Financial Manager II - Dean's Office - ISM

Mount Sinai Health SystemNew York, NY

About The Position

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.

Requirements

  • Bachelors degree required
  • 7 years of directly related experience

Nice To Haves

  • Masters degree preferred

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.
  • Performs other related duties
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