Financial Manager II - Dean's Office - ISM

Mount Sinai Health System•New York, NY

About The Position

The Financial Manager II oversees financial and related activities for a large, complex institute, department, or division with multiple financial initiatives, such as large grants, patient revenue, and significant budgets. The role manages the departmental financial office, delivers the business plan, oversees day-to-day financial operations, and analyzes financial activity to identify collection problems, billing issues, and other trends. The position also reviews accounts and processes, supports special projects, and oversees and trains staff in department-specific workflows and procedures.

Requirements

Bachelor's degree required.
Seven years of directly related experience.

Nice To Haves

Master's degree preferred.

Responsibilities

Manage and deliver the department's business plan.
Prepare financial analyses and reports as requested by the department administrator or chairman.
Ensure day-to-day financial operations are handled, including payroll, month-end reporting, and accounts payable activities.
Develop business plans for new academic hires, when applicable.
Prepare salary and supply budgets and monitor accounts payable and receivable.
Compile productivity, compliance, and profit-and-loss reports.
Analyze revenue to identify collection problems, billing issues, and other trends.
Take a proactive role in the revenue cycle when applicable, including functions related to capturing, managing, and collecting patient service revenue.
Review departmental accounts, as applicable.
Review processes and recommend effective changes to procedures and policies.
Ensure grant and IRB submission deadlines are met.
Oversee and train administrative assistants, coordinators, financial specialists, and other staff in department-specific workflow processes and procedures.
Approve travel, check, and purchase order requests.
Initiate Human Resources transactions and follow up.
Assist with or lead special projects and provide analytical support.
Perform other related duties.