Manager, Site Financial Operations, Residential Care and Affiliates

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 Residential Care and Affiliates is a network position within the Finance Department of Hackensack Meridian Health (HMH). Reports to the Residential Care and Affiliates Controller and assists in providing support to the Ventures, Residential Care and Affiliates Division executive leadership team relative to financial operations including but not limited to, budgets, monitoring monthly financial performance, revenue cycle, conversion and financial planning for campus/division projects, etc. Responsibilities A day in the life of a Manager of Site Financial Operations for Residential Care and Affiliates at Hackensack Meridian Health includes: Assists materially 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 Corporate Finance Team to be loaded into budget system. Manages budget tables as necessary for access, appropriate set up, and tracks completion of all Residential Care and Affiliates Division budgets. Supervises work of analyst(s) 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. 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 all Ventures, Residential Care and Affiliates Division as assigned areas, reviewing business plans with Financial Planning team and respective Corporate area leaders. Assists in monthly financial close process, researching revenue and expense variances and providing guidance related to areas of strength and weakness to the Corporate Finance Team. Assists in providing information and or coordination, where necessary, for campus, relative to tax returns, construction projects, annual statistics for marketing materials, surveys, and other lists, support for annual external audits, liaison for annual or periodic inventories, and research projects. Assists Corporate Finance Team in other projects, including leading due diligence, development of feasibility studies, valuation, financial disclosures, and other related duties as assigned. Responsible for assigned revenue analytics, assigned areas of the revenue proof and specialty reporting and programs requiring specialized knowledge. Works on special projects for senior leaders as needed, which will likely include but not be limited to revenue cycle analytics as well as implementation and/or conversion issues. 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 liaison for on-site staff and provides support for systems conversions, upgrades, etc. Acts as 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 analyses. 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 Organizational 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. Minimum of 7 years of progressive experience in accounting and/or financial analysis. Working knowledge of all aspects of PeopleSoft General Ledger System. Must be highly computer literate, including advanced use of Excel. Must be willing to roll up sleeves. Must be able to establish effective working relationships with Senior Management and Staff at all levels of the organization. Education, Knowledge, Skills and Abilities Preferred: Master's in Business Administration (MBA) and/or Certified Public Accountant (CPA). Public accounting experience. Licenses and Certifications Preferred: MBA or Certified Public Accountant (CPA) preferred. Public accounting experience preferred. Starting Minimum Rate Minimum rate of $133,120 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. #J-18808-Ljbffr Hackensack Meridian Health