
Sr. Financial Manager (Otolaryngology)
Required skills
- financial management
- fiscal management
- budget development
- budget management
- financial modeling
- financial analysis
- financial planning
- financial reports
- forecasting
- trending
Nice to have
- clinical revenue cycle operations
- billing
- collections
- patient financial services
- academic medical center
Role summary
Seeking a Sr. Financial Manager for the Otolaryngology department to oversee fiscal management for a complex environment with a budget exceeding $30 million. Responsibilities include financial modeling, analysis, planning, budget development and management, financial systems improvement, and strategic financial planning. The role involves developing business plans, ensuring policy adherence, and providing direct supervision to staff. This position requires advanced analytical, budgeting, business planning, financial analysis, financial controls, financial planning, financial strategy, and interpersonal skills, with a strong understanding of regulatory compliance.
We are seeking a Sr. Financial Manager in the department of Otolaryngology. The Sr. Financial Manager is responsible for fiscal management for a complex environment, which may include large and multiple centers, programs, departments, and organizations with a comparatively large and complex budget. In addition to managing financial activities involving a variety of account types and overseeing the development and management of budgets, the position has primary responsibility for financial modeling, financial analysis and financial planning.
Specific Duties & Responsibilities
- Manage funds of various types, e.g., general, clinical, research, gift, endowment, etc., whose total revenues exceed $30 million dollars.
- Oversee the development of all budgets for assigned areas.
- Responsible for monitoring and overall analysis of budget patterns, expenditures, and revenue.
- Provide management for the overall department/division financial systems. Develop, implement, and oversee the continued improvement of financial systems and processes.
- Develop complex financial reports for forecasting, trending, and results analysis.
- Develop management, narrative, and statistical reports.
- Lead the process of strategic financial planning with senior management.
- Formulate and document overall planning for projects, new services, and initiatives which incorporates growth, viability, profitability, and fosters the continued advancement of the area’s mission.
- Develop detailed business plans for new and existing programs to include market demand assessment, capital needs, facilities, strengths and weaknesses, operational requirements, and implementation plans.
- Collaborate with appropriate internal and external administrative offices to ensure that required policies and procedures are followed.
- Provide direct supervision to unit staff and/or oversight for finance staff across the designated area.
- Other duties as assigned.
In addition to the duties described above
- Meet regularly with faculty and department leadership to discuss departmental/divisional/individual financial performance, faculty compensation, research award management, and budget development.
Minimum Qualifications
- Bachelor's Degree in Finance, Accounting, Business or related field.
- Five years of progressively responsible related financial and financial management experience, e.g., planning, monitoring, or controlling the monetary resources of a department, center, or comparable business unit.
- Experience working on a complex budget.
- Additional education may substitute for required experience and additional related experience may substitute for required education beyond a high school diploma/graduation equivalent, to the extent permitted by the JHU equivalency formula.
Preferred Qualifications
- Master's Degree in a related field.
- Seven years of progressively responsible related financial and financial management experience, e.g., planning, monitoring, or controlling the monetary resources of a department, center, or comparable business unit preferred.
- Demonstrated experience in clinical revenue cycle operations, including billing, coding, collections, and/or patient financial services within an academic medical center setting preferred.
Technical Skills & Expected Level of Proficiency
- Analytical Skills - Advanced
- Budget Development - Advanced
- Budget Management - Advanced
- Business Planning - Advanced
- Financial Analysis - Advanced
- Financial Analysis and Reporting - Advanced
- Financial Controls - Advanced
- Financial Planning - Advanced
- Financial Software - Advanced
- Financial Strategy Development - Advanced
- Interpersonal Skills - Advanced
- Regulatory Compliance - Advanced
The core technical skills listed are most essential; additional technical skills may be required based on specific division or department needs.
Classified Title: Sr. Financial Manager
Job Posting Title (Working Title): Sr. Financial Manager (Otolaryngology)
Role/Level/Range: ATP/04/PF
Starting Salary Range: $87,635 - $153,545 Annually ($120,640 targeted; Commensurate w/exp.)
Employee group: Full Time
Schedule: M-F, 8:00am - 5:00pm
FLSA Status: Exempt
Location: School of Medicine Campus
Department name: SOM Oto General Administration
Personnel area: School of Medicine
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