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Manager, Site Financial Operations - Physician Services Division (PSD)
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$119k-149k (estimate)
Full Time 4 Days Ago
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Hackensack Meridian Health is Hiring a Manager, Site Financial Operations - Physician Services Division (PSD) Near Edison, NJ

Overview

Our team members are the heart of what makes us better.

At Hackensack Meridian Health we help our patients live better, healthier lives - and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It's also about how we support one another and how we show up for our community.

Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

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

Responsibilities

A day in the life of a Manager of Site Financial Operations for the Physician Services Division (PSD) at Hackensack Meridian Health includes:

  • 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. Analyzes and validates budget assumptions.
  • Supervises the work of a Financial Analyst responsible for compiling and analyzing financial information.
  • 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.
  • Supports Site Controller with completion of forecasts of Physician Volume providing detailed analysis by Physician, Physician Specialty and Practice including current and prior year activity.
  • Assists in the monthly financial close process for assigned network areas , researching revenue and expense variances and providing guidance related to areas of strengths and weaknesses.
  • Prepares for review with the Senior Finance and Opersations leadership on a monthly basis a package/report that includes detailed financial, statistical, and productivity information.
  • Tracks and works with on-site executive leadership team to monitor funds for projects/initiatives around practices and affiliated campuses.
  • Assists in providing information and or coordination, where necessary, for the practices , relative to construction projects, annual statistics for marketing materials, surveys, and other projects.
  • Assists Site Controller and Corporate Finance Team in other projects, including leading due diligence, development of feasibility studies, valuation, financial disclosures, and other related duties as assigned.
  • Directs and disseminates 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 on-site staff to educate and ensure staff understand Physician practice 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 the PSD'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 operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
  • Works with operations leadership in the development of short and long range planning objectives. Provides leadership and professional skills to ensure financial plans meet desired objectives.
  • Other duties and/or projects as assigned.
  • Adheres to HMH's Organizational and Managerial competencies and standards of behavior.

Qualifications

Education, Knowledge, Skills and Abilities Required:

  • Bachelor's Degree in Accounting or Finance.
  • A minimum of 5 years of management experience and/or 7 years of progressive experience in finance, planning, or directly related activities in the healthcare industry.

Education, Knowledge, Skills and Abilities Preferred:

  • Master's of Business Administration (MBA) or Certified Public Accountant (CPA).
  • Prior public accounting experience.

If you feel that the above description speaks directly to your strengths and capabilities, then please apply today!

Our Network

Hackensack Meridian Health (HMH) is a Mandatory Influenza Vaccination Facility

As a courtesy to assist you in your job search, we would like to send your resume to other areas of our Hackensack Meridian Health network who may have current openings that fit your skills and experience.

Job Summary

JOB TYPE

Full Time

SALARY

$119k-149k (estimate)

POST DATE

05/24/2024

EXPIRATION DATE

06/10/2024

WEBSITE

hackensackmeridianhealth.org

HEADQUARTERS

OAKHURST, NJ

SIZE

50 - 100

FOUNDED

2016

CEO

ROSE F HAYET MD

REVENUE

$10M - $50M

INDUSTRY

Ambulatory Healthcare Services

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About Hackensack Meridian Health

Hackensack Meridian Health is a leading not-for-profit health care organization that is the largest, most comprehensive and truly integrated health care network in New Jersey, offering a complete range of medical services, innovative research and life-enhancing care. Hackensack Meridian Health comprises 17 hospitals from Bergen to Ocean counties, which includes three academic medical centers Hackensack University Medical Center in Hackensack, Jersey Shore University Medical Center in Neptune, JFK Medical Center in Edison; two childrens hospitals - Joseph M. Sanzari Childrens Hospital in Hacke ... nsack, K. Hovnanian Childrens Hospital in Neptune; nine community hospitals Bayshore Medical Center in Holmdel, Mountainside Medical Center in Montclair, Ocean Medical Center in Brick, Palisades Medical Center in North Bergen, Pascack Valley Medical Center in Westwood, Raritan Bay Medical Center in Old Bridge, Raritan Bay Medical Center in Perth Amboy, Riverview Medical Center in Red Bank, and Southern Ocean Medical Center in Manahawkin; a behavioral health hospital Carrier Clinic in Belle Mead; and two rehabilitation hospitals - JFK Johnson Rehabilitation Institute in Edison and Shore Rehabilitation Institute in Brick. Additionally, the network has more than 500 patient care locations throughout the state which include ambulatory care centers, surgery centers, home health services, long-term care and assisted living communities, ambulance services, lifesaving air medical transportation, fitness and wellness centers, rehabilitation centers, urgent care centers and physician practice locations. Hackensack Meridian Health has more than 35,000 team members, and 7,000 physicians and is a distinguished leader in health care philanthropy, committed to the health and well-being of the communities it serves. More
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