Sr. Manager, Financial Planning & Analysis (H)
University of Miami

Job Info

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The University of Miami Health (UHealth) System IT Finance Operations Department has an opportunity for a full-time Sr. Manager, Financial Planning & Analysis to work remotely.

The Sr. Manager, Financial Planning & Analysis coordinates financial and clinical support services. This role researches, designs, negotiates and executes financial decision support projects with clinical and administrative staff. The incumbent supervises a team of analysts supporting the following areas: Budgeting, Cost Accounting, Clinical Resource/Staffing Productivity Management, and Financial Planning. He/she will function as the team leader for start-up activities and new programs initiated by the hospital. Responsibilities require close interaction with physicians and department directors/managers regarding interpretation of financial data.

Core Responsibilities:

• Manages the creation and analysis of service line profit and loss to support decision-making and change within Specialty Hospitals' departments.

• Manages, develops, and maintains decision support system to ensure availability of accurate and timely revenue, cost, and utilization data used by all levels of management within the organization.

• Works with all levels of the institution in the strategic decision-making process while maintaining the required degree of confidentiality and professionalism.

• Maintains accuracy and data integrity in the decision support system through audits and routine reviews of data.

• Works with Revenue Integrity to build revenue capture models, track revenue inconsistencies within hospital departments and work with IT to fix any issues in a timely manner.

• Implements and maintains resource utilization systems across all hospital departments. Maintains regular communication with department managers in regard to labor standards.

• Utilizes financial and decision support systems to perform complex financial evaluations of new programs, including assessment of volume, reimbursement, payor mix, operating costs, capital requirements and the financial structure in accordance with departmental policies and procedures.

• Prepares and/or validates assumptions, complex calculations, schedules and other documentation in developing the Specialty Hospitals annual capital and operating budgets.

• Communicates with departments to resolve various budget-related financial problems and procedures. Assists directors/managers in understanding variances from budget and documents new issues that impact the current and future budget developments.

• Ensures internal control oversight and compliance with laws and regulations, safeguarding of assets, compliance with University policies and procedures, reliability of internal and external reporting, and efficiency and effectiveness of operations.

• Creates an effective control environment, conducts risk assessment, implements and monitors controls.

Department Specific Functions:

• Ensure real-time financial reporting, which provides managing the pertinent information to support decision making

• Responsible for maintaining accurate forecasting of major expenses such as licenses, maintenance agreements, and contract labor

• Responsible for expense classification between operational and capital expenditures and more specifically for properly assigning expenses to correct driver worktags, spend categories and cost centers to ensure expenses are correctly aligned with fiscal year plan

• Built strong internal relationships with Central Finance, Accounts Payable, Supply Chain and Grant departments.

• Oversees staffing productivity tracking and related financial implications.

• Maintain strong external relationships with third party vendor partners.

• Maintain and communicate the current fiscal month close process including but not limited to preparation and review of the monthly journal entries, invoice approvals, amortization schedules and accruals with the appropriate financial committees and departments.

• Lead the planning and execution of the internal purchase order tracking process Lead business operational initiatives and implementations to optimize IT Planning and Administration department's efficiency

• Manage team of analysts in all day-to-day financial operations such purchase order, invoice processing, and staffing trends

• Required to maintain confidential and sensitive information regarding to headcount, salaries, and grant allocations

• Lead correct financial allocations between UHealth and Academy financial statements

• Responsible for safeguarding sensitive legal and contract information

• Maintain knowledge of technology uses, cybersecurity tools, and market trends.

• Lead financial contract negotiations alongside leadership.

• Manage Contract Labor vendor relationships.

• Maintain all Statements of Work along with proper allocation of contractor effort.

• Utilize ServiceNow to create financial efficiencies between Workday Report systems.

• Lead fiscal year plan development for operational and capital budgets

• Create and lead system wide facility creation

• Drive IT process improvement and vendor accountability to aid in ensuring operational and financial efficiencies.

This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

CORE QUALIFICATIONS:

• Bachelor's degree in relevant field

• Workday (Super-User) preferred

• Minimum 6 years of relevant experience

• Ability to direct, manage, implement, and evaluate department operations.

• Ability to establish department goals and objectives that support the strategic plan.

• Knowledge of generally accepted accounting procedures and principles.

• Knowledge of budget control methods, policies, and procedures.

• Ability to analyze, consolidate, and interpret accounting data.

Any relevant education, certifications and/or work experience may be considered.

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The University of Miami offers competitive salaries and a comprehensive benefits package including medical, dental, tuition remission and more.

UHealth-University of Miami Health System, South Florida's only university-based health system, provides leading-edge patient care powered by the ground breaking research and medical education at the Miller School of Medicine. As an academic medical center, we are proud to serve South Florida, Latin America and the Caribbean. Our physicians represent more than 100 specialties and sub-specialties, and have more than one million patient encounters each year. Our tradition of excellence has earned worldwide recognition for outstanding teaching, research and patient care. We're the challenge you've been looking for.

The University of Miami is an Equal Opportunity Employer - Females/Minorities/Protected Veterans/Individuals with Disabilities are encouraged to apply. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

Job Status:Full timeEmployee Type:StaffPay Grade:H15

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