Assistant Director of Finance

Assistant Director of Finance

Queens Hospital Center is making good on its promise to the people of southeastern and central Queens to maximize both patient convenience and positive clinical outcomes. Residents of Queens can count on the delivery of quality medical care right in their own borough. In 2002 the hospital opened a state-of-the-art, 261-bed facility that includes the Queens Cancer Center, the first comprehensive cancer treatment center in the borough. At NYC Health + Hospitals, our mission is to deliver high quality care health services, without exception. Every employee takes a person-centered approach that exemplifies the ICARE values (Integrity, Compassion, Accountability, Respect, and Excellence) through empathic communication and partnerships between all persons.

Work Shifts

9:00 A.M – 5:00 P.M 35 hours a week. Monday through Friday.

Duties & Responsibilities

The Assistant Director of Finance will play a critical role in advancing the hospital's financial strategies related to Value-Based Purchasing (VBP). This position focuses on analyzing, tracking, and optimizing financial performance through data-driven insights, ensuring compliance with healthcare reimbursement models, and supporting initiatives that align financial goals with quality patient care. Develop financial models and analyses to assess the hospital's performance under VBP programs. Monitor financial trends and key VBP metrics to improve reimbursement strategies while maximizing revenue integrity. Provide financial insights to hospital leadership on the impact of VBP adjustments on budgeting, forecasting, and operational expenditures. Work closely with reimbursement teams to ensure compliance with VBP policies, CMS regulations, and payer-specific financial requirements. Oversee financial reporting related to quality measures, ensuring accuracy in claims submissions and reimbursement calculations. Collaborate with clinical teams to align financial incentives with quality improvement initiatives. Conduct data-driven evaluations of financial performance under VBP contracts, identifying trends, risks, and opportunities. Work alongside IT and finance teams to enhance reporting tools for better tracking of patient outcome-based incentives and penalties. Use financial analytics to support hospital leadership in optimizing cost structures and improving quality-based reimbursements. Partner with department heads, clinicians, and finance teams to integrate cost-effective strategies aligned with hospital-wide goals. Lead training sessions for finance staff and operational managers on VBP financial impacts, ensuring alignment with strategic priorities. Performs other related duties, as directed.

Minimum Qualifications

1.Master's degree from an accredited college or university in Accounting, Finance, Business Administration or a related discipline with an emphasis on accounting and financial systems; and two (2) years of responsible-level experience in fiscal management or administration with an emphasis on financial systems, management information and controls, one (1) year of which must have been in a responsible administrative or managerial capacity; or 2.Bachelor's degree from an accredited college or university in disciplines, as listed in "1" above; and three(3)years of experience, as described in "1" above, one (1) year of which must have been in a responsible administrative or managerial capacity.

Department Preferences

Departmental Preference: Proficiency in financial analytics Experience with VBP metrics, reimbursement models, or hospital finance. Excellent ability to present financial reports to leadership and engage cross-functional teams. Min 2 years' experience in working healthcare Min 2 years' experience in handling health plan's qualities such as HEDIS/QARR

Benefits

NYC Health and Hospitals offers a competitive benefits package that includes: Comprehensive Health Benefits for employees hired to work 20+ hrs. per week Retirement Savings and Pension Plans Paid Holidays and Vacation in accordance with employees' Collectively bargained contracts Loan Forgiveness Programs for eligible employees College tuition discounts and professional development opportunities College Savings Program Union Benefits for eligible titles Multiple employee discounts programs Commuter Benefits Programs