Strength Through Diversity
Ground breaking science. Advancing medicine. Healing made personal.
The Financial Manager I has oversight of all financial and related activities for a large and complex institute, department, center or unit. Manages departmental financial office; performs analyses to identify revenue collection problems and other trends
Roles & 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, which may include private and government agencies grants management
- 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 support staff depending on department
- 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: Bachelor’s degree required, Master’s degree preferred
- Experience: 5 years of directly related experience
- Strong knowledge of accounting principles 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
Strength Through Diversity
The Mount Sinai Health System believes that diversity is a driver for excellence. We share a common devotion to delivering exceptional patient care. Yet we’re as diverse as the city we call home- culturally, ethically, in outlook and lifestyle. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education and advancement as we revolutionize medicine together.
We work hard to acquire and retain the best people, and to create a welcoming, nurturing work environment where you can develop professionally. We share the belief that all employees, regardless of job title or expertise, can make an impact on quality patient care.
Explore more about this opportunity and how you can help us write a new chapter in our story!
Who We Are
Over 38,000 employees strong, the mission of the Mount Sinai Health System is to provide compassionate patient care with seamless coordination and to advance medicine through unrivaled education, research, and outreach in the many diverse communities we serve.
Formed in September 2013, The Mount Sinai Health System combines the excellence of the Icahn School of Medicine at Mount Sinai with seven premier hospital campuses, including Mount Sinai Beth Israel, Mount Sinai Beth Israel Brooklyn, The Mount Sinai Hospital, Mount Sinai Queens, Mount Sinai West (formerly Mount Sinai Roosevelt), Mount Sinai St. Luke’s, and New York Eye and Ear Infirmary of Mount Sinai.
The Mount Sinai Health System is an equal opportunity employer. We promote recognition and respect for individual and cultural differences, and we work to make our employees feel valued and appreciated, whatever their race, gender, background, or sexual orientation.