The Senior Director of Budget and Finance is responsible for the Department of OB/GYN's overall budget planning, tracking, and management of corrective actions as related to the execution of the departmental budget and financial operations. He/she is also responsible for serving as the Department's central liaison for the Medical Center and University finance offices for matters related to budget and finance. This position reports to the Departmental Administrator.
Manage and lead the budget and strategic/business planning processes for the Department.
Implement and maintain concurrent budget planning and monitoring processes in concert with the financial goals and objectives of the Department.
Evaluate budget variances and make recommendations on appropriate corrective actions.
Prepare and present monthly budget and financial performance reports to the Department's leadership.
Collaborate with Division Chiefs and Division Administrators to develop, monitor, and evaluate business plans in alignment with the Department's goals and objectives.
Develop and implement charge-back mechanisms as related to the Department's centrally incurred expenses/outflows such as AIM HI charges and clinical session operations.
Oversee negotiations and reconciliations as related to the NYPH Joint Budget, NYPH Special Funds, and NYPH Leased Employee Agreements.
Lead financial planning processes for business expansions and new faculty recruits. Collaborate with the NYPH CMO Office to secure business plan funding for planned recruits.
Oversee the reconciliation among the EPIC billing system, Bank activities and ARC activities.
Recommend and prepare for approval and implementation of the Department's financial policies and procedures as appropriate.
Serve as a central liaison for the Department for matters related to the Department's budget and financial operations.
Provide support for the Departmental Administrator in preparing for negotiations and performing reconciliations as related to the NYPH Joint Budget and NYPH Special Funds.
Supervise and coordinate the Department's financial closing processes including monthly closings, quarterly closings, and fiscal year closings.
Collaborate with the Department's Director of Faculty Practice in supervising the reconciliations among the IDX/billing system, bank activities, and ARC activities.
Supervise the OB/GYN Business Services Team and oversee the Department's financial/accounting operations and payroll operations and provide operations management of various University budget / finance systems such as ARC, PAC, Finsys, & the Budget Tool.
Recommend and prepare for approval and implementation the Department's financial policies and procedures as appropriate.
Develop and implement charge-back mechanisms as related to the Department's centrally incurred expenses/ outflows such as AIM HI charges, clinical session operations, and malpractice premiums
Attend the Department's senior management meetings and other meetings as appropriate.
In collaboration with the Faculty Practice Organization, manage and oversee malpractice billing, chargeback process, and internal accounting of premiums.
Liaise with CUMC Development and Gift Systems to manage the setup of incoming gifts and endowments.
Provide oversight and support for the completion of the Annual Salary Rosters.
Perform other duties as assigned.
Bachelor???s degree required or equivalency with education and experience.
A minimum of 6 years of related experience required, including three years of direct financial management experience in a healthcare setting.
Strong, demonstrated interest, and competency in business planning, budgeting and forecasting.
Ability to work well independently, learn quickly, and adjust work assignments in response to system changes. Ability to handle a variety of duties which may be interrupted or changed by immediate circumstances. Ability to work in a fast-paced environment and remain flexible under stressful situations. Ability to exercise independent judgment.
Must be self-directing, organized, and detail-oriented with strong problem solving, reasoning and negotiating skills.
Strong analytic skills, problem-solving, and critical thinking.
Outstanding written, verbal communication, and computer skills.
Leadership, interpersonal and excellent negotiating skills also required.
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local residents.
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