Director, Financial Operations

Job Description

Directs budget, operating, capital expenses and revenue as well as manages budget and end of month financial closing for Northwell's Institute for Community Health and Wellness and Northwell Direct divisions. Ensures compliance with applicable laws, regulatory standards and internal policies. Directs financial activities of the relevant functional Directors to meet short and long-term strategic goals; develops and establishes policies and procedures to optimize business operations.

Job Responsibility

• Leads a Financial Operations group by communicating with and developing staff members and building consensus for programs and goals that support a business, function or geographic area.
• Develops and articulates a short-term strategic vision for areas of responsibility.
• Develops plans and directs financial operations to achieve strategic operating goals and objectives; tracks and reports on department operational and financial performance indicators; evaluates, develops and establishes policies and procedures to improve efficiency of current systems / processes / functions.
• Ensures financial operations are compliant with laws, regulations and standards including but not limited to; federal, state and local laws and accrediting regulatory agencies pertaining to financial management.
• Develops programs and initiatives to achieve the mission, vision and goals of the organization.
• Develops and oversees department financial management including budget, labor, and expenditures; modifies financial programs consistent with changing regulatory and fiscal environment.
• Plans and implements Human Resources initiatives to achieve departmental goals to include recruitment, compensation, recognition, employee relations, training and development; manages and evaluates direct reports and oversees the management and evaluation of indirect reports.
• Responsible for end of month financial closing in collaboration with Financial Reporting.
• Responsible for the development of annual operational plan tied to Revenue Budget including all lines of business that the divisions are engaged with.
• Develops and monitors strategic operating goals, objectives and budget; reports operational performance, justification and / or corrective action; builds and maintains productive inter / intra departmental and vendor work relationships to optimize operations.
• Develops and oversees financial management including budget, salary, capital, and revenue projections; oversees compliance with government and agency regulations.
• Performs related duties as required. All responsibilities noted here are considered essential functions of the job under the Americans with Disabilities Act. Duties not mentioned here, but considered related are not essential functions.

Job Qualification

The salary range and / or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future.When determining a team member's base salary and / or rate, several factors may be considered as applicable (e.g., location, specialty, service line, years of relevant experience, education, credentials, negotiated contracts, budget and internal equity).