Manager, Finance - Atlantic Health System
Summit, NJ
About the Job
Atlantic Health System is seeking a skilled Manager of Finance to join our team. The Manager of Finance will play a critical role in analyzing and interpreting financial data, contributing to strategic decision-making, and ensuring the hospital's financial health. The ideal candidate is curious about numbers, data, business, and healthcare; Operations-based mindset is a plus. This is an excellent opportunity to learn about a diverse range of hospital finances and be part of the core leadership team at Overlook Medical Center a 513 licensed bed AHS hospital.
JOB DESCRIPTION
- Collaborate with the CFO and Finance team to develop, monitor, and analyze financial performance metrics, budgets, and forecasts.
- Generate detailed financial reports, including monthly, quarterly, and annual financial statements, variance analyses, and trend reports.
- Conduct in-depth financial analysis to identify trends, outliers, and opportunities for cost savings or revenue enhancement.
- Assist in preparation of annual operating budget for the site. Work with budget analyst and CFO in troubleshooting any issues.
- Work with the accounting team to facilitate month end close and variance reporting.
- Utilize cost accounting system to provide contribution margin analysis report to aid in strategic decision making.
- Assist in the development and evaluation of strategic financial plans, capital expenditure proposals, and business cases for new initiatives.
- Provide support in evaluating the financial impact of potential contracts, partnerships, and business development opportunities.
- Monitor and assess key performance indicators (KPIs) related to hospital operations, revenue generation, and expense management.
- Contribute to the preparation of financial presentations for executive leadership and board meetings.
- Assist in the preparation of financial models and scenarios to support long-term financial planning and risk assessment.
- Participate in the annual budgeting process, providing insights and recommendations to align budget allocations with strategic goals.
- Support ad-hoc financial projects and initiatives as directed by the CFO.
- Analyze the productivity metrics across Overlook Medical Center and assist departments (as needed).
- Update Service Line Leaders with monthly volumes as pulled from HPM.
- Work with the CNO and Nursing Leadership in creating appropriate staffing plans.
- Create and present educational sessions to hospital management as part of Fiscal Committee.
- Participate in reviewing agency staffing template bi-weekly for the CFO.
- Assist (as needed) with on-site productivity meetings with department leadership and staff.
- Attend Huddles and speak to areas of financial concern.
- Attend monthly Patient Care Management Council and present on Finance matters.
- Attend monthly Fiscal Committee Meetings and inform team of Finance updates.
- Oversee and review work done by finance team.
- Stay informed about industry trends, regulations, and best practices in healthcare finance.
Other duties as assigned.
ABOUT US At Atlantic Health System, our promise to our communities is; Anyone who enters one of our facilities, will receive the highest quality care delivered at the right time, at the right place, and at the right cost. This commitment is also echoed in the respect, development and opportunities we give to our more than 20,000 team members. Headquartered in Morristown, New Jersey, we are one of the leading non-profit health care systems in the nation. Our facilities and sites of care include:
We also have more than 900 community-based healthcare providers affiliated through Atlantic Medical Group. Atlantic Accountable Care Organization is one of the largest ACOs in the nation, and we are a member of AllSpire Health Partners. We have received awards and recognition for the services we have provided to our patients, team members and communities. Below are just a few of our accolades:
Our Atlantic Neuroscience Institute is the region’s leader in neuroscience care. A hub for the New Jersey Stroke Network, we offer a broad range of advanced neurological, neurosurgical and neurodiagnostic services. We are also certified as a Level IV Epilepsy Center and home to the Gerald J. Glasser Brain Tumor Center, where more brain tumor surgeries are performed than anywhere else in New Jersey. Our CyberKnife® program is the largest and most experienced in the state. We also have a satellite emergency department in Union, NJ, which treats about 40,000 emergency cases each year. Committed to providing exceptional care, Overlook Medical Center has achieved the prestigious Magnet® recognition. This designation from the American Nurses Credentialing Center is the highest national honor for nursing excellence. What’s more, Overlook Medical Center has advanced certification from The Joint Commission for perinatal care and is designated an Advanced Comprehensive Stroke Center. Additional Joint Commission-certified services include behavioral health care, spine surgery, wound care, and primary care medical home (PCMH). EEO STATEMENT Atlantic Health System, Inc. is an equal employment opportunity employer and federal contractor or subcontractor and therefore abides by applicable laws to protect applicants and employees from discrimination in hiring, promotion, discharge, pay, fringe benefits, job training, classification, referral, and other aspects of employment, on the basis of race, color, religion, sex (including pregnancy, gender identity and sexual orientation), national origin, citizenship status, disability, age, genetics, or veteran status. |
Source : Atlantic Health System