Finance Manager (FINCORE) at NYU Langone Health

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Jul, 26

Salary

166400.0

Posted On

03 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial management, Budgeting, Variance analysis, Strategic planning, Financial reporting, P&L management, Funds flow analysis, Staff supervision, Business planning, Data analysis, Compliance, Communication skills, Problem solving, Critical thinking, Financial modeling

Industry

Hospitals and Health Care

Description

NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation. Vizient Inc. has ranked NYU Langone the No. 1 comprehensive academic medical center in the country for three years in a row, and U.S. News & World Report recently placed nine of its clinical specialties among the top five in the nation. NYU Langone offers a comprehensive range of medical services with one high standard of care across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, the system also includes two tuition-free medical schools, in Manhattan and on Long Island, and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health. For more information, go to NYU Langone Health [http://nyulangone.org/], and interact with us on LinkedIn [https://www.linkedin.com/company/nyulangonehealth/?viewAsMember=true], Glassdoor [https://www.glassdoor.com/Reviews/NYU-Langone-Health-Reviews-E121521.htm], Indeed [https://www.indeed.com/cmp/Nyu-Langone-Health/reviews], Facebook [http://facebook.com/NYULangone], Twitter [http://twitter.com/nyulangone], YouTube [http://www.youtube.com/user/nyulmc] and Instagram [http://instagram.com/nyulangone]. Position Summary: We have an exciting opportunity to join our team as a Finance Manager. In this role, the successful candidate as the Finance Manager is responsible for monitoring and helping manage the overall financial performance and effectiveness of NYU Langone Health, specifically in support of the departments of Surgery and the Transplant Institute within the Finance Core team (FINCORE). The Finance Manager will be involved with daily financial and strategic planning, perform variance analysis for each accounting period, help set and manage the fiscal year budgets, and provide recurring and ad hoc reporting. They will be tasked with understanding the funds flow (revenues and expenses), budgets, and accounting structure across the clinical, research, and education missions, as well as their core departmental operations. They may also have at least one direct report to support these responsibilities. Success in this role relies as much on technical knowledge as it does on communication skills and an initiative-taking mindset. The Finance Manager will be reporting directly to central FPA&B and will have a dotted line to Departmental Leadership, specifically maintaining a very close working relationship with the appropriate Departmental Administrator/Institute Director, Finance/Business leads, staff, and faculty within those departments, often taking directives from both Finance and Departmental leadership. Job Responsibilities: * Oversee and help manage financial performance, P&L, budgeting, and funds flow for the departments of Surgery and the Transplant Institute. Prepare monthly reporting packages, perform variance and trend analysis to ensure transparency and accountability. Communicate results with departmental and finance leadership. * Supervise financial staff, including managers and analysts as applicable. * Prepare forecasts on at least a quarterly basis to assist departmental leadership and faculty with operational and strategic planning. * Help establish annual budgets and long-range plans by reviewing baselines with leadership and facilitating any additional requests for approval. * Ensure compliant use of all funding sources including, but not limited to, clinical, operating, sponsored awards (grants), recruitment, and philanthropy. * Recommend and implement changes to maintain balanced accounts (compared to budget and within available balances as applicable) and help resolve funding shortages. Help align financial needs with available organizational resources. * Partner with departmental leadership on business planning and strategic initiatives, providing financial analysis, modeling, and insights to evaluate new programs, assess return on investment, and support value driven projects across the department. * Monitor expenditure related to grants and contracts, oversee the preparation of financial reports as required, and ensure the appropriate use of sponsored awards as required by federal, state, local and university regulations, and adherence to all institutional deadlines and processes. * Review and investigate departmental financial transactions, help identify compliance issues, and process journal entries and expense transfers in line with general accounting standards. * Monitor personnel allocations across accounts and, at times, process required changes or direct appropriate staff to process required changes. * Help develop and implement finance goals and metrics related to fiscal management of the departments, program development, and related operational, staffing, and financial issues that arise. * Contribute energetically to an environment of effective financial reporting and analysis, time management and prioritization, compliance with regulations, and adoption of leading practices. * When needed, provide flex support for FPA&B coworkers in support of ALL academic departments, not just Surgery and Transplant Institute. Additional Position Specific Responsibilities: Ability to multi-task, quick learner, adaptable, & manage various deliverables on quick timelines Committed to team success, works well with others, strong interpersonal/communication skills Comfort with and ability to apply accounting principles. Demonstrated problem solver and self-starter Minimum Qualifications: To qualify you must have a Minimum of 5 years progressively responsible experience managing budgets, business development, and financial operations of complex matrix organizations at academic medical centers Firm understanding of basic accounting principles, budgeting, business planning, variance analysis, and problem solving. Excellent verbal and written communication skills, interpersonal and critical thinking skills. Adaptive learner. Able to multi-task and manage various deliverables while adhering to deadlines. Candidate must have a bachelors degree in accounting, finance, or a related field. Preferred Qualifications: Understanding of accounting, budgeting, and financial reporting. Experience with Enterprise Systems. PeopleSoft or Oracle preferred. MBA preferred, not required. Qualified candidates must be able to effectively communicate with all levels of the organization. NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents. At NYU Langone Health, we are committed to supporting our workforce and their loved ones with a comprehensive benefits and wellness package. Our offerings provide a robust support system for any stage of life, whether it's developing your career, starting a family, or saving for retirement. The support employees receive goes beyond a standard benefit offering, where employees have access to financial security benefits, a generous time-off program and employee resources groups for peer support. Additionally, all employees have access to our holistic employee wellness program, which focuses on seven key areas of well-being: physical, mental, nutritional, sleep, social, financial, and preventive care. The benefits and wellness package is designed to allow you to focus on what truly matters. Join us and experience the extensive resources and services designed to enhance your overall quality of life for you and your family. NYU Langone Health is an equal opportunity employer and committed to inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration. We require applications to be completed online. View Know Your Rights: Workplace discrimination is illegal [https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf]. NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisements. The salary range for the role is $121,792.22 - $166,400.00 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits. To view the Pay Transparency Notice, please click here [https://cdn-static.findly.com/wp-content/uploads/sites/290/2017/04/pay-transp_formattedESQA508c.pdf]

Responsibilities

The Finance Manager oversees financial performance, budgeting, and funds flow for the departments of Surgery and the Transplant Institute. They are responsible for preparing financial reports, performing variance analysis, and partnering with leadership on strategic business initiatives.