Finance Manager

City/State:

Nyack, New York

Department:

Finance_2

Work Shift:

Day

Work Days:

MON-FRI

Scheduled Hours:

8 AM-4:30 PM

Scheduled Daily Hours:

8 HOURS

Hours Per Pay Period:

40

Pay Rate/Range:

$143K - $157K

Job Summary

Reporting directly to the Associate Vice President (AVP) of Finance, the Finance Manager is responsible for providing high-level analytical support across all facets of the hospital’s financial operations. This role is a cornerstone of the financial analysis function covering multiple areas around cash flow forecasting, account analysis, payroll decision support, and long-range financial analysis to support strategic decision-making.

B. Essential Job Qualifications

1. Education: Bachelor’s degree in finance or accounting required

2. Experience: 5+ years of professional experience in financial analysis;

experience within a hospital or large healthcare system is preferred.

3. Training/Certification: N/A

4. Licensure: N/A

5. Other : Advanced proficiency in Microsoft Excel and ERP Applications. Familiarity with healthcare-specific software (EPIC) and financial metrics.

CORE COMPETENCIES

• Analytical Thinking: Ability to synthesize large datasets into summary reports to strategic insights.
• Communication: Strong interpersonal skills with the ability to translate complex financial concepts for non-financial clinical and operational leaders.
• Integrity: Absolute commitment to maintaining the confidentiality of sensitive financial & payroll data.
• Adaptability: Ability to thrive in a fast-paced environment with shifting priorities and deadlines.

C. Job Specific Contacts

1. General Contacts: All Montefiore Nyack Hospital Staff, Physicians, Patients and Visitors

Job Provides Direction to: N/A

D. Environment and Demands

1. Environmental Demands: Normal Office Environment

Essential Physical and Cognitive Demands, Manual Dexterity: Ability to remain in stationary position 90% of the time. Constantly utilizes/operates computer to access information. Constantly scans documents from computer and other scanning locations. Ability to communicate to hospital employees regarding requests for information.

Part I: Hospital-Wide Standards

A. Organizational

Demonstrates adherence to Montefiore Nyack Hospital “We Care” standards including:

WORKING TOGETHER “I will commit to work together in a courteous, respectful manner. I will demonstrate a positive spirit of service with all employees with whom I interact.”

I will:

• Place team success above individual recognition.
• Be receptive to new ideas and approaches within my workplace.
• Offer assistance generously without hesitation.

EMPOWERMENT “I will be accountable, responsible, and self-directed in all aspects of my work at all times.”

I will:

• See projects through to ensure completion.
• Problem solve with patients, family members, and other employees.
• Follow up to ensure a resolution.

COMMUNICATION “I will demonstrate positive communication in a clear, courteous and appropriate manner at all times.”

I will:

• Use effective verbal and written communication to patients, families, visitors, and fellow employees using the principles of AIDET (Acknowledge, Introduce, Duration, Explanation, Thank You)
• Use positive communication in my tone of voice, body language, and choice of words.

APPEARANCE “I will dress in a manner that reflects a professional and positive image of the hospital at all times”

I will:

• Maintain a clean, neat, and professional appearance.
• Adhere to the Hospital's dress code policy.
• Promote and adhere to Nyack Hospital's guidelines regarding a safe and clean work environment for employees, patients and visitors.

RESPONSIVENESS “I will demonstrate the ability to provide timely feedback and communication to patients, visitors, and coworkers.”

I will:

• Respond empathetically.
• Apologize for delays and concerns.

EXCELLENCE IN SERVICE “I will strive to ‘do my best everyday’ in exceeding customer expectations.”

I will:

• Anticipate and address my patients’ and customers’ needs.
• Avoid negativity and exhibit a “can-do” attitude.
• “Manage up” fellow employees, physicians, departments, and the organization, to increase patient confidence both internally and in the community.

B. MISSION/STRATEGIC PLAN:

Demonstrates support of the mission and strategic action plan through the initiation and ongoing implementation/evaluation of department activities/plans.

C. JOB SPECIFIC COMPETENCIES:

Demonstrates the technical/professional knowledge, skills and abilities necessary for the successful operations of the department including, where applicable, age specific competency. *

Treasury & Cash Management

• Maintain daily cash positions, monitor liquidity, and contribute to the development of cash flow forecasts for internal and external reporting.
• Monitoring Accounts Payable process for the hospital to prioritize vendor payment, ensure accuracy of payments and invoices/payments processed timely processing critical treasury payments.
• Manage banking and lending relationships for the organization, including line of credit to meet covenant requirements.
• Implement treasury related services, drive automation, and monitor existing programs - ACH & corporate cards.
• Support departments on supply chain spending to identify cost-containment opportunities and assist with various audits and other financial matters.

Financial Analysis

• Provide financial analysis for capital expenditure requests and associated financial plans to understand and report on the ROI for new equipment and facility projects, including lease vs. purchase decisions.
• Work with Accounting and Financial Reporting to analyze general ledger accounts, calculate accruals, and provide necessary information to support the accuracy and commentary for financial statements.
• Analyze monthly intercompany expenses, revenue reports, interest expense, and other analysis provided through Montefiore Health System.
• Support Payroll department on projects and analysis to leverage capabilities of new Workday system.

Budget, Capital, & Other

• Participate in the annual operating budget process supporting the Budget Manager as needed.
• Assist with analysis of the hospital’s long-range financial plan and other Hudson Valley deliverables.
• Monitor the capital spend and evaluate projected capital needs of the hospital for capital allocation.
• Oversee financial audits and reviews for retirement programs, pensions, benefits plans, lenders.

* Document on addendum age specific competency.

Part II: Employee Performance Standards:

A. CUSTOMER SERVICE:

1. Demonstrates personal excellence in customer service for both internal and external customers.

Holds staff accountable for the delivery of excellent customer service.

Participates in team efforts to increase the level of customer satisfaction.

Performance Improvement:

Demonstrates the ability to recognize an opportunity for improvement and to collect and assess data.

Demonstrates the ability to develop, implement and evaluate a Performance Improvement Plan.

Participates in Departmental/Hospital-wide activities which improve processes/outcomes.

Utilizes resources to maintain and improve self knowledge and development and fosters the same for employees.

Demonstrates compliance with licensure/certification requirements and the timeliness of their submission.

BUDGET:

Prepares and administers the annual budget.

Demonstrates ability to manage variances in the budget including Human Resource management and management of expenses.

Collaborates with employees to control costs and pursue additional revenue opportunities.

PROJECTS/ASSIGNMENTS:

Completes projects/assignments within projected time frames and expectations.

Addendum:

Age Specific CompetencyFOR THOSE STAFF WITH REGULARCLINICAL CONTACT

(Attach supporting documentation of assessment of competency)

Within the scope of practice, assumes responsibility, as necessary, for the assessment, treatment and care of patients of all ages, from

neonate to geriatric.

Displays competency in obtaining and interpreting the patient’s behavior based upon an

understanding of cognitive, biopsychosocial, and aging processes.

Displays an understanding of the developmental needs of the patient when planning and implementing treatment or services.

Montefiore Nyack Hospital is an equal employment opportunity employer. Montefiore Nyack Hospital will recruit, hire, train, transfer, promote, layoff and discharge associates in all job classifications without regard to their race, color, religion, creed, national origin, alienage or citizenship status, age, gender, actual or presumed disability, history of disability, sexual orientation, gender identity, gender expression, genetic predisposition or carrier status, pregnancy, military status, marital status, or partnership status, or any other characteristic protected by law.