This range is provided by Mount Sinai Health System. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$58,661.00/yr - $114,329.92/yr
Description
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.
Responsibilities
1. 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.
2. Ensures that the day-to-day financial operations of the department, center or unit, including payroll, month-end reporting, accounts payable activities are handled.
3. Develops business plans for new academic hires, if applicable to department and position.
4. Prepares salary and supply budgets and monitors accounts payable and receivable.
5. Compiles productivity, compliance and profit/loss reports.
6. Analyzes revenues to identify collection problems, billing issues and other trends.
7. May be well versed and take 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
8. Reviews all departmental accounts as applicable.
9. Reviews processes and makes recommendations to implement effective changes in procedures and policies.
10. Ensures all grant and IRB submission deadlines are met.
11. Oversees Administrator Assistants, Coordinators, Financial Specialists and other support staff depending on department.
12. Approves all travel, check and purchase order requests; initiates Human Resources transactions and follows up.
13. Assists with special projects and provides analytical support.