Sr. Financial Analyst-Clinical Finance, FP&A (Hybrid position)

Sr. Financial Analyst-Clinical Finance, FP&A (Hybrid Position)

Finance / Accounting / Billing

New York, NY

ID : 1151101_RR00111315

Full-Time / Regular

NYU Langone Health is a fully integrated health system that consistently achieves the best patient outcomes through a rigorous focus on quality that has resulted in some of the lowest mortality rates in the nation. Vizient Inc. has ranked NYU Langone the No. 1 comprehensive academic medical center in the country for three years in a row, and U.S. News & World Report recently placed nine of its clinical specialties among the top five in the nation. NYU Langone offers a comprehensive range of medical services with one high standard of care across 6 inpatient locations, its Perlmutter Cancer Center, and over 320 outpatient locations in the New York area and Florida. With $14.2 billion in revenue this year, the system also includes two tuition-free medical schools, in Manhattan and on Long Island, and a vast research enterprise with over $1 billion in active awards from the National Institutes of Health.

Position Summary : We have an exciting opportunity to join our team as a Sr. Financial Analyst-Clinical Finance, FP&A. In this role, the successful candidate as the Senior Financial Analyst - Financial Planning will report to the Director of Financial Planning and will liaise with clinical, finance, and administrative leadership teams to ensure that business planning, analytical, and forecasting needs are met for NYU Langone Hospitals and Schools of Medicine. This includes the production of Profit / Loss statements, Cash models, and statistical reports related to patient volume & hospital utilization. Also expected is the preparation of complex business plans, including NYS DOH Certificate of Need schedules, for new facilities or clinical services. The ideal candidate will have strong interpersonal and analytical skills, a deep understanding of hospital finance, and the ability to communicate complex financial information effectively to non-financial stakeholders.

Job Responsibilities :

Serve as a key contributor in the development of operating and capital business plans.

Serve as a project lead, leveraging appropriate stakeholders for any required Certificates of Need.

Assist in the preparation and completion of the annual operating budget, rolling forecast, and longrange plan for hospital sites.

Implement budgeting and financial planning methodologies, as needed. Perform scenario / sensitivity analysis on planning assumptions.

Collaborate with site finance leadership to validate and refine revenue and expense budget baselines and targets.

Incorporate any known new / incoming business lines into go-forward projections prepared by Financial Planning Department.

Maintain health system volume and utilization projections in budget targets & forecasts.

Work with managed care department to understand and utilize contractual information relevant to hospital reimbursement for both acute care and cancer services.

Partner with site finance teams to improve and standardize analytics to align reporting across NYULH Hospital campuses.

Incorporate new technologies, systems, and processes to improve the daily operation of the Finance department.

Liaise with Hospital Leadership to inform strategic financial decisions across our business.

Special projects, reports, and ad hoc analyses, as needed. Perform other duties as assigned.

Minimum Qualifications : To qualify you must have a Bachelors degree with a major in a business subject (e.g. accounting, finance, economics) and 3-5 years of related experience. A graduate in business or public administration is preferred. Other minimum qualifications include : excellent oral and written communication skills, analytical skills, problem solving skills, and a comprehensive knowledge all applications within Microsoft Office; specifically with Excel. He or She must know vlookups, pivot tables, sub-totals, and other Excel functions.

Preferred Qualifications : Knowledge in hospital operations, patient revenue, and clinical expense models. Familiarity with financial planning, budgeting, and / or forecasting methodologies. Experience working within a large health system or hospital finance department.

Qualified candidates must be able to effectively communicate with all levels of the organization. NYU Langone Health provides its staff with far more than just a place to work. Rather, we are an institution you can be proud of, an institution where you'll feel good about devoting your time and your talents.

At NYU Langone Health, we are committed to supporting our workforce and their loved ones with a comprehensive benefits and wellness package. Our offerings provide a robust support system for any stage of life, whether it's developing your career, starting a family, or saving for retirement. The support employees receive goes beyond a standard benefit offering, where employees have access to financial security benefits, a generous time-off program and employee resources groups for peer support. Additionally, all employees have access to our holistic employee wellness program, which focuses on seven key areas of well-being : physical, mental, nutritional, sleep, social, financial, and preventive care. The benefits and wellness package is designed to allow you to focus on what truly matters. Join us and experience the extensive resources and services designed to enhance your overall quality of life for you and your family. NYU Langone Health is an equal opportunity employer and committed to inclusion in all aspects of recruiting and employment. All qualified individuals are encouraged to apply and will receive consideration.

NYU Langone Health provides a salary range to comply with the New York state Law on Salary Transparency in Job Advertisements. The salary range for the role is $81,317.60 - $96,296.20 Annually. Actual salaries depend on a variety of factors, including experience, specialty, education, and hospital need. The salary range or contractual rate listed does not include bonuses / incentive, differential pay or other forms of compensation or benefits.

To view the Pay Transparency Notice, please click here.