Directs budget, operating, capital expenses and revenue as well as manages budget and end of month financial closing in a specific field or business unit setting. Ensures compliance with applicable laws, regulatory standards and internal policies. Directs financial activities of the relevant functional Directors to meet short and long-term strategic goals; develops and establishes policies and procedures to optimize business operations.
Job Responsibility
- Leads a Financial Operations group by communicating with and developing staff members, and building consensus for programs and goals that support a business, function or geographic area.
- Develops and articulates a short-term strategic vision for areas of responsibility.
- Develops plans and directs financial operations to achieve strategic operating goals and objectives; tracks and reports on department operational and financial performance indicators; evaluates, develops and establishes policies and procedures to improve efficiency of current systems/processes/functions.
- Ensures financial operations are compliant with laws, regulations and standards including but not limited to; federal, state and local laws and accrediting regulatory agencies pertaining to financial management.
- Develops programs and initiatives to achieve the mission, vision and goals of the organization.
- Develops and oversees department financial management including budget, labor, and expenditures; modifies financial programs consistent with changing regulatory and fiscal environment.
- Plans and implements Human Resources initiatives to achieve departmental goals to include recruitment, compensation, recognition, employee relations, training and development; manages and evaluates direct reports and oversees the management and evaluation of indirect reports.
- Responsible for end of month financial closing for the Laboratory; responsible for financial reporting to ensure tax code compliance.
- Responsible for the development of annual Sales Plan tied to Revenue Budget including all lines of business that the laboratory is engaged with.
- Develops and monitors strategic operating goals, objectives and budget; reports operational performance, justification and/or corrective action; builds and maintains productive inter/intra departmental and vendor work relationships to optimize operations.
- Develops and oversees financial management including budget, salary, capital, and revenue projections; oversees compliance with government and agency regulations.
- Performs related duties as required. All responsibilities noted here are considered essential functions of the job under the Americans with Disabilities Act. Duties not mentioned here, but considered related are not essential functions.
Job Qualification
- Bachelor's Degree required, or equivalent combination of education and related experience.
- 8-12 years of relevant experience and 7+ years of leadership / management experience, required.
*Additional Salary Detail
The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future.When determining a team member's base salary and/or rate, several factors may be considered as applicable (e.g., location, specialty, service line, years of relevant experience, education, credentials, negotiated contracts, budget and internal equity).
Skills Required
- Bachelor's degree or equivalent combination of education and related experience
- 8-12 years of relevant experience
- 7+ years of leadership/management experience
What We Do
Northwell Health is New York’s largest private employer and health care provider, with 23 hospitals and nearly 800 outpatient facilities. We care for over two million people annually in the New York metro area and beyond, thanks to philanthropic support from our communities. Our 74,000+ employees – 18,500+ nurses and 14,200+ credentialed physicians, including about 4,500 employed doctors and nearly 3,300 members of Northwell Health Physician Partners – are working to change health care for the better. We’re making breakthroughs in medicine at the Feinstein Institutes for Medical Research. We're training the next generation of medical professionals at the visionary Donald and Barbara Zucker School of Medicine at Hofstra/Northwell and the Hofstra Northwell School of Graduate Nursing and Physician Assistant Studies. For information on our more than 100 medical specialties, visit Northwell.edu. Interested in a career at Northwell Health?
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