if applicable to department and position.
• Prepares salary and supply budgets and monitors accounts payable and receivable as appropriate.
• Compiles productivity, compliance and profit/loss reports.
• Reviews outside agreements and tracks expiration timeframes to initiate renewals.
• Analyzes revenues to identify collection problems, billing issues and other trends.
• May be well versed and take proactive role in costing models, budgeting and administrative and clinical functions that contribute to charge capture, evaluation of patient service revenue, including comparing costs across patients, sites of service and physicians.
• Will collect and create data sets to present documentation to executive leaders.
• Reviews processes and makes recommendations to implement effective changes in procedures and policies.
• May train and oversee financial analysts
• 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.

Education Requirements:

?    Bachelor?s degree required, Master?s degree preferred

Experience Requirements:

?    5 years of directly related experience 

Computer Skills:

?    Advanced/Microsoft Office Advanced

General Skills and Competencies:

?    Strong knowledge of financial analysis, management reporting, budgeting and practices
?    Familiarity with compiling financial reports reflecting financial status and operating procedures of organizations.
?    Very good written and oral communication skills
?    Attention to detail
 

Non-Bargaining Unit, 511 - Financial Administration - MSH, Mount Sinai Hospital

Strength through Unity and Inclusion

The Mount Sinai Health System is committed to fostering an environment where everyone can contribute to excellence. We share a common dedication to delivering outstanding patient care. When you join us, you become part of Mount Sinai’s unparalleled legacy of achievement, education, and innovation as we work together to transform healthcare. We encourage all team members to actively participate in creating a culture that ensures fair access to opportunities, promotes inclusive practices, and supports the success of every individual.

At Mount Sinai, our leaders are committed to fostering a workplace where all employees feel valued, respected, and empowered to grow. We strive to create an environment where collaboration, fairness, and continuous learning drive positive change, improving the well-being of our staff, patients, and organization. Our leaders are expected to challenge outdated practices, promote a culture of respect, and work toward meaningful improvements that enhance patient care and workplace experiences. We are dedicated to building a supportive and welcoming environment where everyone has the opportunity to thrive and advance professionally. Explore this opportunity and be part of the next chapter in our history.

About the Mount Sinai Health System:

Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 48,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time — discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering