Manager, Site Financial Operations, Research

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, 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.

 

 

Responsibilities

A day in the life of a Manager of Site Financial Operations, Research 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. 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, specifically as it relates to the integration between the various Research systems (PS Grants, Idea Elan, and OnCore).
• 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.

Qualifications

Education, Knowledge, Skills and Abilities Required:

• 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, unless through internal promotion.

Education, Knowledge, Skills and Abilities Preferred:

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

 Licenses and Certifications Preferred:

• MBA or Certified Public Accountant (CPA) preferred.
• Public accounting experience preferred.

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

Starting Minimum Rate

Minimum rate of $131,144.00 Annually

Job Posting Disclosure

HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package. The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non-discriminatory factors, including but not limited to: Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness. Experience: Years of relevant work experience. Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training. Skills: Demonstrated proficiency in relevant skills and competencies. Geographic Location: Cost of living and market rates for the specific location. Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization. Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered. Some jobs may also be eligible for performance-based incentives, bonuses, or commissions not reflected in the starting rate. Certain positions may also be eligible for shift differentials for work performed on evening, night, or weekend shifts. In addition to our compensation for full-time and part-time (20+ hours/week) job positions, HMH offers a comprehensive benefits package, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits.