Financial Manager II - Dean's Office - ISM

Mount Sinai Health Systems•New York, NY
•$95,450 - $148,902

About The Position

The Financial Manager II oversees all financial and related activities for a large, complex institute, department, or division with multiple financial initiatives, which may include large grants, patient revenue, and management of a significant budget. The role manages the departmental financial office and conducts analyses to identify revenue collection problems and other trends. It is responsible for managing and delivering the business plan and ensuring the department’s day-to-day financial operations are handled. The position also oversees and trains departmental staff, reviews accounts and processes, and provides analytical support for special projects.

Requirements

  • Bachelor’s degree required.
  • Seven years of directly related experience.

Nice To Haves

  • Master’s degree preferred.

Responsibilities

  • Manages and delivers the business plan, including financial analysis and reports requested by the department administrator or chairman.
  • Ensures day-to-day financial operations are handled, including payroll, month-end reporting, and accounts payable activities.
  • Develops business plans for new academic hires, when applicable to the 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 take a proactive role in the revenue cycle, including administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue, and oversight of staff who counsel patients on meeting financial obligations.
  • Reviews departmental accounts, as applicable.
  • Reviews processes and recommends effective changes to procedures and policies.
  • Ensures grant and IRB submission deadlines are met.
  • Oversees Administrative Assistants, Coordinators, Financial Specialists, and other staff, ensuring they are trained in department-specific workflow processes and procedures.
  • Approves 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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