Assistant Manager, Financial Operations
How you move is why we're here. Now more than ever. Get back to what you need and love to do. The possibilities are endless... Now more than ever, our guiding principles are helping us in our search for exceptional talent - candidates who align with our unique workplace culture and who want to maximize the abundant opportunities for growth and success. If this describes you then let's talk! HSS is consistently among the top-ranked hospitals for orthopedics and rheumatology by U.S. News & World Report. As a recipient of the Magnet Award for Nursing Excellence, HSS was the first hospital in New York City to receive the distinguished designation. Whether you are early in your career or an expert in your field, you will find HSS an innovative, supportive and inclusive environment.
Working with colleagues who love what they do and are deeply committed to our Mission, you too can be part of our transformation across the enterprise.
Regular Full Time
The base pay scale for this position is $86,000.00 - $131,375.00. In addition, this position will be eligible for additional benefits consistent with the role. The salary of the finalist selected for this role will be determined based on various factors, including but not limited to : scope of role, level of experience, education, accomplishments, internal equity, budget, and subject to Fair Market Value evaluation. The hiring range listed is a good faith determination of potential compensation at the time of this job advertisement and may be modified in the future.
What You Will Be Doing
Reporting directly to the Vice President of Financial Planning and Budget (Joint Ventures & Regional), the Assistant Manager will work closely with the Assistant Vice President of Financial Planning and Budget (Joint Ventures & Regional), Assistant Vice President of ASC Operations, ASC Administrators, and other members of Finance and management throughout HSS.
The Assistant Manager will assist in leading the financial operations of select HSS joint ventures as part of the regional expansion strategy. The Assistant Manager will collaborate with various teams in Finance and Operations to ensure accurate accounting and forecasting and work closely with each venture or site to maximize profitability. The position will play a key role in the financial well-being of the institution by serving as an advisor on relevant financial and business trends.
Responsibilities
The specific responsibilities include, but are not limited to :
- Develop an understanding of the hospital, its strategy and mission, its operations and finances, and its integrated strategic financial plan
- Develop an extensive understanding of all joint ventures including their operations, finances, partners, and business terms
- Take a leadership role in ambulatory surgery center finances in collaboration with the management teams to guide HSS Executive Leadership and investors on trends, business opportunities and issues, and assist in maximizing profitability and collaboration
- Collaborate with the accounting team to ensure accurate accounting for all entities and explain the drivers of financial performance
- Collaborate with financial planning and operations teams to develop assumptions for annual budgets and five-year forecasts (Integrated Strategy Financial Plan) for current ventures and sites as well as expansion plans
- Develop financial models for business plans, term sheets, syndication, and funding strategy on expansion initiatives
- Provide Senior Leadership with key performance indicators in collaboration with Finance, IT, and Operational Excellence to provide actionable data highlighting key metrics and trends for each entity and site
- Stay current on developments in hospital / healthcare finance and broader industry dynamics; anticipate changes and their corresponding impact on the department / organization; provide strategic counsel and new thinking that adds value to the institution
- Establish strong working relationships with financial leadership and colleagues, key personnel of interfacing departments, as well as other HSS departments and staff
Education
A bachelor's degree in Accounting / Finance or other relevant specialty is required. MBA or other advanced degrees are desirable, but not required.Experience, Competencies, And Personal Characteristics
Solid experience (7+ years) of hospital finance / healthcare financial consulting experience is required. Experience in a successful, dynamic and growing organization is highly desirable.Strong understanding of GAAP; highly analytical; capable of providing strategic analysis and insight on financial reporting and cash flows. Awareness of continuing changes that affect financial reporting and business operations. Ability to counsel and advise Hospital leadership on a range of related mattersStrong technical and analytical skills; adept at communicating ideas and facts, packaging information and concepts in a way that increases understanding by othersTechnology and system savvy. Strong Excel, Word, and PowerPoint skills.Possesses a continuous-improvement mind-set. Tackles challenges and issues with a fresh approach; is creative and thinks "out of the box."Detailed, thorough, well organized and disciplined, with the ability to proactively manage multiple priorities / projects and meet tight deadlines.Outstanding written and oral communication skills; good listening capability; skilled at clearly and concisely communicating with all constituencies; can structure and effectively lead meetings.Exceptional interpersonal skills; success at cultivating strong relationships with internal and external stakeholders and creating partnerships at all levels within the organization.Highly confident, results-driven person. Focused on achieving the goals of the organization.Unquestionable personal integrity. Exudes credibility and professionalism. Very likeable. Quickly builds confidence in others. Team player and understands his / her role in relationship to others.A highly committed individual, with the necessary drive and stamina to respond to the demands of the institution and work collaboratively to achieve results.Non-Discrimination Policy Hospital for Special Surgery is committed to providing high quality care and skilled, compassionate, reliable service to our community in a safe and healing environment. Consistent with this commitment, Hospital for Special Surgery provides care, admits, and treats patients and provides all services without regard to age, race, color, creed, ethnicity, religion, national origin, culture, language, physical or mental disability, socioeconomic status, veteran or military status, marital status, sex, sexual orientation, gender identity or expression, or any other basis prohibited by federal, state, or local law or by accreditation standards.