Join to apply for the Director, Financial Planning & Analysis-Financial Administration-Mount Sinai Hospital-Full Time-Days role at Mount Sinai Health System

Increase your chances of an interview by reading the following overview of this role before making an application. Join to apply for the Director, Financial Planning & Analysis-Financial Administration-Mount Sinai Hospital-Full Time-Days role at Mount Sinai Health System Get AI-powered advice on this job and more exclusive features. Position Summary The Director for Financial Planning & Analysis will work across the system ensuring stakeholder representation in financial and operational decisions. Will work with a team of business analysts and decision support team to meaningfully organize data sets and metrics to be used by Clinical and Administrative leaders, analysts and researchers throughout Mount Sinai Health System. Maintains shared and Decision Support-specific dimensions in collaboration with Planning and Performance Administrators. Responsibilities Promotes “systemness” in Enterprise performance management and reporting. Works with Clinical and Administrative leaders to produce business plans for new recruitments, program change or growth, and capital purchases. Develops financial forecasts including volume projections in conjunction with Clinical and Administrative leadership. Coordinates and produces analyses of business opportunities and assesses their effectiveness and consistency with strategic objectives. Informs financial decision making with all relevant information including historical data, market analysis, funds flow, regulatory requirements, space constraints, and stakeholder inputs. Direct, evaluate and present analysis to support new business development, program service expansion or consolidation. Participate in decision making on key initiatives and future planning. Ability to summarize detailed data into an actionable recommendation for audiences of varying backgrounds. Evaluates opportunities for standardization, measuring and identifying avoidable quality and cost variation. Monitors key financial indicators and performance metrics. Strong business acumen with the demonstrated analytical ability to assess department’s success, identify problems, and develop creative solutions. Builds trust across the organization to drive process improvements and measures for success. Collaborates with School and Hospital leadership to implement change with input from all required stakeholders. Partners to ensure accountability and measurement of objectives and milestones. Works collaboratively with other departments regarding annual operating and capital budgets. Contributes to capital selection process to ensure purchases support operations and growth. Recommends clinic facility improvements including construction, renovation and purchase of equipment. Works collaboratively with facilities staff in analyzing space allocation and facility resources to support operations. Gathers operational insights into decisions regarding short and long term space requirements. Interprets clinic and departmental policies, objectives and operational procedures to financial analysts. Resolves problems related to data issues. Coordinates with the DTP on medical records management, storage, and facilitation of information. Collaborates with leadership of Patient Financial Services on revenue cycle initiatives and operational processes with a financial impact. Evaluate the effectiveness and support of information technology applications to support operations. Represents the department at meetings and conferences as requested. Facilitates communication and ensures proper flow of information. Coordinates, as requested, operational committees and physician advisory committees. Collects data, prepares reports, analyzes statistics, and responds to correspondence in a timely manner. Participates with the leadership of the Health System in the evaluation and negotiations of managed care contracts and operations in conjunction with senior management. Demonstrates professional behavior reflective of leadership best practices. Maintains professional affiliations and enhances professional development to keep pace with health care trends. Handles special projects assigned by the Chief of Strategic Finance. Manage data migration requirements and processes. Propose business definitions for new/undefined metrics and test business definitions established by data steward council. Prioritize requests for reporting and dashboard development. Manage data repositories used by third party data partners. Interface with IT to implement mastering and mapping once development and testing are complete. Interface with hospital leadership and key stakeholders to determine and communicate needs and requirements, and align Mount Sinai Health System’s data analytics tools and resources with business initiatives, goals and strategies. Train, lead, and mentor managerial and technical staff. Maintains strict confidentiality. Qualifications Education Requirements Four-year university degree in relevant business, technology or healthcare concentration or equivalent experience, Masters in Healthcare preferred Experience Requirements 5-10 years of Healthcare experience 5 years of analytics experience as it relates to Healthcare. Experience leading an analytics team. Experience in an accounting and/or Finance role Experience with database environments. Experience with Hospital based clinical and informational systems required Proven ability in project management and all phases of project documentation. Basic understanding of database architecture Excellent understanding of the principles of data governance and data stewardship. Successful work performance demonstrating an ability to communicate effectively, partner with team and other divisions, use productive work methods, exercise sound judgment and display initiative and innovation on the job. Compensation The Mount Sinai Health System (MSHS) provides salary ranges that comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for the role is $169095 - $253643 Annually. Actual salaries depend on a variety of factors, including experience, education, and operational need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits. Seniority level Seniority levelNot Applicable Employment type Employment typeFull-time Job function Job functionFinance and Sales IndustriesHospitals and Health Care Referrals increase your chances of interviewing at Mount Sinai Health System by 2x Get notified about new Director of Financial Planning and Analysis jobs in New York, NY . 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