Manager, Site Financial Operations, Research

Hackensack Meridian Health • Edison, NJ

84d • $131,144

About The Position

The Manager of Site Financial Operations, Research is a network position within the Finance Department of Hackensack Meridian Health (HMH). This position will assist in providing support to the Corporate Site Controller relative to financial operations including but not limited to, budgets, monitoring monthly financial performance, financial planning for campus projects, etc.

Requirements

• Bachelor's degree in Accounting or Finance.
• A minimum of five years of management experience in finance, planning, or directly related activities in the healthcare industry.

Nice To Haves

• MBA and/or CPA preferred.
• A minimum of five years of public accounting experience.

Responsibilities

• Assists in development of operating budgets.
• Reviews current expense trends, research budget discrepancies and anticipates new expenditures.
• Reviews departmental budgets with on-site department directors/managers.
• Coordinates budget education sessions, analyzes and validates budget assumptions.
• Submits draft budgets to the Corporate Finance Team to be loaded into the budget system.
• Prepares detailed financial analysis and trend reports including FTE, supplies expense and statistical data to support strategic goals and targets set by Network Leadership and Corporate Finance Team.
• Prepares analysis for and participates in some executive leadership and operations meetings within the Corporate HMH structure.
• Works with leadership to organize capital needs for grant funded projects, the School of Medicine (SOM) and the Nutley Campus.
• Assists in the monthly financial close process, researching revenue and expense variances and providing guidance related to areas of strength and weakness to the Corporate Finance Team.
• Assists in providing information and or coordination between the Foundation and the research primary investigators to ensure that funds are appropriately tracked and used per the stipulations of the donations.
• Assists Corporate Finance Team in other projects, including leading due diligence, development of feasibility studies, valuation, financial disclosures, and other related duties as assigned.
• Assists in preparation of financial reports within the organization to aid corporate decision making and strategic planning.
• Ensures reports reflect accurate and up-to-date information and are distributed on a timely basis.
• Acts as a liaison for on-site staff and provides support for systems conversions, upgrades, etc.
• Acts as a liaison for corporate staff to educate and ensure staff understand Network-wide and Hospital-site policies.
• Conducts financial planning and analysis to interpret trends, variances from budgets, and variances from standards and provides advice and counsel to staff consistent with established financial policy.
• Makes recommendations based on these analysis.
• Develops and monitors internal control systems to safeguard assets.
• Assures the absolute financial integrity of hospital's financial reporting data.
• Actively participates in development of financial and statistical reports/charts/graphs/analysis within Network business intelligence reporting system.
• Assumes an active role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
• Works with leadership in the development of short and long range planning objectives.
• Provides leadership and professional skills to ensure financial plans meet desired objectives.
• Manages and assigns information requests and oversees interactions with corporate internal audit staff.
• Other duties and/or projects as assigned.
• Adheres to HMH's Organizational and Managerial competencies and standards of behavior.
• Lifts a minimum of 10 lbs., pushes and pulls a minimum of 10 lbs. and stands a minimum of 1 hour a day.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Paid leave
• Tuition reimbursement
• Retirement benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees