Manager, Finance

University of Miami; United States; On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Tuition remission

Competitive compensation

Job summary

The University of Miami seeks an experienced finance professional to oversee the budget preparation process, staffing benchmarks, and long-range financial planning. You will translate strategy into executable business cases and evaluate new programs within a hospital system.

The role requires 5+ years in healthcare finance, a Bachelor's degree (Master's preferred), and proficiency with Excel, Power BI, Epic and Aria.

Qualifications

• Education: Bachelor’s degree in relevant field.
• Master's degree preferred.
• Experience: Minimum 5 years of relevant experience.
• Experience in healthcare is highly preferred.
• Knowledge of business and management principles.
• Ability to direct, manage, implement, and evaluate department operations.
• Ability to establish department goals and objectives that support the strategic plan.
• Ability to plan, delegate, and supervise the work of others.
• Ability to lead, motivate, develop, and train others.
• Experience working within hospital system.
• Knowledge with cancer services is highly preferred.
• Experience with Epic and Aria.
• Knowledge and experience with Power BI.
• Knowledge of budgeting software applications.
• Proficiency with Excel and PowerPoint.

Responsibilities

• Oversees the budget preparation process and monitors department performance against budget.
• Prepares and monitors staffing benchmarks.
• Translates long-range strategy into executable business cases and financial planning.
• Assists department with economic evaluation of new programs and equipment.
• Performs trend analyses and volume projections.
• Evaluates spending trends and develops strategies that ensure budget compliance.
• Drives strategic direction and financial long-term investment processes.
• Forms and maintains partnerships across organizational boundaries.
• Forms monthly and annual financial statements.
• Establishes and assesses the effectiveness of internal controls and policy compliance.
• Ensures employees are trained on controls and university policy.

Skills

Budget planning

Staff leadership

Strategic thinking

Healthcare industry knowledge

Team development

Policy compliance

Education

Bachelor's degree in relevant field

Master's degree preferred

Tools

Power BI

Excel

PowerPoint

Epic

Aria

Job description

CORE JOB FUNCTIONS

• Oversees the budget preparation process and monitors department performance against budget.
• Prepares and monitors staffing benchmarks.
• Translates long-range strategy into executable business cases and financial planning.
• Assists department with performing economic evaluation of new programs and equipment.
• Performs trend analyses and volume projections.
• Evaluates spending trends and develops strategies that will ensure compliance with budgets.
• Drives the strategic direction and financial long-term investment process.
• Forms and maintains effective partnerships across organizational boundaries.
• Formulates monthly and annual financial statements.
• Establishes and continuously assesses the effectiveness of the internal controls within the unit and compliance with University policies and procedures.
• Ensures employees are trained on controls within the function and on University policy and procedures.
• 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

• Education: Bachelor’s degree in relevant field
• Master's degree preferred
• Certification and Licensing: Not Applicable
• Experience: Minimum 5 years of relevant experience
• Experience in healthcare is highly preferred
• Knowledge, Skills and Attitudes: Knowledge of business and management principles.
• Ability to direct, manage, implement, and evaluate department operations.
• Ability to establish department goals, and objectives that support the strategic plan.
• Ability to effectively plan, delegate and/or supervise the work of others.
• Ability to lead, motivate, develop, and train others.
• Experience working within hospital system.
• Knowledge with cancer services is highly preferred
• Experience working with Epic and Aria
• Knowledge and experience working with Power BI
• Knowledge of various software budgeting software applications
• High degree of proficiency with Excel and PowerPoint

DEPARTMENT ADDENDUM

Department Specific Functions

• Review of daily hospital revenue and statistics to identify any potential issues that can negatively impact hospital profitability and work with hospital department leader for resolution.
• Help to manage the annual budget process for the hospital in conjunction with the University’s Health System.
• Reviews and approves capital requisitions, ensuring that all capital requests align with overall budget.
• Lead the month-end financial close process, ensuring the G/L accounts properly reflect operations, and identify any budget variances
• Perform ad-hoc analysis on variance cancer service lines in order to determine key factors driving profitability
• Develop Monthly Operating Reports for the hospital departments to be reviewed with department leaders
• Oversee, train and develop junior team members

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.

Applicants and employees are protected from discrimination based on certain categories protected by Federal law.

Job Status: Full time Employee Type: Staff

The mission of the University of Miami is to transform lives through education, research, innovation, and service.

A vibrant and diverse academic and healthcare community, the University of Miami and the University of Miami Health System ("UHealth") have rapidly progressed to become one of the nation’s top research universities and academic medical centers in the nation.

The University comprises 12 schools and colleges serving undergraduate and graduate students in more than 350 majors and programs.

Visit welcome.miami.edu/about-um to learn more about our points of pride.

The University ranks No. 55 on U.S. News & World Report’s 2022 Best Colleges list and ranked No. 49 in the 2022 Wall Street Journal/Times Higher Education College Rankings.

Bascom Palmer Eye Institute is ranked the #1 eye hospital in the USA and offers some of the nation's premiere eye doctors to treat every eye condition for adults.

Sylvester Comprehensive Cancer, part of the Miller School of Medicine, received the prestigious National Cancer Institute designation in 2019.

The University of Miami and UHealth have also ranked among the Forbes Best Employers and Best Employers for Women on several occasions, most recently in 2022.

With more than 17,000 faculty and staff, the University strives for excellence, and is driven by a powerful mission to transform and impact the lives of its students, patients, members of the community, and people across the globe.

The University of Miami is an Equal Opportunity Employer.

Applicants and employees are protected from discrimination based on certain categories protected by Federal law.