Senior Manager of Budget and Financial Analysis

Columbia University New York, NY
Under the direction of the Director of Budget and Financial Analysis, the Senior Manager of Budget and Financial Analysis assists in the development, monitoring and review of the College of Physicians and Surgeons (P&S) annual operating budget including physician practices, grants, and fund balance activity. The Senior Manager provides analytic support and problem solving to address issues commonly found in large, complex academic medical centers. He/she will obtain thorough knowledge of Columbia's financial systems and reports and be able to use the reports to produce in-depth analysis of programs, services and service areas.

Ideal candidate should be inquisitive, motivated, a big-picture thinker with ability to drill down to the details, have strong analytical skills, and is seeking an opportunity to learn quickly in a challenging and fast-paced environment.

Candidates should also possess ability to analyze and coalesce data from multiple systems and present it in a straightforward format (both financial and narrative); ability to identify solutions to complex problems; have cutting edge skills with financial systems including spreadsheet preparation and presentation. General understanding of a medical center's tri-part mission, familiarity with basic clinical metrics (cFTE, wRVU, payor mix, service mix, revenue cycle and clinical P&L's), understanding of faculty compensation metrics and cost allocation methodologies are preferred.

Responsibilities:

* Manage assigned area's annual budget submission, quarterly forecast and year-end close process

* Review monthly departmental performance against budget and provide reasonable and rational explanations for variances to Senior P&S Finance Leadership

* Analyze and investigate operational performance on a prospective, rather than a reactive basis and assist departmental leadership with strategic objectives

* Attend routine status meetings with departmental administrators, gaining insight and knowledge regarding financial operating activity

* Work closely with Faculty Practice Group to understand cash collections, revenue cycle metrics and other key metrics and identify potential risk areas

* Perform faculty productivity analysis

* Perform compensation benchmarking analysis

* Manage the P&S review process for the documentation of Fair Market Value (FMV) of contracts to third parties for physician services. The reviews shall be done in conjunction with the Office of Legal Counsel, Controller's Office and FPO Office. Minimum Qualifications for Grade

Applicant MUST meet these minimum qualifications to be considered an applicant Requires a bachelor's degree required plus five years of related experience. Additional Position-Specific Minimum Qualifications

Applicant MUST meet these minimum qualifications to be considered an applicant - BA or BS in Accounting, Finance or related field

* Minimum of 4 years of experience in a large complex academic medical or hospital setting directly working with faculty practice budgets and/or service line or departmental budgets

* Excellent oral and written communication and customer service skills

* Demonstrated analytical skills

* Strong Time Management skills Special Instructions Preferred Qualifications Master's degree strongly preferred Essential Functions Additional Essential Functions (Limit to 3950 characters.) Special Indications

This position works with: